Bain x Altagamma study: the luxury market will ultimately remain stable in 2025

While last June Bain and Altagamma expected the luxury market to decline in 2025, their annual study ultimately reveals its resilience and stability. Growth is now expected to continue until 2036, provided that players meet a number of challenges…

In the end, it was the most optimistic scenario that prevailed…

Last June, the latest report from Bain & Company and the Altagamma Foundation, the Italian association of luxury goods manufacturers, predicted that the global luxury market would likely decline by between 2% and 5% in 2025.

The optimistic scenario prevails…

The two partners had also considered two other, more extreme scenarios, which they considered less likely. The most pessimistic scenario predicted a prolonged slowdown in personal luxury goods, with a market contraction of 5% to 9%.

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Read also > Latest Bain x Altagamma report: global luxury set to decline in 2025

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