Kearney – Global Luxury Industry Outlook, 2026
The report provides an outlook and analysis of the global luxury industry for the year 2026.
It highlights a market normalization with modest growth expected between 2 to 4 percent globally. Spending is becoming more concentrated among ultra-high net worth and high net worth individuals, with aspirational consumers shifting their patterns. Jewelry and experiences are outperforming categories, while price increases may risk brand loyalty beyond top spenders. Technology, especially AI, is increasingly integral across forecasting, design, clienteling, and service. The industry is undergoing creative resets to reinvigorate brand narratives and moving towards a holistic model focused on product, experience, and ecosystem resonance rather than scale alone.
