Gen Z

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A luxurious designer handbag showcased in a sophisticated boutique window, symbolizing the booming global luxury market driven by millennial and Gen Z consumers.

Luxury Handbag Market Projected to Reach $44.9 Billion by 2035

The global luxury handbag market is set to nearly double, reaching $44.9 billion by 2035, driven by increasing disposable incomes and strong demand from millennial and Gen Z consumers.

Sebastian Duval·April 2, 2026