Bain Luxury Report 2024 Pdf !!hot!! Page

While China stumbled in 2024, Japan became the star performer.

Consumers are prioritizing luxury experiences —such as high-end hospitality (+4%), fine dining (+8%), and luxury cruises (+30%)—over tangible goods. bain luxury report 2024 pdf

The 2024 report highlights a major shift in what people are buying: While China stumbled in 2024, Japan became the

The report makes it clear that the "golden era" of easy growth is over. The 2024 report predicts a continued, though moderate, recovery. The 2024 report predicts a continued, though moderate,

Luxury in Transition: Securing Future Growth - Bain & Company

The Americas showed "green shoots with an upward quarterly trajectory" despite fluctuating consumer confidence. While the US market stabilized and improved as the year progressed, its neighbor Canada struggled, largely due to the absence of Chinese tourists. Emerging markets in Latin America, such as Mexico and Brazil, provided pockets of positivity.