Leading luxury goods categories bought by Chinese luxury shoppers 2021, by age
According to a survey among Chinese luxury shoppers in October 2021, about 65 percent of China's Gen-Z high luxury spenders (who spent at least 40 thousand yuan a year on luxury items) purchased luxury apparel in the past 12 months. More than half of the surveyed luxury consumers aged above 25 said they bought luxury handbags in the past year, while only 42 percent of the Gen-Z consumers said the same.