Praxis Global Alliance Unveils ‘Trendspotting: Generational Appeal’ at an industry event
May 06, 2025 | Bengaluru — Praxis Global Alliance, a leading management consulting firm, has released its flagship whitepaper, “Trendspotting: Generational Appeal,” at the an industry event ,
where it proudly served as the official Knowledge Partner. The
whitepaper, launched this April, provides a deep dive into how India's
Gen Z and Gen Alpha cohorts are redefining consumer behavior, brand
engagement, and the expectations shaping today’s marketplace.
With 1 in 5 Gen Z-ers globally living in India and the generation projected to form over 30% of the national workforce by 2030,
their impact on commerce, culture, and communication is both immediate
and profound. The report urges brands to realign strategies with the
values and preferences of these digitally native, purpose-driven
generations.
Highlights from the Report:
US$2.6 trillion in annual consumer spend is up for grabs—Gen Z is influencing a major chunk, particularly in wellness, experiences, and tech.
50% of Gen Z spend goes toward essentials, but 20% is on experiences like solo travel, live events, and dining—spending that Gen X rarely prioritized.
India’s preventive wellness market will triple by 2030, growing from US$179B in FY24 to US$532B. Gen Z is leading this boom through spends on fitness, diagnostics, mental wellness, and smart health tech.
Experience markets are growing fast—segments like concerts, sports, and sightseeing are seeing CAGR of 13–15%. Notably, 39% of ticket buyers for live events in FY24 were Gen Z, with 60% opting for BNPL services.
Speaking the launch of the whitepaper Madhur Singhal, Managing Partner, Consumer and Internet, Praxis Global Alliance said “India is witnessing
a seismic generational shift—Gen Z and Gen Alpha are no longer just
future consumers; they are shaping demand today, across every screen and
storefront. Their expectations go beyond utility—they seek meaning,
authenticity, and connection. Our latest whitepaper unpacks this
transformation and offers a bold, actionable framework for brands to
stay culturally relevant and commercially agile in a youth-led economy.”
Traditional
loyalty models are evolving, and Gen Z is leading that shift. This
generation places a strong emphasis on authenticity, resonating more
with brands that prioritize transparency, inclusivity, and purpose.
Their purchasing decisions are increasingly shaped by values and social
consciousness, making it important for brands to demonstrate
alignment with causes that matter. Gen Z also expects fluid, integrated
experiences across both digital and physical touchpoints—what’s
often referred to as “phygital.” Convenience, speed, and
personalization are no longer differentiators but standard expectations.
Moreover, today’s young consumers want to be active participants in the
brand journey—engaging, co-creating, and contributing to the
conversation. In response, Praxis recommends a refreshed 4Ps framework
tailored for this audience: Purpose over product, Perceived Value over price, Presence over place, and Participation over promotion.
About Praxis Global Alliance
Praxis
Global Alliance is the next-gen management consulting firm
revolutionizing how consulting projects are delivered. It delivers
practical solutions to the toughest business problems by uniquely
combining domain practitioner expertise,
AI-led research approaches, and digital technologies. The company
operates three business units, including Praxis Global Alliance
Financial Investor Group (FIG), offering pre-deal support, commercial
due diligence, post-acquisition value creation, Praxis Global Alliance
Business Enablement and Transformation (BET) for practitioner-led
business advisory and consulting, and PraxDigital™ delivering data engineering and analytics, AI, OpenData and visualization solutions to clients across verticals. Present in 4 locations in India,
Praxis Global Alliance has successfully served 40+ countries with a
team of over 200+ consultants and data scientists. Team Praxis works
with C-suite to the front-line executives across business streams,
helping them with end-to-end business enablement, organizational
transformation, and revenue maximization support in an agile
environment.
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