Global wealth and luxury

Analysis and forecasts for global wealth and the luxury goods industry.
  • Luxury goods are set to return to pre-pandemic spending levels in 2022, although lost revenue may not be recouped until at least 2023.
  • Luxury spending has been repatriated to the US and China due to COVID-related travel restrictions, and these countries will remain the first- and second-most important wealth markets.
  • However, the fasted-growing wealthy populations are to be found in Turkey and Argentina, with Vietnam and India close behind.
  • Forecasts of real GDP growth from 2021 and 2030 will support the expansion of global wealthy and affluent populations, which are expected to rise by 67.5% over the decade.
  • COVID has...

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