According to the results of a survey done among affluent and high net worth individuals in the first quarter of 2024, 44 percent of respondents aged 40 and over in North America had made multiple purchases of luxury leather goods (e.g. handbags, wallets, briefcases) in the past year. A higher share of 55 percent of younger resspondents had displayed this shopping behaviour.
Frequency of luxury leather goods purchases among affluent consumers in North America in the 1st quarter 2024, by age group
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 in the 1st quarter 2024, by age group [Graph]. In Statista. Retrieved November 23, 2024, from https://www.statista.com/statistics/1281161/luxury-leather-goods-purchasing-frequency-north-by-age-america/
Altiant. "Frequency of luxury leather goods purchases among affluent consumers in North America in the 1st quarter 2024, by age group." Chart. April 1, 2024. Statista. Accessed November 23, 2024. https://www.statista.com/statistics/1281161/luxury-leather-goods-purchasing-frequency-north-by-age-america/
Altiant. (2024). Frequency of luxury leather goods purchases among affluent consumers in North America in the 1st quarter 2024, by age group. Statista. Statista Inc.. Accessed: November 23, 2024. https://www.statista.com/statistics/1281161/luxury-leather-goods-purchasing-frequency-north-by-age-america/
Altiant. "Frequency of Luxury Leather Goods Purchases among Affluent Consumers in North America in The 1st Quarter 2024, by Age Group." Statista, Statista Inc., 1 Apr 2024, https://www.statista.com/statistics/1281161/luxury-leather-goods-purchasing-frequency-north-by-age-america/
Altiant, Frequency of luxury leather goods purchases among affluent consumers in North America in the 1st quarter 2024, by age group Statista, https://www.statista.com/statistics/1281161/luxury-leather-goods-purchasing-frequency-north-by-age-america/ (last visited November 23, 2024)
Frequency of luxury leather goods purchases among affluent consumers in North America in the 1st quarter 2024, by age group [Graph], Altiant, April 1, 2024. [Online]. Available: https://www.statista.com/statistics/1281161/luxury-leather-goods-purchasing-frequency-north-by-age-america/