Luxury Goods in China, MarketLine

Luxury Goods in China, MarketLine

  • December 2019 •
  • 46 pages •
  • Report ID: 5312598 •
  • Format: PDF
Luxury Goods in China

Luxury Goods in China industry profile provides top-line qualitative and quantitative summary information including: market size (value 2014-18, and forecast to 2023). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights
- The Luxury goods market presents the revenues at retail sales value from retailers specifically dealing with Luxury Jewellery & Watches, Bags & Accessories, Apparel & Footwear and Cosmetics & Fragrances.
- The Chinese luxury goods market had total revenues of $26.5bn in 2018, representing a compound annual growth rate (CAGR) of 11.8% between 2014 and 2018.
- The jewelry and watches segment was the market’s most lucrative in 2018, with total revenues of $9.7bn, equivalent to 36.6% of the market’s overall value.
- The Chinese economy has transformed significantly in the past decade, economic prosperity has vastly improved the standard of living in the country, which has led to rising incomes and a surge in consumption.

- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the luxury goods market in China
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the luxury goods market in China
- Leading company profiles reveal details of key luxury goods market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the China luxury goods market with five year forecasts

Reasons to Buy

- What was the size of the China luxury goods market by value in 2018?
- What will be the size of the China luxury goods market in 2023?
- What factors are affecting the strength of competition in the China luxury goods market?
- How has the market performed over the last five years?
- What are the main segments that make up China’s luxury goods market?

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