What millennials and Gen Zs spend on most
ZALORA finds younger consumers are becoming more interested in sports-related products.
Younger consumers, such as millennials and Gen Zs are spending more on sports-related products, ZALORA reported.
In its Southeast Asia TRENDER Report 2022, ZALORA found that Gen Zs spent most on sports-related products (29%), and apparel (25%).
Read more: ZALORA, adidas partner to launch pop-up store in Singapore
Gen Z and Millennials also showed interest in footwear, particularly for sports, as younger consumers become more focused on fitness.
“Consumers across all ages are also investing in more sports-related products such as sports electronics, which enjoyed a positive growth of 15% from 2021 to 2022,” the report read in part. “This reflects how wellness remains a top priority in a post-pandemic world.”
Moreover, skin care products remain popular amongst female Gen Zs and fragrances amongst male Gen Zs.