Sales of personal luxury look set to increase at a CAGR of 4% in current value terms (3% constant value CAGR) during the forecast period to total TWD343.5 billion.
Luxury leather goods will continue to be the biggest subcategory, with sales of TWD93.8 billion in 2028, and rising at a CAGR of 4% in current value terms (2% 2023 constant value terms).
Luxury timepieces will be the most dynamic subcategory over 2023-2028, with sales increasing at a current value CAGR of 5% (4% 2023 constant value CAGR). Timepieces are usually purchased for their decorative and symbolic properties, or for investment, rather than for timekeeping.
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Understand the latest market trends and future growth opportunities for the Personal Luxury industry in Taiwan 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 Taiwan, 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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