Personal Luxury in Canada

October 2023
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USD 1,195
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Overview:

Understand the latest market trends and future growth opportunities for the Personal Luxury industry in Canada 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.

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

The Personal Luxury in Canada 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 Personal Luxury in Canada?
  • Which are the leading brands in Personal Luxury in Canada?
  • How are products distributed in Personal Luxury in Canada?
  • How important is tourism in evaluating demand for Personal Luxury in Canada?
  • 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

Personal Luxury in Canada - Category analysis

KEY DATA FINDINGS

Personal luxury benefiting from a post-pandemic sales boom in 2023
Designer apparel (ready-to-wear) dominates designer apparel and footwear (ready-to-wear)
Luxury eyewear comes back into focus as restrictions are lifted
Luxury jewellery sales benefit from self-gifting and the return of important events in 2023
Luxury leather goods see rising demand in 2023 as consumers resume their travel plans
Luxury wearables electronics sees strong innovation
Luxury timepieces benefiting from strong investment value
Value sales of writing instruments and stationery on the rise in 2023
Value sales of super premium beauty and personal care on the rise
Michael Kors Canada Holdings Ltd holds the lead in personal luxury in 2022
Positive outlook despite prevailing economic uncertainty
The return to normality set to help fuel demand for designer apparel and footwear (ready-to-wear) and super premium beauty and personal care
Luxury leather goods is expected to see the most dynamic percentage growth over forecast period
Table 1 Sales of Personal Luxury by Category: Value 2018-2023
Table 2 Sales of Personal Luxury by Category: % Value Growth 2018-2023
Table 3 NBO Company Shares of Personal Luxury: % Value 2018-2023
Table 4 LBN Brand Shares of Personal Luxury: % Value 2019-2023
Table 5 Distribution of Personal Luxury by Format: % Value 2018-2023
Table 6 Forecast Sales of Personal Luxury by Category: Value 2023-2028
Table 7 Forecast Sales of Personal Luxury by Category: % Value Growth 2023-2028

Luxury Goods in Canada - Industry Overview

Luxury goods in 2023: The big picture
2023 key trends
Competitive landscape
Retailing developments
What next for luxury goods?
Table 8 Sales of Luxury Goods by Category: Value 2018-2023
Table 9 Sales of Luxury Goods by Category: % Value Growth 2018-2023
Table 10 Inbound Receipts for Luxury Goods by Country of Origin: Value 2018-2023
Table 11 NBO Company Shares of Luxury Goods: % Value 2018-2023
Table 12 LBN Brand Shares of Luxury Goods: % Value 2019-2023
Table 13 Distribution of Luxury Goods by Format and Category: % Value 2023
Table 14 Forecast Sales of Luxury Goods by Category: Value 2023-2028
Table 15 Forecast Sales of Luxury Goods by Category: % Value Growth 2023-2028

DISCLAIMER

Summary 1 Research Sources
The following categories and subcategories are included:

Personal Luxury

      • 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

Personal Luxury

This is an aggregation of Designer Clothing and Footwear (Ready-to-Wear), Luxury Eyewear, Luxury Jewellery, Luxury Timepieces, Luxury Leather Goods, Luxury Writing Instruments and Stationery, Luxury Portable Consumer Electronics and Super Premium Beauty and Personal Care.

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  • Track key industry trends, opportunities and threats
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This report originates from Passport, our Personal Luxury research and analysis database.

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