Retail current value sales of luxury goods in the Netherlands rose by 8% in 2023 in current terms to amount to EUR9.8 billion.
In 2023, the demand for luxury goods increased even though there were headwinds caused by the cost of living crisis, the war in Ukraine, supply-chain issues and inflation. The Netherlands is also home to a number of affluent individuals, with around 649,700 such consumers residing there in 2023; accounting for a 4% share of the population.
Luxury goods remains highly competitive in the Netherlands. With mindfulness creeping into consumer choices, luxury players are focusing more on creating innovative products that offer consumers value.
Digitalisation is transforming luxury retailing, altering consumer shopping habits and brand engagement. This is leading consumers to seek out luxury brands online, shifting away from traditional retail spaces.
A bright outlook is predicted for luxury goods in the forecast period. A desire to spend on services and goods in the post-pandemic period is likely to lead to consumers buying more high-end goods.
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Understand the latest market trends and future growth opportunities for the Luxury Goods industry in Netherlands with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
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Data and analysis in this report provides further detailed coverage dedicated to the following key categories, where applicable:
If you're in the Luxury Goods industry in Netherlands, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Luxury Goods
This is an aggregation of: Personal Luxury, Fine Wines/Champagne and Spirits, Luxury Cars and Experiential Luxury.
See All of Our DefinitionsThis report originates from Passport, our Luxury Goods research and analysis database.
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