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Expenditure distribution of luxury consumers in China as of April 2023, by age group

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Sources

Release date

July 2023

Region

China

Survey time period

April 2022 to April 2023

Number of respondents

2,700 respondents

Age group

18-55 years

Special properties

among mainland China consumers

Supplementary notes

One yuan equals approximately 0.14 U.S. dollars and 0.13 euros (as of March 2024).

Citation formats

Share of luxury consumers' spending China 2023, by age group

Published by
Bruna Rocco,
Jul 31, 2023

According to a survey about the luxury consumption in China between April 2022 and April 2023, around ** percent of total expenditure of surveyed luxury consumers were made by those aged over 30 years old. In comparison, respondents up to 30 years old accounted for ** percent of all luxury spending, whereas the number of consumers in this age group accounted for ** percent of surveyed luxury shoppers.

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