• About us
  • Contact us
  • Our team
  • Terms of Service
Sunday, May 24, 2026
Kashmir Images - Latest News Update
Epaper
  • TOP NEWS
  • CITY & TOWNS
  • LOCAL
  • BUSINESS
  • NATION
  • WORLD
  • SPORTS
  • OPINION
    • EDITORIAL
    • ON HERITAGE
    • CREATIVE BEATS
    • INTERALIA
    • WIDE ANGLE
    • OTHER VIEW
    • ART SPACE
  • Photo Gallery
  • CARTOON
  • EPAPER
No Result
View All Result
Kashmir Images - Latest News Update
No Result
View All Result
Home TOP NEWS

Gen Z to drive USD 1.3 trillion spending in India by 2030: Report

Press Trust of india by Press Trust of india
March 16, 2026
in TOP NEWS
A A
0
FacebookTwitterWhatsapp

New Delhi:  By 2030, Gen Z will comprise 27 per cent of India’s population and will command USD 1.3 trillion in consumption, reshaping consumer markets with a focus on experiences, sustainability and digital convenience, according to a report by Redseer Strategy Consultants.

The report, titled “Gen Z: Defining Trends, Influencing Spends,” analyses how this demographic, born between 1997 and 2012, is prioritising value-driven choices.

More News

Anyone in administration or public life connected to drug trade will face strict action: LG

J&K govt imposes spending curbs, restricts official events

Attacking Govt over recruitment freeze, Sajad Lone says, one lakh jobs promise was a “LIE”

Load More

“Gen Z will occupy a greater share of the population, and command USD 1.3 trillion in consumption by 2030. This generation shuns labels, valuing inclusivity, self-expression and authenticity. Through this phase of self-discovery, they prioritise aesthetics and new experiences — all of which reflect in their behaviour as consumers,” the report noted.

Gen Z’s emphasis on aesthetics is evident in their engagement with the beauty and personal care (BPC) sector. By 2030, this group is projected to account for nearly USD 19 billion share of India’s BPC market.

One in two Gen Z women allocates more than 20 per cent of their disposable income to BPC products. The average number of products used by this demographic has doubled, with separate routines for skin, hair, and body care.

Their product choices prioritise solutions over specific ingredients, leading to reduced brand loyalty as they experiment with products tailored that better suit their needs.

Beauty trends among Gen Z have become genderless, with increasing numbers of young men adopting makeup and personal care regimes. Interest in men’s skincare has surged, as searches for “men’s skincare routine” rose 850 per cent over the past five years.

Men’s cosmetology and makeup is an emerging space, as more Gen Z men enhance their appearance through acne concealment, fillers, hair removal, and brow work.

Furthermore, Gen Z will drive half of the fashion (apparel, footwear and accessories) industry by 2030. Fast fashion items priced below Rs 1,000 remain the preferred choice. Although Gen Z has become the biggest user group on major fashion e-commerce sites in India, their average spend per purchase is roughly half that of the older cohort (millennials).

Fitness is another item on Gen Z’s priority list, with one-third of the cohort spending at least 20 per cent of their income on fitness and sports.

Athleisure sales have doubled year-on-year. Affordable sportswear on online marketplaces supports this trend, with six out of ten top-selling sports footwear brands priced between Rs 500 and 1,000.

Healthy eating trends fuel demand for alternative proteins, with 40 per cent of regularly exercising Gen Z preferring these sources. Protein supplement listings on quick commerce platforms grew 230 per cent between 2024 and 2025, reflecting strong demand in balanced nutrition.

“By 2030, Gen Z will drive USD 40 billion in fitness and sports consumption,” Redseer stated.

Previous Post

Police bust drug ring in Tangmarg

Next Post

CS reviews progress of land records digitisation in J&K

Press Trust of india

Press Trust of india

Related Posts

Anyone in administration or public life connected to drug trade will face strict action: LG

Anyone in administration or public life connected to drug trade will face strict action: LG
May 24, 2026

Srinagar: Lieutenant Governor Manoj Sinha on Saturday warned of strict legal action against anyone, whether in the administration or in...

Read moreDetails

J&K govt imposes spending curbs, restricts official events

AC extends Amnesty Scheme-2022 for domestic consumers of electricity till March 2025
May 24, 2026

Srinagar: The Jammu and Kashmir government has announced a series of expenditure-control measures aimed at ensuring fiscal discipline, imposing restrictions...

Read moreDetails

Attacking Govt over recruitment freeze, Sajad Lone says, one lakh jobs promise was a “LIE”

NC gifted 7 MLAs to BJP in RS polls : Sajad Lone
May 24, 2026

Srinagar: Jammu and Kashmir Peoples Conference President and MLA Handwara Sajad Lone on Saturday denounced the NC-led government over the...

Read moreDetails

Petrol, diesel, CNG prices hiked again; rates jump nearly Rs 5/litre in 10 days

Petrol, diesel prices cut by 9 paise each
May 24, 2026

New Delhi: Petrol and diesel prices were raised by 87-91 paise per litre on Saturday, taking the cumulative increase in...

Read moreDetails

OMCs ensuring uninterrupted fuel supply amid demand surge in J-K: Official

Petrol price hit highest level under BJP govt, diesel at record high
May 24, 2026

Jammu: Public sector oil marketing companies (OMCs) are ensuring uninterrupted availability of petrol, diesel and LPG across Jammu and Kashmir...

Read moreDetails

Encounter breaks out in Rajouri during major search ops

VDGs want automatic weapons, enhanced allowances
May 24, 2026

Jammu: An encounter broke out between security forces and terrorists on Saturday following a major cordon-and-search operation in Rajouri district...

Read moreDetails
Next Post
Chief Secy reviews Mission YUVA progress across J&K districts

CS reviews progress of land records digitisation in J&K

  • About us
  • Contact us
  • Our team
  • Terms of Service
E-Mailus: kashmirimages123@gmail.com

© 2025 Kashmir Images - Designed by GITS.

No Result
View All Result
  • TOP NEWS
  • CITY & TOWNS
  • LOCAL
  • BUSINESS
  • NATION
  • WORLD
  • SPORTS
  • OPINION
    • EDITORIAL
    • ON HERITAGE
    • CREATIVE BEATS
    • INTERALIA
    • WIDE ANGLE
    • OTHER VIEW
    • ART SPACE
  • Photo Gallery
  • CARTOON
  • EPAPER

© 2025 Kashmir Images - Designed by GITS.