Main reasons to purchase goods in bulk due to COVID-19 in South Korea 2020, by gender

Published by Statista Research Department, Jun 25, 2024

According to a survey by Rakuten Insight on panic buying after the coronavirus outbreak in South Korea in 2020, the top reason for bulk buying items was the concern that such items would soon be sold out. The second leading reason was the concern that oneself or one's household would be quarantined due to a coronavirus outbreak, and so one would be unable to purchase groceries. Of the nearly ten thousand South Koreans surveyed, a mere 15.4 percent of respondents said they had engaged in panic buying.

Leading reasons to buy goods in bulk due to coronavirus (COVID-19) in South Korea in 2020, by gender

Characteristic	Male	Female
I am afraid that the supermarket/shops would run out of these items soon	40.79%	48.55%
I think I/my household might be quarantined soon and would not be able to buy groceries	29.68%	25.22%
I am buying for other family members/friends not in my household	13.6%	9.84%
I was influenced by the other shoppers	12.72%	14.25%
Others	3.22%	2.14%

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Release date

May 2020

More information

Region

South Korea

Survey time period

April 9 to 30, 2020

Number of respondents

1,477 respondents

Age group

16 years and older

Special properties

among female and male respondents that engaged in panic buying

Method of interview

Online survey

Supplementary notes

Original question: What influenced you to buy these items in bulk?

The survey was conducted among 793 female and 684 male respondents.

Other surveyed countries included China, Hong Kong, India, Indonesia, Malaysia, Philippines, Singapore and Taiwan.

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