Luxury Goods in China - Market Summary, Competitive Analysis and Forecast to 2025
Luxury Goods in China - Market Summary, Competitive Analysis and Forecast to 2025Summary
Luxury Goods in China industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2016-20, and forecast to 2025). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The Luxury goods market presents the revenues at retail sales value from retailers specifically dealing with Luxury Jewellery & Watches, Bags & Accessories, Apparel & Footwear and Cosmetics & Fragrances.
- The Chinese luxury goods market is expected to generate total revenues of $35.3bn in 2020, representing a compound annual growth rate (CAGR) of 16.5% between 2016 and 2020.
- A growing middle-class of consumers, particularly of millennials, with a rising disposable income and appetite for luxury goods continued to drive growth in the market.
Scope
- Save time carrying out entry-level research by identifying the size, growth, and leading players in the luxury goods market in China
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the luxury goods market in China
- Leading company profiles reveal details of key luxury goods market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the China luxury goods market with five year forecasts by both value and volume
Reasons to Buy
- What was the size of the China luxury goods market by value in 2020?
- What will be the size of the China luxury goods market in 2025?
- What factors are affecting the strength of competition in the China luxury goods market?
- How has the market performed over the last five years?
- How large is China’s luxury goods market in relation to its regional counterparts?
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