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China's affluent population comprises 120M people with buying power of $590B; in 2020, this group will number 280M, with buying power of $3.1T
BCG - Press Release - The Affluent Will Be a Major Driver of Consumption Growth in China
$350B is spent worldwide on luxury cars each year
BCG - Press Release - Well-Heeled Shoppers Speeding Up Shift from Products to Experiences in the Global Luxury Market
$770B is spent worldwide on luxury experiences each year
BCG - Press Release - Well-Heeled Shoppers Speeding Up Shift from Products to Experiences in the Global Luxury Market
$1.4T is spent worldwide on luxury items each year
BCG - Press Release - Well-Heeled Shoppers Speeding Up Shift from Products to Experiences in the Global Luxury Market
Experiential luxury sales in China grew by 28% in 2011
BCG - Press Release - Well-Heeled Shoppers Speeding Up Shift from Products to Experiences in the Global Luxury Market
Luxury sales in China rose by 22% in 2011
BCG - Press Release - Well-Heeled Shoppers Speeding Up Shift from Products to Experiences in the Global Luxury Market
Experiential luxury now makes up 55% of total luxury spending worldwide
BCG - Press Release - Well-Heeled Shoppers Speeding Up Shift from Products to Experiences in the Global Luxury Market
The internet economy of G-20 countries will double, to $4.2T, by 2016
BCG - Press Release - Lack of Trust in the Use of Personal Data Threatens to Undermine the Digital Economy
Online retail sales in China will triple by 2015, to more than $360B
BCG - Press Release - Online Retail Sales in China Will Triple to More than $360 Billion by 2015, as the Internet Adds Nearly 200 Million Users
By 2016, some 23% of UK retail sales will be made online, bringing in total revenues of $230B
Almost a quarter of UK retail sales to be online in four years: study
By 2016, there will be 3B Internet users globally—almost half the world’s population – and the Internet economy will reach $4.2 trillion in the G-20 economies
bcg.perspectives - The $4.2 Trillion Opportunity
Shipping a 1-kilogram parcel costs $1 on average in China versus $6 in the U.S.
BCG - Press Release - Companies Without Online Offerings Are Slow to Enter China’s E-Commerce Market, World’s Second Largest and Set for More Explosive Growth, Says Report by The Boston Consulting Group
China has more Internet users than the United States and Japan combined, and it already has 145MM online shoppers (second only to 170MM in the U.S.)
BCG - Press Release - Companies Without Online Offerings Are Slow to Enter China’s E-Commerce Market, World’s Second Largest and Set for More Explosive Growth, Says Report by The Boston Consulting Group
The size of the China’s e-commerce market could reach $315B by 2015, surpassing even that of the U.S.
bcg.perspectives - Selling to China’s E-Shoppers