Bain Luxury Report 2024 Pdf ((top)) Info

The report highlights a divergence between the and the Aspirational Consumer .

The market lost roughly 50 million customers over the last two years, shrinking from 400 million to 350 million. bain luxury report 2024 pdf

The report concludes that while 2024 was challenging, long-term fundamentals remain solid, with the market expected to grow to €2 trillion–€2.5 trillion by 2030 The report highlights a divergence between the and

: The market saw a shrinking consumer base and increased reliance on Very Important Clients (VICs), who now drive 45% of purchases. long-term fundamentals remain solid