China Luxury Goods Market 2015 -2019 Size, Share, Demand, Analysis, Industry Growth, Trends, Research, Report, Opportunities and Forecast
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Report Overview
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.
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