Gen Z to drive $1.3 tn spending by 2030
A report by Redseer Strategy Consultants projects that India's Gen Z population will account for $1.3 trillion in consumption by 2030, comprising 27% of India's population and reshaping consumer markets across beauty, fashion, fitness, and food sectors. The generation prioritizes experiences, sustainability, digital convenience, and value-driven choices, with significant spending in beauty and personal care projected at $19 billion. Gen Z is also poised to drive half of India's fashion industry
Gen Z India consumer spending market trends beauty industry
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Gen Z to drive $1.3 tn spending by 2030
Economic Times India —