Luxury Retailing in Australia - Market Research Report

Luxury Retailing industry trends (2014-2019)

poll Average industry growth 2014–2019: 2.9%

The Luxury Retailing industry has strongly grown over the past five years. Australian luxury retailers have been relatively insulated from the financial instability that has affected most of the global retail sector. Growing inbound tourism has boosted demand for Australian luxury retailers over the period. Market polarisation has further fuelled demand for luxury products. These trends have encouraged several global luxury powerhouses to enter the industry or expand over the past five years. Industry revenue is expected to grow at an annualised 8.3% over the five years through 2019-20, to reach $2.5 billion. This includes expected revenue growth of 5.7% in the current year. Rising tourist spending, particularly from tourists coming to Australia fro...
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Luxury Retailing industry outlook (2019-2024)

poll Average industry growth 2019-2024: x.xlockPurchase this report or a membership to unlock the average company profit margin for this industry.

The Luxury Retailing industry is anticipated to continue growing rapidly over the next five years. Newer luxury labels are likely to drive this growth, particularly emerging and experimental labels. Inbound tourist numbers are forecast to continue rising over the period as Asia's middle-class expands. Industry revenue is projected to grow at an annualised X.X% over the five years through XXX-XX, to reach $X.X billion. Industry participation is also anticipated to grow as international luxury retailers continue to open stores in Australia. However, competition is set to intensify due to the increasing number of boutique stores and foreign online retailers. Changing luxury scene Over the next five years, the market for luxury products is likely to be...
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Luxury Retailing industry statistics

  • attach_money Market Size: $2bn
  • business Number of Businesses: 380
  • poll Average Industry Profit Margin: x.x%
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  • supervisor_account Industry Employment: 3,588

Biggest companies in the Luxury Retailing industry

The companies holding the largest market share in the Luxury Retailing in Australia industry include Louis Vuitton Australia Pty Ltd, Gucci Australia Pty Ltd, Tiffany & Co (Australia) Pty Ltd, Richemont Australia Pty Limited, Hermes Australia Pty Limited and Chanel (Australia) Pty Ltd.

  • pie_chart Louis Vuitton Australia Pty Ltd Market Share: x.x%
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  • pie_chart Gucci Australia Pty Ltd Market Share: x.x%
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  • pie_chart Tiffany & Co (Australia) Pty Ltd Market Share: x.x%
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  • pie_chart Richemont Australia Pty Limited Market Share: x.x%
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  • pie_chart Hermes Australia Pty Limited Market Share: x.x%
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  • pie_chart Chanel (Australia) Pty Ltd Market Share: x.x%
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What is Luxury Retailing industry?

Industry Definition

Industry operators primarily appraise, purchase, sell (by auction or private treaty), manage or rent residential property, commercial property, or a combination of the two.

Industry Products and Services

  • Property sales
  • Property management
  • Property leasing
  • Other services
  • All Others

Industry Activities

  • Conveyancing (other than by qualified legal practitioners)
  • Real estate agency, auctioning, body corporate management and brokering
  • Real estate management
  • Real estate title transfers (other than by qualified legal practitioners)
  • Timeshare apartment managing
  • Title searching
  • Appraisal of real estate

Market research report - table of contents

Industry Definition

The industry consists of bricks-and-mortar retailers who primarily sell luxury fashion items such as clothing, footwear and accessories. The industry excludes department stores that retail luxury products.

Main Activities

  • Luxury clothing retailing
  • Luxury footwear retailing
  • Luxury accessories retailing
  • Luxury jewellery retailing
  • Luxury watches retailing

Similar Industries

Additional Resources

Industry Statistics Snapshot

Industry Structure

Executive Summary

Key External Drivers

Trends in real household discretionary income affect demand for the industry's products. A rise in real household discretionary income gives consumers mor...
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Real household discretionary income
Consumer sentiment index
Demand from online shopping
International travel to Australia

Current Performance

Tourism
Participation and profit
 Chart: Revenue Growth

Industry Outlook

Tourism
Participation and profit
 Table: Luxury Retailing in Australia - Market Research Report Industry Revenue Outlook

Industry Life Cycle

Life Cycle Reasons
 Chart: Benchmarking - Luxury Retailing in Australia - Market Research Report Industry Lifecycle vs The Economy

Supply Chain

Key Buying Industries

Consumers in Australia






Key Selling Industries

Men's and Boys' Wear Manufacturing in Australia
Women's and Girls' Wear Manufacturing in Australia
Footwear Manufacturing in Australia
Jewellery Manufacturing in Australia
Clothing Wholesaling in Australia
Footwear Wholesaling in Australia
Jewellery and Watch Wholesaling in Australia

Products & Services

Luxury fashion retailers stock a range of designer clothing, footwear, jewellery, watches, bags, scarves and other accessories. Industry products are typi...
People aged 15 to 34
People aged 55 and over




Demand Determinants

Several factors, such as brand reputation and status, fashion trends, discretionary incomes and consumer sentiment, affect demand for the industry's produ...
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Major Markets

People aged 15 to 34
People aged 55 and over





 Chart: Major Market Segmentation for the Luxury Retailing in Australia - Market Research Report Industry

International Trade

Business Locations

Chart: Business Locations by State Chart: Business Locations by State

Market Share Concentration

The Luxury Retailing industry is characterised by low market share concentration, with the top four players accounting for less than 40% of revenue. Tradi...
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Key Success Factors

Cost Structure Benchmarks

Profit, Purchases, Wages, Other Costs
 Chart: Cost Structure Benchmarking – Sector vs Luxury Retailing in Australia - Market Research Report

Basis of Competition

Internal competition
External competition

Barriers to Entry

 Table: Barriers to Entry Checklist for the Luxury Retailing in Australia - Market Research Report Industry

Industry Globalization

Incorporated in 1981, Louis Vuitton Australia Pty Ltd is a wholly owned subsidiary of French company LVMH Moet Hennessy Louis Vuitton SE, which manufactur...
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Louis Vuitton Australia

 Table: Louis Vuitton Australia - financial performance

Gucci Australia

 Table: Gucci Australia - financial performance

Tiffany & Co

 Table: Tiffany & Co - financial performance

Richemont Australia

 Table: Richemont Australia - financial performance

Hermes Australia

 Table: Hermes Australia - financial performance

Chanel Australia

 Table: Chanel Australia - financial performance

Capital Intensity

The Luxury Retailing industry exhibits moderate capital intensity. IBISWorld estimates that for every dollar spent on capital in the current year, $3.55 w...
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 Chart: Level of Capital Intensity for the Luxury Retailing in Australia - Market Research Report Industry
 Chart: Tools of the Trade: Growth Strategies for Success

Technology & Systems

Revenue Volatility

Chart: Volatility vs Industry Growth Chart: Volatility vs Industry Growth

Regulation & Policy

Industry Assistance

Table: Industry data Table: Industry Data for the Luxury Retailing in Australia Industry

Industry Revenue (2007-2026)
Industry Gross Product (2007-2026)
Establishments (2007-2026)
Businesses (2007-2026)
Employment (2007-2026)
Exports (2007-2026)
Imports (2007-2026)
Wages (2007-2026)
Domestic Demand (2007-2026)

Table: Annual Percentage Change for Key Industry Data Table: Annual Percentage Change for Key Industry Data

Table: Key Ratios for Industry Key Dat Table: Key Ratios for Industry Key Data

Table: Industry Financial Ratios Table: Industry Financial Ratios

Liquidity Ratios
Coverage Ratios
Leverage Ratios
Operating Ratios
Cash Flow & Debt Service Ratios (% of Sales)
Assets, %
Liabilities, %

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Included in Report

  • Industry Financial Ratios
    Industry Financial Ratios
  • Revenue Forecasts
    Revenue Forecasts
  • Historical and Forecast Growth
    Historical and Forecast Growth
  • Industry Market Size
    Industry Market Size
  • Industry Major Players
    Industry Major Players
  • Profitability Analysis
    Profitability Analysis
  • SWOT Analysis
    SWOT Analysis
  • Industry Trends
    Industry Trends
  • Industry Operating Conditions
    Industry Operating Conditions
  • Porter's 5 Forces Analysis
    Porter's 5 Forces Analysis

Why buy this report on the Luxury Retailing industry?

IBISWorld industry market research reports enable you to:

  • Find out about key industry trends
  • Identify threats and opportunities
  • Inform your decisions for marketing, strategy and planning
  • Quickly build competitive intelligence

This report on Luxury Retailing in Australia:

  • Provides Market Size information to assist with planning and strategic decisions.
  • Includes the necessary information to perform SWOT, PEST and STEER analysis.
  • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
  • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.

The Luxury Retailing in Australia market research report includes:

  • Historical data and analysis for the key drivers of this industry
  • A five-year forecast of the market and noted trends
  • Detailed research and segmentation for the main products and markets
  • An assessment of the competitive landscape and market shares for major companies
  • And of course, much more

IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Luxury Retailing in Australia, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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