According to a survey by Rakuten Insight on panic buying after the coronavirus outbreak, 53 percent of Singaporean respondents aged 55 years and older stated that they stocked up on items because they thought that the supermarkets and shops would run out of the items. In the same survey, 84 percent of respondents indicated that they had not engaged in panic buying because of the coronavirus pandemic, while 16 percent of respondents did.
Leading reasons to buy goods in bulk due to coronavirus (COVID-19) among respondents in Singapore in 2020, by age
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 544 female and 402 male respondents.
The survey was conducted among
111 respondents aged 16 to 24 years,
355 respondents aged 25 to 34 years,
301 respondents aged 35 to 44 years,
134 respondents aged 45 to 54 years and
45 respondents aged 55 years and older.
Other surveyed countries included China, Hong Kong, India, Indonesia, Korea, Malaysia, Philippines, Vietnam 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 Singapore in 2020, by age [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1120874/singapore-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 Singapore in 2020, by age." Chart. May 8, 2020. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1120874/singapore-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 Singapore in 2020, by age. Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1120874/singapore-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 Singapore in 2020, by Age." Statista, Statista Inc., 8 May 2020, https://www.statista.com/statistics/1120874/singapore-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 Singapore in 2020, by age Statista, https://www.statista.com/statistics/1120874/singapore-drivers-for-stockpiling-after-coronavirus-outbreak-by-age/ (last visited November 21, 2024)
Leading reasons to buy goods in bulk due to coronavirus (COVID-19) among respondents in Singapore in 2020, by age [Graph], Rakuten Insight, May 8, 2020. [Online]. Available: https://www.statista.com/statistics/1120874/singapore-drivers-for-stockpiling-after-coronavirus-outbreak-by-age/
