The future indulgence economy: Where luxury meets vice
The future indulgence economy: Where luxury meets vice

The future indulgence economy: Where luxury meets vice

As the luxury and vice markets collide, Americans are redefining indulgence from seven-figure weddings to prediction markets to sex. Exclusive data and analysis show which brands will win.

From $100 nonalcoholic sparkling wines to Chipotle-adjacent cannabis dispensaries, the ways Americans indulge themselves are changing, while the lines between luxury and hedonism are blurring.

That’s why six years after What the Future: Vice and four years after What the Future: Wealth, we’re examining the intersection of vice and luxury with What the Future: Indulgence.

This issue digs into the changing landscape of American indulgence, backed by exclusive data and expert insights. We explore how mainstream acceptance is reshaping vices and luxuries, like how champagne tastes increasingly include nonalcoholic drinks, how prediction markets are disrupting traditional gambling and the precarious state of sex in advertising. We also highlight how experience is the great equalizer for luxury. Our analysis and exclusive Future of Indulgence survey data highlights the luxury and vice sectors poised for future challenges or growth.

The stakes couldn’t be higher for these combined trillion-dollar markets. Luxury brands that misread the shifts risk irrelevance. Marketers who understand that today’s vice becomes tomorrow’s wellness trend or that accessibility beats exclusivity for Gen Z will capture the premium spending of American consumers navigating new economic and moral realities.

Keep reading to learn more or register for our companion webinar on October 30.

Register now

For full results, please refer to the annotated questionnaire or the Ipsos Future of Indulgence data tables. 

Introduction

Beyond luxury: The new rules of indulgence for leaders

Matt Carmichael, editor, What the Future

Shifts

Shifts: How everyday indulgence will reshape our living standards

Brand insights from Ipsos Strategy3’s Djamila Oumarou

Interviews & Features 

Why tomorrow’s luxury winners will prioritize human experiences

David Klingbeil, adjunct professor of luxury marketing, New York University

Why Gen Z’s indulgence attitudes won’t stay the same

Brand insights from Ipsos’ Jesse Peretz

What luxury events reveal about consumers’ premium experience spending

Sojourner Judson, founder, CEO of Erganic Design

Why growth audiences will help brands win in a cooling market

Brand insights from Ipsos’ Janelle James

Why flexible, experience-driven luxury will reshape premium beverages

Maggie Frerejean-Taittinger, co-founder, French Bloom

Why context comes first for brand success

Brand insights from Ipsos Strategy3’s Philip Ryan

How overconfidence fuels the indulgence of risk in prediction markets

Eric Zitzewitz, professor of economics, Dartmouth College

How sex’s rising politization creates more brand risk

Carter Sherman, journalist, author, “The Second Coming”

Questions for the future 

Brand insights from Ipsos experts 


 

 

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Beyond luxury: The new rules of indulgence for leaders