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August 26, 2014

Plant Resistance Breakthrough Could Have Implications for Western European Gardening Market

Damian ShoreAnalyst Insight by Damian Shore - Contributing Analyst

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Dutch researchers have found a way to identify plant genes that are involved in resistance to certain insects. While this development has some potential to undermine pest control sales, it may boost the horticulture segment if consumers can be convinced to pay more for pest-resistant seeds.

In Search of the Right Stuff

Researchers at Wageningen University in the Netherlands have developed a video tracking system that is capable of following the paths taken by insects around plant samples under standardised conditions. These paths can then be analysed to provide a measure of the attraction or aversion of these insects to each plant sample. Researcher Dr Maarten Jongsma said, "We can very quickly test a large number of plants for possible resistance … our goal [is] to make the method suitable for many specific insect-plant combinations.”

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August 25, 2014

Ireland's Thriving Pharmaceutical Industry

Ireland is a global leader in research, development and innovation, and with government investment and support, is likely to remain a leader for some time. The success of the pharmaceutical industry in Ireland is a result of these investments, with pharmaceutical exports from Ireland reaching US$39 billion in 2013. Ireland’s young workforce, favorable tax environment and experience working with multinational companies means the pharmaceutical industry is poised for success in the future as well.

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The Scottish Referendum: Better Together or Divided We Stand?

Sarah-B-Banner

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EMI_consumerExpenditure-v1.0

How would an independent Scotland look, in comparison with a UK without Scotland? In terms of total consumer market size, the UK without Scotland would not see a drop in its position in global rankings. An independent Scotland would become the world’s 45th largest consumer market, finding itself placed in-between Finland and Peru. In terms of average household spend, the average household in the UK without Scotland would be higher than its Scottish equivalent in all categories with the exception of alcoholic drinks and tobacco, and clothing and footwear.

 

By Sarah Boumphrey

 

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August 24, 2014

FMCG and Retailing in Russia: Uncovering Business Opportunities

The 7th annual Euromonitor International seminar FMCG and Retailing in RussiaUncovering Business Opportunities is organised for top-level management from leading companies operating in consumer markets, as well as government, trade and banking institutions. 

Hear more about each session from our expert panel of analysts by watching the video.

Register Now >>

 

August 23, 2014

Euromonitor to Speak at IFA + Summit 2014

IFA LogoEvent Name:  IFA + Summit 2014

Event Dates:  September 8-9, 2014

Event Location: Berlin

Event Description: This year for the first time the IFA+ Summit will assemble international experts and innovative thinkers to establish a novel innovation platform that will highlight future developments in the lifestyle and interconnectedness of the consumers.

Jamie_KoSpeaker:  Jamie Ko

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Presentation Time: September 8 at 16:00 – 17:30

Presentation Title: Healthy Lifestyle Trends in Appliances 2014

Presentation Description: As the global population becomes increasingly health conscious, health promoting appliances are expanding in demand and manufacturers have been quick to cater to this demand.  Jamie Ko from Euromonitor International will discuss the three key trends centered on health-related appliances, their current demand and how these are forecasted to develop globally.

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August 20, 2014

Trends Impacting the European Automotive Market

 

Since the onset of the financial crisis Europe lost around 10 million units of car sales, which translates to massive pent up growth. In 2014 alone, car sales will grow by about five percent, reaching peak levels in the 2020s. There are two concerns for European car manufacturers in the near future however – the onset of rental and car sharing systems and a general disinterest among younger consumers of buying new cars.

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Hear Neil King speak at the 3rd ICIS European Butadiene & Derivatives Conference

Asian Fast-Fashion Conquers Spain

Jorge MartinAnalyst Insight by Jorge Martin - Contributing Analyst

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With consumers in Spain suffering sky-high unemployment rates, record low consumer confidence levels, and enormous public spending cuts – stretching already fragile domestic budgets – consumers have to be more cost-conscious than they’ve ever been in the past. Ironically, this has run parallel to the arrival of modern retailing concepts, such as e-commerce and Asian fast-fashion, which has challenged the existing status quo, and has given consumers in Spain the ability to better shop and compare.

The internet, enabling e-commerce, was first key in allowing consumers the opportunity to better compare prices, giving them the chance to buy top brands at cheaper prices and to have access to lesser known ones. The impressive success of Privalia, Asos, La Redoute, and many others, showed that the traditional clothing and footwear retailer was now being challenged by a new class of competitor.  In response, Inditex, and other mid-priced fast-fashion giants, quickly opened their own online store, despite their ubiquitous presence on the Spanish high-streets.

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August 19, 2014

Scotts Acquires Solus Brands

EURO_NT_Jack.Skelly_LThumbWith Jack Skelly, Research Analyst

Scotts Miracle-Gro’s UK subsidiary, The Scotts Company, recently purchased the Solus brands which includes Yeoman hand tools.  Although Scott’s is the leading garden care company in the world, it lacks a competitive hand tools brand. Yeoman will fill a gap in Scott’s brand portfolio in the UK, and if this move is successful, Scott’s can adapt the strategy worldwide. 

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August 16, 2014

Discounters in Baltic Countries: Weak Results and Clear Underdevelopment

Roberta KniuipyteAnalyst Insight by Roberta Kniuipyte - Senior Research Analyst

Lidl Set to Make First Steps in Baltic Market in 2015

The discounters channel showed a subdued vague performance in Lithuania, Latvia and Estonia during the last decade, with local and regional retail players lacking experience to utilise this channel. However, the situation could change significantly in the near future. Although discounters have so far failed to make major inroads in the Baltic markets, Lidl is confident that it can change this when it enters Lithuania in 2015.

Sensitivity to prices has long been a key criteria for consumers in Estonia, Latvia and Lithuania. As far as brands are concerned, producers acknowledge the importance of promotions and that any brand accompanied by the dull and unglamorous word "discount" and a slashed price, is often the best-selling brand in the country.

Continue reading "Discounters in Baltic Countries: Weak Results and Clear Underdevelopment" »

August 15, 2014

Eurozone Q2 GDP Figures Point to a Bump in the Road Rather than a Return to Recession

Sarah-B-Banner

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Yesterday’s dismal eurozone Q2 GDP results appear to show the fragile recovery derailed. Real GDP growth for the bloc was flat at 0.0% quarter-on-quarter. The most notable results were the negative growth in the eurozone’s largest economy – Germany – and also it’s third largest Italy – which is now in the midst of a triple dip recession. Meanwhile, France – the second largest economy – saw flat growth.

Quarter-on-Quarter Real GDP Growth in the Eurozone: Q2 2014

SB1Source: Eurostat

Note: Q2 data for Ireland, Greece, Luxembourg, Malta and Slovenia have yet to be released

Continue reading "Eurozone Q2 GDP Figures Point to a Bump in the Road Rather than a Return to Recession" »

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Recent Posts

Plant Resistance Breakthrough Could Have Implications for Western European Gardening Market

Ireland's Thriving Pharmaceutical Industry

The Scottish Referendum: Better Together or Divided We Stand?

FMCG and Retailing in Russia: Uncovering Business Opportunities

Euromonitor to Speak at IFA + Summit 2014

Trends Impacting the European Automotive Market

Asian Fast-Fashion Conquers Spain

Scotts Acquires Solus Brands

Discounters in Baltic Countries: Weak Results and Clear Underdevelopment

Eurozone Q2 GDP Figures Point to a Bump in the Road Rather than a Return to Recession