Despite prevailing economic uncertainty influencing the consumption of personal luxury, manufacturers and retailers are confident that the category will see positive development over the forecast period. A growing section of the population are becoming interested in luxury products, with this being linked not only to an aspirational desire to own designer brands but also a belief that these brands offer higher quality and more durable products.
Inflation had a big impact on unit prices in the final few years of the review period which led to increased price sensitivity. Dutch consumers are in general highly price sensitive consumers and are often willing to use different channels in order to find discounts and the best price deals.
Alongside the growing demand for luxury goods there has also been a growing preference for Dutch products. While local brands are traditionally valued for their quality and design, an increasing number of consumers are also favouring local brands due to their sustainability credentials.
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Understand the latest market trends and future growth opportunities for the Personal Luxury industry in Netherlands 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 Netherlands, 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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