According to a survey by Rakuten Insight on panic buying after the coronavirus outbreak, 38 percent of Malaysian respondents aged 55 years and older 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, 77 percent of respondents indicated that they had not engaged in panic buying because of the coronavirus pandemic, while 23 percent of respondents did.
Leading reasons to buy goods in bulk due to coronavirus (COVID-19) among respondents in Malaysia 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
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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 1,630 female and 1,036 male respondents.
The survey was conducted among
507 respondents aged 16 to 24 years,
1,189 respondents aged 25 to 34 years,
705 respondents aged 35 to 44 years,
200 respondents aged 45 to 54 years and
65 respondents aged 55 years and older.
Other surveyed countries included China, Hong Kong, India, Vietnam, Korea, Indonesia, Philippines, Singapore and Taiwan.
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Rakuten Insight. (May 8, 2020). Leading reasons to buy goods in bulk due to coronavirus (COVID-19) among respondents in Malaysia in 2020, by age [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1120642/malaysia-drivers-for-stockpiling-after-coronavirus-outbreak-by-age/
Rakuten Insight. "Leading reasons to buy goods in bulk due to coronavirus (COVID-19) among respondents in Malaysia in 2020, by age." Chart. May 8, 2020. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1120642/malaysia-drivers-for-stockpiling-after-coronavirus-outbreak-by-age/
Rakuten Insight. (2020). Leading reasons to buy goods in bulk due to coronavirus (COVID-19) among respondents in Malaysia in 2020, by age. Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1120642/malaysia-drivers-for-stockpiling-after-coronavirus-outbreak-by-age/
Rakuten Insight. "Leading Reasons to Buy Goods in Bulk Due to Coronavirus (Covid-19) among Respondents in Malaysia in 2020, by Age." Statista, Statista Inc., 8 May 2020, https://www.statista.com/statistics/1120642/malaysia-drivers-for-stockpiling-after-coronavirus-outbreak-by-age/
Rakuten Insight, Leading reasons to buy goods in bulk due to coronavirus (COVID-19) among respondents in Malaysia in 2020, by age Statista, https://www.statista.com/statistics/1120642/malaysia-drivers-for-stockpiling-after-coronavirus-outbreak-by-age/ (last visited July 22, 2024)
Leading reasons to buy goods in bulk due to coronavirus (COVID-19) among respondents in Malaysia in 2020, by age [Graph], Rakuten Insight, May 8, 2020. [Online]. Available: https://www.statista.com/statistics/1120642/malaysia-drivers-for-stockpiling-after-coronavirus-outbreak-by-age/