Luxury goods have gradually become the symbols of economic status especially for the middle and upper class population in the country. Singapore luxury goods market size stood at nearly USD ~ million in 2012, showcasing a healthy CAGR of 13.8% from 2007. The market observed a slightly sluggish growth rate of 9.4% in 2012 as compared to the past years. During this year, the growth rate slowed across all the major segments of the market relative to the previous years. However, the segment of luxury watches suffered the maximum, noting a significant depreciation of 3.8% from 2011.

1. Singapore Luxury Goods Market Outlook to 2017 - Rising HNWI Population to Propel the Growth
The report titled “Singapore Luxury Goods Market Outlook to 2017 – Rising HNWI Population to Propel the Growth” provides a
comprehensive analysis of the market size of Singapore luxury goods Industry on the basis of revenue generated from the sale of different types of luxury goods
in the country. The report provides a brief overview of luxury goods sales in Singapore covered in terms of various segments such as designer apparels, luxury
footwear, premium cosmetics and fragrances, luxury watches, designer jewellery, luxury spirits and wines, cigars and other luxury fashion accessories.
The analysis has been further extended to cover the competitive picture of the industry, thereby detailing the market share and company profiles of major players
operating in the luxury goods business in Singapore. The report also provides the major trends and developments driving the growth of luxury goods market in
Singapore, observed over the last few years. Future outlook of this market in the country has been provided on the basis of revenue over the next five years.
Luxury goods have gradually become the symbols of economic status especially for the middle and upper class population in the country. Singapore luxury
goods market size stood at nearly USD ~ million in 2012, showcasing a healthy CAGR of 13.8% from 2007. The market observed a slightly sluggish growth rate
of 9.4% in 2012 as compared to the past years. During this year, the growth rate slowed across all the major segments of the market relative to the previous years.
However, the segment of luxury watches suffered the maximum, noting a significant depreciation of 3.8% from 2011.
Luxury goods have become an integral part of the lifestyles in Singapore as compared to countries such as India, China, Taiwan and others. Singapore luxury
goods market covers various types of product categories including designer apparel, premium footwear, luxury watches, high end cosmetics and fragrances and
others. Designer apparels have been the highest contributing category in the market, forming around 26.0% of the market revenues. Premium cosmetics and
fragrances stood as the second highest category in terms of revenue contribution recording USD ~ million at a CAGR of 7.2% during 2007-2012. Designer
jewelry has emerged as one of the fastest growing segments in the market for luxury goods in the country over the period 2007-2012.
The market is projected to grow to USD 7,187.4 million in 2017 at a CAGR of 8.3% from 2012-2017. Some of the important factors which have fueled growth
in the luxury goods market of Singapore include increasing levels of gross domestic production, inclining income levels, growing population of upper middle
class people, high urbanization, growing proportion of affluent class in the overall population, shifting social attitudes towards the display of wealth and others.
Moreover, apart from the aforementioned attributes, the advantage of being an international free port is another major factor which has encouraged the sales of
luxury products in the country over the years. This has resulted in a comparatively higher spending by tourists in Singapore relative to its neighbors. Owing to
these factors, many premium international brands are looking forward to expand their investments and presence in Singapore.
The consumers of luxury products in Singapore are relatively more flexible and open to squander a little ahead of their budget for the purchase of popular and
exclusive items. The luxury goods industry in Singapore has largely been import driven with stocks arriving directly from the luxury stores located in Europe and
the Americas. Some of the popular luxury brands sold in Singapore luxury goods market across various product categories include Chanel, Louis Vuitton, Ralph
Lauren, Prada, Burberry, Jimmy Choo, Salvatore Ferragamo, Estee Lauder, Clinique, Lancôme, Rolex, Cartier, Omega, Panerai, TAG Heuer and others.
Key Topics Covered in the Report:
Market Size of Singapore luxury goods market by Revenue Generated, 2007-2012. Market Segmentation of Luxury Goods Market by Different Types of
Products, 2007-2012 Market Share of Major Players in Singapore Luxury Goods Industry by Different Market Segments Cause and Effect Relationship and
SWOT Analysis of Singapore Luxury Goods Market Space Trends and Developments of Singapore Luxury Goods market. Profiles of Major Players Operating in
the Luxury Goods Business on the Basis of Different Types of Products in Singapore. Prices Comparison of Products on the basis of Different brands Future
Outlook and Projections of the Singapore Luxury Goods Market on the basis of Revenue and Different Product Categories, 2013-2017
table Of Content
1.singapore – Economy Overview
2.singapore Luxury Goods Market Introduction
2.1.singapore Luxury Goods Market Size, 2007-2012
2.2.singapore Luxury Goods Market Segmentation By Category, 2007-2012
3.singapore Luxury Apparel Market Introduction
3.1.singapore Luxury Apparel Market Size, 2007-2012
3.2.singapore Luxury Apparel Market Segmentation
3.2.1.by Gender, 2007-2012
3.2.2.singapore Women Luxury Apparels Market Introduction And Size, 2007-2012
3.2.2.1.singapore Luxury Women Outerwear Market Introduction And Segmentation, 2010-2012
3.2.2.2.singapore Luxury Women Innerwear Introduction And Segmentation, 2012
3.2.3.singapore Men’s Luxury Apparels Market Introduction And Market Size, 2007-2012
3.2.3.1.singapore Luxury Men Outerwear Market Introduction And Segmentation, 2007-2012
3.2.3.2.singapore Luxury Men Innerwear Market Introduction And Segmentation, 2012
3.3.market Share Of Major Players In Singapore Luxury Apparel Market, 2010-2012
3.4.company Profiles Of Major Players In Singapore Luxury Apparels Market
4.singapore Luxury Footwear Market Introduction
4.1.singapore Luxury Footwear Market Size, 2007-2012
4.2.singapore Luxury Footwear Market Segmentation
4.2.1.by Gender, 2010-2012
4.2.2.by Product Categories, 2012
4.3.market Share Of Major Players In Singapore Luxury Footwear Market, 2012
Singapore Luxury Goods Market Outlook to 2017 - Rising HNWI Population to Propel the Growth

2. 4.4.company Profiles Of Major Players In Singapore Luxury Footwear Market
5.singapore Premium Cosmetics And Fragrances Market Introduction
5.1.singapore Premium Cosmetics And Fragrances Market Size, 2007-2012
5.2.singapore Premium Cosmetics And Fragrances Market Segmentation
5.2.1.by Product Categories, 2010-2012
5.3.market Share Of Major Brands In Singapore Premium Cosmetics And Fragrances
5.3.1.makeup And Skin Care, 2012
5.4.company Profiles Of Major Players In Singapore Premium Cosmetics And Fragrances Market
6.singapore Luxury Watch Market Introduction
6.1.singapore Luxury Watch Market Size, 2007-2012
6.2.singapore Swiss Watch Imports, 2008-2012
6.3.singapore Luxury Watch Market Segmentation
6.3.1.by Swiss Made Watches And Non Swiss Made Watches, 2007-2012
6.3.2.by Gender, 2007-2012
6.4.market Share Of Major Players In Singapore Luxury Watch Market, 2012
6.5.company Profiles Of The Major Players In Singapore Luxury Watch Market
7.singapore Luxury Jewellery Market Introduction
7.1.singapore Luxury Jewellery Market Size, 2007-2012
7.2.company Profiles Of Major Players In Singapore Luxury Jewellery Market
8.singapore Luxury Wine And Spirits Market Introduction And Segmentation, 2012
9.singapore Luxury Cigar Market Introduction
10.singapore Luxury Goods Market Trends And Development
focus Of On Young Customers
increasing Competition
growing Traction Of Internet Retailing
increasing Presence On Social Media Platforms
increasing Establishments Of Luxury Stores
11.swot Analysis Of Singapore Luxury Goods Market
12.singapore Luxury Goods Market Future Outlook And Projections, 2013-2017
12.1.by Revenue, 2013-2017
12.2.by Product Categories, 2013-2017
12.3.cause And Effect Relationship Between Singapore Luxury Goods Market And Industry Prospects
13.macro-economic Factors: Historical And Projections
13.1.urban Population, 2007-2017
13.2.high Net Worth Individuals Population, 2007-2017
13.3.gross Domestic Product, 2007-2017
13.4.tourist Arrivals In Singapore, 2007-2017
14.appendix
14.1.market Definitions
14.2.abbreviations
14.3.research Methodology
data Collection Methods
approach
variables (dependent And Independent)
multi Factor Based Sensitivity Model
final Conclusion
14.4.disclaimer
Singapore Luxury Goods Market Outlook to 2017 - Rising HNWI Population to Propel the Growth

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Singapore Luxury Goods Market Outlook to 2017 - Rising HNWI Population to Propel the Growth