Trade sources are sceptical about the ability of personal luxury to see strong growth, with sales expected to increase at only a low CAGR in retail current value terms over the forecast period. Even if the return of inbound tourists in Parisian department stores and prestigious specialised stores will drive growth, as well as a trickle- down effect after the Olympic Games over 2025-2026, many trends will dampen the potential of personal luxury.
Eco-responsibility and sustainable development will remain at the heart of the concerns of contemporary consumers, particularly Millennials. This awareness is encouraging designers of leather goods to innovate by integrating sustainable materials into their creations.
The reputation of prestigious shops and department stores in designer apparel and footwear (ready-to-wear), and the “Place Vendôme” brands in luxury jewellery and timepieces, will still pay off, and attract tourists from far-flung countries, especially with the anticipated more significant return of Chinese tourists than was seen in 2024. Nonetheless, sales via retail e-commerce are expected to continue to be more dynamic.
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Understand the latest market trends and future growth opportunities for the Personal Luxury industry in France with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Personal Luxury industry in France, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Personal Luxury
This is an aggregation of Designer Clothing and Footwear (Ready-to-Wear), Luxury Eyewear, Luxury Jewellery, Luxury Timepieces, Luxury Leather Goods, Luxury Writing Instruments and Stationery, Luxury Portable Consumer Electronics and Super Premium Beauty and Personal Care.
See All of Our DefinitionsThis report originates from Passport, our Personal Luxury research and analysis database.
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