Meaning & use
luxury goods
Last updated
Meanings
nounplural
Expensive products that are not necessary but are bought for pleasure or status.
Grammar: Plural; use 'a luxury good' for one item. Takes a plural verb: Luxury goods are expensive.
Patterns
- buy luxury goods
- sell luxury goods
- the luxury goods market
The store sells luxury goods such as designer handbags and watches.
Demand for luxury goods rose sharply last year.
Many tourists come here to buy luxury goods.
nounpluraltechnicalbusiness
In economics, goods for which demand increases more than proportionally as income rises.
Grammar: Plural; often used in economic analysis with 'normal goods' as a contrast.
Patterns
- luxury goods and services
- income elasticity of luxury goods
Economists classify yachts as luxury goods.
When incomes fall, spending on luxury goods often drops first.
Word forms
| singular | luxury good |
|---|
Common combinations
- luxury goods market
- The luxury goods market is booming in Asia.
- buy luxury goods
- They buy luxury goods as investments.
- sell luxury goods
- The boutique sells luxury goods to wealthy clients.
- demand for luxury goods
- Demand for luxury goods fell during the recession.
- luxury goods industry
- She works in the luxury goods industry.
Synonyms and how they differ
- premium products
- Similar but can include high-quality everyday items, not only status symbols.
- high-end goods
- Focuses on price and quality rather than the idea of luxury.
Opposites
Word family
Commonly confused: luxury goods or luxuriant?
luxury goods vs luxuriant
Luxuriant means growing thickly (hair, plants); luxury goods are expensive products.
Practice
Choose the correct sentence.
Choose one answer.
'Luxury goods' is plural, so it takes 'are'. Option 0 uses a singular verb. Option 2 adds 'a' incorrectly. Option 3 uses the singular noun with a plural verb.
Make it your own
Write a sentence using “luxury goods”, then check it and compare it with the examples above.