Global Hard Luxury Goods Market is estimated to be US$ 647.45 billion by 2030 with a CAGR of 10.40% during the forecast period. Global Hard Luxury Goods Market accounted for US$ 112.43 billion in 2020 and is estimated to be US$ 647.45 billion by 2030 and is anticipated to register a CAGR of 10.40%. Durable products such as jewellery, furniture, electronics, appliances, tools, and so on are considered hard luxury goods. Hard luxury necessitates greater investment, and the cost of hard luxury is often substantially more than the cost of soft luxury. As a result, hard luxury sales, which include items such as jewellery and watches, have lagged behind soft luxury sales. Today, it appears that just around 5% of hard luxury transactions are made online, and most hard luxury vendors are sceptical that their luxury consumers will acquire hard luxury goods as easily as they do soft luxury. Link: https://www.prophecymarketinsights.com/market_insight/Global-Hard-Luxury-Goods-Market-2885