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Market size of luxury goods in China 2014-2018

Published by Yihan Ma, Dec 17, 2020
In 2018, market size of luxury goods in China amounted to 298 billion U.S. dollars. Overall domestic expenditure on luxury goods in China saw accelerated growth of 13 percent from 2016 to 2018, compared to seven percent growth between 2014 and 2016.

Market value of luxury goods in China from 2014 to 2018 (in billion U.S. dollars)

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Release date

April 2019

Region

China

Survey time period

2014 to 2018

Supplementary notes

Luxury goods include experimental luxury, fine wines, champagne and spirits, luxury cars, and personal luxury.

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