According to a survey by Rakuten Insight on panic buying after the coronavirus outbreak in South Korea in 2020, the top reason for bulk buying items was the concern that such items would soon be sold out. The second leading reason was the concern that oneself or one's household would be quarantined due to a coronavirus outbreak, and so one would be unable to purchase groceries. Of the nearly ten thousand South Koreans surveyed, a mere 15.4 percent of respondents said they had engaged in panic buying.
Leading reasons to buy goods in bulk due to coronavirus (COVID-19) in South Korea in 2020, by gender
Characteristic
Male
Female
I am afraid that the supermarket/shops would run out of these items soon
40.79%
48.55%
I think I/my household might be quarantined soon and would not be able to buy groceries
29.68%
25.22%
I am buying for other family members/friends not in my household
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Rakuten Insight. (May 8, 2020). Leading reasons to buy goods in bulk due to coronavirus (COVID-19) in South Korea in 2020, by gender [Graph]. In Statista. Retrieved October 10, 2024, from https://www.statista.com/statistics/1120390/south-korea-drivers-for-stockpiling-after-coronavirus-outbreak-by-gender/
Rakuten Insight. "Leading reasons to buy goods in bulk due to coronavirus (COVID-19) in South Korea in 2020, by gender." Chart. May 8, 2020. Statista. Accessed October 10, 2024. https://www.statista.com/statistics/1120390/south-korea-drivers-for-stockpiling-after-coronavirus-outbreak-by-gender/
Rakuten Insight. (2020). Leading reasons to buy goods in bulk due to coronavirus (COVID-19) in South Korea in 2020, by gender. Statista. Statista Inc.. Accessed: October 10, 2024. https://www.statista.com/statistics/1120390/south-korea-drivers-for-stockpiling-after-coronavirus-outbreak-by-gender/
Rakuten Insight. "Leading Reasons to Buy Goods in Bulk Due to Coronavirus (Covid-19) in South Korea in 2020, by Gender." Statista, Statista Inc., 8 May 2020, https://www.statista.com/statistics/1120390/south-korea-drivers-for-stockpiling-after-coronavirus-outbreak-by-gender/
Rakuten Insight, Leading reasons to buy goods in bulk due to coronavirus (COVID-19) in South Korea in 2020, by gender Statista, https://www.statista.com/statistics/1120390/south-korea-drivers-for-stockpiling-after-coronavirus-outbreak-by-gender/ (last visited October 10, 2024)
Leading reasons to buy goods in bulk due to coronavirus (COVID-19) in South Korea in 2020, by gender [Graph], Rakuten Insight, May 8, 2020. [Online]. Available: https://www.statista.com/statistics/1120390/south-korea-drivers-for-stockpiling-after-coronavirus-outbreak-by-gender/