The luxury goods market in Poland has been developing dynamically. 'Luxury in Poland' does not mean, however, that the rich Poles buy airplanes. Luxury goods in our country are rather cars worth min. 215 thousand PLN or watches for more than 6 thousand PLN.
The market has been growing, because the Poles have been getting richer. Currently, there is approximately 1 million of wealthy and rich Poles. In the report, wealthy individuals were considered those who earn a monthly income of 7,1-10 thousand PLN gross, very wealthy - those who earn 10-20 thousand PLN gross, and rich with more than 20 thousand PLN gross per month.
41.1 thousand Poles can be categorised as the richest, meaning HNWI (High Net Worth Individuals). Their net assets are estimated at 1-5 million dollars.
The majority of wealthy and rich Poles live in Mazowieckie, Silesian and Lower Silesian voivodeships.
Poland is still far behind the luxury of Western countries. Tomasz Wiśniewski - the co-author of the KPMG report points out, however, that it must be remembered that Polish history did not favour the building of fortunes for a long period of time. In the United Kingdom, France, and Germany, a significant part of the rich inherited fortunes, whereas the Poles have to generate them themselves.