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Top 3 Markets by Kitchen Penetration Growth in 2017

by January 21st, 2017

Euromonitor International has identified the world’s top three markets by household kitchen penetration growth in 2017. Based on factors such as growth of kitchen possession, associated facilities and kitchen-based durables penetration, the leading markets are Ethiopia, Uganda and Pakistan. These frontier markets are opening up new opportunities for providers of household goods and services, particularly kitchen […]

Looking Ahead to 2017 in Pet Care

by January 20th, 2017

An overview of some of the trends that might make headlines during the coming year: The challenge posed to pet superstores by internet retailing, internet retailing in India, the prioritisation of the needs of pets at home, and the possible impact of politics on international trade. Pet superstores seek to fight back against internet retailers […]

5 Key Trends That Most Shaped Mobile Payments in 2016

by January 20th, 2017

In 2016, mobile-driven commerce will reach an estimated US$972.25 billion across the 46 markets where Euromonitor International conducts this digital research. Most impressively, mobile payments are expected to reach US$3 trillion by 2021. While that is a lot of money transacted across these small-screen devices, mobile-based payments will equate to only an estimated 11%of all […]

New Apparel and Footwear Research Category Overview: Sportswear Maintains Momentum

by January 20th, 2017

US$1.7 trillion; that’s how much the global apparel and footwear market was valued at in 2016. Although this is an impressive performance given economic headwinds and political turmoil, it was also the industry’s weakest growth since the 2008 recession, at 4%. Notably, performance would have been decidedly weaker had it not been for sportswear; for the […]

Top 3 Trends in Natural Resources for 2017

by January 19th, 2017

Euromonitor International has identified three key trends in natural resources for 2017 including no rollback on climate initiatives, more proactive initiatives from business organisations to embrace resource management and the growing traction of the circular economy. The state of natural resources bear strong significance for the supply chain and manufacturing process as this involves future […]

Drones Could Make Foodservice Delivery Cheaper for Consumers

by January 18th, 2017

Autonomous delivery vehicles (robots) have taken to the streets and skies in recent trials as major delivery influencers attempt to push the boundaries of what technology can do to improve the delivery experience, and challenge the established foodservice delivery order. Though still in test-mode, simply put, drones could deliver a meal from the point of preparation straight to […]

The Impact of the Brazilian Economic Crisis in the Luxury Market

by January 18th, 2017

The economic crisis in Brazil directly effected the luxury industry in Brazil making even the most resilient consumers become more conservative with their purchases. As a result, the luxury industry had its weakest growth performance of the last 10 years. In the same period, many international brands that have entered the market recently shut down […]

Retail in Mexico: Four Trends To Watch In 2017

by January 18th, 2017

Retail sales in Mexico grew an impressive 7% in 2016 thanks in large part to a stable economic performance despite global uncertainty. Below, Euromonitor International highlights four major trends that will likely shape the industry in 2017, including the impact of the strong US dollar, the proliferation of interest-free financing offers, mobile retailing, and continued […]

Falling Birth Rates Threaten Long-term Economic Growth in Key Developed Cities

by January 17th, 2017

While developed urban areas generally have more favourable demographics than their respective countries, most metropolises across the developed regions have been experiencing declining birth rates. Continued move toward a world with fewer children will not only significantly reshape consumer markets but, given a positive association between birth rates and GDP growth, will also jeopardise the vitality of […]