In 2015, the market value of personal luxury goods in China reached 25 billion euros, representing a nearly 15 percent increase compared to the previous year. China's personal luxury goods sector increased at 12.6 percent CAGR since 2017, owing to the consumption upgrades.
Sales value of personal luxury goods in China from 2005 to 2019 (in billion euros)
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Sina.com.cn. (November 13, 2020). Sales value of personal luxury goods in China from 2005 to 2019 (in billion euros) [Graph]. In Statista. Retrieved April 19, 2024, from https://www.statista.com/statistics/1228722/china-value-of-the-personal-luxury-goods-market/
Sina.com.cn. "Sales value of personal luxury goods in China from 2005 to 2019 (in billion euros)." Chart. November 13, 2020. Statista. Accessed April 19, 2024. https://www.statista.com/statistics/1228722/china-value-of-the-personal-luxury-goods-market/
Sina.com.cn. (2020). Sales value of personal luxury goods in China from 2005 to 2019 (in billion euros). Statista. Statista Inc.. Accessed: April 19, 2024. https://www.statista.com/statistics/1228722/china-value-of-the-personal-luxury-goods-market/
Sina.com.cn. "Sales Value of Personal Luxury Goods in China from 2005 to 2019 (in Billion Euros)." Statista, Statista Inc., 13 Nov 2020, https://www.statista.com/statistics/1228722/china-value-of-the-personal-luxury-goods-market/
Sina.com.cn, Sales value of personal luxury goods in China from 2005 to 2019 (in billion euros) Statista, https://www.statista.com/statistics/1228722/china-value-of-the-personal-luxury-goods-market/ (last visited April 19, 2024)
Sales value of personal luxury goods in China from 2005 to 2019 (in billion euros) [Graph], Sina.com.cn, November 13, 2020. [Online]. Available: https://www.statista.com/statistics/1228722/china-value-of-the-personal-luxury-goods-market/