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August 1, 2014

How Education Standards in the BRICs Compare

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Education standards are an excellent predictor of future consumption habits in a country. When education standards rise, this means a higher proportion of the population will work in skilled jobs with higher salaries. Among the BRIC markets, Russia has the highest proportion of its population aged 15+ with higher education, at 15.2% in 2013. India has the lowest adult literacy rates, at just 53.1% for females aged 15+ and 75.8% for men in 2013 due to widespread illiteracy in rural areas.

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July 26, 2014

Emerging Markets Among Highest Growth in Employment in Finance

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Finance is a key sectors globally for producing top earning consumers who can afford luxury discretionary goods across all sectors of the consumer goods industry. While developed markets including Germany and the UK saw their employment in finance reduce from 2003-2013, emerging markets such as South Africa and the UAE are seeing among the biggest rises in this employment sector globally, from 2.8% and 1.1% of their total employed populations respectively in 2003 to 5.3% and 5.0% in 2013.

 

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Grooming Routines Around the World

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A visual overview of grooming routines and consumer spending in 16 emerging and developed markets, including time spent grooming, body and face washing habits, hair care, oral care, spending on beauty and personal care products, and spending on oral care in particular. Draws on Euromonitor International's beauty and personal care sales data as well as its Personal Appearances survey (6,600 consumers surveyed online in 2014).

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July 24, 2014

Video Games Forecast Evens Out In Developed And Emerging Markets

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Globally, video games is forecast to grow by over US$23 billion from 2013-2018; however, the majority of this growth will come from only 10 markets.  Within these markets, only emerging markets are expected to see double-digit growth, whilst the US stands on its own in absolute terms, contributing over a quarter of forecast sales globally.

 

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July 20, 2014

Survey Shows Regional Differences in Bathing Habits Around the World

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A look at global bathing habits and routines, including showers, baths, and shampooing, using results from Euromonitor International's Personal Appearances Survey drawn from 6,600 online consumers in 16 major markets in 2014.

 

Download an extract from our global survey "Personal Appearances: Global Consumer Survey Results on Apparel, Beauty and Grooming"

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July 17, 2014

The Real Cost of Cocoa

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The rising cost of cocoa has been touted by manufacturers as one of the biggest challenges to maintaining healthy profit margins. By 2020, some are forecasting the price of cocoa to be double at US$6000/tonne. If rising prices were not passed on to consumers and absorbed by the manufacturer, the manufacturer’s mark-up on 100g of chocolate would fall from US$0.44 to US$0.37, a decline of 16%. Yet this mark-up is still twice the amount that cocoa costs the consumer when they buy 100g of chocolate.

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July 12, 2014

Where is Youth Unemployment Rising and Falling Globally?

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Young people aged 15-24 are a key consumer group, which have been badly hit by unemployment in most countries since the start of the global economic downturn in 2008 and the profits of many consumer goods companies have been hit as a result. Western Europe had the highest average youth unemployment rate in 2013 at 21.7% of the economically active population aged 15-24. Yet many emerging markets like South Africa and Chile saw their youth unemployment rates decline from 2008-2013.

 

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How Affordable is Beer Around the World?

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Affordability of beer in emerging markets is the key to accessing low-income consumers in low-base markets. Attaining affordability will allow for further expansion in volume sales beyond the pool of middle-income consumers and help offset stagnant or declining volume markets in the developed world.

 

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July 11, 2014

Silicone Struggles to Take Off in Key Homewares Categories

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Silicone enjoys several important advantages over more traditional material, such as ceramic, glass and metal, in the kitchen. It is more flexible, more durable, easier to clean, more versatile and requires little storage space as it can be rolled up. Silicone also enables manufacturers to provide consumers with more options in terms of colour, shape and design than traditional cookware materials. Despite of these advantages, consumers remain lukewarm towards silicone.

 

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July 7, 2014

The EU's Big 5 Economies

 Sarah-B-Banner

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The EU’s big 5 economies – France, Germany, Italy, Spain and the UK – dominate the EU by dint of their sheer size, accounting for 71% of GDP in 2013. However, they are by no means the top performers in the EU. France, the UK and Spain all have budget deficits larger than the EU average, whilst Germany is the only one of the five to run a current account surplus. The UK has above average inflation and all five economies fall outside of the EU’s biggest-spending economies.
by Sarah Boumphrey

 

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Recent Posts

How Education Standards in the BRICs Compare

Emerging Markets Among Highest Growth in Employment in Finance

Grooming Routines Around the World

Video Games Forecast Evens Out In Developed And Emerging Markets

Survey Shows Regional Differences in Bathing Habits Around the World

The Real Cost of Cocoa

Where is Youth Unemployment Rising and Falling Globally?

How Affordable is Beer Around the World?

Silicone Struggles to Take Off in Key Homewares Categories

The EU's Big 5 Economies