In Asia, 48% of Gen Z feel stressed, with their studies/ job (46%), financial worries (44%), and mental health (33%) being core stressors. Social media also has an impact with 66% indicating social media puts a lot of pressure on looks and 33% stating that comparing themselves to others causes stress. Another 32% say they are stressed due to their family situation. This results in a ‘confidence crisis’ with 59% of Asian Gen Z indicating they often lack self-assurance.
The pandemic caused a lot of turbulence in this generation’s journey towards adulthood; it not only had a financial impact (44%), but it also disrupted their education or job prospects (21%). Yet, this generation also shows resilience in dealing with the global health crisis. 70% say the pandemic was a moment to re-evaluate life and 64% see it as an opportunity to create a new and better normal. They perceive it as a fresh start and used this time to learn new skills (32%) and focus on personal growth (31%).
So, what does this mean for brands? Gen Z expects brands to take on the role of a life coach; supporting them in prioritizing their mental health and encouraging discussions around the topic.