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October 29, 2014

Africa's Markets of the Future

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EMI_africa_motf-v1.0

Euromonitor’s recently released Markets of the Future reports reveal the next eight Sub-Saharan African consumer markets with the brightest growth prospects – Angola, Côte d’Ivoire, Ethiopia, Ghana, Mozambique, Senegal, Tanzania and Uganda. These markets had a combined consumer spending of US$192 billion in 2013 and a combined population of 289 million. Between 2013 and 2030 their GDP will increase by 172% in real terms compared to 150% in Sub-Saharan Africa as a whole.

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October 27, 2014

On Your Bike! Global Bicycle Ownership Trends

Emi_globalBicycle-v1.0-01

Driven by a combination of cost and health considerations, environmental awareness and worsening traffic congestion, bicycle ownership is on the rise. For more and more people, bikes are no longer the poor relation of cars but a greener and smarter transportation choice.

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October 26, 2014

High Income Households by City 2013

Emi_US-100000-v1.0-01We release a 2013 update to previously published datagraphic of high income households (defined as household with annual income of at least US$100,000). Over one year, the number of high income households increased by around one million to reach 105 million in 2013, and New York overtook Tokyo as the world's key centre of wealth (mainly as a result of changes in currency exchange rate fluctuations, as numbers are reported in current prices). In fact, the US dominate the top 20 city list of high income households with only seven cities coming from other parts of the world (namely, three cities in Japan, two in Australia and Europe). The geographic concentration of rich households remains astonishing: for example, New York accounts for less than 0.3% of the world's population as of 2013, yet 3.4% of households with an annual income of US$100,000.

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October 25, 2014

Gender Influences Fragrances Prospects in Emerging Markets

Emi_fragrance-v1.4

Women’s fragrances have traditionally ruled the market ahead of men’s, including in terms of product availability. However, absolute growth forecasts reveal that emerging markets like Mexico and Argentina will generate more value in men’s fragrances over 2013-2018. This indicates an opportunity for industry players to step up men’s variety, where prospects compare well with those of women’s. Middle Eastern markets, essentially Saudi Arabia and the UAE, will lead in premium unisex fragrances.

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October 19, 2014

Asia Pacific's Top 500 Retailers, 2014

Emi_asia500-v1.1(1)

Asia-Pacific Retail Scoreboard: Key Findings

The latest edition of Asia-Pacific Top 500 Rankings published in conjunction by Euromonitor International and Retail Asia reaffirms 7-Eleven Japan as the leading retailer in the region, despite the rise of Chinese, South Korean and Australian retailers. Seven and I, 7-Eleven parent company, maintains the widest reach with presence in nine out of the 14 markets in the study. Thailand achieved the most dynamic store growth in 2013, while Australia remains the most consolidated market with two-third of all retail sales stemming from the 57 retailers featured in the Top 500 Rankings.

October 1, 2014

Which Countries Have the Highest-Spending Middle Class Households?

Emi_midClassHhSpend-v1.1

To consumer goods businesses, middle class households are highly important because they drive consumer spending, especially spending on discretionary items (that is, all items except food, non-alcoholic drinks and housing). Although the middle class in emerging markets is celebrated for its rapid expansion, their purchasing power remains low. In 2013, a middle class household spent on average US$6,095 in China and US$3,611 in India, compared to US$83,959 in Australia and US$72,994 in the USA.

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September 29, 2014

Health and Wellness: Global Performance in 2014

Health and Wellness Global Performance

2014 is a year of revived growth for the health and wellness (HW) industry, and attest to personal health and wellness goals being amongst the first to be met after a period of economic uncertainty. Global HW sales saw 6.5% growth over 2013-2014 to reach sales of US$774 billion. Emerging markets are key growth markets. Over the 2014-2019 forecast period they are expected to generate 86% of new sales.  Two big movements towards natural and functionality form the core of consumer demand.

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September 10, 2014

Can the Scottish Economy Make it Alone?

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View Sarah Boumphrey's profile on LinkedIn

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With the very real chance of Scotland voting to leave the United Kingdom and go it alone later this month, how will an independent Scotland measure up? Home to only 7% of UK businesses it will be small – but will it be nimble? Its recent economic growth has not been extraordinary.

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August 29, 2014

Prospects for the GSK and Novartis Consumer Health Joint Venture

GSK Novartis global value map

In April 2014, GlaxoSmithKline Plc and Novartis AG announced plans to create a consumer health joint venture to be completed in the first half of 2015. Their extensive global presence and range of top-selling consumer health brands have the potential to establish the partnership as the new industry leader. Pending approvals, the joint venture will be a powerhouse in over-the-counter remedies and hold a commanding market share of analgesics, NRT smoking cessation aids, dermatologicals and more.

August 28, 2014

Population with Higher Education: Which Countries Have the Highest Rates?

Population with higher education

The world’s population with higher education has grown from 12.1% of the global adult population aged 15+ in 2008 to 13.3% in 2013. This is translating into higher incomes and a swell in numbers of the top earning socio economic groups. Canada had the world’s highest percentage of its population aged 15+ with higher education at 36.0% of its total population in 2013 due to government prioritisation of higher education. At the other end of the scale is Kenya, with just 2.4% in the same year.

 

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Recent Posts

Africa's Markets of the Future

On Your Bike! Global Bicycle Ownership Trends

High Income Households by City 2013

Gender Influences Fragrances Prospects in Emerging Markets

Asia Pacific's Top 500 Retailers, 2014

Which Countries Have the Highest-Spending Middle Class Households?

Health and Wellness: Global Performance in 2014

Can the Scottish Economy Make it Alone?

Prospects for the GSK and Novartis Consumer Health Joint Venture

Population with Higher Education: Which Countries Have the Highest Rates?