9. Germany

Germany is another destination that many rich prefers. Germany has luxury brands from head to toe like Ralph Lauren, Louis Vuitton, Gucci, Cartier, and Prada to name a few. In 2011, Germany’s luxury market increased by 16 percent to EUR 12.9 billion. Watches, jewelry, fashion and accessories were the segments that had witnessed fastest growth.

Wealthy people like to buy from luxury apartments, to collectible art, Germany's luxury CAGR is expected to be at 3.79 percent by 2017.

8. France

Since France is the largest wine producer in the world, it has become the main target for Chinese wine lovers. The wine produced here ranges from expensive high-end wines sold internationally to more modest wines usually seen only within France. The Compound Annual Growth Rate (CAGR) for luxury goods was increased more than France's GDP in percentage terms at 5.37 percent.

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