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July 24, 2015

Asia-Pacific Retail Scoreboard: Key Findings

Euromonitor International is pleased to once again partner with Retail Asia as the official information provider for the 12th edition of the Retail Asia-Pacific Top 500 rankings. In 2014, the leading 500 retailers in Asia Pacific had sales of US$1.1 trillion, an increase of 2%. The rise of the Chinese retail market has led to Chinese companies to dominate the list, accounting for 32% of the ranking. In absolute terms, five of the top ten fastest growing companies in absolute terms were Chinese hypermarkets. However, Japanese companies are still significant because they operate in a consolidated market and have expanded to many countries within the region.

Emi_asia500_2014-v1.3

7-Eleven Japan retains the top spot on the ranking of Asia Pacific’s top 500 retailers, which was published in conjunction by Euromonitor International and Retail Asia. 7-Eleven’s success is due to its widespread store network. China Resources Enterprise Ltd moved up the most on the ranking, climbing seven spots to reach 24th place in 2014. Its multi-format strategy, with its brands in convenience stores, drugstores, supermarkets and hypermarkets, enabled it to grow quickly.

July 21, 2015

China Became the World's Largest Automotive Market in 2009... But Growth is Slowing

Emi_china-v1.0

Light vehicle sales enjoyed double-digit growth between 2001 and 2010 – except in 2008 – and still continue to climb. However, growth was at its lowest level this century in 2014 and China’s trend rate of growth is forecast to slow gradually to around 3% by 2030.

July 5, 2015

Consumer Expenditure Growth in the Philippines to Accelerate in the Long Term

Emi_philippinesConsSpending-v1.1

The Philippines boast Southeast Asia’s third highest total consumer spending (behind Indonesia and Thailand), but with the region’s second largest population it is nevertheless an underperforming market. As food, non-alcoholic drinks and housing absorb over half of the household budget, Filipinos have a low capacity for discretionary spending. Consumer spending growth will accelerate through to 2030, backed by the country’s economic growth, youthful population and rising middle class.

July 1, 2015

World Urban Population Share to Hit 60% in 2030

Emi_world2030-v1.1

The world population is expected to reach 8.4 billion by 2030, an increase of 19.8% from 2012. Older age groups will increase rapidly during this time influenced by increasing life expectancy, however, over half of the world's population will still be under 35 years of age in 2030. Urban population will continue to rise rapidly, at nearly twice the pace of total population growth, in 2012-2030 and should account for 60.2% of the world's population in 2030.

 

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June 29, 2015

New Data Available in Home and Garden: Decorative Paint by Volume

Emi_paintVolume-v1.0

Euromonitor International is pleased to announce that the new 2015 Home and Garden system edition now includes Decorative Paint data in volume terms (litres).

This new dataset allows users to compare the evolution of per capita consumption over the last 15 years (2000-2014) with forecasts to 2019 in all 32 researched markets.

Emerging Economies Worth US$1 Trillion

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Emi_trillionClub-v1.2

In 2030 there will be nine emerging market economies with GDP over US$1 trillion, up from five in 2014. Ranging from China on US$23,196 billion to Saudi Arabia on US$1,213 billion. The four newcomers will be: Indonesia, Turkey, Nigeria and Saudi Arabia. Between them they will account for more than two-thirds of emerging and developing market GDP. These nine economies are characterised by their differences with huge variations in population and living standards.

Continue reading "Emerging Economies Worth US$1 Trillion" »

June 23, 2015

Cigarettes' Future Troubled as Alternatives Advance

Emi_cigFuture-v1.1

Of the top ten cigarettes markets in the world, only three (all in Asia-Pacific) are expected to see volume growth by 2019 as increased regulation, taxation, health awareness and the emergence of alternatives such as e-cigarettes impacts sales. To be sure, taxation drives value sales and markets such as South Korea and Russia will be able to balance their volume declines with revenue growth over the same period.

June 22, 2015

Vapor Devices and e-Cigarettes in the Global Tobacco Market

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Home and Garden 2014: US$ Strength Impacts the Global Growth

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The home and garden industry showed a positive performance in key developed markets in 2014, including the US, Germany, the UK, Japan, Canada and Australia. Strong performance of the US dollar against local currencies in some key markets, including Japan, Canada and Australia, belies the true performance of the global industry in 2014.

Continue reading "Home and Garden 2014: US$ Strength Impacts the Global Growth" »

June 20, 2015

The Global Picture of Migration in 2030

Emi_netMigration-v1.2

Migration trends have a big impact on future patterns in consumer spending. Singapore, Australia and Qatar are set to experience the biggest net immigration rates in 2030 at 8.9, 8.0 and 7.4 per 1000 population. This is due to these countries having attractive business environments, and high wages per hour. Poor countries in Eastern Europe and Latin America with few employment prospects will see the highest migration rates in 2030, with Kosovo the highest globally at -23.6 per 1000 population.

Download "Marketing to the ASEAN Consumer" to learn more

 

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Recent Posts

Asia-Pacific Retail Scoreboard: Key Findings

China Became the World's Largest Automotive Market in 2009... But Growth is Slowing

Consumer Expenditure Growth in the Philippines to Accelerate in the Long Term

World Urban Population Share to Hit 60% in 2030

New Data Available in Home and Garden: Decorative Paint by Volume

Emerging Economies Worth US$1 Trillion

Cigarettes' Future Troubled as Alternatives Advance

Vapor Devices and e-Cigarettes in the Global Tobacco Market

Home and Garden 2014: US$ Strength Impacts the Global Growth

The Global Picture of Migration in 2030