Average spending on luxury shopping among men South Korea 2022, by age
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.