According to a survey about luxury consumption in China between April 2022 and April 2023, only 11 percent of Chinese respondents spent more than 300,000 yuan on luxury goods a year. In comparison, about 36 percent of Chinese luxury goods consumers spent less than 50,000 yuan on luxury goods a year.
Distribution of luxury consumers in China as of April 2023, by annual spending on luxury goods
Basic Account
Get to know the platform
You only have access to basic statistics.
This statistic is not included in your account.
Starter Account
The ideal entry-level account for individual users
- Instant access to 1m statistics
- Download in XLS, PDF & PNG format
- Detailed references
$199 USD / Month *
Professional Account
Full access
Business Solutions including all features.
* Prices do not include sales tax.
Other statistics that may interest you Luxury goods market in China
Overview
4
- Premium Statistic Value of the global personal luxury goods market 1996-2022
- Premium Statistic Value of the luxury goods market worldwide by product category in 2022
- Premium Statistic Luxury goods industry revenue worldwide 2024 & 2028, by country
- Premium Statistic Chinese consumer expenditure share in the global luxury market 2019-2022
Retail market
7
- Premium Statistic Luxury goods market revenue in China 2018-2028
- Premium Statistic Luxury goods market revenue in China 2018-2028, by segment
- Premium Statistic Luxury product penetration in China 2022, by product type
- Premium Statistic Leading shopping channels for purchasing luxury goods in China 2022
- Premium Statistic Online sales as share of the luxury market sales in China 2015-2021
- Premium Statistic Most used online shopping platforms for buying luxury goods in China 2023
- Premium Statistic Offshore duty-free sales value in Hainan, China 2012-2022
Brands
5
- Premium Statistic Luxury good brand market share in China 2022, by brand
- Premium Statistic Leading Chinese luxury goods companies 2021, by sales
- Premium Statistic Leading fashion luxury brands based on Media Impact Value in China Q4 2021
- Premium Statistic Most successful luxury brands on Douyin in China 2024
- Premium Statistic Leading luxury fashion brands on Weibo in China Q3 2022
Consumption and consumer perspective
7
- Premium Statistic Share of luxury consumers in China 2022, by gender
- Premium Statistic Share of luxury consumers China 2023, by age group
- Premium Statistic Share of luxury consumers China 2023, by annual consumption
- Premium Statistic Average spending on luxury goods in China 2022, by consumption level
- Premium Statistic Major sources of information for consumers about luxury items China 2023
- Premium Statistic Opinions on buying pre-owned luxury goods among consumers in China 2022
- Premium Statistic Expected changes of luxury goods spending in the next year in China 2023
Further Content: You might find this interesting as well
Sohu. (July 31, 2023). Distribution of luxury consumers in China as of April 2023, by annual spending on luxury goods [Graph]. In Statista. Retrieved April 18, 2024, from https://www.statista.com/statistics/1276309/china-share-of-online-luxury-consumers-by-buying-power/
Sohu. "Distribution of luxury consumers in China as of April 2023, by annual spending on luxury goods." Chart. July 31, 2023. Statista. Accessed April 18, 2024. https://www.statista.com/statistics/1276309/china-share-of-online-luxury-consumers-by-buying-power/
Sohu. (2023). Distribution of luxury consumers in China as of April 2023, by annual spending on luxury goods. Statista. Statista Inc.. Accessed: April 18, 2024. https://www.statista.com/statistics/1276309/china-share-of-online-luxury-consumers-by-buying-power/
Sohu. "Distribution of Luxury Consumers in China as of April 2023, by Annual Spending on Luxury Goods." Statista, Statista Inc., 31 Jul 2023, https://www.statista.com/statistics/1276309/china-share-of-online-luxury-consumers-by-buying-power/
Sohu, Distribution of luxury consumers in China as of April 2023, by annual spending on luxury goods Statista, https://www.statista.com/statistics/1276309/china-share-of-online-luxury-consumers-by-buying-power/ (last visited April 18, 2024)
Distribution of luxury consumers in China as of April 2023, by annual spending on luxury goods [Graph], Sohu, July 31, 2023. [Online]. Available: https://www.statista.com/statistics/1276309/china-share-of-online-luxury-consumers-by-buying-power/