Luxury Goods in Romania

October 2023
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Overview:

Understand the latest market trends and future growth opportunities for the Luxury Goods industry in Romania with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.

Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.

Data and analysis in this report provides further detailed coverage dedicated to the following key categories, where applicable:

  • Experiential Luxury
  • Luxury Hotels
  • Fine Wines/Champagne
  • Premium and Luxury Cars
  • Personal Luxury
  • Designer Apparel and Footwear
  • Luxury Eyewear
  • Luxury Jewellery
  • Luxury Leather Goods
  • Luxury Portable Consumer Electronics
  • Luxury Timepieces
  • Luxury Writing Instruments and Stationery
  • Super Premium Beauty and Personal Care

If you're in the Luxury Goods industry in Romania, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.

The Luxury Goods in Romania report includes:

  • Analysis of key supply-side and demand trends
  • Detailed segmentation of international and local products
  • Historic volume and value sizes, company and brand market shares
  • Five year forecasts of market trends and market growth
  • Robust and transparent research methodology, conducted in-country

This report answers:

  • What is the market size of Luxury Goods in Romania?
  • Which are the leading brands in Luxury Goods in Romania?
  • How are products distributed in Luxury Goods in Romania?
  • How important is tourism in evaluating demand for Luxury Goods in Romania?
  • How is the rise of e-commerce changing the retail and competitive landscape?
  • How has COVID-19 and global recession impacted demand for luxury goods? What are the opportunities amidst the adversity?
  • Where is future growth expected to be most dynamic?
Download Table of Contents

Luxury Goods in Romania

Luxury goods in 2023: The big picture
2023 key trends
Competitive landscape
Retailing developments
What next for luxury goods?
Table 1 Sales of Luxury Goods by Category: Value 2018-2023
Table 2 Sales of Luxury Goods by Category: % Value Growth 2018-2023
Table 3 Inbound Receipts for Luxury Goods by Country of Origin: Value 2018-2023
Table 4 NBO Company Shares of Luxury Goods: % Value 2018-2023
Table 5 LBN Brand Shares of Luxury Goods: % Value 2019-2023
Table 6 Distribution of Luxury Goods by Format and Category: % Value 2023
Table 7 Forecast Sales of Luxury Goods by Category: Value 2023-2028
Table 8 Forecast Sales of Luxury Goods by Category: % Value Growth 2023-2028

DISCLAIMER

Summary 1 Research Sources

Experiential Luxury in Romania

KEY DATA FINDINGS

Retail current value sales of experiential luxury on the rise in 2023
Luxury hotels shape the performance of experiential luxury in 2023
Marriott International Inc holds the lead in experiential luxury in 2022
Retail value sales to rise over 2023-2028
Luxury hotels is expected to continue to dominate over the forecast period
Investment opportunities for luxury hotels in Bucharest
Table 9 Sales of Experiential Luxury by Category: Value 2018-2023
Table 10 Sales of Experiential Luxury by Category: % Value Growth 2018-2023
Table 11 NBO Company Shares of Experiential Luxury: % Value 2018-2023
Table 12 LBN Brand Shares of Experiential Luxury: % Value 2019-2022
Table 13 Forecast Sales of Experiential Luxury by Category: Value 2023-2028
Table 14 Forecast Sales of Experiential Luxury by Category: % Value Growth 2023-2028

Fine Wines/Champagne and Spirits in Romania

KEY DATA FINDINGS

Fine wines/champagne and spirits sees rising retail value sales in 2023
Fine wines is the largest category in terms of retail value sales in 2023
Pernod Ricard Romania SRL is the leading company in fine wines/champagne and spirits in 2022
Retail value sales expected to rise in constant 2023 terms over the forecast period
Fine wines is set to see the fastest retail value CAGR over 2023-2028
Expanding offer expected in the forecast period
Table 15 Sales of Fine Wines/Champagne and Spirits by Category: Value 2018-2023
Table 16 Sales of Fine Wines/Champagne and Spirits by Category: % Value Growth 2018-2023
Table 17 NBO Company Shares of Fine Wines/Champagne and Spirits: % Value 2018-2022
Table 18 Distribution of Fine Wines/Champagne and Spirits by Format: % Value 2018-2023
Table 19 Forecast Sales of Fine Wines/Champagne and Spirits by Category: Value 2023-2028
Table 20 Forecast Sales of Fine Wines/Champagne and Spirits by Category: % Value Growth 2023-2028

Premium and Luxury Cars in Romania

KEY DATA FINDINGS

Retail value sales increase in 2023
Premium and luxury cars recovers slowly from the pandemic slump
Daimler AG leads premium and luxury cars in 2022
Retail value sales of premium and luxury cars are set to rise over 2023-2028
E-commerce sales to become more prominent
Rise in importance of electric cars
Table 21 Sales of Premium and Luxury Cars: Value 2018-2023
Table 22 Sales of Premium and Luxury Cars: % Value Growth 2018-2023
Table 23 NBO Company Shares of Premium and Luxury Cars: % Value 2018-2022
Table 24 LBN Brand Shares of Premium and Luxury Cars: % Value 2019-2022
Table 25 Forecast Sales of Premium and Luxury Cars: Value 2023-2028
Table 26 Forecast Sales of Premium and Luxury Cars: % Value Growth 2023-2028

Personal Luxury in Romania

KEY DATA FINDINGS

Personal luxury sees a rise in retail value sales in 2023
Designer apparel (ready-to-wear) dominates designer apparel and footwear (ready-to-wear)
Luxury eyewear enjoys increase in retail value sales
Luxury jewellery retail value sales see a rise in 2023
Rise in retail value sales of luxury leather goods in 2023
Retail value sales of luxury wearables electronics grow in 2023
Luxury timepieces enjoys retail value sales increase in 2023
Retail value sales of writing instruments and stationery on the up in 2023
Retail value sales of super premium beauty and personal care rise in 2023
LVMH Moët Hennessy Louis Vuitton SA heads personal luxury in 2022
Retail value sales to increase in 2023 constant terms over the forecast period
Super premium beauty and personal care is expected to become the key category in retail value terms
Luxury wearables electronics is set to see the fastest retail value CAGR over the forecast period
Table 27 Sales of Personal Luxury by Category: Value 2018-2023
Table 28 Sales of Personal Luxury by Category: % Value Growth 2018-2023
Table 29 NBO Company Shares of Personal Luxury: % Value 2018-2022
Table 30 LBN Brand Shares of Personal Luxury: % Value 2019-2022
Table 31 Distribution of Personal Luxury by Format: % Value 2018-2023
Table 32 Forecast Sales of Personal Luxury by Category: Value 2023-2028
Table 33 Forecast Sales of Personal Luxury by Category: % Value Growth 2023-2028
The following categories and subcategories are included:

Luxury Goods

    • Luxury Foodservice
    • Luxury Hotels
      • Fine Champagne
      • Other Fine Wine
      • Luxury Brandy and Cognac
      • Luxury Whiskies
      • Other Luxury Spirits
  • Premium and Luxury Cars
        • Men's Designer Apparel
        • Women's Designer Apparel
        • Designer Childrenswear
        • Designer Clothing Accessories and Hosiery
        • Children's Designer Footwear
        • Men's Designer Footwear
        • Women's Designer Footwear
      • Luxury Spectacle Frames
        • Men's Luxury Sun Glasses
        • Women's Luxury Sun Glasses
      • Luxury Costume Jewellery
        • Men's Luxury Fine Jewellery
        • Women's Luxury Fine Jewellery
        • Men's Luxury Bags and Small Leather Goods
        • Women's Luxury Bags and Small Leather Goods
      • Luxury Travel Goods
    • Luxury Wearables Electronics
      • Men's Luxury Timepieces
      • Women's Luxury Timepieces
    • Luxury Writing Instruments and Stationery
      • Super Premium Colour Cosmetics
      • Super Premium Fragrances
      • Super Premium Skin Care
      • Other Super Premium Beauty and Personal Care

Luxury Goods

This is an aggregation of: Personal Luxury, Fine Wines/Champagne and Spirits, Luxury Cars and Experiential Luxury.

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This report originates from Passport, our Luxury Goods research and analysis database.

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