Aug 18, 2011
China Infographics
In a nutshell:
1. 2020: China’s luxury consumer base is expected to expand from 80 Million to 180 Million people, with a 125% increase
2. 2010-2020: China will enter the world scene as the #1 luxury goods consumer, overtaking Japan
3. 2015: Chinese consumers online will reach 780 Million with the help of cheap phones (* largely made possible by China’s dominant Shanzhai subculture)
4. 2015: Growth of the Chinese E-Commerce consumer base will reach 520 Million
* Personal forecast
Photo: Strangeloopnetworks
Article: pH7 THE 3rd