Over the forecast period, personal luxury in Italy is expected to record low but positive value growth (at constant 2024 prices). In particular, there will be rising efforts by players in terms of sustainability, as the latter is now a core component of personal luxury.
In Italy, personal luxury is expected to see an acceleration in terms of digital transformation over the forecast period. In particular, with the adoption of omnichannel strategies and the use of advanced technologies such as AI, personal luxury players in Italy are expected to further move towards a future in which digital is at the centre of the retailing experience.
Over the forecast period, the distribution of personal luxury in Italy will continue to be driven by specialist retailers and e-commerce, with the latter gaining further share in 2024. At the same time, there will be a growing trend among Italians to conduct online research before visiting a physical store to buy their personal luxury items.
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Understand the latest market trends and future growth opportunities for the Personal Luxury industry in Italy 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 Italy, 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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