India - reasons against stockpiling after coronavirus outbreak by age 2020

According to a survey by Rakuten Insight on panic buying after the coronavirus outbreak, 48 percent of Indian respondents aged 55 and above stated that they did not stock up on items because it was not socially responsible to hoard food and essential items. 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 not to buy goods in bulk due to coronavirus (COVID-19) in India in 2020, by age

Characteristic	16 to 24 years old	25 to 34 years old	35 to 44 years old	45 to 54 years old	55 years and older
I do not think it is socially responsible to hoard food and essential items during this time	34%	35%	39%	44%	48%
I trust that there would be enough supplies in the supermarket	41%	47%	46%	43%	38%
I have enough food items at home	14%	12%	10%	9%	11%
I would if I had space to store the items	3%	3%	2%	2%	2%
Others	7%	4%	3%	2%	1%

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Release date

May 2020

More information

Region

India

Survey time period

April 9 to 30, 2020

Number of respondents

12,055 respondents

Age group

16 years and older

Special properties

among 3,300 female and 8,755 male respondents that did not engage in panic buying

Method of interview

Online survey

Supplementary notes

Original question: Why did you decide not to bulk buy during this time?

The survey was conducted among
5,029 respondents aged 16 to 24 years,
3,935 respondents aged 25 to 34 years,
1,861 respondents aged 35 to 44 years,
742 respondents aged 45 to 54 years and
488 respondents aged 55 years and older.

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