According to a survey from 2022, 28.6 percent of affluent consumers in Asia had intentions to spend less on automotive purchases in the next year. In comparison, 53.9 percent of the respondents planned to spend more on wealth management purchases.
Intention of affluent consumers to spend on luxury products in the next year in Asia in 2022, by product category
affluent and high net worth individuals from China, Hong Kong, Japan, and Singapore
Supplementary notes
This question was phrased by the source as follows: "Within these categories, please tell us if you expect to spend more or less in the next 12 months, compared to the last 12 months?"
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Altiant. (April 25, 2022). Intention of affluent consumers to spend on luxury products in the next year in Asia in 2022, by product category [Graph]. In Statista. Retrieved December 03, 2024, from https://www.statista.com/statistics/1311320/asia-luxury-product-spending-intention-by-category/
Altiant. "Intention of affluent consumers to spend on luxury products in the next year in Asia in 2022, by product category." Chart. April 25, 2022. Statista. Accessed December 03, 2024. https://www.statista.com/statistics/1311320/asia-luxury-product-spending-intention-by-category/
Altiant. (2022). Intention of affluent consumers to spend on luxury products in the next year in Asia in 2022, by product category. Statista. Statista Inc.. Accessed: December 03, 2024. https://www.statista.com/statistics/1311320/asia-luxury-product-spending-intention-by-category/
Altiant. "Intention of Affluent Consumers to Spend on Luxury Products in The next Year in Asia in 2022, by Product Category." Statista, Statista Inc., 25 Apr 2022, https://www.statista.com/statistics/1311320/asia-luxury-product-spending-intention-by-category/
Altiant, Intention of affluent consumers to spend on luxury products in the next year in Asia in 2022, by product category Statista, https://www.statista.com/statistics/1311320/asia-luxury-product-spending-intention-by-category/ (last visited December 03, 2024)
Intention of affluent consumers to spend on luxury products in the next year in Asia in 2022, by product category [Graph], Altiant, April 25, 2022. [Online]. Available: https://www.statista.com/statistics/1311320/asia-luxury-product-spending-intention-by-category/
