According to the results of a survey ran among affluent and high net worth individuals in the first quarter of 2024, almost half of consumers in North America have made multiple purchases of luxury leather goods (e.g. handbags, wallets, briefcases) in the past year. This reflects a decrease from the previous quarter's results, where 60 percent of respondents indicated that they had made multiple such purchases.
Frequency of luxury leather goods purchases among affluent consumers in North America from 4th quarter 2020 to 1st quarter 2024
The survey question was phrased by the source as follows: "In which of the following categories have you purchased a luxury brand or service within the past year?"
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Altiant. (April 1, 2024). Frequency of luxury leather goods purchases among affluent consumers in North America from 4th quarter 2020 to 1st quarter 2024 [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1281138/luxury-leather-goods-purchasing-frequency-north-america/
Altiant. "Frequency of luxury leather goods purchases among affluent consumers in North America from 4th quarter 2020 to 1st quarter 2024." Chart. April 1, 2024. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1281138/luxury-leather-goods-purchasing-frequency-north-america/
Altiant. (2024). Frequency of luxury leather goods purchases among affluent consumers in North America from 4th quarter 2020 to 1st quarter 2024. Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1281138/luxury-leather-goods-purchasing-frequency-north-america/
Altiant. "Frequency of Luxury Leather Goods Purchases among Affluent Consumers in North America from 4th Quarter 2020 to 1st Quarter 2024." Statista, Statista Inc., 1 Apr 2024, https://www.statista.com/statistics/1281138/luxury-leather-goods-purchasing-frequency-north-america/
Altiant, Frequency of luxury leather goods purchases among affluent consumers in North America from 4th quarter 2020 to 1st quarter 2024 Statista, https://www.statista.com/statistics/1281138/luxury-leather-goods-purchasing-frequency-north-america/ (last visited December 22, 2024)
Frequency of luxury leather goods purchases among affluent consumers in North America from 4th quarter 2020 to 1st quarter 2024 [Graph], Altiant, April 1, 2024. [Online]. Available: https://www.statista.com/statistics/1281138/luxury-leather-goods-purchasing-frequency-north-america/
