This statistic compares the annual consumer spending on personal luxury products in China and the rest of the world in selected years from 2008 to 2018, with projections up until 2025. Chinese consumers spent around 770 billion yuan on luxury goods in 2018 and the expenditure was forecasted to exceed 1.2 trillion yuan by 2025.
Annual consumer expenditure on personal luxury goods in China and worldwide from 2008 to 2018 with a forecast until 2025
(in billion yuan)
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WalktheChat. (April 1, 2019). Annual consumer expenditure on personal luxury goods in China and worldwide from 2008 to 2018 with a forecast until 2025 (in billion yuan) [Graph]. In Statista. Retrieved November 18, 2024, from https://www.statista.com/statistics/977803/chinese-and-global-spending-on-luxury-goods/
WalktheChat. "Annual consumer expenditure on personal luxury goods in China and worldwide from 2008 to 2018 with a forecast until 2025 (in billion yuan)." Chart. April 1, 2019. Statista. Accessed November 18, 2024. https://www.statista.com/statistics/977803/chinese-and-global-spending-on-luxury-goods/
WalktheChat. (2019). Annual consumer expenditure on personal luxury goods in China and worldwide from 2008 to 2018 with a forecast until 2025 (in billion yuan). Statista. Statista Inc.. Accessed: November 18, 2024. https://www.statista.com/statistics/977803/chinese-and-global-spending-on-luxury-goods/
WalktheChat. "Annual Consumer Expenditure on Personal Luxury Goods in China and Worldwide from 2008 to 2018 with a Forecast until 2025 (in Billion Yuan)." Statista, Statista Inc., 1 Apr 2019, https://www.statista.com/statistics/977803/chinese-and-global-spending-on-luxury-goods/
WalktheChat, Annual consumer expenditure on personal luxury goods in China and worldwide from 2008 to 2018 with a forecast until 2025 (in billion yuan) Statista, https://www.statista.com/statistics/977803/chinese-and-global-spending-on-luxury-goods/ (last visited November 18, 2024)
Annual consumer expenditure on personal luxury goods in China and worldwide from 2008 to 2018 with a forecast until 2025 (in billion yuan) [Graph], WalktheChat, April 1, 2019. [Online]. Available: https://www.statista.com/statistics/977803/chinese-and-global-spending-on-luxury-goods/
