The statistic shows the main reasons for owning luxury product in China 2017, by generation. According to the result of a survey, around 13 percent of the surveyed Chinese millennials stated that luxury products could better reflect their social status.
Main reasons for owning luxury product in China in 2017, by generation
Millennials: born after 1985.
Among the respondents, 67 percent were millennials with an even split between those born between 1985-1989 and those born after 1990.
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KPMG. (December 30, 2017). Main reasons for owning luxury product in China in 2017, by generation [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/805288/china-main-reasons-for-owning-luxury-product-by-generation/
KPMG. "Main reasons for owning luxury product in China in 2017, by generation." Chart. December 30, 2017. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/805288/china-main-reasons-for-owning-luxury-product-by-generation/
KPMG. (2017). Main reasons for owning luxury product in China in 2017, by generation. Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/805288/china-main-reasons-for-owning-luxury-product-by-generation/
KPMG. "Main Reasons for Owning Luxury Product in China in 2017, by Generation." Statista, Statista Inc., 30 Dec 2017, https://www.statista.com/statistics/805288/china-main-reasons-for-owning-luxury-product-by-generation/
KPMG, Main reasons for owning luxury product in China in 2017, by generation Statista, https://www.statista.com/statistics/805288/china-main-reasons-for-owning-luxury-product-by-generation/ (last visited December 22, 2024)
Main reasons for owning luxury product in China in 2017, by generation [Graph], KPMG, December 30, 2017. [Online]. Available: https://www.statista.com/statistics/805288/china-main-reasons-for-owning-luxury-product-by-generation/
