In 2022, the gross merchandise volume of China's lifestyle product retail market was around 4.04 trillion yuan. The market was estimated to grow at a CAGR of 8.1 percent from 2022 to 2027 to reach roughly 5.96 trillion yuan.
Gross merchandise volume (GMV) of China's lifestyle product retail market from 2018 to 2022, with forecasts from 2023 to 2027
(in billion yuan)
One yuan equals approximately 0.14 U.S. dollars and 0.13 euros (as of February 2024).
Lifestyle products generally refer to products designed to enhance an individual’s lifestyle or personal expression, mainly including personal care products, small electronics, digital accessories, bags and accessories, snacks, daily consumables, toys, stationery and ancillary textile products.
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HKExnews. (February 4, 2024). Gross merchandise volume (GMV) of China's lifestyle product retail market from 2018 to 2022, with forecasts from 2023 to 2027 (in billion yuan) [Graph]. In Statista. Retrieved January 08, 2025, from https://www.statista.com/statistics/1449045/china-lifestyle-product-retail-market-gmv/
HKExnews. "Gross merchandise volume (GMV) of China's lifestyle product retail market from 2018 to 2022, with forecasts from 2023 to 2027 (in billion yuan)." Chart. February 4, 2024. Statista. Accessed January 08, 2025. https://www.statista.com/statistics/1449045/china-lifestyle-product-retail-market-gmv/
HKExnews. (2024). Gross merchandise volume (GMV) of China's lifestyle product retail market from 2018 to 2022, with forecasts from 2023 to 2027 (in billion yuan). Statista. Statista Inc.. Accessed: January 08, 2025. https://www.statista.com/statistics/1449045/china-lifestyle-product-retail-market-gmv/
HKExnews. "Gross Merchandise Volume (Gmv) of China's Lifestyle Product Retail Market from 2018 to 2022, with Forecasts from 2023 to 2027 (in Billion Yuan)." Statista, Statista Inc., 4 Feb 2024, https://www.statista.com/statistics/1449045/china-lifestyle-product-retail-market-gmv/
HKExnews, Gross merchandise volume (GMV) of China's lifestyle product retail market from 2018 to 2022, with forecasts from 2023 to 2027 (in billion yuan) Statista, https://www.statista.com/statistics/1449045/china-lifestyle-product-retail-market-gmv/ (last visited January 08, 2025)
Gross merchandise volume (GMV) of China's lifestyle product retail market from 2018 to 2022, with forecasts from 2023 to 2027 (in billion yuan) [Graph], HKExnews, February 4, 2024. [Online]. Available: https://www.statista.com/statistics/1449045/china-lifestyle-product-retail-market-gmv/
