Insight

Reference

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Supporting source

·Preview

Luxury beauty, fragrance share

~14%

As ofFY2024·Sources2·Supporting

Luxury beauty, fragrance benefits from travel-retail, duty-free channel scale via King Power, DFS Thailand and is a fast-growing mass-luxury segment.

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Figure in context

Luxury beauty, fragrance benefits from travel-retail, duty-free channel scale via King Power, DFS Thailand and is a fast-growing mass-luxury segment.

Luxury beauty, fragrance benefits from travel-retail, duty-free channel scale via King Power, DFS Thailand and is a fast-growing mass-luxury segment.

Time scope

FY2024

Source basis

Supporting source

Interpretation notes

What this tells you

Luxury beauty, fragrance benefits from travel-retail, duty-free channel scale via King Power, DFS Thailand and is a fast-growing mass-luxury segment.

What not to do with it

Use the linked report for interpretation and keep basis differences explicit.

Related figures

Adjacent numbers that add context without drowning the value.

FY2024
~THB 210B

Thailand luxury goods market size

Bain-Altagamma, Euromonitor, SCB EIC

FY2024
~32%

Leather, handbags share

Bain-Altagamma, Euromonitor

FY2024
~22%

Ready-to-wear, shoes share

Euromonitor Thailand

FY2024
~20%

Watches, jewellery share

Bain-Altagamma, King Power, DFS

Report context

Thailand Luxury & Premium Goods Market Intelligence

Thai luxury goods market ~THB 210B (~USD 6B) in 2024 per Bain-Altagamma, Euromonitor Thailand, SCB EIC luxury tourism triangulation. Bangkok anchors: Central Embassy, Central Chidlom (Central Retail SET: CRC), Siam Paragon Luxury, ICONSIAM (Siam Piwat), EmQuartier, EmSphere, Emporium (The Mall Group). Duty-free: King Power, DFS Thailand (downtown, airport). LVMH, Richemont, Kering, Prada, Hermès, Chanel, Hugo Boss, Tod's, Bottega Veneta, Louis Vuitton operate monobrand stores. Leather, handbags ~32%, ready-to-wear, shoes ~22%, watches, jewellery ~20%, luxury beauty, fragrance ~14%, wines, spirits, lifestyle ~12%. Chinese outbound shopping recovery, international arrivals, domestic Thai HNW demand drive growth; resale, digital, daigou are emerging channel shifts.

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Atlas actors in this figure's reports

Profiles covered in the report that cite this number.

Airports of Thailand

Thailand's gateway monopoly — every international visitor flies through an AOT airport.

Central Pattana

Thailand's largest commercial-real-estate developer; ~40 malls, mixed-use, Dusit Central Park JV; FY2024 revenue ~THB 48B; Central Group listed vehicle.

Central Retail Corporation

Omnichannel incumbent defending digital share against marketplace platforms.

Siam Pharmaceutical

Leading private Thai generics, OTC manufacturer since 1939; hospital, retail, wholesale channel depth.

Luxury beauty, fragrance share · Insight