B
Evidence Grade B
Graded
accuracy verified by the review judge
Safe to Cite
Dated
15%
15% -- share of global luxury market for Chinese consumers (2012)
Chinese consumers in total account for an estimated 15% of the overall global luxury market.
- Estimate based on Bain & Company merged with World Luxury Association data
- Includes both domestic market and overseas spending
Attribution:
View source
Lighthouse Research Team
Last verified:
·
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Source verified
Evidence graded
Value
15%
Unit
Percentage
Data Vintage
2012
Entity
Geography
APAC
Evidence Quality
B
Strong, reliable evidence
Sourced from a well-regarded research firm or industry leader with transparent methodology and a reasonably large sample.
Single source - not yet corroborated
Score breakdown
Extraction
75
Source Trust
60
Citation Chain
20
Independence
30
Methodology
35
Freshness
95
Source
Bain & Company / World Luxury Association
Primary
Tier B
http://www.pauravshukla.com/what-is-your-chinese-new-year-luxury-strategy ↗
Source Article
What is your Chinese New Year luxury strategy?
Original Research
Bain & Company / World Luxury Association
· Original study ↗
Methodology
Bain & Company estimates merged with World Luxury Association data
Methodology documented
Segmentation
IndustryLuxury
RegionAPAC
Cite this stat
Plain Text
Chinese consumers: 15% share of global luxury market. Source: Bain & Company / World Luxury Association (2012). Via Lighthouse Intelligence -- https://lighthousedata.io/data/chinese-consumers-global-luxury-share
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<blockquote cite="https://lighthousedata.io/data/chinese-consumers-global-luxury-share" style="border-left:3px solid #2563eb;padding:12px 16px;margin:16px 0;font-family:system-ui,sans-serif;background:#f0f4ff;"><strong>15%</strong> -- share of global luxury market for Chinese consumers<br><small>Source: Bain & Company / World Luxury Association (2012) · <a href="https://lighthousedata.io/data/chinese-consumers-global-luxury-share" target="_blank" rel="noopener">Lighthouse Intelligence</a></small></blockquote>
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