There Will Be 400 Million Luxury Consumers In 2020.

According to a report by Bain consulting, global luxury goods are now available. clothing The consumer market for leather goods, accessories, jewelry) is estimated to reach 330 million people, which has increased two times in twenty years. The report predicts that the 400 million mark will break through in 2020.

The consumption of luxury goods in 2013 is estimated to be as high as 217 billion euros. The market attracts 10 million new consumers annually. The report points out that this increase has been mainly caused by China since 2009. market Contribution.

The number of luxury consumers in China is currently estimated at 50 million, accounting for 14% of the total number of consumers in the world, but the proportion of consumption accounts for 28%. They share the top list of consumer spending with Middle Eastern consumers.

Luxury goods consumers in Western Europe are estimated to be 80 million (24% of the world's total consumers), with the United States (27%) ahead of them, followed by Japan (10%), 20 million consumers in the Eastern Europe (7%), South America (6%) and 10 million consumers in the Middle East (3%).

Claudia D 'Arpizio predicts that the next wave will be Africa.

330 million more than half of consumers are only occasionally shopping, and the price is limited. For the whole market, 40% of the consumption is for gift giving.

On the contrary, 150 million of consumers contributed 90% of consumption (190 billion euros). The 15 million most wealthy consumers (1/3 of them from China) contributed 100 billion euros. Luxury goods In other words, their per capita consumption is as high as 100 thousand euros.