The Luxury Goods Market consists of expensive goods which have a prestigious name, possess exclusivity  and are of very high quality. These are clothes, purses, watches and shoes, and other accessories that a person can have. Luxury products are produced to meet the demands of status-seeking individuals, whose major concerns are craftsmanship and brand heritage as well as emotional ap... https://www.metatechinsights.com/industry-insights/luxury-goods-market-1289