Luxury goods renting among HNWI by age 2019

Published by
Tugba Sabanoglu,
Nov 1, 2021
A 2019 survey conducted among 484 high net worth individuals (HNWI) in the United Kingdom, United States, and France revealed that the consumers under 40 were more keen on renting or leasing luxury goods compared to their older counterparts. The most rented or leased luxury goods category for both age groups was designer fashion, with almost a fifth of surveyed HNWI under the age of 40 stating that they have rented or leased goods belonging to this category in 2018.

Share of high net worth individuals (HNWI) renting/leasing luxury goods in 2019, by age group

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Release date

November 2019

Region

France, United Kingdom, United States

Survey time period

Summer 2019

Number of respondents

484 respondents

Special properties

Affluent/High Net Worth Individuals

Supplementary notes

For the survey, three countries (UK, US, and France) which have well developed rental and/or second hand markets are selected.

The survey question was phrased by the source as follows: "Have you rented/leased luxury goods in any of these categories within the past year?"

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