Increased stability will boost consumer confidence, thus favouring consumption of items that require stronger investment.
The Luxury Market in Brazil: Market Opportunities and Potential by Claudio Diniz - whyeaspamisonis.tk
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Delivery: Files are delivered directly into your account within a few minutes of purchase. Discover the latest market trends and uncover sources of future market growth for the Luxury Goods industry in Brazil with research from Euromonitor's team of in-country analysts. Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.
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Want to find out more about this report? The new mall, which is set to open in , will offer 50 luxury stores in an open-air environment, thus offering the atmosphere of the streets, drastically enhancing the whole experience of shopping but all in the security of a shopping centre. Despite the economic headwinds the number of affluent households in Brazil is expected to grow with a notable rise their disposable incomes foreseen in the long run, owing to the slow but rising economic prospects. What the millennial wants, of course, varies from person to person, particularly by culture and income.
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However, a number of common wishes have been identified by Euromonitor International that many in this demographic prioritise. They also care passionately about authenticity, and it is important to them that luxury brands and companies are transparent about their ethical stances.
Brazilian millennials tend to be more ambitious, confident and happy than other Brazilians, and less traditionally minded. They are image conscious and pleasure seeking, affluent, ambitious and trendy.
All of these traits bode very well for the future outlook for luxury sales as well as the luxury wellness industry and experiential luxury. Published on March 22, under Brazil. Fflur Roberts manages the research programme for the global luxury goods industry at Euromonitor International, which she joined in June Fflur has written extensively in the field of business and luxury and in her time at Euromonitor has authored numerous global strategic reports and is often referenced in the international press on the luxury business and has addressed luxury leaders at many leading global luxury conferences around the world.
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Capturing the hearts of Brazil’s luxury consumers
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