Luxury Goods Series

Luxury in: India

02/2016

Contactlab and Exane BNP Paribas new research series, “Luxury in…”, explores global luxury markets beyond China. We carry out both physical and digital analysis to assess where these markets stand and the opportunities they can provide to luxury brands looking for the “next big wave”.

India has been an unfulfilled promise for many years, because its great size makes it in theory one of the best candidate for the “next big wave” of luxury development. In practice, lackluster economic development, high import duties, significant barriers to entry and a mobile cohort of super-rich Indians have made the Indian luxury market relatively irrelevant.

It is nevertheless important to keep India on the radar screen, because the Indian luxury goods market is expected to grow at > 10% CAGR in the next five years.


SHARE


CONTACTS

NEWSLETTER

Subscribe now to receive news and insights on customer engagement

© 2017 ContactLab S.p.A. – P.IVA e C.F. 09480090159 - All rights reserved
This website uses some cookies, also managed by third parties, and other technology such as fingerprinting,in order to collect statistical information and to target messages in line with the users’ online navigation preferences. To withhold consent to this cookies, click here.If you continue browsing by accessing any other section or selecting any item on this website (e.g. by clicking a picture or a link), you signify your consent to the use of cookies and other technology for profiling purposes.