Top 100 City Destinations Ranking

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Euromonitor International is pleased to release its annual Top City Destinations Ranking, covering 100 of the world’s leading cities in terms of international tourist arrivals. The continuing increase in arrivals to these cities illustrates their economic strength, as well as the sustained importance of urban centres to global tourism, both business and leisure. In fact, these cities combined grew by 5.4% in 2013 –higher than the 4.8% growth experienced by overall international arrivals.

Interested in global travel trends? Download The WTM Global Trends Report now!

 

Asian cities account for a third of the most visited cities

Over a third of all destinations are located in the Asian Pacific region, illustrating strong regional travel trends within Asia, as well as the growing connections throughout the region. Within the top 10, six of the leading cities are from Asia, with the top three remaining unchanged from last year – Hong Kong, Singapore and Bangkok. These three Asian mega-cities serve as some of the top destinations for Chinese travellers as well as being air network hubs. Bangkok showed the strongest growth among the top 10 cities, up 10.4% from 2012 to reach 17.4 million arrivals, despite political unrest breaking out at the end of the year. Chinese visitors are key to Thailand’s booming arrivals, with close links between the countries as well as efficient and short transport connections.

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January 27, 2015

Estimating Category Leaders in FMCG Industries

Virgilijus NaruseviciusAnalyst Insight by Virgilijus Narusevicius - Senior Data Scientist

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In this article, we have attempted to characterise category leaders across FMCG industries and the typical market shares they achieve. “Category leader” is generally a highly coveted status as it allows price-setting power and a better ability to influence category trends, enables economies of scale and implies a better bargaining power over retailers and suppliers. It also suggests that the company is doing many things right and it is thus rather common to benchmark against the category leaders and study their past strategies. However, category leader shares vary between industries and a successful company in one industry may differ from another.

 

Figure 1: Average Category Leader Share across FMCG Industries

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Source: Euromonitor International

Note:  Retail value sales

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January 26, 2015

Chinese Milk Formula Scandals Lead to High Growth Rates in Australian Formula

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Chinese parents concerned about multiple milk formula scandals and product recalls from local brands are looking to source their infants' nutrition elsewhere. This has led to rapid growth in imported brands from Australia and other nearby regional markets as well as an active grey market. Listen to the podcast for complete insights.

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Trends Emerge from Top City Destinations Rankings

Euromonitor is pleased to release the top city destinations ranking for 2013. Combined, these 100 cities saw overnight arrivals grow by 5.4% in 2013. As China's cities struggle to maintain inbound travel numbers, Chinese travellers are increasingly venturing further abroad. Due to its recent economic woes, Russia is weakening as a source market for Eastern European beach destinations. Additionally, the US is finally seeing rapid growth in outbound international travel for the first time since the recession. Watch the video for complete insight and stay tuned for the complete list to be posted tomorrow.

Michelle GrantVideo features Michelle Grant - Travel and Tourism Research Manager

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How will the World’s Largest Emerging Market Economies Fare in 2015?

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Large emerging market economies will experience mixed fortunes in 2015. Russia is the standout performer, for all the wrong reasons. Much of their success is likely to boil down to their macro-economic fundamentals and reform programmes, with those with large current account deficits on the whole more vulnerable than those without. A key theme for the year will be policy reform with India and Indonesia making a strong start, Mexico is in the midst of a reform programme and even the Brazilian government is beginning to move away from unorthodox policy to a more pragmatic approach.

Continue reading "How will the World’s Largest Emerging Market Economies Fare in 2015?" »

January 25, 2015

Industria de belleza y cuidado personal en Chile se mantiene fuerte pese a baja económica

Pese al bajo crecimiento de la economía chilena en los últimos meses, la venta de productos de belleza y cuidado personal mantiene un crecimiento sano de alrededor de 7%. Esto se debe en parte a la venta de productos de cuidado personal que se encuentran dentro de la canasta básica de los consumidores, como el jabón y champú, así como a un nuevo grupo de consumidoras en Chile que tienen un mayor ingreso disponible y un mayor interés por cuidar su apariencia física. Dentro de este panorama también hay algunas categorías que han visto bajas en sus ventas, sin embargo hemos observado algunos movimientos de empresas que indican que están apostando por este mercado en Chile en el largo plazo

Video features Andres Musalem - Research Analyst

Euromonitor to Speak at ICIS Asian Oleochemicals Conference 2015

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Event Name: 3rd ICIS Asian Oleochemicals Conference

Location: Park Royal Hotel, Kuala Lumpur, Malaysia
Date:  4th – 5th February, 2015

Event Description: The 3rd Asian oleochemicals conference keeps you on top of the current challenges in the industry. The topics that are being covered over the conference period include:

  • Commercial perspective on the global oleochemicals industry
  • Market information on key feedstocks: Palm Oil, Coconut Oil, PKO  
  • Overview of the biodiesel mandates in Asia and its impact on the oleochemicals industry  
  • Latest developments and challenges faced by the industry around achieving sustainability  
  • Country-specific analyses on the oleochemicals’ markets in: Indonesia, China & India  
  • Insights into synthetic alcohol production in the US with shale gas in the picture  
  • Tools to mitigate the  factors fuelling risk and volatility in the feedstock markets
  • New technologies to improve productivity and meet sustainability targets
  • Consumer trends driving procurement strategies for end-users

Continue reading "Euromonitor to Speak at ICIS Asian Oleochemicals Conference 2015" »

Euromonitor to Speak at Retail World Asia 2015

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Location: Suntec Convention and Exhibition Centre, Singapore
Date:  22-23 April, 2015

Event Description: Part of Asia’s most exciting technology exhibition, this event features the most innovative technology and solution providers in ecommerce, retail, payment and banking. They are flying in international, world renowned gurus to stimulate and inspire you. And have an impressive array of Asian retailers to learn from and network with.

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China: Biggest Decline in Corruption Perceptions Index 2014 vs 2013

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The Corruption Perceptions Index, published annually, is a key tool for companies to assess growth or declines in corruption levels in individual markets, which impact profits and consumer confidence. The 2014 edition, ranking a total of 175 countries, reveals that China had the biggest decline globally compared with the previous year, dropping from 80th in 2013 out of 177 economies to 100th. Some key emerging markets such as Kazakhstan and Thailand were among the most improved in 2014.

 

Watch our Global Economy in 2015 webinar to learn more.

January 24, 2015

¿Cuál es la importancia real de la falta de tampones en Argentina?

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Por Horacio Larghi – Contributing Analyst

En los últimos días fue sensación mediática la falta de tampones en el país. Este producto básico de higiene femenina no se produce localmente y tanto Johnson & Johnson como Kimberly-Clark, las dos principales empresas que dominan el mercado con casi el 90% de las ventas,  los importan desde el vecino Brasil, e inclusive desde países más lejanos como la Republica Checa. Las barreras a la importación  impuestas por el Gobierno sin duda tuvieron un rol importante en el desabastecimiento de tampones a lo largo del país.

Ahora bien, ¿Es realmente tan importante la falta de tampones? No cabe duda que para las argentinas que compran este producto es un serio inconveniente. Sin embargo, los números demuestran que las argentinas prefieren, y por amplio margen, otras opciones de higiene personal.

Continue reading "¿Cuál es la importancia real de la falta de tampones en Argentina?" »

Going Premium in Russia is a Short-Term Tactic

Amin AlkhatibAnalyst Insight by Amin Alkhatib

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The Russian beer market has taken a hit in the past five years as a consequence of the financial crisis in 2008, legislative changes in the beer market since 2011, and economic sanctions in response to the Russian government’s actions in the Ukraine. According to Euromonitor International, over 2008-2013, beer volume sales in Russia declined at a CAGR of 4%, with 2013 showing a 5% drop. The macroeconomic beating taken by the Russian market in recent years and legislative changes have pegged its volume sales performance below that of the rest of Europe. This has resulted in brewers changing emphasis from volume sales expansion to protecting margins.

Russia vs Europe Beer Market Volume

Source: Euromonitor International

Continue reading "Going Premium in Russia is a Short-Term Tactic" »

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Recent Posts

Top 100 City Destinations Ranking

Estimating Category Leaders in FMCG Industries

Chinese Milk Formula Scandals Lead to High Growth Rates in Australian Formula

Trends Emerge from Top City Destinations Rankings

How will the World’s Largest Emerging Market Economies Fare in 2015?

Industria de belleza y cuidado personal en Chile se mantiene fuerte pese a baja económica

Euromonitor to Speak at ICIS Asian Oleochemicals Conference 2015

Euromonitor to Speak at Retail World Asia 2015

China: Biggest Decline in Corruption Perceptions Index 2014 vs 2013

¿Cuál es la importancia real de la falta de tampones en Argentina?