WebApr 29, 2024 · Chinese consumers contributed almosttwo-thirds of global growth in luxury spending in 2024. Port Washington, NY, April 29, 2024 – Chinese luxury consumer … WebNov 24, 2024 · In 2024, the United States was the market leader in personal luxury goods with a revenue of about 65 billion U.S. dollars, followed by China. By 2025, the United States is expected to retain its ...
China’s luxury sales estimated to grow 48% in 2024, …
WebJan 13, 2024 · China's share of the world luxury goods market nearly doubled last year, growing from about 11 percent in 2024 to 20 percent in 2024, while the global luxury market declined at an expected rate of ... WebApr 9, 2024 · Luxury Accessories (China - September 2024 Report) Luxury Cars (China – June 2024 Report) Luxury Retailing (China – September 2016 Report) ... The report notes China’s luxury market reached $123 billion (110 billion euros) in 2024, growing by six percent from the prior year. It also predicts that the country will contribute 41 percent of ... hcl sector 126 nearest metro
Luxury goods market in China - statistics & facts Statista
WebFigure 1: Definitions of luxury, December 2024; Spending for mental comfort Figure 2: Motivation for purchasing luxury goods and services, December 2024; Limited editions with limited access Figure 3: Barriers to purchasing luxury products and services, December 2024; Rising opportunity in lower tier cities Figure 4: Source of information ... WebSep 15, 2024 · Meanwhile, China’s domestic luxury goods market grew 1.4% to reach $290 billion; and the country’s share of the global luxury market reached 32%—up 5% … WebDec 18, 2024 · The Chinese mainland's market share has nearly doubled from about 11 percent last year to 20 percent in 2024, the report titled China's Unstoppable 2024 … hcl sec 60