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2013-10-16 00:00:00
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Poland's luxury goods market is predicted to expand by 2.7 % year-on-year in 2013 and therefore be worth zł .3 .7 billion, in accordance with a recent report. In 2014, the market ought to grow by another 3 % .
Analysts pointed to increasing demand for luxury goods among Poles as well as demand from tourists, particularly those originating from Russia.
The most important sector in the luxury goods category is clothing, the sales of which are anticipated to approach zł .1 .7 billion in 2013. The sales of luxury alcoholic beverage product sales are worth zł 812 .3 million with cosmetics, jewelry and accessories estimated at zł .300 million.
The sales of jewelry, along with luxury cigars and suitcases are expanding the greatest. The revenue from luxury luggage pieces is predicted to grow by 9.5 % this year, whilst sales of jewelry will probably improve by 5 .9 % Luxury tobacco products sales are likely to rise by 5.8 % in comparison with a year ago which amount to zł .64 .6 million.
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