Personal luxury in Japan is set to experience continued growth above the average for overall luxury goods in the forecast period, driven by a surge in inbound tourism. With Japan being a top destination for international travellers, the influx of tourists is expected to boost demand for personal luxury goods in the country.
Entry-level luxury plays a crucial role in capturing the interest of younger consumers in Japan, providing them with an accessible gateway to the world of luxury brands. By offering more affordable options, these brands enable younger demographics to engage with luxury without the burden of a significant initial investment.
Japanese craftsmanship in luxury goods has garnered international acclaim for its exceptional quality, attention to detail, and deep-rooted cultural significance. Renowned for blending traditional techniques with contemporary design, artisans in Japan create exquisite items that reflect a harmonious balance of aesthetics and functionality.
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Understand the latest market trends and future growth opportunities for the Personal Luxury industry in Japan 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 Japan, 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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