Luxury Roundtable
Comment

China

The truth about Chinese consumption – and its impact on luxury: report

October 7, 2024

Beijing skyline at sunset Beijing skyline at sunset

 

By Luxury Roundtable Intelligence

Despite low consumer confidence, pockets of growth in China’s vast consumer market remain.

This content is accessible only to members of Luxury Roundtable. We would love for you to become a member and enjoy the many benefits soon after. Please click here to enroll as a member of Luxury Roundtable. Already a member?
 
NEW INTELLIGENCE

MOST READ
  1. Luxury fashion sector needs to reinvent amidst widespread global slowdown 
  2. Global luxury spending to stay flat at $1.66 trillion in 2025 as shopper base shrinks 
  3. How positioning and pricing are rapidly changing the definition of luxury 
  4. Webinar March 20: Interior Designer Timothy Corrigan Talks Design Trends for Affluent 
  5. Announcing the 3rd annual Luxury Real Estate and Design Summit Oct. 14 in New York 
  6. Meet the 25 execs who lead American luxury real estate and design 
  7. How luxury brands should retain the attention of Very Important Clients and One-Percenters in China and elsewhere 
  8. Call for nominations: Luxury Women Leaders to Watch 2027 
  9. Aimée Ann Lou embraces conscious couture with wholly sustainable luxury footwear across entire value chain 
  10. Global luxury spending, at $1.6 trillion, is flat for 2024 as 50M customers leave market and top customers question exclusivity value prop 


MORE IN China
Cautious Chinese buyers, putting global luxury on notice, divert spend towards homegrown brands
February 12, 2026
Global luxury spending to stay flat at $1.66 trillion in 2025 as shopper base shrinks
November 21, 2025
Luxury in China: Turning the corner or still in the tunnel?
August 11, 2025
Global billionaire population: India up, China down, US top
December 2, 2024
Global luxury to post flat growth at $1.6 trillion for 2024, sheds 50M customers in 2 years
November 13, 2024
Global luxury spending, at $1.6 trillion, is flat for 2024 as 50M customers leave market and top customers question exclusivity value prop
November 13, 2024



RECENT INTELLIGENCE
Only 2 weeks left! Register now for Luxury Real Estate and Design Summit New York
September 29, 2026
Photos from the Luxury Commercial Real Estate Summit 2026
September 22, 2026
Announcing the 3rd annual Luxury Real Estate and Design Summit Oct. 14 in New York
September 21, 2026

2 weeks left! Register now for the Luxury Commercial Real Estate Summit NYC
September 1, 2026
3 weeks left for luxury’s No. 1 conference for retail, office and mixed use
August 25, 2026
Meet our Sept. 16 summit speakers who shape America’s skyline
August 4, 2026