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June 29, 2015

Emerging Economies Worth US$1 Trillion

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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.

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June 23, 2015

Cigarettes' Future Troubled as Alternatives Advance

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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.

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June 20, 2015

The Global Picture of Migration in 2030

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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.

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June 18, 2015

Emerging Regions Drive Global Growth in Traditional Toys and Games

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Euromonitor International’s latest research reveals the highest global growth for traditional toys and games for more than a decade in 2014 as emerging regions continued to drive sales.  Eastern Europe and Latin America were the fastest growing regions recording 9% and 7% value growth, respectively in 2014 while construction was the most dynamic category in a 7th consecutive year. China is forecast to be the world’s growth engine in toys adding over US$4.4 billion to the global sales by 2019.

 

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June 17, 2015

Home and Garden Struggled in Western Europe in 2014

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After years of uncertainty, key developed countries (US, Germany, UK, Japan, Canada and Australia) showed positive performances in local currency terms in 2014. However, the Eurozone again delivered negative growth.

Homewares was the fastest growing category in eleven countries. Gardening may be small in many countries, but was also fastest growing in ten. In Western Europe, good weather in 2014 made gardening the fastest growing category in the four largest countries.

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June 14, 2015

Which Wine Producing Region Grows the Fastest in the Changing World of Wine?

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Although Italy, France and Spain continue to be among the world’s top five largest wine producers, Europe’s wine production has fallen steadily over the 2009-2014 period as a result of declining wine consumption and the European Union’s regulations to combat over-production (often referred to as the Wine Lake). Meanwhile, Latin America is the fastest-growing wine producing region thanks to favourable farming conditions that enable the region to produce superlative wines at reasonable prices.

 

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June 11, 2015

Zara Home Outperformed All Other Inditex Brands in 2014

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Zara Home delivered the highest growth of all the Inditex brands in 2014, with a 21% increase in value sales. Zara Home also continued its worldwide expansion, entering new markets such as Algeria and opening its first store in Australia in early 2015. The company only operates online in several countries, including Norway, Switzerland and, most importantly, the US. Although it started online retailing in the US in 2012, it has yet to open its first physical store in the country.

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May 29, 2015

Travel Industry Embraces Mobile Technology

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Mobile sales are taking the travel industry by storm. Countries like Sweden, Australia and Japan are steaming ahead, with mobile sales to residents already well above the global average of 20%, thanks to hyper-connected populations. Online travel agents are driving the charge, with mobile sales already accounting for one fifth of all sales worldwide, having experienced exponential growth since the launch of smartphones. Clearly, travel brands that ignore the mobile trend risk being left behind as intermediaries push ahead of the curve and direct suppliers are slow to keep up.

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