France Luxury Goods Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The report covers French Luxury Brands and is segmented by Type (Clothing and Apparel, Footwear, Bags, Jewelry, Watches, and Other Accessories); and Distribution Channel (Single-brand Stores, Multi-brand Stores, Online Stores, and Other Distribution Channels).

France Luxury Goods Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

France Luxury Goods Industry Overview

The France luxury goods market is highly competitive with the presence of various domestic and international players competing for a major share in the market. To strengthen their market position, key market players are focusing on various strategies such as partnering with regional brands and launching innovative luxury products. For instance, In October 2021, the Lanvin brand declared the launch of a capsule collection in the menswear product category in France which includes, trendy clothing apparel such as baggy pants and flannel shirts, and denim jacket. Major players dominating the market include Chanel, LVMH, L'Oreal Luxe, Compagnie Financière Richemont S.A., and Kering, among others. Luxury brands compete on different factors, which include, packaging, eye-catching offers, premium quality, comfort, and a wide variety of product offerings to gain a competitive edge in the market.

France Luxury Goods Market Leaders

  1. Compagnie Financière Richemont S.A.

  2. Kering

  3. Chanel

  4. LVMH Moët Hennessy Louis Vuitton

  5. Hermès

  6. *Disclaimer: Major Players sorted in no particular order
France Luxury Goods Market Concentration