In 2024, Chinese consumers spent ***** billion yuan in total on luxury goods in the domestic market, down approximately ** percent from ***** billion yuan in 2023. China's luxury market has remained strong over the past decade. Domestic luxury consumption of Chinese consumers has surpassed their overseas luxury consumption since 2020.
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163.com. (April 17, 2025). Domestic luxury consumption of Chinese consumers from 2014 to 2024 (in billion yuan) [Graph]. In Statista. Retrieved July 04, 2025, from https://www.statista.com/statistics/808235/china-luxury-goods-consumption/
163.com. "Domestic luxury consumption of Chinese consumers from 2014 to 2024 (in billion yuan)." Chart. April 17, 2025. Statista. Accessed July 04, 2025. https://www.statista.com/statistics/808235/china-luxury-goods-consumption/
163.com. (2025). Domestic luxury consumption of Chinese consumers from 2014 to 2024 (in billion yuan). Statista. Statista Inc.. Accessed: July 04, 2025. https://www.statista.com/statistics/808235/china-luxury-goods-consumption/
163.com. "Domestic Luxury Consumption of Chinese Consumers from 2014 to 2024 (in Billion Yuan)." Statista, Statista Inc., 17 Apr 2025, https://www.statista.com/statistics/808235/china-luxury-goods-consumption/
163.com, Domestic luxury consumption of Chinese consumers from 2014 to 2024 (in billion yuan) Statista, https://www.statista.com/statistics/808235/china-luxury-goods-consumption/ (last visited July 04, 2025)
Domestic luxury consumption of Chinese consumers from 2014 to 2024 (in billion yuan) [Graph], 163.com, April 17, 2025. [Online]. Available: https://www.statista.com/statistics/808235/china-luxury-goods-consumption/
