China as a global consumer of luxury goods

China has emerged as a major global consumer of luxury goods

China's luxury consumer base is expected to expand from 80 million to 180 million people in 2020. 

Click on image to download a high-res version

China as major global consumer of luxury goods

Sources: McKinsey, Understanding China's Growing Love for Luxury, March 2011; KPMG, Luxury Brands in China, 2007

Strangeloop welcomes re-use of this graphic, with appropriate citation. If you use this graphic, we'd be pleased to learn where. Let us know at info@strangeloopnetworks.com.