According to a survey by Rakuten Insight in July 2024, quality was the main influencing factor for 55 percent of respondents in Malaysia for choosing to purchase a luxury item. This was followed by design and brand value. The same survey revealed that Malaysian respondents mostly purchase luxury clothing.
Leading influencing factors to purchase luxury goods in Malaysia as of July 2024
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Rakuten Insight. (September 3, 2024). Leading influencing factors to purchase luxury goods in Malaysia as of July 2024 [Graph]. In Statista. Retrieved October 11, 2024, from https://www.statista.com/statistics/1493693/malaysia-influencing-factors-to-purchase-luxury-goods/
Rakuten Insight. "Leading influencing factors to purchase luxury goods in Malaysia as of July 2024." Chart. September 3, 2024. Statista. Accessed October 11, 2024. https://www.statista.com/statistics/1493693/malaysia-influencing-factors-to-purchase-luxury-goods/
Rakuten Insight. (2024). Leading influencing factors to purchase luxury goods in Malaysia as of July 2024. Statista. Statista Inc.. Accessed: October 11, 2024. https://www.statista.com/statistics/1493693/malaysia-influencing-factors-to-purchase-luxury-goods/
Rakuten Insight. "Leading Influencing Factors to Purchase Luxury Goods in Malaysia as of July 2024." Statista, Statista Inc., 3 Sep 2024, https://www.statista.com/statistics/1493693/malaysia-influencing-factors-to-purchase-luxury-goods/
Rakuten Insight, Leading influencing factors to purchase luxury goods in Malaysia as of July 2024 Statista, https://www.statista.com/statistics/1493693/malaysia-influencing-factors-to-purchase-luxury-goods/ (last visited October 11, 2024)
Leading influencing factors to purchase luxury goods in Malaysia as of July 2024 [Graph], Rakuten Insight, September 3, 2024. [Online]. Available: https://www.statista.com/statistics/1493693/malaysia-influencing-factors-to-purchase-luxury-goods/