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Estimated Chinese luxury expenditure 2018-2025, by type
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Estimated Chinese luxury expenditure 2018-2025, by type
Estimated Chinese luxury spending in 2018 and 2025, by type (in billion U.S. dollars)
by Agne Blazyte,
last edited
Sep 23, 2019
In 2018, Chinese spent approximately six billion U.S. dollars on luxury goods in the duty free market in China. This number was estimated to quadruple by 2025, whereas the compound annual growth rate (CAGR) of luxury spending overseas was projected to be only around three percent.
Estimated Chinese luxury spending in 2018 and 2025, by type (in billion U.S. dollars)
| Overseas retail and duty free | China onshore retail | China duty free | |
|---|---|---|---|
| - | - | - | - |
| - | - | - | - |
| Overseas retail and duty free | China onshore retail | China duty free | |
|---|---|---|---|
| - | - | - | - |
| - | - | - | - |
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by Agne Blazyte,
last edited
Sep 23, 2019
In 2018, Chinese spent approximately six billion U.S. dollars on luxury goods in the duty free market in China. This number was estimated to quadruple by 2025, whereas the compound annual growth rate (CAGR) of luxury spending overseas was projected to be only around three percent.
- Show sources information
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- Release date
- July 2019
- Region
- China
- Survey time period
- 2018
Source
- Show sources information
- Show publisher information
- Release date
- July 2019
More information
- Region
- China
- Survey time period
- 2018
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