Research
November 18, 2024
Current projections see total prestige expenditures either rising or falling by 1 percent by year’s end. Image credit: L’Oréal
By Zach James
Luxury market growth is flatlining, according to the latest findings from global consulting firm Bain & Company.
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0ngOyOqJe8P1vNBwdeF1HUkKCScOttm+73e31JZiMzzh1Z6+tT3R3xnpW5ji6sA5LAU2Zx\/jw6GCxFlkZUWIMJvW3j9mDzPTyZDWlIYF8nLgHmnQ\/bMAIbw4F7hP0aAPaTe+RqoAWvVE9eQKuN2BXu30dj6aub1PemFsgxz9ZN0i49pwFMs1XxbtiimK0RAJ9DExv0dSlI0vw4Q+HcYr57xMD5hIfKTRT4F5h96XSLRNpI9Yhzpdj6xBGSMjKUjToeEC\/GdcZmswcrPUOhQuOMQAaynDe6XyHbwYmeYDsu9zvRvUKnqD8V2RqmzMRjWV\/mFSWlCMV7\/t4jCqqW+2iiIdeB35JMcbr4yAbyaviS0Sns6OxiGMNGfNpeI9g+Dan03gWvEHX5+HPOF6WjAR1RBUhvGLxo6e2MW1J9WAtHTsyWApN3E0XPdW9J5w0QS\/UV1s5PzpKIFt\/YV8mIcXTypEZHJTo3X\/N4007bJ2N9GADq8yWQYwf\/ZwychwCT9fjm26y742NMJSpT2TQAKijyeuGbGRcGd4UZNgzG1dxbFXPWH+EUMdmKJ8Nd5GvZvUx1t2Z+yUG6cf0Wkd241Hl3xt02IvPvTMRLt9VD9VtCEmo83g\/aVqhEFc6C7311WCGVzpexuDGLCDGzGpQSo27bR\/q5+tg0SP8j1Mkm0rQeEYrq+2UbgI3ihXOaou9scKsK5SgHSxnRnjBx4v0HbaZOXIvOEMyCk4YhEGRliN2vN+HCB097LTB3gTr7qhT4BRfOzLB\/1VPiG9E2XaVx4d4YasuF5k63KUt7Q0\/8Y2g6KlUrIoj5P4FVHg5xMxlXoi0T9AIFDC5Rn\/LW3ZtXtqvr4jdZT0omcnszctUpRiXXzvpninVBX6nJgOySs3IEsY\/I+g0X03QHxhIm6ussYq8WJYual9tmz\/X+wVy4c+lotWB2HoPJaheBaINTL1JkdiOoHu4MTV0ToQTSzCxWmYGpJgzcwdbP69nup3vfgXAaMPlUxFiONCOT\/PBzEd3pJPVhaUckGAL7nBch+twkSVugKxUUtQ\/rmD9N2CUsRWxTTf8UQA4WJnk0M2mqm63I8XoZ3THLjZvNZx9d3HyGvnNzlMzxFyZhB9WBSyz25bQslEYbQfCyCrrOPg\/bbI9ch4JymufXmSokcjSoJWWRzuhnrSWwEllJz0cMfxpx4Cj74hMj7J+KR2bb75s8WzAyr6j7dNIf6vmgmc00VdWYcvicRePFsFfErBVv4BcAWp\/6MbLf9SXOGsQqG1kD1jOgi2IDNAeO\/7ADWhollDwi7MqGMDRV4jNEkHp1aICOBjYC59bcL8HCqSzU\/gTu71reow\/kNK2ZGs\/clG9BVtZ5PUiVjYzepLgcDaiT2CMhnwQwKwfN9X5VJUMizYIUyqZeQ2KWwwtxK6XkrM5P3HYMFLCfWHkmAh6Zs0qIDt1TkAmOVMwrOBL77PHdK+YVX8ZNf+RZSJvu75RJFC91hYYyt3z2Rtq8Kiucrnu+thxK2cZzeRdDPKjEdpX9BesmKbTgbB7JFNfv16sAtn7825NnhhpZ+5INNRZTeILam6+j4V3YpxHB7yxId5E8CNDUmdEuN28Gl5IWHsMf2wIIKp1SSpKzum9TsC6zVRJxoo5Tyd1Z6PDb4Yun3ToPhYvZooVELnzvCaz8zCSgWgSYcg2bgrQTXo4nLvhVIGuGQx9tkSoXAd7NeVgGLPYcy9+3FuDo8tFzXh63HUrq2KR6eScWoGo2+zUOXeUx8pcEpCUlPKYAaoraP7fgEcbYlqw09mO6YfRacZeWd6qHu7BCJvaFJhHexkWUiPK0CoELjQZnC2dqw+XwkLWEGA9NMc8YX15kKveweOJdGkCnWbsk5IIvv+Eku3AkyxXB2pifrjXUShw+lnQxhZrkX072qUKPsRHHVNuxkWc6aoaeahd+POSf9jpW4hTGh39rHbu02syAowDgZiu\/O0QZ3D2f9nyslnelUQ5RBTuRoOs28W56wAun6HI524MExpg+NnHsRE8E2RIJ5ihM7vzcnBbW5wEi8FrZCeIlKqYuGGUIwFUhfRTE2m06e8eCHK6Gdhclwm7XtzJolAkzYQ+gUQlS539SZPkp3ozQKoi+gQXUUxSlpnGhNU15xtao38jYb31I9EtRL+Ln8ZvE4TV62R+saQi6LX65UOdiirGEa7iiKabFMG0pTIvFSJdjO0pHpFnz4M7eqIClRAySyH2hr6TJDJ4S9Ui6LPZI0GnqiXXuUGY\/erkJ4C9A6UzsjKFHaqkOmMH2IIooziMGx\/B3gFlUnoYi3n28JvYwiFSricH\/75io5wu6tfqu5HJfCGS+FaIN6NvRqnf5JvkQac3yjwYBA7GenNTlewiA6izcS8ik5aXicPfgkINZabNmC1N2uIQEjcM3X3jieJXeKhGhIiL0BNlnZ77QZ5SGQRtc3xpLcy9lt3e201NfmUCR3MSI6VIcn5lo0j1WNMgV4hKuh9u7GxFYKdgpYN12DHlBSqLjn\/zJn0AK+zkWIXDNgDm9rUUoCtluCuNvQy0pP8YivlPLQBlIphoFg\/JocR9+HPf0y9ct7LAQQYNZ8b66biF6UIgUkaMl9doukZObR\/1DnjnyxHuQ9VGOP9\/7L7VOfH3VgEb2mhaHG8+qjhT3REjdXU4Kv+wrXCxXvDWA6zB5orlUWetM3UG39WiJ9X06I8AK\/6NHUNYEr0K0S7\/Ao2p3Xs5DIV3GKYah9bX5EN0\/mmq59YF913zFXWqIF8NL\/0G8DCaPVvY0oknruAKtOG9KMS572jif4IBO1QdbeD+ya14cf0lRpoWcovZGTtiWuN66eh3SuDp+FsyM1vV7G+01DoEK+glz5DUpg8ODqiKMuxlMSjZl8BJ3UpdDHqg+Z\/hakwG55tntA\/+REc70CBZG5wAGvKUQNFOzgBa0k6OBX5flIFO+AleRXBVBP0SSqMaBcexBILKtEuOmfp1Q0x5IUsVTSLyHo64u+C+4tV03yRo2vvAcOIQ8hX85hwFdUup8uJLLC1swQFuaT22Z92BHkfkZtDrlKrXqiDm6DH0ceDQsHSOybz3WEs3bJyJW\/5LQWMhh7mUMJWhhHEWR3Gtn4fHFSJiU5QF5J7o2vKY37oYzaZxcG0gIkcoNleX9\/Qv61kTAVqHEniOTzKwttfG5NoeJvlpith+DZ4p4mT2kSx5iwnw+Yqvd1ozpQsfdHR\/WpG0etHZIWMNw0BI0gxlX3Pv7mrRPC7qGZ\/hpo0fT\/2oYN\/iNdtE69mdMqqEP\/OCvxkjQPrcKvg0uide2jD9b1i0l7XtxdjoEYmRCS776NS7xj9bXQYZNcdGWOuptbVxfmQvWDYnwLLYMjPdDwEZ0EdlOplzam0bF1gaZI8spFIWlUa49quMkvBthPceLzUyEkH999IC7+Aipzo+QREx\/z63wHGKT+w1uaDwhoH+\/FxQ5FMlgmLUijG9e+1AKzunGzBR1+gy3mYb5NBAXNm43c\/+JOQmraoNC\/szaB6Yp94R2i\/OIdbTG\/tbu972VCB7sjk7giahQpsdLd6wD7xnwnmx3KZcSyxImuT+kXRvHEosh8o3\/PKw2kflt7jhzPyiHdRSC6tVxr5rOCf3XwAYKwsHuQA\/z4eFoZsTJHcp6yjiL2NoS+CcdiRWtQgBQ6veirgDH\/hBC6bPP0dE5RFwlh1pCSEnDcxgJ8\/RfouylAs5A++O4EIf8Cf17TQmTC\/qWBeeofITafrfV\/gcdgjVtQB3Y2XoAlT53bJVPes2mfSyzb4\/1sswKvolg+PcbmBqZzTyR5aPUxdfOWUmznbh18Pe+2p1eULbj2BLikcpzr45YRBnarPAgvzpBP5nDdIaaMq8Az1G4cHE1zTGB9Q7s1o5VJTpaKpC330mYokit8IUb7PE91ggHQODztl3gnDE0DPWlTeWVPeNLmXCZ3V3myg4RT4ySiSHwi9KuOjfiBTkUNF68Pgu0M6J0LRXNIoQtYjw6XBdbffwIzH5y2gjZy67JbFOtA5wQO1wa8nVkW2jpF79uyfvnK3O0lvzjEMOGxKSnZv0HpDC3OheaHyE87xRFXRakQCLo1WWki9GZkrej2czOkpzDaAZqXz7ly1mW6yThg0gp1MxSjQnYv7cw8hWZnr7ucuCcK4Za5esdu+X9DkOA9BYvDDa2RqkBpjb\/0Uxr22vNFNQLX\/wddeU61uzi+2FonMFOG0TVjugxtpQh1PndQez5BnFn2RCZkr3S1rukRgwRl1ZgvyDPU2EIQ2Yheo6JKERlGPsvKP6ftGIqPrAY0NqW+QLGr4wbg1M7Hs2Sw5ruTfQunp+bScDZp3OuLZfXNJt6lUemVwkdt2nEuNNq7e24h\/grX23tEK9a8al1QPMDP81nryzSQhIYBxJgTx0GLvlaILJas6pAX1JvXPpe9dbuVNkAAmSIp4H+ys9DpmohyuvxEsWWL3+pNs4eEZen\/+EtU7gzKvXxCRkpZckIe29bAsY4RRvYQdLMyRPw55BRR2Nk3\/9L+oHYTQYfKSWsdCDHNzboJgEh7ukHS0Ez5zfUx886kl0Az0L4T4B1YMW3n5J2RD6Hm6FscZK6M1K4GZ5md6CmhFUTyxc9tCuh0cyy7jDgUyliSH1xFEZWVmDINbN+rQ130FrzxG1MTE8RRzzJsujCFSp4PFXocSWBTK5guHQRZmcL0cVunVIBbB30eBh9809VmM2lzbu7ActigYOxm1uMVw7JVTd1AnaFBktRo+aEhTaEBMWT2sKdEQkNDHf+F4xhPNv87GpKzMprJSHSBxFjRFpeEhexDK2N6MlvGBDpDceQPKFpPzNtS6KgN5WEi61XHFsnjvQgkarxjuSaeQBKVRJ2UqfVXNYxEUaTG4h1jV583+D5tS1eQrmzxKirtrsmzhzxSny8SS4hCJi5ElrEghXh9AwX2anIfYT\/PfKiMZw9NrjjPguTTUAOC8Yteen+vx18uh6zFkidDkxUUDwhn75bMCnALeu+BtXH2k5xrVF3F6g2i+ORMLMG\/VHxqF4TtSYbkymNCALzGXKfcf3p5tUHEG1xR\/44ouP+KipzLfXm\/MT0SXI88CHJUOLSDwrNq9VCnb+ltWldBa22c8OUf4ZFDVVkB28d59pi43jpZziQqabEbtJSXE3Ri2N+u3uXJ5lW6TS18iUyNjCgAXLIU+8m87ibU9RHsYKBW93znFt8tyA9YRffaWMdjt3dLms9O3R+Hysp\/EK8divxViCaGdPghz1jcNbW6uUlaL2E7lBHI3D6VExIJlbHS1pnxqxxS420hJWahZS71UAmS1wsp6vscbVkI7LupCYAL8lyUrtLEjJpifad8X5s4lGKiX\/s7f4oDEtdLrN83eDqmyTjaITW1q7q3xIv8iXKtE83LkEroaJtJZHOa\/+25nHr5qFXtqF1bS4ZhGAYiKf0We4ZGIVuRqydcEaafxC+ZHiyOgqKw7pVga2q7i4BIImdosIUr1TSIRW7U8GssSyRfWN2vKJ2nX3\/RstGLhQtJVqrcHtrxlK8vJxDwh9mej7QfZ6ZC3ZmWk8wmhTc09CsaTOQpxm2U=","iv":"bdb8a070474afa83d75fd78adb1262ff","s":"4a3063f595aeba24"}
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