Gen Z & Millennials’ Luxury Spending Priorities

Published 15 May 2023

2 min read

By 2030, Gen Zers and Alphas are expected to account for a third of luxury consumers worldwide, with some entering the market aged as young as 15. During 2023, experts predict a 21% rise in luxury sales, partly attributed to millennials and Gen Zers’ increased spending. We share two habits driving purchases.