Home / Business and Economy / India's Luxury Market Booms: Lladró Celebrates 25 Years, Lotus Arts de Vivre Expands
India's Luxury Market Booms: Lladró Celebrates 25 Years, Lotus Arts de Vivre Expands
23 Aug
Summary
- Lladró, a Spanish luxury brand, cites India as its 3rd largest market, contributing 13% to global business
- Lotus Arts de Vivre, a Thai luxury brand, expands presence in India with stores and exhibitions
- Indian luxury consumers range from young entrepreneurs to senior couples, seeking authentic, bespoke designs
As of August 2025, India's luxury market continues to boom, with Spanish luxury brand Lladró celebrating its 25th anniversary in the country. Lladró, known for its porcelain sculptures, now cites India as its third-largest market, contributing 13% to its global business.
Alongside Lladró's success, Thai luxury brand Lotus Arts de Vivre has also been expanding its footprint in India. The brand, which offers home goods ranging from ₹1.50 to 10 lakh, has been hosting trunk shows and participating in exhibitions in Mumbai and Delhi.
At the heart of this luxury market growth is a diverse and discerning consumer base. India's luxury consumers range from dynamic 25-year-old entrepreneurs to distinguished couples in their 70s and 80s. Many are legacy homeowners keen on reimagining their family properties, while a new segment of first-time luxury home buyers is also emerging.
Designers and brands, both Indian and international, are catering to these evolving preferences. Homegrown designers and brands, such as Ashiesh Shah, Rooshad Shroff, and Good Earth, have gained global recognition, while Indian fashion houses are also expanding into the luxury home segment. Consumers are pairing these local design stories with international luxury brands, seeking authenticity, craftsmanship, and a sense of personal identity in their homes.
