Reasons for luxury goods purchase India 2019

Published by A. Minhas, May 19, 2022
This statistic displays the results of a survey about the reasons for luxury goods purchases among Indians as of May 2019. According to the survey carried out by ProdegeMR, around 64 percent of respondents said they bought luxury goods because the products were of better quality.

Reasons for luxury goods purchase among Indians as of May 2019

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Release date

May 2019

Region

India

Survey time period

May 2019

Number of respondents

7,261 respondents

Method of interview

Online survey

Supplementary notes

The question was phrased by the source as follows: "Why do you buy luxury goods?"

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Overview

7

Segments

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Consumer behavior

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Sustainability

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