The revenue in the luxury goods market in Hong Kong was forecast to continuously increase between 2024 and 2028 by in total 1.2 billion U.S. dollars (+8.14 percent). After the eighth consecutive increasing year, the indicator is estimated to reach 15.98 billion U.S. dollars and therefore a new peak in 2028.
Revenue in the luxury goods market Hong Kong from 2018 to 2028 (in billion U.S. dollars)
Other statistics that may interest you Luxury goods market in Hong Kong
Overview
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- Premium Statistic Cities with the highest number of UHNW individuals worldwide 2022
- Premium Statistic Wealth per adult APAC 2022, by country
- Basic Statistic Annual growth of the total retail sales value Hong Kong 2013-2023
- Premium Statistic Cities with the largest number of designer stores worldwide 2023
- Premium Statistic Revenue of luxury goods market in Asia-Pacific region 2023, by country
- Premium Statistic Revenue in the luxury goods market Hong Kong 2018-2028
Watches and jewelry
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Other luxury goods
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- Premium Statistic Revenue of luxury fashion in Asia-Pacific region 2023, by country
- Premium Statistic Revenue of luxury leather goods in Asia-Pacific region 2023, by country
- Premium Statistic Revenue of prestige cosmetics and fragrances in Asia-Pacific region 2023, by country
- Premium Statistic Revenue of luxury eyewear in Asia-Pacific region 2023, by country
Sales channels
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Consumer perspective
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- Premium Statistic Motivation for purchasing luxury goods Hong Kong 2023
- Premium Statistic Expected changes of luxury goods spending in the next year in Hong Kong 2023
- Premium Statistic Celebrities' influence on luxury goods among consumers in Hong Kong 2023, by type
- Premium Statistic Purchase of second-hand luxury goods among rich consumers Hong Kong 2023, by category
- Premium Statistic Frequency of buying luxury handbags among rich consumers in Hong Kong 2023
- Premium Statistic Age of first purchase of luxury goods among rich consumers in Hong Kong 2023, by age
- Premium Statistic Major sources of information for consumers about luxury items Hong Kong 2023
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Statista Market Insights. (January 26, 2024). Revenue in the luxury goods market Hong Kong from 2018 to 2028 (in billion U.S. dollars) [Graph]. In Statista. Retrieved September 21, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/forecasts/1436210/revenue-luxury-goods-luxury-goods-market-hong-kong
Statista Market Insights. "Revenue in the luxury goods market Hong Kong from 2018 to 2028 (in billion U.S. dollars)." Chart. January 26, 2024. Statista. Accessed September 21, 2024. https://www-statista-com.ezproxy.canberra.edu.au/forecasts/1436210/revenue-luxury-goods-luxury-goods-market-hong-kong
Statista Market Insights. (2024). Revenue in the luxury goods market Hong Kong from 2018 to 2028 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: September 21, 2024. https://www-statista-com.ezproxy.canberra.edu.au/forecasts/1436210/revenue-luxury-goods-luxury-goods-market-hong-kong
Statista Market Insights. "Revenue in The Luxury Goods Market Hong Kong from 2018 to 2028 (in Billion U.S. Dollars)." Statista, Statista Inc., 26 Jan 2024, https://www-statista-com.ezproxy.canberra.edu.au/forecasts/1436210/revenue-luxury-goods-luxury-goods-market-hong-kong
Statista Market Insights, Revenue in the luxury goods market Hong Kong from 2018 to 2028 (in billion U.S. dollars) Statista, https://www-statista-com.ezproxy.canberra.edu.au/forecasts/1436210/revenue-luxury-goods-luxury-goods-market-hong-kong (last visited September 21, 2024)
Revenue in the luxury goods market Hong Kong from 2018 to 2028 (in billion U.S. dollars) [Graph], Statista Market Insights, January 26, 2024. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/forecasts/1436210/revenue-luxury-goods-luxury-goods-market-hong-kong