Japan took a seven percent share of the global personal luxury goods market in 2022, with estimates expecting a slight growth to eight percent in the following year. While Japan was the largest luxury goods market in Asia in the past, it was overtaken by China, which had grown to around double the size.
Share of Japan in the global personal luxury goods market from 2019 to 2022 with an estimate for 2023
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Bain & Company. (January 18, 2024). Share of Japan in the global personal luxury goods market from 2019 to 2022 with an estimate for 2023 [Graph]. In Statista. Retrieved December 14, 2024, from https://www.statista.com/statistics/1466940/japan-share-global-luxury-goods-market/
Bain & Company. "Share of Japan in the global personal luxury goods market from 2019 to 2022 with an estimate for 2023." Chart. January 18, 2024. Statista. Accessed December 14, 2024. https://www.statista.com/statistics/1466940/japan-share-global-luxury-goods-market/
Bain & Company. (2024). Share of Japan in the global personal luxury goods market from 2019 to 2022 with an estimate for 2023. Statista. Statista Inc.. Accessed: December 14, 2024. https://www.statista.com/statistics/1466940/japan-share-global-luxury-goods-market/
Bain & Company. "Share of Japan in The Global Personal Luxury Goods Market from 2019 to 2022 with An Estimate for 2023." Statista, Statista Inc., 18 Jan 2024, https://www.statista.com/statistics/1466940/japan-share-global-luxury-goods-market/
Bain & Company, Share of Japan in the global personal luxury goods market from 2019 to 2022 with an estimate for 2023 Statista, https://www.statista.com/statistics/1466940/japan-share-global-luxury-goods-market/ (last visited December 14, 2024)
Share of Japan in the global personal luxury goods market from 2019 to 2022 with an estimate for 2023 [Graph], Bain & Company, January 18, 2024. [Online]. Available: https://www.statista.com/statistics/1466940/japan-share-global-luxury-goods-market/