In 2020, the luxury sales revenue in China amounted to 346 billion yuan, increasing from 234 billion yuan in the previous year. The sales revenue was expected to reach 471 billion yuan by the end of 2021.
Domestic sales revenue of personal luxury goods in mainland China from 2015 to 2020 with an estimate for 2021
(in billion yuan)
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Bain & Company. (January 21, 2022). Domestic sales revenue of personal luxury goods in mainland China from 2015 to 2020 with an estimate for 2021 (in billion yuan) [Graph]. In Statista. Retrieved August 14, 2022, from https://www.statista.com/statistics/702753/personal-luxury-goods-revenue-in-china/
Bain & Company. "Domestic sales revenue of personal luxury goods in mainland China from 2015 to 2020 with an estimate for 2021 (in billion yuan)." Chart. January 21, 2022. Statista. Accessed August 14, 2022. https://www.statista.com/statistics/702753/personal-luxury-goods-revenue-in-china/
Bain & Company. (2022). Domestic sales revenue of personal luxury goods in mainland China from 2015 to 2020 with an estimate for 2021 (in billion yuan). Statista. Statista Inc.. Accessed: August 14, 2022. https://www.statista.com/statistics/702753/personal-luxury-goods-revenue-in-china/
Bain & Company. "Domestic Sales Revenue of Personal Luxury Goods in Mainland China from 2015 to 2020 with An Estimate for 2021 (in Billion Yuan)." Statista, Statista Inc., 21 Jan 2022, https://www.statista.com/statistics/702753/personal-luxury-goods-revenue-in-china/
Bain & Company, Domestic sales revenue of personal luxury goods in mainland China from 2015 to 2020 with an estimate for 2021 (in billion yuan) Statista, https://www.statista.com/statistics/702753/personal-luxury-goods-revenue-in-china/ (last visited August 14, 2022)