Share of Chinese luxury consumption abroad and in China 2015-2021

Published by
Xin Ou,
Mar 1, 2024
In 2020, Chinese luxury consumption in foreign countries accounted for around 25 to 30 percent of all Chinese luxury consumption, decreasing dramatically from 68 percent in the previous year. In 2021, the domestic retail channel was estimated to contribute to up to 98 percent of the total luxury sales.

Distribution of Chinese luxury consumption overseas and domestically from 2015 to 2020 with a forecast for 2021

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Release date

January 2022

Region

China

Survey time period

2015 to 2020

Supplementary notes

* The share for overseas purchases ranged between 25 to 30 percent, while mainland China purchased ranged between 70 and 75 percent. ** Forecast. The share for overseas purchases ranged between 2 to 6 percent, while mainland China purchased ranged between 94 and 98 percent.

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