Consumer Goods

Luxury Goods Market in China 2015-2019

  • TEC170929
  • 63 Pages
  • January 2015
  • Consumer Goods
About Luxury Goods
Luxury goods are non-essential goods that are indicative of higher social and cultural status. Purchasing luxury goods depends on affordability, income and assets. The demand for these goods is proportional to the increase in the disposable income. These goods are often purchased as a status symbol worldwide.

TechNavio's analysts forecast the Luxury Goods market in China to grow at a CAGR of 9.64 percent over the period 2014-2019.

Covered in this Report
The Luxury Goods market in China consists of the following goods: watches, cosmetics, perfume and personal care, leather goods, men' wear, jewelry, footwear, women's wear, and accessories.

TechNavio's report, the Luxury Goods Market in China 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. This report provides a brief demographic profile of China and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

Key Vendors
Chanel
Gucci
L'Oreal
LVMH

Other Prominent Vendors
Armani
Burberry
Cartier
Coach
Estee Launder
Hermes International
Hugo Boss
Logines
Omega
Prada
Rolex
Shiseido
Tiffany

Key Market Driver
Favourable Demographic Factors
For a full, detailed list, view our report

Key Market Challenge
Availability of Counterfeit Product
For a full, detailed list, view our report

Key Market Trend
Increase in Penetration of E-commerce
For a full, detailed list, view our report

Key Questions Answered in this Report
What will the market size be in 2019 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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