Dublin (PRWEB) November 7, 2005 -- Research and Markets http://www.researchandmarkets.com/reports/c26611) has announced the addition of Luxury Good Retailing in the United States to their offering Estimates for the size of the luxury goods retailing market vary, as the assortment of goods considered "luxury" is a relative concept. In its broadest definition, it is estimated that the luxury goods retailing market in the U.S. is $445 billion in 2005. As such, luxury goods—or high-end, premium priced products—is a segment that accounts for a growing share of consumer expenditure. A strengthening economy plus more disposable income has led this market to realize significant growth in recent years. However, this market is fueled by factors outside of economics, such as increased ability to custom manufacture products. Driven by affluent consumers, goods in the luxury market are both an everyday reality (consider the growing gourmet coffee business) and indulgences, ranging from chocolates to sports cars. What separates the two is not only consumer income levels but also personal interests and consumption priority. Luxury goods retailing is not limited to jewelry stores, but can, under the broad definition, include plasma screen televisions purchased through mass merchandisers. The luxury goods retailing environment represents a highly fragmented market offers appeal to consumer interests at all levels. For the purposes of this report, we explore two components of luxury goods retailing. The first is luxury items sold in all retail channels and those sold in exclusive (pure play) high-end retailers. Everyday luxury items are more mainstream in nature and are not limited to the context of high-end retail channels. As a 42" flat panel television can be purchased at a high-end electronics boutique or at a mass merchandiser, we analyze goods that carry a premium price in their respective categories, but are still accessible for mass market consumption. These retailers offer products at a range of price points, including both premium and non-premium. Pure play luxury retailers are also included in this report. These traditional purveyors of luxury items—such as boutiques, furriers, jewelers, and high-end department stores and other ultra-luxury retailers like Tiffany—are included in this definition. Retailers that tend to sell only premium priced products, including grocery stores such as Trader Joes, are also included. Luxury items such as automobiles and travel are included in market sizes, definitions and are discussed wherever relevant to the analysis. For more information visit http://www.researchandmarkets.com/reports/c26611 Laura Wood Senior Manager Research and Markets e-mail protected from spam bots Fax: +353 1 4100 980