Dublin, Nov. 08, 2024 (GLOBE NEWSWIRE) -- The "Experiential Luxury in China" report has been added to ResearchAndMarkets.com's offering.
Experiential luxury in China is benefitting from recovered tourist arrivals in 2024, despite economic pressures including rapidly rising living costs. Consumers continue to shift towards spending more money on meaningful and rewarding experiences and activities than on material items.
Experiential Luxury in China report offers a comprehensive guide to the size and shape of the Experiential Luxury market at a national level. It provides the latest retail sales data, allowing you to identify the sectors driving growth. It identifies the leading companies, the leading brands and offers strategic analysis of key factors influencing the market and their effects on Experiential Luxury retailing along with the development of consumers' shopping patterns. Forecasts to 2028 illustrate how the market is set to change
Product coverage:Luxury Foodservice, Luxury Hotels.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
Why buy this report?
- Get a detailed picture of the Experiential Luxury market;
- Pinpoint growth sectors and identify factors driving change;
- Understand the competitive environment, the market's major players and leading brands;
- Use five-year forecasts to assess how the market is predicted to develop.
Key Topics Covered:
KEY DATA FINDINGS
2024 DEVELOPMENTS
- Shift towards experiences over possessions in bid to live life now, as Ritz-Carlton wins Leading Luxury Hotel award
- Hyatt Corp maintains lead in 2023 as new openings continue across the competitive landscape
- AI expands within OTAs, while sustainability remains a slowly-but-surely emerging concern
PROSPECTS AND OPPORTUNITIES
- Experiential luxury faces bright forecast period in China
- Increased domestic travel and a greater focus on sustainability in business travel
- Rising sales and new luxury hotel openings anticipated despite economic uncertainty
CATEGORY DATA
- Sales of Experiential Luxury by Category: Value 2019-2024
- Sales of Experiential Luxury by Category: % Value Growth 2019-2024
- NBO Company Shares of Experiential Luxury: % Value 2019-2023
- LBN Brand Shares of Experiential Luxury: % Value 2020-2023
- Forecast Sales of Experiential Luxury by Category: Value 2024-2029
- Forecast Sales of Experiential Luxury by Category: % Value Growth 2024-2029
LUXURY GOODS IN CHINA
EXECUTIVE SUMMARY
- Luxury goods in 2024: The big picture
- 2024 key trends
- Competitive landscape
- Retailing developments
- What next for luxury goods?
MARKET DATA
- Sales of Luxury Goods by Category: Value 2019-2024
- Sales of Luxury Goods by Category: % Value Growth 2019-2024
- Inbound Receipts for Luxury Goods by Country of Origin: Value 2019-2024
- NBO Company Shares of Luxury Goods: % Value 2019-2023
- LBN Brand Shares of Luxury Goods: % Value 2020-2023
- Distribution of Luxury Goods by Format and Category: % Value 2024
- Forecast Sales of Luxury Goods by Category: Value 2024-2029
- Forecast Sales of Luxury Goods by Category: % Value Growth 2024-2029
For more information about this report visit https://www.researchandmarkets.com/r/1aeske
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