What is the current China Luxury Goods Market size?

The China Luxury Goods Market is projected to register a CAGR of 4.60% during the forecast period (2024-2029) Read More

Who are the key players in China Luxury Goods Market?

Prada SPA, Chanel SA, LVMH Moët Hennessy Louis Vuitton, Kering SA and Rolex SA are the major companies operating in the China Luxury Goods Market. Read More

What years does this China Luxury Goods Market cover?

The report covers the China Luxury Goods Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the China Luxury Goods Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

China Luxury Goods Market - Size, Share Analysis & Growth Trends

China Luxury Goods Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The report covers Chinese Luxury Brands and is segmented by Type (Clothing and Apparel, Footwear, Bags, Jewelry, Watches, and Other Types); and by Distribution Channel (Single-brand Stores, Multi-brand Stores, Online Stores, and Other Distribution Channels).

China Luxury Goods Industry Overview

The China luxury goods industry is fragmented with the presence of many international and local players. Major players in the market include LVMH Moët Hennessy Louis Vuitton, Chanel SA, Cartier SA., Rolex SA, and Kering SA. Key players in the market are diversifying their products and expanding their distribution circles to reach prospective consumers. Further, these companies are experimenting through online channels to acquire a competitive edge in the market. For instance, in December 2020, Gucci announced the opening of two new flagship stores on Alibaba's online platform.