In recent years, with the development of economy and the maturity of consumer market, luxury consumption has become an important part of modern consumption structure, and luxury consumption has also become one of the topics people care about. Luxury consumption is wasteful, above average. Luxury consumption has promoted economic development to some extent. However, the contradiction between luxury consumption and advocating sustainable development has a negative impact on cultural development and human development, such as wasting resources and destroying the harmonious relationship between people and society. For luxury consumption, we should correct the value orientation, oppose extravagance and waste, and combine opposing luxury consumption with saving resources, protecting the environment and taking the route of sustainable development.

Keywords: luxury consumption, luxury consumption behavior, advantages and disadvantages analysis

In recent years, with the development of economy and the maturity of consumer market, luxury consumption has become an important part of modern consumption structure. Luxury consumption has become one of the topics of concern. Luxury sp ending is wasteful, with above-average consumption. To some extent, luxury consumption has promoted economic development, but luxury consumption has also promoted it.