In 2020, Chinese luxury consumption in foreign countries accounted for around 25 to 30 percent of all Chinese luxury consumption, decreasing dramatically from 68 percent in the previous year. In 2021, the domestic retail channel was estimated to contribute to up to 98 percent of the total luxury sales.
Distribution of Chinese luxury consumption overseas and domestically from 2015 to 2020 with a forecast for 2021
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Bain & Company. (January 21, 2022). Distribution of Chinese luxury consumption overseas and domestically from 2015 to 2020 with a forecast for 2021 [Graph]. In Statista. Retrieved March 28, 2024, from https://www.statista.com/statistics/977869/share-of-chinese-luxury-consumption-overseas-and-in-china/
Bain & Company. "Distribution of Chinese luxury consumption overseas and domestically from 2015 to 2020 with a forecast for 2021." Chart. January 21, 2022. Statista. Accessed March 28, 2024. https://www.statista.com/statistics/977869/share-of-chinese-luxury-consumption-overseas-and-in-china/
Bain & Company. (2022). Distribution of Chinese luxury consumption overseas and domestically from 2015 to 2020 with a forecast for 2021. Statista. Statista Inc.. Accessed: March 28, 2024. https://www.statista.com/statistics/977869/share-of-chinese-luxury-consumption-overseas-and-in-china/
Bain & Company. "Distribution of Chinese Luxury Consumption Overseas and Domestically from 2015 to 2020 with a Forecast for 2021." Statista, Statista Inc., 21 Jan 2022, https://www.statista.com/statistics/977869/share-of-chinese-luxury-consumption-overseas-and-in-china/
Bain & Company, Distribution of Chinese luxury consumption overseas and domestically from 2015 to 2020 with a forecast for 2021 Statista, https://www.statista.com/statistics/977869/share-of-chinese-luxury-consumption-overseas-and-in-china/ (last visited March 28, 2024)
Distribution of Chinese luxury consumption overseas and domestically from 2015 to 2020 with a forecast for 2021 [Graph], Bain & Company, January 21, 2022. [Online]. Available: https://www.statista.com/statistics/977869/share-of-chinese-luxury-consumption-overseas-and-in-china/