Asia Pacific Millionaires Luxury Brands Report 2019: Purchasing Behaviour, Motivations, Media Channels and Brand Preferences - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Nov 13, 2019--
The “Millionaires: Regional Luxury Report 2019” report has been added to ResearchAndMarkets.com’s offering.
We will be looking at purchasing behaviour, motivations, media channels and brand preferences of high-net-worth (HNWI) consumers when it comes to purchasing premium and luxury products and services.
The APAC region contributes over 6 million high net worth individuals, recording double digit growth in 2018. A powerhouse market like China continues to drive global wealth, with well over 1 million HNWIs to date. In our latest conversations with the affluent Asian consumers covering 6 key markets, we looked into their perceptions of wealth and luxury.
Asian millionaires define luxury as something synonymous to quality, both tangible (high-quality goods) and intangible (capacity to lead a quality lifestyle). We look at the top brands for each category market covered.
The 2019 Luxury Study covers premium brands across the following categories:
- 112 Fashion & Accessories brands
- 81 Watch brands
- 72 Jewelry brands
- 72 Hotel brands
- 17 Cruise brands
- 60 Skincare brands
- 48 Makeup brands
- 61 Alcohol brands
- Hong Kong
Key Topics Covered:
For more information about this report visit https://www.researchandmarkets.com/r/42x0iv
View source version on businesswire.com:https://www.businesswire.com/news/home/20191113005698/en/
Laura Wood, Senior Press Manager
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KEYWORD: ASIA PACIFIC
INDUSTRY KEYWORD: LUXURY RETAIL
SOURCE: Research and Markets
Copyright Business Wire 2019.
PUB: 11/13/2019 12:21 PM/DISC: 11/13/2019 12:21 PM