According to a survey on luxury goods conducted by Rakuten Insight in the Asia-Pacific region in July 2024, about 38 percent of respondents from the Philippines stated that they purchased luxury goods or high-end products at least once a year. Meanwhile, 78 percent of respondents from Japan answered that they have never purchased luxury goods.
Frequency of purchasing luxury goods within a year among consumers in the Asia-Pacific region as of July 2024, by country or territory
Original question: "How often do you buy luxury goods or high-end product within a year? (e.g. jewelry, cosmetics, watches, shoes, etc.)"
Number of respondents in: China: 3,838; Hong Kong: 2,506; Indonesia: 10,372; India: 20,953; Japan: 517; South Korea: 4,650; Malaysia: 10,081; the Philippines: 13,474; Singapore: 4,677; Thailand: 16,595; Taiwan: 10,065; and Vietnam: 4,609.
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Rakuten Insight. (September 3, 2024). Frequency of purchasing luxury goods within a year among consumers in the Asia-Pacific region as of July 2024, by country or territory [Graph]. In Statista. Retrieved November 25, 2024, from https://www.statista.com/statistics/1493906/apac-frequency-of-purchasing-luxury-goods-by-country/
Rakuten Insight. "Frequency of purchasing luxury goods within a year among consumers in the Asia-Pacific region as of July 2024, by country or territory." Chart. September 3, 2024. Statista. Accessed November 25, 2024. https://www.statista.com/statistics/1493906/apac-frequency-of-purchasing-luxury-goods-by-country/
Rakuten Insight. (2024). Frequency of purchasing luxury goods within a year among consumers in the Asia-Pacific region as of July 2024, by country or territory. Statista. Statista Inc.. Accessed: November 25, 2024. https://www.statista.com/statistics/1493906/apac-frequency-of-purchasing-luxury-goods-by-country/
Rakuten Insight. "Frequency of Purchasing Luxury Goods within a Year among Consumers in The Asia-pacific Region as of July 2024, by Country or Territory." Statista, Statista Inc., 3 Sep 2024, https://www.statista.com/statistics/1493906/apac-frequency-of-purchasing-luxury-goods-by-country/
Rakuten Insight, Frequency of purchasing luxury goods within a year among consumers in the Asia-Pacific region as of July 2024, by country or territory Statista, https://www.statista.com/statistics/1493906/apac-frequency-of-purchasing-luxury-goods-by-country/ (last visited November 25, 2024)
Frequency of purchasing luxury goods within a year among consumers in the Asia-Pacific region as of July 2024, by country or territory [Graph], Rakuten Insight, September 3, 2024. [Online]. Available: https://www.statista.com/statistics/1493906/apac-frequency-of-purchasing-luxury-goods-by-country/