Deep DiveRetail 2024: 10 Trends in China Retail Echo Gong, Senior Analyst Sector Lead: Anand Kumar, Associate Director of Retail Research January 15, 2024 Reasons to ReadThe Coresight Research Retail 2024 series of reports looks ahead to the prospects for retail in 2024, exploring key trends by geography (namely, the US, the UK, China and India) and sector. We will also discuss trends in healthcare and technology. In this report, we discuss 10 key trends for the Chinese retail market in 2024. Each trend reflects broader shifts in consumer behavior, technology adoption and market dynamics. Data in this report include: Overall consumer spending in China and its year-over-year change for 2018–2028E Personal luxury goods spending in China for 2020–2026E Chinese pet market size for 2021–2025E Companies mentioned in this report include: Alibaba, Estée Lauder Companies, Fendi, JD.com, L’Oréal, Luckin Coffee, Lululemon, LVMH, Pinduoduo, Shein, Temu Other relevant research: Key Festivals and Holidays for Promotional Campaigns in China in 2024: Calendar More Coresight Research coverage of retail in China, including our China Consumer Survey Insights weekly survey reports Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Purchase this report. Buy Now This document was generated for Other research you may be interested in: Analyst Corner: Three Consumer-Focused Predictions for US Retail for the Second Half of 2025, with Anand KumarConsumer Sentiment Declines; Plus, Apparel and Footwear Shopping in Focus: US Consumer Survey InsightsThree Data Points We’re Watching This Week, Week 31: US Consumer Sentiment, AI Investments and Canada StoresWeekly US Store Openings and Closures Tracker 2025, Week 21: US Store Closure Cross 5,000 as Rite Aid Begins Closing Stores
