According to a survey conducted in South Korea in November 2022 among male luxury shoppers, around one in four respondents in their twenties answered they spent between 300,000 and 500,000 South Korean won on luxury goods during the previous year. Despite almost half of the respondents in their twenties spending less than 500,000 won on luxury articles that year, the average expenses of that age group amounted to roughly 1.3 million won.
Average spending on luxury brand articles during the last year among men in South Korea as of November 2022, by age
(in South Korean won)
in South Korean won
20 to 29 years old
30 to 39 years old
40 to 49 years old
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Opensurvey. (November 28, 2022). Average spending on luxury brand articles during the last year among men in South Korea as of November 2022, by age (in South Korean won) [Graph]. In Statista. Retrieved August 24, 2024, from https://www.statista.com/statistics/1374233/south-korea-average-luxury-shopping-spending-among-men-by-age/
Opensurvey. "Average spending on luxury brand articles during the last year among men in South Korea as of November 2022, by age (in South Korean won)." Chart. November 28, 2022. Statista. Accessed August 24, 2024. https://www.statista.com/statistics/1374233/south-korea-average-luxury-shopping-spending-among-men-by-age/
Opensurvey. (2022). Average spending on luxury brand articles during the last year among men in South Korea as of November 2022, by age (in South Korean won). Statista. Statista Inc.. Accessed: August 24, 2024. https://www.statista.com/statistics/1374233/south-korea-average-luxury-shopping-spending-among-men-by-age/
Opensurvey. "Average Spending on Luxury Brand Articles during The Last Year among Men in South Korea as of November 2022, by Age (in South Korean Won)." Statista, Statista Inc., 28 Nov 2022, https://www.statista.com/statistics/1374233/south-korea-average-luxury-shopping-spending-among-men-by-age/
Opensurvey, Average spending on luxury brand articles during the last year among men in South Korea as of November 2022, by age (in South Korean won) Statista, https://www.statista.com/statistics/1374233/south-korea-average-luxury-shopping-spending-among-men-by-age/ (last visited August 24, 2024)
Average spending on luxury brand articles during the last year among men in South Korea as of November 2022, by age (in South Korean won) [Graph], Opensurvey, November 28, 2022. [Online]. Available: https://www.statista.com/statistics/1374233/south-korea-average-luxury-shopping-spending-among-men-by-age/