B
Evidence Grade B
Graded
accuracy verified by the review judge
Safe to Cite
Recent
70%
70% -- luxury market share for Millennials and Gen Z luxury consumers (2025)
Millennials and Gen Z are projected to make up 70% of the luxury market by 2025.
- projection/expectation
Attribution:
View source
Lighthouse Research Team
Last verified:
·
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Source verified
Evidence graded
Value
70%
Unit
Percentage
Data Vintage
2025
Entity
Evidence Quality
B
Strong, reliable evidence
Sourced from a well-regarded research firm or industry leader with transparent methodology and a reasonably large sample.
Single source - not yet corroborated
Score breakdown
Extraction
50
Source Trust
60
Citation Chain
20
Independence
30
Methodology
45
Freshness
95
Source
retailnext.net
Primary
Tier C
https://retailnext.net/resources/blog/tracking-the-evolution-of-luxury-retail ↗
Source Article
Luxury Retail Evolution: Store Experience and Data
Apparel & Footwear Jewelry Department Stores Specialty Retail
May 14, 2024 · Ashton Kirsten · 8 min read
When the Covid-19 pandemic began, the luxury sector took a significant hit. According to Statista data, numerous businesses suffered due to limited international travel, lockdowns, and decreased …
Original Research
retailnext.net
· Original study ↗
Methodology
Projected share of the luxury market; original study not explicitly named in article (figure is consistent with Bain & Company Luxury Study forecasts)
Methodology documented
Segmentation
Industrymarketing
Cite this stat
Plain Text
Millennials and Gen Z luxury consumers: 70% luxury market share. Source: retailnext.net (2025). Via Lighthouse Intelligence -- https://lighthousedata.io/data/gen-z-millennial-luxury-market-share-2025
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<blockquote cite="https://lighthousedata.io/data/gen-z-millennial-luxury-market-share-2025" style="border-left:3px solid #2563eb;padding:12px 16px;margin:16px 0;font-family:system-ui,sans-serif;background:#f0f4ff;"><strong>70%</strong> -- luxury market share for Millennials and Gen Z luxury consumers<br><small>Source: retailnext.net (2025) · <a href="https://lighthousedata.io/data/gen-z-millennial-luxury-market-share-2025" target="_blank" rel="noopener">Lighthouse Intelligence</a></small></blockquote>
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