Luxury Foodservice in China

Luxury Foodservice in China

Luxury foodservice is playing an increasingly important role in brands’ efforts to engage consumers and introduce them to the brands’ culture. Luxury cafés offer more affordable ways for Chinese consumers to engage with brands than purchasing luxury goods. For younger consumers who want to experience world-renowned luxury brands, choosing to dine at luxury restaurants and cafés often provides an affordable but “luxurious” experience. For luxury brands, opening a luxury foodservice venue provides...

Euromonitor International's Luxury Foodservice in China report offers a comprehensive guide to the size and shape of the Luxury Foodservice market at a national level. It provides the latest retail sales data, allowing you to identify the sectors driving growth. It identifies the leading companies, the leading brands and offers strategic analysis of key factors influencing the market and their effects on Luxury Foodservice retailing along with the development of consumers’ shopping patterns. Forecasts to 2024 illustrate how the market is set to change

Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.

Why buy this report?
* Get a detailed picture of the Luxury Foodservice market;
* Pinpoint growth sectors and identify factors driving change;
* Understand the competitive environment, the market’s major players and leading brands;
* Use five-year forecasts to assess how the market is predicted to develop.

Euromonitor International has over 40 years' experience of publishing market research reports, business reference books and online information systems. With offices in London, Chicago, Singapore, Shanghai, Vilnius, Dubai, Cape Town, Santiago, Sydney, Tokyo and Bangalore and a network of over 800 analysts worldwide, Euromonitor International has a unique capability to develop reliable information resources to help drive informed strategic planning.

Luxury Foodservice in China
Euromonitor International
January 2020
Brands Look To Luxury Foodservice To Engage Consumers
Luxury Brands Attracted To the Café Segment
Acceptance of Western Cuisine Creates Opportunities for Luxury Brands
Competitive Landscape
International Brands Increasingly Attracted To Luxury Foodservice in China
Blancpain Opens Lounge Bar in Shanghai
Cova Appeals To Chinese Millennials With High-end Offer and Local Products
Category Data
Table 1 Sales in Luxury Foodservice: Value 2014-2019
Table 2 Sales in Luxury Foodservice: % Value Growth 2014-2019
Table 3 NBO Company Shares in Luxury Foodservice: % Value 2014-2018
Table 4 LBN Brand Shares in Luxury Foodservice: % Value 2015-2018
Table 5 Forecast Sales in Luxury Foodservice: Value 2019-2024
Table 6 Forecast Sales in Luxury Foodservice: % Value Growth 2019-2024
Executive Summary
China Becoming Increasingly Central To Luxury Brands' Strategies
Millennials and Gen Z Consumers Shaping Market Development
Major Players See Strong Growth Across A Number of Categories
Growing Emphasis on E-commerce
Evolving Environment Providing Opportunities for Further Expansion
Market Indicators
Table 7 Number of High Net Worth Individuals (HNWI): 2014-2019
Market Data
Table 8 Sales of Luxury Goods by Category: Value 2014-2019
Table 9 Sales of Luxury Goods by Category: % Value Growth 2014-2019
Table 10 Inbound Receipts for Luxury Goods by Country of Origin: Value 2014-2019
Table 11 NBO Company Shares of Luxury Goods: % Value 2014-2018
Table 12 LBN Brand Shares of Luxury Goods: % Value 2015-2018
Table 13 Distribution of Luxury Goods by Format and Category: % Value 2019
Table 14 Forecast Sales of Luxury Goods by Category: Value 2019-2024
Table 15 Forecast Sales of Luxury Goods by Category: % Value Growth 2019-2024
Summary 1 Research Sources

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