Luxury consumers buying second-hand goods or renting by region Q1 2022
The results of a worldwide survey conducted with affluent consumers in the first quarter of 2022 revealed that approximately half of the luxury consumers residing in the Americas and EMEA (Europe, Middle East, and Africa) regions buy second-hand goods. This share was lower among consumers in the APAC (Asia Pacific) region, standing at 39 percent. Compared to second-hand buying, renting goods (e.g. clothes) was a significantly less popular purchasing trend.