The Paradox of Sustainability and Luxury Consumption: The Role of Value Perceptions and Consumer Income
Abstract
:1. Introduction
2. Literature Review
2.1. Signaling Theory
2.2. Sustainable Luxury Paradox
2.3. Luxury Value Perceptions
2.4. Consumer Income
3. Hypothesis Development
3.1. The Relationship between Luxury Value Perceptions and Sustainable Luxury Consumption
3.2. The Moderating Role of Consumer Income
3.3. Discriminating between Heavy and Light Sustainable Luxury Consumers
4. Materials and Methods
4.1. Measurement and Questionnaire Design
4.2. Sampling and Data Collection
4.3. Data Analysis
5. Results
5.1. Profiles of the Respondents
5.2. Reliability Analysis
5.3. Direct Effects
5.4. Moderating Effects
5.5. Discriminant Analysis
6. Discussion and Conclusions
6.1. Implications
6.2. Limitations and Future Research
Author Contributions
Funding
Institutional Review Board Statement
Informed Consent Statement
Conflicts of Interest
References
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Study | Aim | Design | Findings |
---|---|---|---|
Cervellon and Shammas [2] | To explore sustainable luxury values across four developed markets: France, Italy, the UK, and Canada. | Qualitative study | Sustainable luxury value perceptions include three categories: eco-centered (doing good, not doing harm), sociocultural (belonging, conspicuousness, national identity), and ego-centered values (durable quality, hedonism, guilt-free pleasures). |
Hennigs et al. [3] | To develop a comprehensive framework of luxury sustainability values. | Conceptual study | Luxury sustainability consumer values are categorized as financial, functional, personal, and interpersonal. |
Ki and Kim [5] | To understand the role of consumers’ intrinsic values on sustainable luxury purchase. | Quantitative study | Intrinsic values of seeking personal style and social consciousness, but not environmental consciousness, motivate sustainable luxury purchase. |
Wang et al. [6] | To examine how social values influence consumers’ sustainable luxury purchase intentions across the UK and China. | Quantitative study | The findings demonstrate that the need for hedonism motivates the purchase intentions of UK and Chinese consumers. Although the need for exclusivity has a positive association with purchasing intentions in the UK, the need for conformity has an inverse one. In contrast, these results are reversed in China. |
Jain [45] | To explore the key determinants of sustainable luxury fashion consumption. | Conceptual study | By integrating the theory of planned behavior and Schwartz’s value theory, the study classifies factors pertaining to sustainable luxury purchase intentions into four categories: culture, self-oriented values, others-oriented values, and economic value. |
Variables | Items | Source | |
---|---|---|---|
Research | Cronbach’s α | ||
Conspicuous Value | 1. Shopping for luxury items indicates a symbol of achievement. 2. Shopping for luxury items indicates a symbol of wealth. 3. Shopping for luxury items indicates a symbol of prestige. 4. Shopping for luxury items attracts attention. | Lee et al. [71] Shukla [51] | 0.869 0.850 |
Unique Value | 1. Luxury items cannot be mass-produced. 2. Luxury items are owned by few people 3. People who buy luxury items try to differentiate themselves from others. | Lee et al. [71] Wiedmann et al. [50] | 0.820 0.737 |
Social Value | 1. Buying luxury items improves the way I am perceived. 2. Buying luxury items makes a good impression on other people. 3. Buying luxury items helps me to feel accepted by others. 4. Buying luxury items brings me social approval. | Lee et al. [71] Seegebarth et al. [72] | 0.940 0.897 |
Emotional Value | 1. Buying luxury items gives me a lot of pleasure. 2. Buying luxury items provides deeper meaning in my life. 3. Buying luxury items enhances the quality of my life. | Lee et al. [71] Wiedmann et al. [50] | 0.838 0.759 |
Quality Value | 1. The superior quality is my major reason for buying luxury items. 2. I place emphasis on quality assurance over prestige when buying luxury items. 3. I am inclined to evaluate the substantive attributes and performance of luxury items rather than listening to the opinions of others. | Lee et al. [71] Vigneron and Johnson [35] | 0.818 0.870 |
Sustainable Luxury Consumption | 1. I buy luxury items that are timeless in style. 2. I buy luxury items that have long-lasting quality. 3. I buy luxury items that are sustainable. | Ki and Kim [5] | 0.848 |
Frequency | Percent | |
---|---|---|
Gender | ||
Male | 142 | 40.8 |
Female | 206 | 59.2 |
Total | 348 | 100 |
Nationality | ||
Qatari | 225 | 64.7 |
Non-Qatari | 123 | 35.3 |
Total | 348 | 100 |
Age | ||
18–24 | 66 | 19.0 |
25–34 | 183 | 52.6 |
35–44 | 72 | 20.7 |
45–54 | 19 | 5.5 |
55 and above | 8 | 2.3 |
Total | 348 | 100 |
Highest education level | ||
High school | 20 | 8.6 |
Bachelor’s degree | 206 | 59.2 |
Masters and above | 112 | 32.2 |
Total | 348 | 100 |
Monthly income | ||
Less than QAR 18,000 | 85 | 24.4 |
QAR 18,001–36,000 | 140 | 40.2 |
QAR 36,001–54,000 | 84 | 24.1 |
QAR 54,001–72,000 | 21 | 6.0 |
QAR 72,001–91,000 | 12 | 3.4 |
QAR 91,001 and above | 6 | 1.7 |
Total | 348 | 100 |
Frequency | Percent | |
---|---|---|
Product category | ||
Clothing | 227 | 19.2 |
Footwear | 211 | 17.8 |
Bags | 231 | 19.5 |
Jewelry | 153 | 12.5 |
Watches | 140 | 11.8 |
Accessories (e.g., sunglasses, hats, wallets, belts, scarves, ties) | 223 | 18.8 |
Total | 348 | 100 |
Brand category | ||
Accessible brands | 79 | 22.7 |
Intermediate brands | 50 | 14.4 |
Inaccessible brands | 219 | 62.9 |
Total | 348 | 100 |
Consumption level | ||
Light luxury consumer | 146 | 42.0 |
Regular luxury consumer | 148 | 42.5 |
Heavy luxury consumer | 54 | 15.5 |
Total | 348 | 100 |
Variables | Mean | SD | Cronbach’s α | No. of Items |
---|---|---|---|---|
Conspicuous value | 3.661 | 1.009 | 0.859 | 4 |
Unique value | 3.433 | 0.893 | 0.783 | 3 |
Social value | 3.858 | 0.916 | 0.871 | 4 |
Emotional value | 3.456 | 1.143 | 0.847 | 3 |
Quality value | 3.776 | 0.959 | 0.855 | 3 |
Sustainable luxury consumption | 3.929 | 0.866 | 0.783 | 3 |
Variables | Beta Coefficients | t-Value (p-Value) |
---|---|---|
Constant | 8.478 (0.000) | |
Conspicuous value | 0.149 | 2.567 (0.011) |
Unique value | 0.424 | 8.502 (0.000) |
Social value | 0.182 | 4.021 (0.000) |
Emotional value | −0.275 | −4.686 (0.000) |
Quality value | 0.350 | 7.350 (0.000) |
R | 0.696 | |
R2 | 0.485 | |
AR2 | 0.477 | |
F(sig) | 61.942 (0.000) |
Variables | B | t-Value | Sig. |
---|---|---|---|
Constant | 6.608 | 0.000 | |
Conspicuous value | 0.040 | 0.542 | 0.588 |
Unique value | 0.355 | 5.585 | 0.000 |
Social value | 0.241 | 4.243 | 0.000 |
Emotional value | −0.183 | −2.568 | 0.011 |
Quality value | 0.351 | 6.034 | 0.000 |
Monthly income | 0.137 | 0.638 | 0.524 |
Conspicuous value × Monthly income | 0.310 | 1.388 | 0.166 |
Unique value × Monthly income | 0.395 | 1.970 | 0.050 |
Social value × Monthly income | −0.169 | −0.837 | 0.403 |
Emotional value × Monthly income | −0.234 | −1.197 | 0.232 |
Quality value × Monthly income | −0.136 | −0.657 | 0.512 |
R | 0.695 | ||
R2 | 0.483 | ||
AR2 | 0.465 | ||
F(sig) | 27.637 (0.000) |
Discriminant Variables | Value | Rank | Mean Values | ||
---|---|---|---|---|---|
Heavy Sustainable Luxury Consumer | Light Sustainable Luxury Consumer | Dif. | |||
Conspicuous value | 0.371 * | 4 | 3.830 | 3.350 | 0.480 |
Unique value | 0.729 * | 2 | 3.659 | 3.014 | 0.645 |
Social value | 0.535 * | 3 | 4.033 | 3.533 | 0.500 |
Emotional value | 0.306 * | 5 | 3.584 | 3.219 | 0.365 |
Quality value | 0.781 * | 1 | 4.035 | 3.298 | 0.737 |
Eigenvalue | 0.255 | ||||
Canonical correlation | 0.451 | ||||
Wilk’s lambda | 0.797 | ||||
Chi-square | 78.218 | ||||
Significance | 0.000 |
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Alghanim, S.; Ndubisi, N.O. The Paradox of Sustainability and Luxury Consumption: The Role of Value Perceptions and Consumer Income. Sustainability 2022, 14, 14694. https://doi.org/10.3390/su142214694
Alghanim S, Ndubisi NO. The Paradox of Sustainability and Luxury Consumption: The Role of Value Perceptions and Consumer Income. Sustainability. 2022; 14(22):14694. https://doi.org/10.3390/su142214694
Chicago/Turabian StyleAlghanim, Sara, and Nelson Oly Ndubisi. 2022. "The Paradox of Sustainability and Luxury Consumption: The Role of Value Perceptions and Consumer Income" Sustainability 14, no. 22: 14694. https://doi.org/10.3390/su142214694
APA StyleAlghanim, S., & Ndubisi, N. O. (2022). The Paradox of Sustainability and Luxury Consumption: The Role of Value Perceptions and Consumer Income. Sustainability, 14(22), 14694. https://doi.org/10.3390/su142214694