Sales of personal luxury will record a CAGR of 9% in current value terms (7% CAGR at 2023 constant prices) over the forecast period to reach THB126.2 billion.
Designer apparel and footwear (ready-to-wear) will continue to be the biggest category, with sales reaching THB29.8 billion in 2028, up by a CAGR of 5% in current value terms (3% CAGR at 2023 constant prices) over the forecast period.
The personal luxury market is likely to see ongoing product developments and more distinctive concepts relating to personalisation and sustainability. Limited collections and brand collaborations are expected to spice up the market, while some brands are likely to introduce personalisation services to make them even more distinctive.
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Understand the latest market trends and future growth opportunities for the Personal Luxury industry in Thailand 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 Thailand, 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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