According to a survey by Rakuten Insight on panic buying after the coronavirus outbreak, 36 percent of Indian respondents stated that they stocked up on items because they thought that they or their household might be quarantined and would therefore not be able to buy groceries. In the same survey, 61 percent of respondents indicated that they had not engaged in panic buying because of the coronavirus pandemic, while 39 percent of respondents did.
Leading reasons to buy goods in bulk due to coronavirus (COVID-19) in India in 2020
Characteristic
Share of respondents
I am afraid that the supermarket/shops would run out of these items soon
45%
I think I/my household might be quarantined soon and would not be able to buy groceries
36%
I am buying for other family members/friends not in my household
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Rakuten Insight. (May 8, 2020). Leading reasons to buy goods in bulk due to coronavirus (COVID-19) in India in 2020 [Graph]. In Statista. Retrieved November 04, 2024, from https://www.statista.com/statistics/1119143/india-drivers-for-stockpiling-after-coronavirus-outbreak/
Rakuten Insight. "Leading reasons to buy goods in bulk due to coronavirus (COVID-19) in India in 2020." Chart. May 8, 2020. Statista. Accessed November 04, 2024. https://www.statista.com/statistics/1119143/india-drivers-for-stockpiling-after-coronavirus-outbreak/
Rakuten Insight. (2020). Leading reasons to buy goods in bulk due to coronavirus (COVID-19) in India in 2020. Statista. Statista Inc.. Accessed: November 04, 2024. https://www.statista.com/statistics/1119143/india-drivers-for-stockpiling-after-coronavirus-outbreak/
Rakuten Insight. "Leading Reasons to Buy Goods in Bulk Due to Coronavirus (Covid-19) in India in 2020." Statista, Statista Inc., 8 May 2020, https://www.statista.com/statistics/1119143/india-drivers-for-stockpiling-after-coronavirus-outbreak/
Rakuten Insight, Leading reasons to buy goods in bulk due to coronavirus (COVID-19) in India in 2020 Statista, https://www.statista.com/statistics/1119143/india-drivers-for-stockpiling-after-coronavirus-outbreak/ (last visited November 04, 2024)
Leading reasons to buy goods in bulk due to coronavirus (COVID-19) in India in 2020 [Graph], Rakuten Insight, May 8, 2020. [Online]. Available: https://www.statista.com/statistics/1119143/india-drivers-for-stockpiling-after-coronavirus-outbreak/
