The global luxury goods sector remains resilient, despite a tougher consumer market, with French luxury goods giant LVMH topping the list of the largest companies in the sector, according to a new report.

The world's 75 largest luxury goods companies generated sales of US$171.8bn in 2013, despite a slowdown in the global economy, the report revealed.

Issued by Deloitte Touche Tohmatsu Limited, 'Global Powers of Luxury Goods' reveals the Eurozone includes four of the top ten luxury markets in the world: Italy, France, Germany, and Spain. They are respectively, the 3rd, 4th, 7th and 9th largest luxury markets.

The report focuses on the high concentration of luxury goods companies headquartered in France, Italy, Spain, Switzerland, the UK and the US. Together, these six countries represented nearly 87% of the top 75, accounting for more than 90% of global luxury goods sales in 2012.

The performance of the sector, however, will depend on a number of factors, report authors noted.

"For the remainder of this year, we expect growth in developed economies to pick up speed while significant risks in emerging markets remain," said Ian Geddes, UK head of retail at Deloitte. "Overall performance of the luxury sector will depend not only on economic growth, but on factors such as volume of travel, protection of intellectual property, consumer propensity to save, and changing income distribution."