Luxury Products Group Reports 10% Growth Amid Market Consolidation and Disruption
- brg_news_room
- 4 days ago
- 1 min read
USA: Luxury Products Group (LPG), a leading buying group for independent luxury bath, kitchen, lighting, and hardware showrooms, has reported 10% year-over-year growth, outperforming the broader market during a year marked by significant consolidation and disruption within the buying group sector.
While many in the industry faced mergers, shifting alliances, and economic uncertainty, LPG maintained steady performance through strong member engagement, disciplined vendor partnerships, and a clear strategy focused on profitability and differentiation. Key drivers of growth included:
Continued strength in luxury and design-led categories
Emphasis on exclusive brands that protect margins and limit online price competition
Increased member participation in events, training, and best-practice sharing
A disciplined approach to vendor partnerships and program accountability
Despite pressures from e-commerce, pricing transparency, and consolidation, LPG members who actively engaged with the group realized significant benefits, particularly in margin protection and enhanced customer experience.
Source: Luxury Products group
