Luxury Marketer

Outlook

Personal luxury goods sector to grow ~2.5pc in 2026, down from anticipated 4-5pc: research

May 29, 2026

Beijing skyline at sunset Beijing skyline at sunset: China is now the world's largest luxury consumer market, with a 30 percent share compared to the United States' 22 percent. Image credit: Shutterstock

 

The luxury business is showing signs of stabilization after two years of contraction, albeit with demand recovery still uneven and fragile.

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