It is time for another look back 2022 topic. Luxury brands play a major role in global economy. The global luxury good market in the previous year was around $331.6 billion. It is predicted to have a 4.4% growth rate in the upcoming years and to have $354 billion by the end of the 2023. The luxury market hit a notable downfall in 2020 due to major market clash induced by COVID 19. But they have managed to recover within the last few years.
Let’s look at the top 10 luxury brands in the world.
50. Tissot
49. Fendi
48. The Ritz-Carlton
47. Aston Martin
46. Salvatore Ferragamo
45. Masereti
44. Tom Ford
43. Cle de Peau Beaute
42. Shiseido
41. McLaren
40. Dolce & Gabbana
39. Sulwhasoo
38. Rolls-Royce
37. Intercontinental
36. Valentino
35. Jaeger LeCoultre
34. Loewe
33. Van Cleef & Arpels
32. Bottega Veneta
31. Shangri-La
30. Lamborghini
29. Celine
28. Lao Feng Xiang
27. Givenchy
26. Armani
25. SK-II
24. TAG Heuer
23. Bently
22. Clarians
21. Bulgari
20. Prada
19. Yves Saint Laurent
18. Moncler
17. Omega
16. Ray-Ban
15. Lancôme
14. Burberry
13. COACH
12. Guerlain
11. Tiffany & Co.
Did you find any of your favorite brands within the above list? If you did not then Here are the top 10 luxury brands of 2022.
10. Estée Lauder
09. Ferrari
08. Rolex
07. Dior
06. Cartier
05. Hermès
04. Chanel
03. Gucci
02. Louis Vuitton
01. Porsche
Most of the above luxury brands are based in Italy. But France hold the crown in 2022 with the percentage of 39% of the earnings in the previous year. Italy comes in second place with the percentage of 21%.
What do you think about this list. Do you agree with how these values have turned out? It is not up to you satisfaction? Or luxury is not what you seek in a good product so this list does not mean anything to you? Let me know in the comments.
As always Thank you for reading ❤
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