Bain Luxury Report 2024 Pdf: Patched

Remained the most resilient core category (up to 2% growth ), particularly in high jewelry and investment pieces.

Detailed insights can be found in the full Luxury in Transition report (PDF) or the Bain-Altagamma 2024 update . bain luxury report 2024 pdf

The Bain & Company Luxury Goods Worldwide Market Study (2024) reports a significant market slowdown, with personal luxury goods projected to dip 2% to €363 billion as consumers prioritize experiences over tangible products. While only one-third of brands are expected to see growth, the industry faces profit margin pressure and a shrinking customer base, prompting a shift toward "post-elevation" strategies. For the full report, visit Bain & Company Bain & Company Remained the most resilient core category (up to