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Analysis Report on Luxurious Goods in China

Published by: SunFAITH China Ltd.

Published: May. 8, 2006 - 6 Pages


Table of Contents



1. Trends of Luxurious Goods Consumption in China

1.1 Market Size and Development Trend

1.2 Features of Luxurious Goods Consumption in China

1.3 Features of Infringements in China

2. History and Features of Luxurious Goods Market in Shanghai




Charts

Chart 1 Evolution of Major Categories of Luxurious Goods

Chart 2 Evolution of Major Distribution Channel

Chart 3 Structure of Luxurious Goods in Shanghai

Chart 4 Origin of Luxurious Goods in Shanghai

Chart 5 Distribution Channel of Luxurious Goods in Shanghai

Abstract

It is estimated that the annual growth rate of China luxury market from 2005 to 2008 will be as high as 20% and that from 2008 to 2015 will be about 10%. In 2015, China is expected to become the largest market of luxurious goods. According to the analysis report of Goldman Sachs, the total consumption of luxurious goods in China in 2004 has reached USD 6 billion, making its share in global market standing at 12“. China Brand Strategy Association holds that currently the number of consumers of luxurious goods accounts for 13% of the total population. A survey conducted by an international expo group to its exhibitors of luxurious goods has shown that over 80% of the respondents choose Shanghai as their target markets. With the income increase of the females in China and the growth of their need for delicate and stylish lives, their demands for luxurious goods have grown dramatically.

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