The Associated Press

Study: Chinese to account for half of luxury sales by 2025

Study: Chinese to account for half of luxury sales by 2025

Chinese consumers remain the focus of luxury goods makers, as a new study by Bain & Company shows they will fuel nearly half of global high-end sales by 2025.

  • November 15, 2018
  • min read

The Associated Press

Study: Chinese to account for half of luxury sales by 2025

Chinese consumers remain the focus of luxury goods makers, as a new study by Bain & Company shows they will fuel nearly half of global high-end sales by 2025. The consultancy said Thursday that Chinese shoppers will account for 46 percent of global luxury sales of an estimated 365 billion euros ($412 billion) in just six years. 

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