According to a survey among luxury consumers in China in April 2023, around 67 percent of respondents said they would purchase luxury apparel. Meanwhile, 55 percent of the respondents said they would buy luxury jewelry or watches.
Penetration of luxury goods in China as of April 2023, by product category
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Sohu. (November 2, 2023). Penetration of luxury goods in China as of April 2023, by product category [Graph]. In Statista. Retrieved January 17, 2025, from https://www.statista.com/statistics/1186430/china-luxury-goods-penetration-by-category/?__sso_cookie_checker=failed
Sohu. "Penetration of luxury goods in China as of April 2023, by product category." Chart. November 2, 2023. Statista. Accessed January 17, 2025. https://www.statista.com/statistics/1186430/china-luxury-goods-penetration-by-category/?__sso_cookie_checker=failed
Sohu. (2023). Penetration of luxury goods in China as of April 2023, by product category. Statista. Statista Inc.. Accessed: January 17, 2025. https://www.statista.com/statistics/1186430/china-luxury-goods-penetration-by-category/?__sso_cookie_checker=failed
Sohu. "Penetration of Luxury Goods in China as of April 2023, by Product Category." Statista, Statista Inc., 2 Nov 2023, https://www.statista.com/statistics/1186430/china-luxury-goods-penetration-by-category/?__sso_cookie_checker=failed
Sohu, Penetration of luxury goods in China as of April 2023, by product category Statista, https://www.statista.com/statistics/1186430/china-luxury-goods-penetration-by-category/?__sso_cookie_checker=failed (last visited January 17, 2025)
Penetration of luxury goods in China as of April 2023, by product category [Graph], Sohu, November 2, 2023. [Online]. Available: https://www.statista.com/statistics/1186430/china-luxury-goods-penetration-by-category/?__sso_cookie_checker=failed