Luxury research in Asia

An overview of research in the Luxury industry in Asia:

China’s luxury market recalibrates as it contracts for second year in a row Mainland China’s personal luxury goods market contracted by as much as 5% last year, a significant moderation compared with the sharper decline seen in 2024.
18 February 2026
Global luxury market remains steady despite China slowdown, says Bain & Company The global luxury sector has remained steady in 2025 according to the latest industry report from Bain & Company, despite economic uncertainties and a contraction in the key market of China.
28 January 2026
Asia leads new growth opportunities for luxury companies Though growth in the global luxury industry has slowed somewhat this year, the sector still remains resilient, especially in emerging markets like India and China, which are now driving new growth.
17 November 2025
China leapfrogs rivals to become world's largest luxury goods market The Chinese market for luxury goods is expected to grow to 25% of the global market by the end of this year.
26 September 2023
China to account for 25% of global luxury goods market by 2025 China’s luxury goods market is back to booming times, according to a new report by PwC.
02 March 2023
APAC’s rich looking to switch wealth management providers Wealthy ranks in Asia Pacific (APAC) are looking to relocate large shares of their portfolio in the coming years, and wealth managers with digitalised, service-minded and purpose-driven offerings are
13 May 2021
China's luxury market set for strong rebound this year The global luxury market was already moving to China before the Covid-19 pandemic, and is doing so even faster now.
07 December 2020
Coronavirus spells big trouble for luxury goods market, say Bain and BCG Coronavirus spells trouble for luxury goods market, say Bain and BCG In behind the aviation industry and many segments of the food & beverage and entertainment sectors, the global fashion and luxury
31 March 2020
China to account for nearly half of luxury goods market by 2025 The global personal luxury goods sector will grow by up to 6% this year according to a new analysis by Bain & Company, lifting the industry to a market value of around €276 billion.
22 July 2019
Chinese luxury fashion consumers prefer instore to online, finds McKinsey When it comes to the luxury fashion segment, a new McKinsey report has found that young Chinese consumers are traditionalists – preferring to purchase instore rather than online.
03 June 2019
Shifts in Chinese skincare trends force changes in market strategy Beauty products are seeing growth in demand across China on the back of a growing middle class.
10 May 2018
China is fastest growing region in fashion luxury market The global luxury fashion goods sector can expect to see strong growth in the near future, according to a recent study by EY-Parthenon.
07 May 2018
Asia set to lead global fashion recovery, finds McKinsey report Asia is set to strut its stuff on the global fashion stage according to a report from management consulting firm McKinsey and Company, with the region’s fashion industry set to lead the way in both i
19 February 2018
Millennials driving luxury retail resurgence in China, shows Bain report The luxury consumer retail market in China continues to rebound strongly, with Millennials powering 20% growth last year.
12 February 2018

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