How overlooked Gen X is quietly driving trillions in global spend

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For years, Generation X has quietly driven global economic growth. Wedged between Millennials and Baby Boomers, Gen X (those born between 1965 and 1980) has often been seen as a transitional generation. Yet data from NIQ and World Data Lab show that this cohort is the most influential consumer group worldwide. With spending power projected to hit $23 trillion by 2035, Gen X is not only the highest-spending generation globally but also one of the most overlooked by marketers.

Despite this economic weight, Gen X remains underrepresented in targeted campaigns. In many industries, marketing dollars continue to focus on Millennials and Gen Z. This misalignment overlooks a group with stronger financial security, greater brand loyalty, and more decision-making authority both at home and professionally.

Spending power today and future projections (2025 to 2035)

By 2025, Gen X is expected to control about $15.2 trillion in global spending, outpacing Gen Z by an estimated 40 percent. By 2035, that number is forecast to rise to more than $23 trillion. These totals position Gen X as an economic engine, comparable in size to the entire U.S. consumer economy.

This financial influence has been growing since 2021, when Gen X surpassed all other generations in overall consumer spending. Unlike younger cohorts with evolving financial habits, Gen X’s economic behavior is grounded in established careers, asset ownership, and long-term planning. These are not first-time buyers. They are upgrading, refinancing, and investing with specific goals in mind.

Gen X as “caretaker consumers” and purchasing priorities

Gen X is often described as a “caretaker” generation, simultaneously supporting aging parents and raising children. This dual role shapes not just how much they spend but how they make decisions. They tend to favor convenience, practicality, and products that offer long-term value over trends or novelty.

Their preferences lean toward service quality, durability, and time-saving experiences. Gen X consumers do not expect to be entertained by marketing. They expect to be respected and understood. Their loyalty is earned through transparent communication and product consistency, not high-concept ad campaigns.

Regional variations in Gen X dominance

Although Gen X is rising globally, the rate and scale vary across markets. In high-income countries like the United States, the United Kingdom, and Germany, Gen X leads in total spend. In China, Gen X dominates urban consumption patterns. Brazil is on track to follow this path by 2028, making Gen X its leading consumer group.

In contrast, markets like India and Mexico continue to be led by younger consumers. These differences highlight the importance of tailoring strategies to regional dynamics. Global brands should avoid applying one-size-fits-all generational insights across disparate markets.

Category-level insights: focus areas for growth

Spending projections between 2025 and 2030 show growth in key categories tied to Gen X priorities. Food and nonalcoholic beverages are forecast to grow by $507 billion. Beauty, a category shaped significantly by Gen X women, is projected to increase by $80 billion. Alcoholic beverages are also expected to rise by $42 billion.

These shifts indicate a demand for quality, wellness-aligned, and purpose-driven products. In the beauty sector, for example, Gen X consumers respond to brands that position aging as strength rather than something to combat. In food and beverages, they prefer clean labeling and functional packaging. In alcohol, they seek premium products that deliver both taste and health-conscious appeal.

To reach Gen X, brands must adjust their tone, channels, and product development. This generation blends analog roots with digital fluency. They value time-saving experiences, privacy, and relevance. They are not early adopters or trend followers. They are pragmatic decision-makers.

Gen X responds best to expertise, peer recommendations, and content that informs. They are active on platforms such as Facebook, YouTube, and Reddit, not because they reject new media but because they value platforms with established utility. Brands that engage Gen X with how-to content, side-by-side product comparisons, and loyalty benefits are more likely to convert and retain them.

Sources:

NIQ: The X Factor Report