Global Powers of Luxury Goods 2018

The report

The luxury market bounced back from economic uncertainty and geopolitical crisis in 2017, and the outlook for 2018 seems to be positive. The report discusses the key trending issues in the luxury goods market and the economic outlook for the industry.

The report identifies the 100 largest luxury goods companies around the world based on publicly available data for FY2016 (which we define as financial years ending within the 12 months to June 2017), and evaluates their performance across geographies and product sectors.

Viewpoints / key findings

• The world’s 100 largest luxury goods companies generated sales of US$217 billion in FY2016 and the average luxury goods annual sales for Top 100 companies is now US$2.2 billion.
• Italy is once again the leading luxury goods country in terms of number of companies, while France has the highest share of sales.
• China, France, Germany, Italy, Spain, Switzerland, the UK and the US together made up 83 percent of the Top 100 luxury goods companies and 90 percent of Top 100 luxury goods sales. Spain and France reported the highest growth rates of luxury goods sales.
• Nearly one-third of the Top 100 companies achieved a higher rate of sales growth in FY2016 than in FY2015.
• Cosmetics and fragrances was the top-performing sector in FY2016, and the only sector with improving composite luxury goods sales growth, at 7.6 percent.
• The average luxury goods sales for the eleven companies in the multiple luxury goods sector was US$6.3 billion and together they accounted for 32.2 percent of the Top 100 luxury goods sales.