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990 posts categorized "Major Trends and Insight"

February 25, 2015

Higher Education Rising Globally

A rising population with higher education goes hand-in-hand with a shift toward more sophisticated job sectors. This, in turn, drives rising levels of disposable income. This video examine causation, trends and specific markets experiencing the highest growth rates in consumers pursuing advanced degrees.

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February 24, 2015

2015 Outlook for Emerging Market Economies

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EMEs will face a diverging growth outlook in 2015, while continuing to lead the global growth momentum. Low fuel prices will benefit energy-importing countries thanks to savings to countries and consumers and narrow current account deficits, but it will depress the revenues of commodity-exporting emerging countries. Meanwhile, increased volatility in capital inflows and currency, and further geopolitical destabilisation in some countries/regions remain the major risks for EMEs.

Key points 

  • In 2015, annual real GDP growth in 25 key EMEs is forecast to increase by 4.4% (fixed US$ constant terms), marginally up from 4.3% in 2014. While growth is expected to pick up in some emerging countries thanks to falling oil prices and an improving US economy, fragilities in the global economy and existing weaknesses will affect other countries’ growth prospects;

  • Apart from global oil prices, China’s slowdown, the prospects of interest rate hikes in the USA and geopolitical risks are the major factors impacting the growth outlook of EMEs in 2015. China’s slower growth will have knock-on effects on commodity exporters, while a rise in interest rates in the USA will have immediate impacts on some emerging countries’ current account balances and currencies. Turkey’s current account deficit stood at 5.3% in 2014, down from 7.9% in 2013;

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February 23, 2015

Reform Programs Adding to Growth of Emerging Markets

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India is becoming the shining star of the BRIC economies while Mexico's reformist government's key energy sector initiatives are having a transformative effect on its economy. This video discusses these markets alongside some that are facing difficulties in the coming year.

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February 21, 2015

Brands Turning the Tables on Consumers and Reviewing Them Too

Daphne KasrielAnalyst Insight by Daphne Kasriel-Alexander - Consumer Trends Consultant

View Daphne Kasriel's profile on LinkedIn

Perhaps it was just a question of time before being critical of brands became a two-way street and brands got the chance to rate consumers in the sharing economy. Two high profile examples of hosts rating guests are home-sharing service Airbnb and ride-sharing app Uber, but there are many more.  It’s significant that this more commonplace phenomenon of brands rating customers is impacting on their future buying opportunities, rather like a bad credit rating. Emerging studies already show that consumers are much more cautious about negatively rating their consumption experience if this ‘feedback’ is enabled. Other brands are making their impressions of the customer integral to the service offered. 

Part and parcel of the sharing economy?

London financier,  Mr. Kanji, was upset to learn that he had a lower passenger score as he feels his requests as an Uber passenger were all reasonable ones. He told the New York Times:  “I’ve asked drivers to turn up or down heat, to not play music loudly, or to roll up windows” – however he found that he was unable to get a ride for three weeks as drivers preferred not to serve him.  

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February 19, 2015

MINTs Are The New BRICs? The Perspective of Urban Consumers

Emi_bricMINT-v1.0

With economic performance declining in some of BRIC countries, economists have been increasingly looking for new growth angles. One of such is MINT countries, which share favourable demographics, beneficial geographical locations and interesting economic prospects. Cities are often seen as the most evolved consumer markets of both BRICs and MINTs as their development has been closely related to urbanisation. Compared to their BRIC counterparts, MINT cities generally feature smaller market sizes and more necessity-oriented consumer spending as of 2014. However, the situation might change in the future as the key MINT cities are largely anticipated to outperform the BRIC megacities in terms of population and economic growth over 2014-2030, which will bring rising purchasing abilities to their inhabitants. For example, in 2030 Istanbul is forecast to be second only to Shanghai in terms of total consumer expenditure, while Jakarta is anticipated to exceed the consumer expenditure of today's Moscow.

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February 18, 2015

Apparel and Footwear Value Brands in the United Arab Emirates

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Apparel and footwear specialist retailers in the UAE grew by 9% in 2014 as a result of new retail locations opening and new brands entering the market. This podcast discusses strategies of successful value brands, demographic trends driving this market growth and market forecasts for value apparel brands in the UAE.

Fatemah SherifPodcast features Fatemah Sherif - Senior Research Analyst

February 16, 2015

Look Beyond the Surface When Selecting New Emerging Markets

Sarah-B-Banner

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Quality counts in economic growth. The headline figures are interesting and important, but the trends beneath this are what really counts – particularly in a world of increasing uncertainty.

Take Indonesia and the Philippines. Two emerging Asian economies, which have seen impressive rates of growth in recent years. Yet beneath the top-line figures there are striking differences.

Indonesia-Philippines-1

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February 14, 2015

Demographic and Economic Trends in the Nordic Countries

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Urban landscape of Nordic countries is dominated by the respective capital cities of Sweden, Norway, Finland, and Denmark. For example, the size of consumer markets (as measured by total annual household disposable income) of the capital cities was as much as three to five times as large as the second largest cities in the respective country.

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February 13, 2015

Five Key Themes for Advanced Economies in 2015

This video discusses economic divergence as some countries are exiting their stimulus plans, uncertainty in the eurozone, currency deflation alongside low oil prices, unemployment rates, and restrained wage growth in advanced economies around the world. Watch for complete insights.

Download The Top 10 Consumer Trends for 2015 white paper to learn more.

February 10, 2015

Exploring the Personalities of Seven Global Consumer Types

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In the 2013 Global Consumer Trends survey, Euromonitor International captured the personality traits, preferences, and behaviours of 16,300 online consumers in nine markets. Using the results of this survey Euromonitor analysed the respondents and sorted them into seven global consumer types with shared characteristics and buying behaviours. This datagraphic provides a glimpse of the key personality traits of each of the global consumer types.

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Recent Posts

Higher Education Rising Globally

2015 Outlook for Emerging Market Economies

Reform Programs Adding to Growth of Emerging Markets

Brands Turning the Tables on Consumers and Reviewing Them Too

MINTs Are The New BRICs? The Perspective of Urban Consumers

Apparel and Footwear Value Brands in the United Arab Emirates

Look Beyond the Surface When Selecting New Emerging Markets

Demographic and Economic Trends in the Nordic Countries

Five Key Themes for Advanced Economies in 2015

Exploring the Personalities of Seven Global Consumer Types