A survey about luxury consumption in China in 2022 found that around 41 percent of respondents bought preowned luxury items because they were cheaper. Around a third of respondents said used luxury items tended to require less care.
Leading reasons for purchasing second hand luxury goods in China as of September 2022
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199IT. (March 23, 2023). Leading reasons for purchasing second hand luxury goods in China as of September 2022 [Graph]. In Statista. Retrieved November 03, 2024, from https://www.statista.com/statistics/1393604/china-reasons-for-buying-second-hand-luxury-goods/
199IT. "Leading reasons for purchasing second hand luxury goods in China as of September 2022." Chart. March 23, 2023. Statista. Accessed November 03, 2024. https://www.statista.com/statistics/1393604/china-reasons-for-buying-second-hand-luxury-goods/
199IT. (2023). Leading reasons for purchasing second hand luxury goods in China as of September 2022. Statista. Statista Inc.. Accessed: November 03, 2024. https://www.statista.com/statistics/1393604/china-reasons-for-buying-second-hand-luxury-goods/
199IT. "Leading Reasons for Purchasing Second Hand Luxury Goods in China as of September 2022." Statista, Statista Inc., 23 Mar 2023, https://www.statista.com/statistics/1393604/china-reasons-for-buying-second-hand-luxury-goods/
199IT, Leading reasons for purchasing second hand luxury goods in China as of September 2022 Statista, https://www.statista.com/statistics/1393604/china-reasons-for-buying-second-hand-luxury-goods/ (last visited November 03, 2024)
Leading reasons for purchasing second hand luxury goods in China as of September 2022 [Graph], 199IT, March 23, 2023. [Online]. Available: https://www.statista.com/statistics/1393604/china-reasons-for-buying-second-hand-luxury-goods/
