SlideShare a Scribd company logo
1 of 7
Adults - 46 millions of the 239 millions adults in the US
Household Income under $75,000 - 20 millions (mass-market adults)
Household Income $75,000 to $249,999 – 26 millions (affluent consumers)
Household Income $250,000 or more - 4 millions
0
5
10
15
20
25
30
35
40
45
50
Adults Household Income under
$75,000
Household Income
$75,000 to $249,000
Household Income
$250,000 or more
Who Are The Luxury Purchasers in the U.S.
millions
46 millions US consumers who bought one or more luxury products or services during the past 12 months
23 millions purchased fine or premium alcoholic beverages
20 millions purchased premium beauty products
13 millions for luxury travel
11 millions purchased fine watch/jewelry
11 millions purchased premium home-related items
11 millions purchased designer clothes/accessories
7 millions purchased luxury vehicles
0
10
20
30
40
50
US consumers who bought one or more luxury products or
services during the past 12 months
Fine or premium alcoholic beverages
Premium beauty products
Luxury travel
Fine watch/jewerly
Premium home-related items
Designer clothes/accessories
Luxury vehicles
Millions
17.6%
17.1%
16.1%9.4%
8.8%
8.7%
6.1%
4.9%
2.9%
2.7%
2.4% 3.3%
Top US Luxury Car
in 2014
by
Market Share
BMW (BMW)
Mercedes-Benz (Daimler)
Lexus (Toyota)
Audi (VW)
Cadilac (GM)
Acura (Honda)
Infiniti (Nissan)
Lincoln (Ford)
Volvo (Volvo)
Land Rover (Tata)
Porsche (VW)
Other
Increasingly dominant economic force of luxury brands
Will control 75% of discretionary spending around the world by 2028
Global income to reach $18 trillion by 2018
Average contribution to household income is reaching 50% in 2014. Most importantly,
more women hit the affluent, high-net-worth and ultra-high-net-worth.
New voices, products and approaches to speak to a growing category
of sophisticated, affluent women.
Gucci has already launched the Chime
for Change - a female empowerment
platform
Hermès recently
hosted a fashion
show dedicated
to the power of
women
Tory Burch has
established a
platform for female
entrepreneurs
56% of surveyed HNWIs (HNWI – high-net-worth individuals) listing luxury travel as their preferred form of leisure activity
53% of respondents listed online social media such as micro-messaging and micro-blogging is the most popular source of luxury travel information.
44% listed TV as source of luxury travel information
43% listed newspapers as source of luxury travel information
35% listed Word of Mouth as source of luxury travel information
33% Magazines listed as source of luxury travel information
The Most Popular Source Of Luxury Travel Information in China
53%
Social
Media 44% TV
43%
Newspapers
35%
Word
of
Mouth
33%
Magazine
Luxury insights 2015 .pdf

More Related Content

Similar to Luxury insights 2015 .pdf

Baidu and entering China
Baidu and entering China Baidu and entering China
Baidu and entering China Kavita Kapoor
 
Global Powers Luxury 2017
Global Powers Luxury 2017Global Powers Luxury 2017
Global Powers Luxury 2017Gabriela Otto
 
NetBase Brand Passion Report: Luxury Brands 2016
NetBase  Brand Passion Report: Luxury Brands 2016NetBase  Brand Passion Report: Luxury Brands 2016
NetBase Brand Passion Report: Luxury Brands 2016SHAREENA ROMAN GUIAO
 
NetBase_AR_2016LuxuryBrands_2041_v3
NetBase_AR_2016LuxuryBrands_2041_v3NetBase_AR_2016LuxuryBrands_2041_v3
NetBase_AR_2016LuxuryBrands_2041_v3SHAREENA ROMAN GUIAO
 
China luxury market
China luxury market China luxury market
China luxury market VAYTON
 
Mary Furlong Silver Economy 2006
Mary Furlong Silver Economy 2006Mary Furlong Silver Economy 2006
Mary Furlong Silver Economy 2006Arjan in't Veld
 
Business of Luxury Emeric Delalandre
Business of Luxury Emeric DelalandreBusiness of Luxury Emeric Delalandre
Business of Luxury Emeric DelalandreEmeric Delalandre
 
Fashion Trends and Brand Opportunities in China
Fashion Trends and Brand Opportunities in ChinaFashion Trends and Brand Opportunities in China
Fashion Trends and Brand Opportunities in ChinaTechnomic Asia
 
Fashion grp 4 asses 2a
Fashion grp 4 asses 2aFashion grp 4 asses 2a
Fashion grp 4 asses 2awiegy1
 
Neo Souls' Demographic Profile, Smartphone Usage, and Purchase Behavior
Neo Souls' Demographic Profile, Smartphone Usage, and Purchase BehaviorNeo Souls' Demographic Profile, Smartphone Usage, and Purchase Behavior
Neo Souls' Demographic Profile, Smartphone Usage, and Purchase BehaviorRamon Cartwright
 
Bbc global audience segmentation
Bbc global audience segmentationBbc global audience segmentation
Bbc global audience segmentationSpark Media
 
How Millennials Shop for Luxury and Watches
How Millennials Shop for Luxury and WatchesHow Millennials Shop for Luxury and Watches
How Millennials Shop for Luxury and WatchesNavin Mangalat
 
Mail Media Pack
Mail Media PackMail Media Pack
Mail Media PackVenus1
 
Mail Media Pack
Mail Media PackMail Media Pack
Mail Media PackVenus1
 
Daily Mail Audience Pack
Daily Mail Audience PackDaily Mail Audience Pack
Daily Mail Audience Packmrsloan
 
Engage Shoppers by understanding them, an Eyeota & Skimlinks collaboration
Engage Shoppers by understanding them, an Eyeota & Skimlinks collaborationEngage Shoppers by understanding them, an Eyeota & Skimlinks collaboration
Engage Shoppers by understanding them, an Eyeota & Skimlinks collaborationJessie De Luca
 
Neo Soul consumers: A Demographic Profile of African American Millennials
Neo Soul consumers: A Demographic Profile of African American MillennialsNeo Soul consumers: A Demographic Profile of African American Millennials
Neo Soul consumers: A Demographic Profile of African American MillennialsRamon Cartwright
 
china luxury industry.pdf
china luxury industry.pdfchina luxury industry.pdf
china luxury industry.pdfpeter816970
 

Similar to Luxury insights 2015 .pdf (20)

Baidu and entering China
Baidu and entering China Baidu and entering China
Baidu and entering China
 
Global Powers Luxury 2017
Global Powers Luxury 2017Global Powers Luxury 2017
Global Powers Luxury 2017
 
NetBase Brand Passion Report: Luxury Brands 2016
NetBase  Brand Passion Report: Luxury Brands 2016NetBase  Brand Passion Report: Luxury Brands 2016
NetBase Brand Passion Report: Luxury Brands 2016
 
NetBase_AR_2016LuxuryBrands_2041_v3
NetBase_AR_2016LuxuryBrands_2041_v3NetBase_AR_2016LuxuryBrands_2041_v3
NetBase_AR_2016LuxuryBrands_2041_v3
 
China luxury market
China luxury market China luxury market
China luxury market
 
Mary Furlong Silver Economy 2006
Mary Furlong Silver Economy 2006Mary Furlong Silver Economy 2006
Mary Furlong Silver Economy 2006
 
Luxury v2
Luxury v2Luxury v2
Luxury v2
 
Business of Luxury Emeric Delalandre
Business of Luxury Emeric DelalandreBusiness of Luxury Emeric Delalandre
Business of Luxury Emeric Delalandre
 
Fashion Trends and Brand Opportunities in China
Fashion Trends and Brand Opportunities in ChinaFashion Trends and Brand Opportunities in China
Fashion Trends and Brand Opportunities in China
 
Fashion grp 4 asses 2a
Fashion grp 4 asses 2aFashion grp 4 asses 2a
Fashion grp 4 asses 2a
 
The Luxury Brand Market & Consumer
The Luxury Brand Market & ConsumerThe Luxury Brand Market & Consumer
The Luxury Brand Market & Consumer
 
Neo Souls' Demographic Profile, Smartphone Usage, and Purchase Behavior
Neo Souls' Demographic Profile, Smartphone Usage, and Purchase BehaviorNeo Souls' Demographic Profile, Smartphone Usage, and Purchase Behavior
Neo Souls' Demographic Profile, Smartphone Usage, and Purchase Behavior
 
Bbc global audience segmentation
Bbc global audience segmentationBbc global audience segmentation
Bbc global audience segmentation
 
How Millennials Shop for Luxury and Watches
How Millennials Shop for Luxury and WatchesHow Millennials Shop for Luxury and Watches
How Millennials Shop for Luxury and Watches
 
Mail Media Pack
Mail Media PackMail Media Pack
Mail Media Pack
 
Mail Media Pack
Mail Media PackMail Media Pack
Mail Media Pack
 
Daily Mail Audience Pack
Daily Mail Audience PackDaily Mail Audience Pack
Daily Mail Audience Pack
 
Engage Shoppers by understanding them, an Eyeota & Skimlinks collaboration
Engage Shoppers by understanding them, an Eyeota & Skimlinks collaborationEngage Shoppers by understanding them, an Eyeota & Skimlinks collaboration
Engage Shoppers by understanding them, an Eyeota & Skimlinks collaboration
 
Neo Soul consumers: A Demographic Profile of African American Millennials
Neo Soul consumers: A Demographic Profile of African American MillennialsNeo Soul consumers: A Demographic Profile of African American Millennials
Neo Soul consumers: A Demographic Profile of African American Millennials
 
china luxury industry.pdf
china luxury industry.pdfchina luxury industry.pdf
china luxury industry.pdf
 

Recently uploaded

How videos can elevate your Google rankings and improve your EEAT - Benjamin ...
How videos can elevate your Google rankings and improve your EEAT - Benjamin ...How videos can elevate your Google rankings and improve your EEAT - Benjamin ...
How videos can elevate your Google rankings and improve your EEAT - Benjamin ...Benjamin Szturmaj
 
Forecast of Content Marketing through AI
Forecast of Content Marketing through AIForecast of Content Marketing through AI
Forecast of Content Marketing through AIRinky
 
TOP DUBAI AGENCY OFFERS EXPERT DIGITAL MARKETING SERVICES.pdf
TOP DUBAI AGENCY OFFERS EXPERT DIGITAL MARKETING SERVICES.pdfTOP DUBAI AGENCY OFFERS EXPERT DIGITAL MARKETING SERVICES.pdf
TOP DUBAI AGENCY OFFERS EXPERT DIGITAL MARKETING SERVICES.pdfasiyahanif9977
 
Russian Call Girls Nagpur Swara 8617697112 Independent Escort Service Nagpur
Russian Call Girls Nagpur Swara 8617697112 Independent Escort Service NagpurRussian Call Girls Nagpur Swara 8617697112 Independent Escort Service Nagpur
Russian Call Girls Nagpur Swara 8617697112 Independent Escort Service NagpurCall girls in Ahmedabad High profile
 
Google 3rd-Party Cookie Deprecation [Update] + 5 Best Strategies
Google 3rd-Party Cookie Deprecation [Update] + 5 Best StrategiesGoogle 3rd-Party Cookie Deprecation [Update] + 5 Best Strategies
Google 3rd-Party Cookie Deprecation [Update] + 5 Best StrategiesSearch Engine Journal
 
Uncover Insightful User Journey Secrets Using GA4 Reports
Uncover Insightful User Journey Secrets Using GA4 ReportsUncover Insightful User Journey Secrets Using GA4 Reports
Uncover Insightful User Journey Secrets Using GA4 ReportsVWO
 
Social Samosa Guidebook for SAMMIES 2024.pdf
Social Samosa Guidebook for SAMMIES 2024.pdfSocial Samosa Guidebook for SAMMIES 2024.pdf
Social Samosa Guidebook for SAMMIES 2024.pdfSocial Samosa
 
Call Us ➥9654467111▻Call Girls In Delhi NCR
Call Us ➥9654467111▻Call Girls In Delhi NCRCall Us ➥9654467111▻Call Girls In Delhi NCR
Call Us ➥9654467111▻Call Girls In Delhi NCRSapana Sha
 
CALL ON ➥8923113531 🔝Call Girls Hazratganj Lucknow best sexual service Online
CALL ON ➥8923113531 🔝Call Girls Hazratganj Lucknow best sexual service OnlineCALL ON ➥8923113531 🔝Call Girls Hazratganj Lucknow best sexual service Online
CALL ON ➥8923113531 🔝Call Girls Hazratganj Lucknow best sexual service Onlineanilsa9823
 
pptx.marketing strategy of tanishq. pptx
pptx.marketing strategy of tanishq. pptxpptx.marketing strategy of tanishq. pptx
pptx.marketing strategy of tanishq. pptxarsathsahil
 
marketing strategy of tanishq word PPROJECT.pdf
marketing strategy of tanishq word PPROJECT.pdfmarketing strategy of tanishq word PPROJECT.pdf
marketing strategy of tanishq word PPROJECT.pdfarsathsahil
 
BDSM⚡Call Girls in Sector 150 Noida Escorts >༒8448380779 Escort Service
BDSM⚡Call Girls in Sector 150 Noida Escorts >༒8448380779 Escort ServiceBDSM⚡Call Girls in Sector 150 Noida Escorts >༒8448380779 Escort Service
BDSM⚡Call Girls in Sector 150 Noida Escorts >༒8448380779 Escort ServiceDelhi Call girls
 
BLOOM_April2024. Balmer Lawrie Online Monthly Bulletin
BLOOM_April2024. Balmer Lawrie Online Monthly BulletinBLOOM_April2024. Balmer Lawrie Online Monthly Bulletin
BLOOM_April2024. Balmer Lawrie Online Monthly BulletinBalmerLawrie
 
Mastering SEO in the Evolving AI-driven World
Mastering SEO in the Evolving AI-driven WorldMastering SEO in the Evolving AI-driven World
Mastering SEO in the Evolving AI-driven WorldScalenut
 
Brand experience Peoria City Soccer Presentation.pdf
Brand experience Peoria City Soccer Presentation.pdfBrand experience Peoria City Soccer Presentation.pdf
Brand experience Peoria City Soccer Presentation.pdftbatkhuu1
 
Aryabhata I, II of mathematics of both.pptx
Aryabhata I, II of mathematics of both.pptxAryabhata I, II of mathematics of both.pptx
Aryabhata I, II of mathematics of both.pptxtegevi9289
 
Beyond Resumes_ How Volunteering Shapes Career Trajectories by Kent Kubie
Beyond Resumes_ How Volunteering Shapes Career Trajectories by Kent KubieBeyond Resumes_ How Volunteering Shapes Career Trajectories by Kent Kubie
Beyond Resumes_ How Volunteering Shapes Career Trajectories by Kent KubieKent Kubie
 

Recently uploaded (20)

Turn Digital Reputation Threats into Offense Tactics - Daniel Lemin
Turn Digital Reputation Threats into Offense Tactics - Daniel LeminTurn Digital Reputation Threats into Offense Tactics - Daniel Lemin
Turn Digital Reputation Threats into Offense Tactics - Daniel Lemin
 
How videos can elevate your Google rankings and improve your EEAT - Benjamin ...
How videos can elevate your Google rankings and improve your EEAT - Benjamin ...How videos can elevate your Google rankings and improve your EEAT - Benjamin ...
How videos can elevate your Google rankings and improve your EEAT - Benjamin ...
 
Forecast of Content Marketing through AI
Forecast of Content Marketing through AIForecast of Content Marketing through AI
Forecast of Content Marketing through AI
 
TOP DUBAI AGENCY OFFERS EXPERT DIGITAL MARKETING SERVICES.pdf
TOP DUBAI AGENCY OFFERS EXPERT DIGITAL MARKETING SERVICES.pdfTOP DUBAI AGENCY OFFERS EXPERT DIGITAL MARKETING SERVICES.pdf
TOP DUBAI AGENCY OFFERS EXPERT DIGITAL MARKETING SERVICES.pdf
 
Russian Call Girls Nagpur Swara 8617697112 Independent Escort Service Nagpur
Russian Call Girls Nagpur Swara 8617697112 Independent Escort Service NagpurRussian Call Girls Nagpur Swara 8617697112 Independent Escort Service Nagpur
Russian Call Girls Nagpur Swara 8617697112 Independent Escort Service Nagpur
 
The Future of Brands on LinkedIn - Alison Kaltman
The Future of Brands on LinkedIn - Alison KaltmanThe Future of Brands on LinkedIn - Alison Kaltman
The Future of Brands on LinkedIn - Alison Kaltman
 
Google 3rd-Party Cookie Deprecation [Update] + 5 Best Strategies
Google 3rd-Party Cookie Deprecation [Update] + 5 Best StrategiesGoogle 3rd-Party Cookie Deprecation [Update] + 5 Best Strategies
Google 3rd-Party Cookie Deprecation [Update] + 5 Best Strategies
 
Uncover Insightful User Journey Secrets Using GA4 Reports
Uncover Insightful User Journey Secrets Using GA4 ReportsUncover Insightful User Journey Secrets Using GA4 Reports
Uncover Insightful User Journey Secrets Using GA4 Reports
 
Social Samosa Guidebook for SAMMIES 2024.pdf
Social Samosa Guidebook for SAMMIES 2024.pdfSocial Samosa Guidebook for SAMMIES 2024.pdf
Social Samosa Guidebook for SAMMIES 2024.pdf
 
Call Us ➥9654467111▻Call Girls In Delhi NCR
Call Us ➥9654467111▻Call Girls In Delhi NCRCall Us ➥9654467111▻Call Girls In Delhi NCR
Call Us ➥9654467111▻Call Girls In Delhi NCR
 
CALL ON ➥8923113531 🔝Call Girls Hazratganj Lucknow best sexual service Online
CALL ON ➥8923113531 🔝Call Girls Hazratganj Lucknow best sexual service OnlineCALL ON ➥8923113531 🔝Call Girls Hazratganj Lucknow best sexual service Online
CALL ON ➥8923113531 🔝Call Girls Hazratganj Lucknow best sexual service Online
 
pptx.marketing strategy of tanishq. pptx
pptx.marketing strategy of tanishq. pptxpptx.marketing strategy of tanishq. pptx
pptx.marketing strategy of tanishq. pptx
 
marketing strategy of tanishq word PPROJECT.pdf
marketing strategy of tanishq word PPROJECT.pdfmarketing strategy of tanishq word PPROJECT.pdf
marketing strategy of tanishq word PPROJECT.pdf
 
BDSM⚡Call Girls in Sector 150 Noida Escorts >༒8448380779 Escort Service
BDSM⚡Call Girls in Sector 150 Noida Escorts >༒8448380779 Escort ServiceBDSM⚡Call Girls in Sector 150 Noida Escorts >༒8448380779 Escort Service
BDSM⚡Call Girls in Sector 150 Noida Escorts >༒8448380779 Escort Service
 
Brand Strategy Master Class - Juntae DeLane
Brand Strategy Master Class - Juntae DeLaneBrand Strategy Master Class - Juntae DeLane
Brand Strategy Master Class - Juntae DeLane
 
BLOOM_April2024. Balmer Lawrie Online Monthly Bulletin
BLOOM_April2024. Balmer Lawrie Online Monthly BulletinBLOOM_April2024. Balmer Lawrie Online Monthly Bulletin
BLOOM_April2024. Balmer Lawrie Online Monthly Bulletin
 
Mastering SEO in the Evolving AI-driven World
Mastering SEO in the Evolving AI-driven WorldMastering SEO in the Evolving AI-driven World
Mastering SEO in the Evolving AI-driven World
 
Brand experience Peoria City Soccer Presentation.pdf
Brand experience Peoria City Soccer Presentation.pdfBrand experience Peoria City Soccer Presentation.pdf
Brand experience Peoria City Soccer Presentation.pdf
 
Aryabhata I, II of mathematics of both.pptx
Aryabhata I, II of mathematics of both.pptxAryabhata I, II of mathematics of both.pptx
Aryabhata I, II of mathematics of both.pptx
 
Beyond Resumes_ How Volunteering Shapes Career Trajectories by Kent Kubie
Beyond Resumes_ How Volunteering Shapes Career Trajectories by Kent KubieBeyond Resumes_ How Volunteering Shapes Career Trajectories by Kent Kubie
Beyond Resumes_ How Volunteering Shapes Career Trajectories by Kent Kubie
 

Luxury insights 2015 .pdf

  • 1.
  • 2. Adults - 46 millions of the 239 millions adults in the US Household Income under $75,000 - 20 millions (mass-market adults) Household Income $75,000 to $249,999 – 26 millions (affluent consumers) Household Income $250,000 or more - 4 millions 0 5 10 15 20 25 30 35 40 45 50 Adults Household Income under $75,000 Household Income $75,000 to $249,000 Household Income $250,000 or more Who Are The Luxury Purchasers in the U.S. millions
  • 3. 46 millions US consumers who bought one or more luxury products or services during the past 12 months 23 millions purchased fine or premium alcoholic beverages 20 millions purchased premium beauty products 13 millions for luxury travel 11 millions purchased fine watch/jewelry 11 millions purchased premium home-related items 11 millions purchased designer clothes/accessories 7 millions purchased luxury vehicles 0 10 20 30 40 50 US consumers who bought one or more luxury products or services during the past 12 months Fine or premium alcoholic beverages Premium beauty products Luxury travel Fine watch/jewerly Premium home-related items Designer clothes/accessories Luxury vehicles Millions
  • 4. 17.6% 17.1% 16.1%9.4% 8.8% 8.7% 6.1% 4.9% 2.9% 2.7% 2.4% 3.3% Top US Luxury Car in 2014 by Market Share BMW (BMW) Mercedes-Benz (Daimler) Lexus (Toyota) Audi (VW) Cadilac (GM) Acura (Honda) Infiniti (Nissan) Lincoln (Ford) Volvo (Volvo) Land Rover (Tata) Porsche (VW) Other
  • 5. Increasingly dominant economic force of luxury brands Will control 75% of discretionary spending around the world by 2028 Global income to reach $18 trillion by 2018 Average contribution to household income is reaching 50% in 2014. Most importantly, more women hit the affluent, high-net-worth and ultra-high-net-worth. New voices, products and approaches to speak to a growing category of sophisticated, affluent women. Gucci has already launched the Chime for Change - a female empowerment platform Hermès recently hosted a fashion show dedicated to the power of women Tory Burch has established a platform for female entrepreneurs
  • 6. 56% of surveyed HNWIs (HNWI – high-net-worth individuals) listing luxury travel as their preferred form of leisure activity 53% of respondents listed online social media such as micro-messaging and micro-blogging is the most popular source of luxury travel information. 44% listed TV as source of luxury travel information 43% listed newspapers as source of luxury travel information 35% listed Word of Mouth as source of luxury travel information 33% Magazines listed as source of luxury travel information The Most Popular Source Of Luxury Travel Information in China 53% Social Media 44% TV 43% Newspapers 35% Word of Mouth 33% Magazine