Personal luxury is projected to see a CAGR of 5% in current value terms (3% 2023 constant value CAGR) over the forecast period to reach SEK19.4 billion in 2028.
Designer apparel and footwear (ready-to-wear) is expected to remain the highest-value category, with retail current value sales of SEK7.8 billion in 2028, following a CAGR of 4% (2% 2023 constant value terms).
Luxury wearables electronics is projected to be the fastest-growing category over 2023-2028, with a retail current value CAGR of 33% (30% 2023 constant value CAGR). Innovation is set to continue to be a key demand factor, as the leading brand owners focus on the introduction of new models and make fast-paced technological advances in order to encourage upgrades.
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Understand the latest market trends and future growth opportunities for the Personal Luxury industry in Sweden 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 Sweden, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
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.
See All of Our DefinitionsThis report originates from Passport, our Personal Luxury research and analysis database.
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