In many markets, consumers continue to expand soft drink consumption beyond the carbonate category. As the leading carbonate and soft drink manufacturer, Coca-Cola has successfully diversified its soft drink portfolio to cater toward regional palates to remain number one. However, there exist opportunities for growth in non-carbonate categories - by both Coca-Cola and its competitors.
Vodka dominates white spirits, with 86% of volumes. Growth is held back by vodka’s largest market, Russia, which accounted for 38% of global vodka volumes in 2012. It declined by 3% CAGR between 2007-2012, a trend that is expected to continue between 2012-2017. Large volume growth in markets such as India and the US, barely counters this fall. Euromonitor International looks at the key factors driving vodka's growth in its latest briefing: White Sprits: Grey Prospects and Golden Opportunities.
Consumption in hand dishwashing in India has been growing rapidly over the last decade, thanks in part to increased usage of higher-end crockery and glassware. Indian consumers are turning to more upmarket cleaning products as a result, encouraged to switch from traditional bar soaps to more modern liquids. With task-specific products almost non-exist in India given its low per capital disposable income, products that offer multi-functionality with an accent on health and hygiene are prospering in this rapidly growing market.
Global pharmaceuticals revenue growth slipped in 2012 recording 2% annual growth. China, US and Japan remain the main payers in the industry. China will continue to strengthen its positions in the future.
In this datagraphic series, Euromonitor International highlights the impact of hosting the World Cup on the country's tourism industry.
As two key emerging markets and home to the world’s largest populations, China and India feature prominently in the development strategy of many businesses. Although food and non-alcoholic beverages, housing and transport have been so far growing strongly, in the 2013-2020 period households in both countries will spend significantly more on communications, health goods and medical services and education as continued income growth will unleash greater capacity for discretionary spending.
Half the global population is under the age of 30 although proportions are declining worldwide. Disparities are evident across regions with 90% of the world population under the age of 30 concentrated in emerging countries. Africa and the Middle East has the highest proportion, while advanced economies, which are ageing rapidly, have smaller youth ratios. Children and young people are an important consumer segment and indicate future labour market development.
Traditionally underserved by fixed-line telephony, the advent of mobile communications has been particularly beneficial to consumers in Africa and the Middle East. A large majority of households in such countries as Morocco and South Africa now have at least one mobile phone. This is helping to popularise such services as mobile payments in countries where bank accounts are rare. With handset prices falling, smartphones are growing in popularity, helping to drive strong growth in internet usage.
Coca-Cola Diversity Amidst a Shifting Landscape
Future Prospects in the Indian Dishwashing Market
Global Pharmaceuticals Industry 2012
Greater Discretionary Spending to be Unleashed in China and India
Why The Anti-Ageing Trend Is Set To Succeed in The US and Japan
Increasing Penetration of Mobile Phones, Smart Phones and Tablets Stimulate Mobile Gaming Growth
Global Population Under the Age of 30 Centered in Emerging Markets
