According to a survey from 2022, 63 percent of affluent consumers in Asia made multiple purchases related to wealth management in the past year. In comparison, automotive purchases were the least common, with 54.5 percent of the surveyed consumers not making a single purchase in the past year.
Frequency of affluent consumers who purchased luxury products in the past year in the Asia in 2022, by product category
affluent and high net worth individuals from China, Hong Kong, Japan, and Singapore
Supplementary notes
This question was phrased by the source as follows: "In which of the following categories have you purchased a luxury brand or service within the past year?"
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Altiant. (April 25, 2022). Frequency of affluent consumers who purchased luxury products in the past year in the Asia in 2022, by product category [Graph]. In Statista. Retrieved November 09, 2024, from https://www.statista.com/statistics/1299644/asia-luxury-product-purchase-frequency-by-category/
Altiant. "Frequency of affluent consumers who purchased luxury products in the past year in the Asia in 2022, by product category." Chart. April 25, 2022. Statista. Accessed November 09, 2024. https://www.statista.com/statistics/1299644/asia-luxury-product-purchase-frequency-by-category/
Altiant. (2022). Frequency of affluent consumers who purchased luxury products in the past year in the Asia in 2022, by product category. Statista. Statista Inc.. Accessed: November 09, 2024. https://www.statista.com/statistics/1299644/asia-luxury-product-purchase-frequency-by-category/
Altiant. "Frequency of Affluent Consumers Who Purchased Luxury Products in The past Year in The Asia in 2022, by Product Category." Statista, Statista Inc., 25 Apr 2022, https://www.statista.com/statistics/1299644/asia-luxury-product-purchase-frequency-by-category/
Altiant, Frequency of affluent consumers who purchased luxury products in the past year in the Asia in 2022, by product category Statista, https://www.statista.com/statistics/1299644/asia-luxury-product-purchase-frequency-by-category/ (last visited November 09, 2024)
Frequency of affluent consumers who purchased luxury products in the past year in the Asia in 2022, by product category [Graph], Altiant, April 25, 2022. [Online]. Available: https://www.statista.com/statistics/1299644/asia-luxury-product-purchase-frequency-by-category/
