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India Luxury Retail Market Analysis

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Market

Retail

Report Type

Market Research

Country

Published

7 January 2013

Number of Pages

100

Report Delivery

Email

Delivery Lead Time

1-3 hours, 24 hour max

Publisher

Kuick Research

File Format

PDF

India luxury retail market aided by liberalization of the economy

Liberalization of the Indian economy resulted in high economic growth rates and widespread prosperity. It allowed people to broaden their horizons and altered mindsets. The industrial and IT revolution created an entirely new set of wealthy global Indians. The increasingly open economy created new business opportunities and promoted entrepreneurship that resulted in the emergence of exceedingly successful first generation businessmen. The self-made millionaires were increasing. The number of Indian rupee millionaires increased and later the list of dollar millionaires in India.

The preferences of the Indian consumers of luxury have evolved overtime. Earlier luxury was essentially intertwined with foreign trips and luxury goods were generally imported from Europe and USA. As luxury brands entered India and the number of new rich increased the need for displays of wealth and social status increased. Luxury became all about flaunting the hard earned wealth and people became extremely brand conscious. Include more about the recent change in mindset and limitations in the understanding of luxury.

Luxury retail has witnessed rapid growth in India. While most of the mature markets are undergoing slowdown in sales, India is being heralded as holding much future potential. Although, international brands face many challenges currently, most view their venture into India as a long term investment that will eventually yield massive returns. The Indian luxury market is expected to more than double its current size over the next five years. The growth of India as a luxury products market and its potential is obvious and there is a positive sentiment towards global brands.

Report Scope

This report outlines following aspects related to Luxury Market in India:

- Luxury Retail Market Overview
- Luxury Retail Market by Multiple Product Segments
- Profiling of High & Ultra Net Worth Individuals
- Factors Driving the Luxury Retail Market
- Key Challenges & Future Growth Opportunities
- Distribution Channel & FDI Policy

For more information about this report please view the Table of Contents.

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Select License Type

Electronic License

Electronic License

An electronic version (mostly PDF, but can be Excel or PPT), which is either available for immediate download or will be sent via email by the Publisher of the report. The licencing for an electronic version is for use by the purchaser ONLY.

Corporate License

Corporate License

An electronic version (mostly PDF, but can be Excel or PPT). Where the report(s) is/are intended for use by an organisation in its entirety. For example, if reports are put on an Intranet or if they are distributed or used by more than one office, division, or country operation, then a Corporate Licence is required.

Hard Copy License

Hard Copy License

As described. Hard copy reports are dispatched in the post/mail. However, the majority of our reports are in PDF and are either available for immediate download or they are sent by email within hours of purchase.

Disk License

Disk License

As described. The CD-Rom (where available) is dispatched in the post/mail. However, the majority of our reports are in PDF and are either available for immediate download or they are sent by email within hours of purchase.

£482.94

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