Millennials and Gen Z Accounted for All of the Luxury Market’s Growth Last Year, a New Report Says

ایران اخبار اخبار

Millennials and Gen Z Accounted for All of the Luxury Market’s Growth Last Year, a New Report Says
ایران آخرین اخبار,ایران سرفصلها

Younger generations (Y, Z, and Alpha) will represent 80 percent of luxury purchases by 2030.

  • 📰 RobbReport
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 63%

and Gen Alpha’s spending is predicted to grow three times faster than older generations, making up a third of the market by 2030. This reflects a “more precocious attitude toward luxury,” according to the report. Gen Z shoppers are starting to buy luxury items three to five years earlier than millennials did . Gen Alpha is expected to behave in a similar way.

Much of this is credited to the fact that young people have more access to luxury goods through online marketplaces. Digital credit companies like Klarna have made it easier to finance big-ticket items, while cryptocurrency and NFTs have made the luxury industry more enticing to the young.

این خبر را خلاصه کرده ایم تا بتوانید سریع آن را بخوانید. اگر به خبر علاقه مند هستید، می توانید متن کامل را اینجا بخوانید. ادامه مطلب:

RobbReport /  🏆 309. in İR
 

That's not reporting, that's math

ایران آخرین اخبار, ایران سرفصلها



Render Time: 2025-01-20 00:24:31