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Share of age of first purchasing luxury goods among luxury consumers in China as of April 2023, by age group

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Sources

Release date

November 2023

Region

China

Survey time period

April 2022 to April 2023

Number of respondents

2,700 respondents

Age group

18-55 years

Citation formats

Age of first purchase of luxury goods among rich consumers China 2023, by age

Published by
Bruna Rocco,
Jul 4, 2024

According to a survey on luxury goods purchases between April 2022 and April 2023, approximately ** percent of mainland China consumers said that they bought their first luxury goods between the ages of 23 and 25. Meanwhile, nearly ** percent of the respondents started purchasing luxury goods before 30.

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Topics

Luxury goods market in the Asia-Pacific regionLuxury goods market in ChinaLuxury goods in EuropeRetail shopping behavior in ThailandShopping behavior in Japan
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