Estimated Chinese luxury expenditure 2018-2025, by type

Published by
Yihan Ma,
Jan 26, 2021
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)

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Release date

July 2019

Region

China

Survey time period

2018

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