Preview

Luxury Products for Kids Market: Global Industry Analysis and Opportunity Assessment 2014-2020

Satisfactory Essays
Open Document
Open Document
932 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Luxury Products for Kids Market: Global Industry Analysis and Opportunity Assessment 2014-2020
Global Luxury

Products for Kids
Market
Share, Global Trends,
Analysis, Research, Report,
Opportunities,
Segmentation and Forecast,
2014

Future Market Insights

www.futuremarketinsights.com

sales@futuremarketinsights.com

Report
Description
Report Description
Luxury goods comprises of products such as accessories, footwear, apparel, watches and others which are quite expensive and target those consumers who belongs to premium class. The market for luxury goods consist of three types of end consumers, which includes kids lying between the age of 0-12 years, teenagers belonging to the age group of 13 to 19 years and the rest lies in adult group.Whereaskidsare concerned they are the smallest consumer group. Although being a smaller consumer group, the luxury products market for kids is experiencing tremendous growth in recent years due to changing consumer lifestyle and availability of the product. It is expected that spend on luxury shopping by consumers will grow by 25% in 2015. Luxury products for kids market is associated with higher margin as compared to adult’s luxury products segment. It has been found that baby’sluxury product accounted for more than 7.2% market share of luxury market in 2014. Luxury product market highly depends upon thefactors such as attractivemarketing, promotion techniques and proper distribution channel.
Browse Full Report@ http://www.futuremarketinsights.com/reports/global-luxuryproducts-for-kids-market

Luxury products market for kids can be broadly segmented on the basis of product type, distribution channel and geographies. On the basis of product types it can be subsegmented into accessories, apparels and footwear.

Report
Description
Report Description
Among all these sub segments apparel market is expected to account for highest market share followed by footwear sub segment. The growth of apparel segment is fuelled by the frequently changing fashion and continuous need for new clothing for growing children. In 2014, U.S. and

You May Also Find These Documents Helpful

  • Good Essays

    Youth organizations, such as the Spies, teach children to turn in adults to the ThoughtPolice who commit crimes against the Party. Using children to watch their parents for thoughtcrimes is useful towards the Party because children generally go unnoticed and are around you all the time. Also, they live in the same house as you and can monitor you while sleep as well. By teaching the children at an early age to turn in thoughtcriminals helps the Party to keep everything under control. Winston's neighbor, Mrs. Parson's children are part of the Spies, "Another year, two years, and they would be watching her for symptoms of unorthodoxy. Nearly all children nowadays were…

    • 566 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    Children and young people come from a very wide range of different family environments, cultures and…

    • 247 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Business Ethics Ch. 10

    • 1198 Words
    • 5 Pages

    To protect them from adults who might take advantage of young people who do not fully understand their obligations.…

    • 1198 Words
    • 5 Pages
    Good Essays
  • Satisfactory Essays

    | |ensuring they are growing up in circumstances consistent with the provision of safe and effective |…

    • 440 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Cyp 3.1 Analysis

    • 3317 Words
    • 14 Pages

    There is a pressure on them towards the ages of 14-16, to grow up and they will be aware…

    • 3317 Words
    • 14 Pages
    Good Essays
  • Good Essays

    Cyp 3.3 4.2

    • 1843 Words
    • 8 Pages

    ensuring they are growing up in circumstances consistent with the provision of safe and effective…

    • 1843 Words
    • 8 Pages
    Good Essays
  • Good Essays

    year olds that think they are adults, and that they should be treated like adults. Their judgment on certain things might be affected because their brains are not fully developed. If they make a bad,…

    • 443 Words
    • 2 Pages
    Good Essays
  • Better Essays

    their age group tends to be more of a gray area instead of black and white. Some children are…

    • 1368 Words
    • 6 Pages
    Better Essays
  • Good Essays

    Consumers of luxury goods can be divided into three groups: “absolute consumers,” “trigger consumers” and “bandwagon consumers.” The first group is comprised of super-rich global leaders with worldwide influence, while the sec-…

    • 1779 Words
    • 8 Pages
    Good Essays
  • Good Essays

    This group of consumer has more and more money to spend, since they are exposed in a young age to high paid jobs and therefore the desire for luxury goods is very high. But not at any price, and not without being environmentally friendly and connected to a cause. Marketing to this group requires a product with good value, good design, luxury, appearance of some social responsibility and an well selected advertising campaign.…

    • 370 Words
    • 2 Pages
    Good Essays
  • Best Essays

    The Luxury goods industry is a very wide industry comprising of products from watches, jewellery, perfumes, expensive wines to yachts, expensive pens, and clothes. Goods for which demand increases more proportionally as compared to income, are known as ‘Luxury goods’, in contrast to a "necessity goods", for which demand increases less proportionally to income.…

    • 3011 Words
    • 13 Pages
    Best Essays
  • Powerful Essays

    China recently became the world’s second largest market for luxury goods with an annual increase of more than 30% in 2010, even surpassing Japan. Further estimates predict that China will become the largest upscale product and consumer goods market in the world. How does a country with an average GDP per capita of $3,800 USD, and classified behind 105 in the world ranking possess such a strong propensity for consuming luxury goods and products? Specifically, how does one make sense of Mainland Chinese luxury buyers and their respective consumer behavior? This article answers these strategic questions for foreign companies and marketers who are interested in the luxury industry in China, and for those who want to develop a greater understanding of one of the world’s largest market and its 1.3 billion consumers.…

    • 2391 Words
    • 7 Pages
    Powerful Essays
  • Good Essays

    Cyberbully

    • 776 Words
    • 4 Pages

    experienced, teens are able to say and do things under anonymity and with little to no adult awareness.…

    • 776 Words
    • 4 Pages
    Good Essays
  • Good Essays

    The luxury goods market in Singapore has displayed a strong growth trajectory over the past few years. Luxury goods have become an integral part of the lifestyles in Singapore as compared to countries such as India, China, Taiwan and others where the purchases of luxury goods are mostly driven by the idea of a public display of wealth and affluence. Although, the economy of Singapore has been significantly impacted by impact of euro crises, the domestic luxury goods market has however showcased a remarkable resilience with regard to these pressures. Singapore luxury goods market has registered a significant growth in revenues, reporting a healthy CAGR of 13.8% from 2007-2012.…

    • 783 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    Teens and Freedom

    • 319 Words
    • 2 Pages

    their age. You may ask , ��Why ?�� I am sorry to say that the kids have too much freedom, they…

    • 319 Words
    • 2 Pages
    Satisfactory Essays

Related Topics