According to a survey conducted by Rakuten Insight in July 2024, around 31 percent of Hong Kong respondents reported making two to three luxury purchases per year. Meanwhile, 25 percent indicated they had never bought any luxury goods.
Frequency of consuming luxury goods in Hong Kong as of July 2024
This question was phrased by the source as follows: "How often do you buy luxury goods or high-end product within a year? (e.g. jewelry, cosmetics, watches, shoes, etc.)"
Among a total of 2,506 survey respondents, 1,533 were women and 973 were men.
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Rakuten Insight. (September 3, 2024). Frequency of consuming luxury goods in Hong Kong as of July 2024 [Graph]. In Statista. Retrieved October 04, 2024, from https://www.statista.com/statistics/1493869/hong-kong-purchase-frequency-of-luxury-goods/
Rakuten Insight. "Frequency of consuming luxury goods in Hong Kong as of July 2024." Chart. September 3, 2024. Statista. Accessed October 04, 2024. https://www.statista.com/statistics/1493869/hong-kong-purchase-frequency-of-luxury-goods/
Rakuten Insight. (2024). Frequency of consuming luxury goods in Hong Kong as of July 2024. Statista. Statista Inc.. Accessed: October 04, 2024. https://www.statista.com/statistics/1493869/hong-kong-purchase-frequency-of-luxury-goods/
Rakuten Insight. "Frequency of Consuming Luxury Goods in Hong Kong as of July 2024." Statista, Statista Inc., 3 Sep 2024, https://www.statista.com/statistics/1493869/hong-kong-purchase-frequency-of-luxury-goods/
Rakuten Insight, Frequency of consuming luxury goods in Hong Kong as of July 2024 Statista, https://www.statista.com/statistics/1493869/hong-kong-purchase-frequency-of-luxury-goods/ (last visited October 04, 2024)
Frequency of consuming luxury goods in Hong Kong as of July 2024 [Graph], Rakuten Insight, September 3, 2024. [Online]. Available: https://www.statista.com/statistics/1493869/hong-kong-purchase-frequency-of-luxury-goods/