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March 26, 2026
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Research

Luxury market growth to slow in China in 2024: Bain

January 26, 2024

Two major emerging trends will impact current and future market growth within China: international shopping and the local practice of Daigou. Image credit: Bain & Company Two major emerging trends will impact current and future market growth within China: international shopping and the local practice of Daigou. Image credit: Bain & Company

 

By Zach James

Relative to previous growth spurts, sales of luxury goods among Chinese consumers are currently cooled.

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