The revenue in the luxury goods market in China was forecast to continuously increase between 2024 and 2028 by in total 9.3 billion U.S. dollars (+16.64 percent). After the eighth consecutive increasing year, the indicator is estimated to reach 65.4 billion U.S. dollars and therefore a new peak in 2028.
Revenue of the luxury goods market in China from 2018 to 2028 (in billion U.S. dollars)
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Other statistics that may interest you Luxury goods market in China
Overview
4
- Premium Statistic Value of the global personal luxury goods market 1996-2022
- Premium Statistic Value of the luxury goods market worldwide by product category in 2022
- Premium Statistic Luxury goods industry revenue worldwide 2024 & 2028, by country
- Premium Statistic Chinese consumer expenditure share in the global luxury market 2019-2022
Retail market
7
- Premium Statistic Luxury goods market revenue in China 2018-2028
- Premium Statistic Luxury goods market revenue in China 2018-2028, by segment
- Premium Statistic Luxury product penetration in China 2022, by product type
- Premium Statistic Leading shopping channels for purchasing luxury goods in China 2022
- Premium Statistic Online sales as share of the luxury market sales in China 2015-2021
- Premium Statistic Most used online shopping platforms for buying luxury goods in China 2023
- Premium Statistic Offshore duty-free sales value in Hainan, China 2013-2023
Brands
5
- Premium Statistic Luxury good brand market share in China 2022, by brand
- Premium Statistic Leading Chinese luxury goods companies 2021, by sales
- Premium Statistic Leading fashion luxury brands based on Media Impact Value in China Q4 2021
- Premium Statistic Most successful luxury brands on Douyin in China 2024
- Premium Statistic Leading luxury fashion brands on Weibo in China Q3 2022
Consumption and consumer perspective
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- Premium Statistic Share of luxury consumers in China 2022, by gender
- Premium Statistic Share of luxury consumers China 2023, by age group
- Premium Statistic Share of luxury consumers China 2023, by annual consumption
- Premium Statistic Average spending on luxury goods in China 2022, by consumption level
- Premium Statistic Major sources of information for consumers about luxury items China 2023
- Premium Statistic Opinions on buying pre-owned luxury goods among consumers in China 2022
- Premium Statistic Expected changes of luxury goods spending in the next year in China 2023
Further Content: You might find this interesting as well
Statista. (January 26, 2024). Revenue of the luxury goods market in China from 2018 to 2028 (in billion U.S. dollars) [Graph]. In Statista. Retrieved May 23, 2024, from https://www.statista.com/statistics/1301168/china-personal-luxury-goods-market-value/
Statista. "Revenue of the luxury goods market in China from 2018 to 2028 (in billion U.S. dollars)." Chart. January 26, 2024. Statista. Accessed May 23, 2024. https://www.statista.com/statistics/1301168/china-personal-luxury-goods-market-value/
Statista. (2024). Revenue of the luxury goods market in China from 2018 to 2028 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: May 23, 2024. https://www.statista.com/statistics/1301168/china-personal-luxury-goods-market-value/
Statista. "Revenue of The Luxury Goods Market in China from 2018 to 2028 (in Billion U.S. Dollars)." Statista, Statista Inc., 26 Jan 2024, https://www.statista.com/statistics/1301168/china-personal-luxury-goods-market-value/
Statista, Revenue of the luxury goods market in China from 2018 to 2028 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1301168/china-personal-luxury-goods-market-value/ (last visited May 23, 2024)
Revenue of the luxury goods market in China from 2018 to 2028 (in billion U.S. dollars) [Graph], Statista, January 26, 2024. [Online]. Available: https://www.statista.com/statistics/1301168/china-personal-luxury-goods-market-value/