Aarkstore Enterprise - Global Luxury Goods Market Report 2012 Edition by winaarkstore


									           Global Luxury Goods Market Report: 2012 Edition
Aarkstore Enterprise (India), 20th June , 2013 : One of the never ending quests of
human beings includes ‘indulgence in luxury’. ‘Luxury’ is among those words whose
meaning varies from individual to individual. In economic terms, luxury goods are the ones
for which the law of demand is reverse i.e. the demand for such products increases with
price. This effect is also known as ‘Veblen effect’ or paradox.

Luxury is usually stratified in three layers viz. Accessible, Aspirational and Absolute. Also, a
few other factors which determine the degree of luxury are price, uniqueness, availability,
promotion, brand among others. Moreover, the luxury industry usually talks of products like
perfumes and cosmetics; hard luxury; cognac; handbags and cases; furniture; vehicles etc.
These products are sold through wholesale, retail or online channel.

The 2012 edition of the luxury goods market report covers the market size at the global
level along with the coverage of some major regional markets like the Americas, Europe,
China, and Japan. In addition the reports also provides sizing of various categories like
watches, cognac, and jewelry.

Furthermore, the market dynamics includes key trends and developments (evolution of
luxury goods market, industry integration, varying gender choices, and structural
difference), growth drivers (rising population of HNIs, correlation with global economic
growth, increasing internet penetration, sales across emerging markets) and challenges
which include rising tariffs on imports of luxury goods and counterfeiting risk.

By combining SPSS Inc.’s data integration and analysis capabilities with our relevant
findings, we have predicted the future growth of the industry. We employed various
significant variables that impact this industry and created regression models with SPSS Base
to determine the future direction of the industry. Before deploying the regression model, the
relationship between several independent or predictor variables and the dependent variable
was analyzed using standard SPSS output, including charts, tables and tests.

To read Full report please check the link: http://www.aarkstore.com/reports/Global-

Other Important Reports:

Global OCTG (Oil Country Tubular Goods) Market Report: 2012 Edition

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For More details please contact:

Aarkstore Enterprise

Email: contact@aarkstore.com | customersupport@aarkstore.com
24/7 Online Support: (+91) 8149852585

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