Luxury goods industry, Gen Z and millennials

Statistics report on the luxury goods industry, Gen Z and millennials

Luxury goods industry, Gen Z and millennials

This report offers an overview of the luxury goods industry and how Gen Z and millennials engage with brands and values in the luxury space. The report opens with an overview chapter on the state of the industry before moving on the brand rankings, users' social media interactions with luxury brands, and leading sales channels for Gen Z and millennials' luxury purchases.

Download your Report

  We value your privacy and will never rent or sell your email address.

Privacy

Table of contents

Overview

5
  • Premium Statistic Share of the personal luxury goods market worldwide in 2023, by generation
  • Premium Statistic Share of the luxury goods market worldwide in 2023, by region
  • Premium Statistic Value of the luxury goods market worldwide by product category in 2023
  • Premium Statistic Value of the global personal luxury goods market 1996-2023
  • Premium Statistic Value of the online personal luxury goods market worldwide 2004-2023

Brand rankings

7
  • Premium Statistic Luxury brand awareness in China 2024, by age group
  • Premium Statistic Luxury brand awareness in Hong Kong 2024, by age group
  • Premium Statistic Most owned luxury brands in Japan 2024, by age
  • Premium Statistic Popular luxury brands in Japan 2024, by age
  • Premium Statistic Awareness of luxury brands South Korea 2024, by age
  • Premium Forecast Most popular luxury brands among millennials and Gen Z UK 2024
  • Premium Forecast Most popular luxury brands among millennials and Gen Z in the U.S. 2024

Attitudes towards luxury sector

7
  • Basic Statistic Willingness to spend more on luxury beauty among U.S. Gen Z and millennials 2023
  • Premium Statistic Luxury and beauty sector favorability among millennials in the U.S. 2020 to 2024
  • Premium Statistic Luxury and beauty sector favorability among Gen Z in the U.S. 2020 to 2024
  • Premium Forecast Importance of luxury/premium products by category among millennials in the U.S. 2024
  • Premium Forecast Importance of luxury/premium products by category among Gen Z in the U.S. 2024
  • Premium Statistic Millennials consumers' opinion on luxury brands accessibility in the U.S. 2021-2024
  • Premium Statistic Gen Z consumers' opinion on luxury brands accessibility in the U.S. 2024

Social media interactions

4
  • Premium Statistic Luxury consumers: social media activity related to brands Q1 2024, by age
  • Premium Statistic Purchases of luxury brands & services on social media in NA 2022-2024 by age
  • Premium Statistic Quarterly luxury shopping on social media platforms in Europe 2023-2024, by age group
  • Premium Statistic Behavior of luxury shoppers related to social media Asia 2023

Purchase channels

8
  • Premium Statistic Online luxury shopping in North America Q3 18 - Q1 24 by age
  • Premium Statistic Mobile users of online luxury shopping in North America 2021-2024, by age
  • Premium Statistic Quarterly online luxury shopping via computers in Europe 2018-2024, by age
  • Premium Statistic Online luxury shopping via mobiles and tablets in Europe 2024, by age
  • Premium Statistic Luxury goods shoppers' mobile audience share in the U.S. 2023, by age and gender
  • Premium Statistic Luxury goods shoppers' mobile audience share in the UK 2023, by age and gender
  • Premium Statistic Luxury goods shoppers' mobile audience share in France 2023, by age and gender
  • Premium Statistic Luxury goods shoppers' mobile audience share in Germany 2023, by age and gender
Report this content
FURTHER REPORTS

Recommended and recent reports

  • Organic dairy industry in Denmark
  • Chocolate in the United States
  • Dairy industry in Denmark
  • Nike
  • Cosmetics industry in the U.S.
  • DIY and home improvement market in the United Kingdom (UK)
  • Cosmetics industry worldwide
  • Sporting goods in the United States
  • Online shopping behavior in the United States
  • Millennials & Gen Z in the U.S.: Consumer goods and shopping behavior
  • ASOS
  • Meal kits in the U.S.
  • LVMH
  • Cosmetics market in Europe
  • Luxury goods market in China
  • Furniture market in the United Kingdom (UK)
  • Sainsbury group in the United Kingdom (UK)
  • Furniture market in Denmark
  • Sun care market in the U.S.
  • Milk market in the U.S.

Recommended statistics

You may also be interested in...

Statista report shop

Explore all Statista reports

We provide information on industries, companies, consumers, trends, countries, and politics, covering the latest and most important issues in a condensed format.

Statista report shop Go to reports

Contact

Get in touch with us. We are happy to help.
Statista Locations
Contact Meredith Alda
Meredith Alda
Sales Manager– Contact (United States)
Email
support@statista.com

Mon - Fri, 9am - 6pm (EST)

Contact Yolanda Mega
Yolanda Mega
Operations Manager– Contact (Asia)
Email
asia.support@statista.com

Mon - Fri, 9am - 5pm (SGT)

Contact Kisara Mizuno
Kisara Mizuno
Senior Business Development Manager– Contact (Asia)
Email
asia.support@statista.com

Mon - Fri, 10:00am - 6:00pm (JST)

Contact Lodovica Biagi
Lodovica Biagi
Director of Operations– Contact (Europe)
Email
eu.support@statista.com

Mon - Fri, 9:30am - 5pm (GMT)

Contact Carolina Dulin
Carolina Dulin
Group Director - LATAM– Contact (Latin America)
Email
latam@statista.com

Mon - Fri, 9am - 6pm (EST)

Menu