High streets 2024 ENG

HIGH STREETS IN WARSAW | DISCOVER THE POTENTIAL OF HIGH STREETS IN WARSAW

17

© 2024 CBRE

Photo 5: Food Town Norblina

According to the dictionary definition, a luxury good is a good for which demand grows faster than income growth.** With the observed increase in wealth over time, the group of potential consumers of luxury goods is constantly growing.

According to data from Credit Suisse***, the value of assets per adult in Poland amounted to almost PLN 53,000 USD in 2022, while 10 years earlier (2012) the corresponding value was close to 33,000 USD. Since 2018, we have observed an upward trend.

Chart 5: Wealth of an adult in Poland over the years 2000-2022

60 000

50 000

40 000

USD

30 000

20 000

10 000

0

Source: „Global Wealth Databook 2023”, Credit Suisse

With the observed increase in wealth over time, the group of potential consumers of luxury goods is constantly growing.

**Encyclopedia PWN ***”Global Wealth Databook 2023”