China’s luxury market remains the second largest in the world and it has been growing rapidly. Its rising ultra-rich and middle classes have substantial purchasing power and a growing appetite for high-end products. In 2023, the country was estimated to account for about about a fifth of th...
In 2021 China’s luxury market continued the double-digit growth trends of 2020, putting the country on pace to become the world’s largest luxury market by 2025
The size of the rich population in China is becoming larger than ever. At the same time, the luxury market of China is also showing great vitality. There is no doubt that China is already the luxury market with the most growth potential. With increasing numbers of high-end consumer goods ...
Trends China Luxury Briefing Monthly Roundup – April 2024 May 2, 2024 Analysis The Cookie Apocalypse: Reshaping Digital Advertising in a Privacy-First World April 2, 2024 Trends China Luxury Briefing Monthly Roundup – March 2024 March 28, 2024 Event Navigating the Future of Luxury Travel...
Premium Statistic Leading cities in average luxury consumption China 2023 Market segments 5 Premium Statistic CAGR of China's luxury goods market 2018-2023, by segment Premium Statistic Luxury product penetration China 2023, by product type Premium Statistic Market size of China's luxury jewelr...
From the "rainy days" to "bold and resolute" to "bold and resolute", "the path of Ming Ming and repairing", the smoke of luxury brands in China has become increasingly strong. An industry source said, at present, including India and other emerging luxury goods market is repeating the old...
China in 2022 H1 and prolonged COVID-19 restrictions in H2, and growth rate slowed down, but still has unleashing potential due to the higher internet penetration, social media exposure and increasing consumption power of young generations 2 Overall Luxury Market Outlook: There is still appetite ...
中国的奢侈品市场
The Hermes set up specifically for the Chinese high-end brands that luxury market in China can be described as the history is the first move. However, the introduction of the original brand-name products in China can have a lot of money on the sales performance of the luxury brands, why ...
The Chinese market has endowed the luxury industry with sustained prosperity. Over the past few years, the scale of China's luxury goods industry has been growing by more than 20%. Even during the financial crisis, demand in Europe, the United States, Japan and other developed countries and ...