According to a survey from the fourth quarter of 2024, 75.7 percent of affluent consumers in Asia made multiple purchases related to wealth management in the past year. In comparison, art and collectible purchases were the least common, with 56.6 percent of the surveyed consumers not making a single purchase in the past year.
Frequency of affluent consumers who purchased luxury products in the past year in Asia as of the 4th quarter of 2024, by product category
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Frequency of affluent consumers who purchased luxury products in the past year in Asia as of the 4th quarter of 2024, by product category
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affluent and high net worth individuals from China, Hong Kong, Japan, and Singapore
Supplementary notes
This 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. (January 1, 2025). Frequency of affluent consumers who purchased luxury products in the past year in Asia as of the 4th quarter of 2024, by product category [Graph]. In Statista. Retrieved March 12, 2025, from https://www.statista.com/statistics/1299644/asia-luxury-product-purchase-frequency-by-category/
Altiant. "Frequency of affluent consumers who purchased luxury products in the past year in Asia as of the 4th quarter of 2024, by product category." Chart. January 1, 2025. Statista. Accessed March 12, 2025. https://www.statista.com/statistics/1299644/asia-luxury-product-purchase-frequency-by-category/
Altiant. (2025). Frequency of affluent consumers who purchased luxury products in the past year in Asia as of the 4th quarter of 2024, by product category. Statista. Statista Inc.. Accessed: March 12, 2025. https://www.statista.com/statistics/1299644/asia-luxury-product-purchase-frequency-by-category/
Altiant. "Frequency of Affluent Consumers Who Purchased Luxury Products in The past Year in Asia as of The 4th Quarter of 2024, by Product Category." Statista, Statista Inc., 1 Jan 2025, https://www.statista.com/statistics/1299644/asia-luxury-product-purchase-frequency-by-category/
Altiant, Frequency of affluent consumers who purchased luxury products in the past year in Asia as of the 4th quarter of 2024, by product category Statista, https://www.statista.com/statistics/1299644/asia-luxury-product-purchase-frequency-by-category/ (last visited March 12, 2025)
Frequency of affluent consumers who purchased luxury products in the past year in Asia as of the 4th quarter of 2024, by product category [Graph], Altiant, January 1, 2025. [Online]. Available: https://www.statista.com/statistics/1299644/asia-luxury-product-purchase-frequency-by-category/
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