Home » Europe

789 posts categorized "Europe"

April 24, 2014

Grocery Channels Hard Hit by Hungarian Tobacco Law

Zsofia_MegyeriWith Zsofia Megyeri, Senior Analyst

In 2013, the Hungarian government passed a bill reforming tobacco retailing with the aim of reducing underage smoking and overall smoking prevalence in the country. This law is having a major impact on grocery stores, convenience stores, supermarkets and forecourt retailers, all of which can no longer sell tobacco products. As of July 1 2013, only a limited number of shops branded as “National Tobacco Stores” are allowed to sell tobacco products at fixed prices. At the end of 2013, tobacco sales through modern grocery channels dropped a massive 24 percent, and illicit trade sales are expected to grow from 10 percent at the end of 2013 to 12 percent by 2014.

Download as an MP3

UK Tea Tastes Turn Premium

Dana LaMendolaAnalyst Insight by Dana LaMendola - Beverages Analyst

Despite the UK’s declining tea sales, which decreased by 8% in retail volume terms between 2008 and 2013, retail value growth has remained steady, increasing by 1% in real growth over the same period. The inverse volume and value growth indicates that while Britons are drinking less tea, their choices are becoming more premium. In addition to the increasing popularity of tea types like green tea and fruit and herbal teas – which carry a higher price tag than traditional black standard tea, premium tea brands are also on the rise.

Shifting Tea-Type Preferences

The premiumisation of British tea culture is evident in the increasingly popularity of different tea types. Black standard tea, the most traditional and inexpensive type of tea in the UK, decreased by 9% in retail volume between 2008 and 2013, accounting for nearly the entirety of the category’s overall volume decline. In contrast, alternative tea types such as green tea, fruit/herbal tea, and other teas which include white teas, oolong tea, and rooibos, each recorded double digit volume growth over the same period. These different variants are priced much higher than standard black teas. Fruit and herbal teas, which recorded the highest absolute volume growth between 2008 and 2013, are also the most expensive type of tea, with an average unit price of nearly six times that of black standard tea.  

Retail Volume Growth by Tea Type, 2008-2013

Source: Euromonitor International

Continue reading "UK Tea Tastes Turn Premium" »

April 22, 2014

Catering to the “Golden Traveller” – Accessible and Respite Tourism

 

The global population is ageing, with 10 percent of the population reaching the age of 65 by 2018. To cater to this ageing population, travel and tourism companies need to take extra steps including having medical staff on a tour as a precaution and to offer peace of mind for older travelers. Need-based travel offers tremendous potential for tourism companies as it caters to groups that rarely travel at all.

Golden Travel Companies

Watch on Youtube

For more information on this and other travel and tourism trends in the UK and Ireland, download our free report.

Is Europe Addicted to Gas?

Sarah-B-Banner

View Sarah Boumphrey's profile on LinkedIn

Natural Gas in the EU

Download as pdf

Despite green energy subsidies and climate targets many EU member states remain reliant on gas - much of which is imported from Russia. Chief amongst gas consumers are Lithuania, Italy and Hungary. The United Kingdom has seen the largest fall in the contribution of natural gas to its energy mix – although the share of natural gas in total primary energy consumption still remains 10 percentage points higher in the UK than the average for the EU.

Continue reading "Is Europe Addicted to Gas?" »

April 21, 2014

Euromonitor to Speak at World Perfumery Congress 2014

World Perfumery Congress Logo

Date: Wednesday June 11, 2014

Location: Centre International Deauville, Deauville, France

Conference: Occurring every two years, the World Perfumery Congress (WPC) is a unique three-day educational and networking forum uniting fragrance industry professionals, their suppliers and brand marketers to discuss current and future opportunities. A multinational group of thought leaders will present the latest innovations in ingredients, formulation, product development, sustainability and other hot-button issues at the WPC conference. Visit the WPC exhibition to investigate new products, services and ingredients from nearly 100 of the industry’s leading suppliers. Meet new industry contacts and visit with fellow fragrance professionals during the ample networking opportunities WPC provides.

Continue reading "Euromonitor to Speak at World Perfumery Congress 2014" »

April 20, 2014

Euromonitor to Speak at Progressive Serbia Trade Conference 2014

Logo-(3)

Event Name: Progressive Conference

Date: 29-30 May

Location: Stara Pazova, Serbia

Event Description: Progressive Conference is the place where FMCG professionals are joining together. Two days long conference will bring together Serbian and foreign professionals of FMCG sector (such as big retailers, independent stores‘ owners,  producers, importers, distributors and independent market research professionals). It is a place for exchanging ideas, discussing the latest trends in retailing market,  making new contacts and meeting business partners. For more information, please visit http://progressivemagazin.rs/online/category/dogadaji/

Presentation: Gordan Stanic, Research Analyst at Euromonitor International will make a presentation on retailing in Serbia and neighbouring countries. The presentation will provide an overview of the retailing market trends in Serbia in comparison with other countries, covering both historical data and future forecast.

Continue reading "Euromonitor to Speak at Progressive Serbia Trade Conference 2014" »

April 19, 2014

Dishwasher Manufacturers Must Educate to Penetrate New Markets

Jamie_KoAnalyst Insight by Jamie Ko - Head of Consumer Appliances

View Jamie Ko's profile on LinkedIn

Dishwashers remained the smallest category in major appliances in 2013, accounting for a mere 4.4% share of overall volume sales. It is also a category in which average unit price, at US$609, is significantly higher than in major appliances as a whole (US$444). Dishwashers are generally not perceived as an everyday necessity, but rather as a luxury item in the kitchen. So, why do appliances with similar washing and cleaning functionality but for different items enjoy such a contrasting degree of popularity? That said, over the forecast period Euromonitor International predicts a credible volume CAGR of 3.6% for dishwashers globally.

Expenditure Per Household on Dishwashers by Region and Growth, 2008-2018

Source: Euromonitor International

Continue reading "Dishwasher Manufacturers Must Educate to Penetrate New Markets" »

April 17, 2014

Western European Phosphate Ban to Reward Innovative Formulations

Anaïs_MirvalAnalyst Insight by Anais Mirval - Ingredients Analyst

The 2010 phosphate ban in North America forced manufacturers of automatic dishwashing detergents to move away from sodium triphosphate, and this has not been without consequences. The performance of automatic dishwashing products has declined and the habit of using cheap automatic dishwashing powders and liquids is very much alive. Consumers are trading down while also adding automatic dishwashing additives to their shopping trolleys.

However, the impact of the 2017 phosphate ban in Western Europe could take another direction. With a wide range of new performing builders now available on the market, Western Europeans may not trade down and sales of automatic dishwashing detergents could even increase. Thus, glutamic acid diacetic acid tetrasodium salt (GLDA), methylglycine diacetic acid trisodium salt (MGDA) and trisodium citrates (TSC, TSA) are very much in line to benefit the most from the ban, even though product manufacturers remain sceptical about the potential of newly developed ingredients. 

Consumption of Automatic Dishwashing Detergents

Source: Euromonitor International

Continue reading "Western European Phosphate Ban to Reward Innovative Formulations" »

The EU’s Investment Black Hole

Economic and Consumer Insight with Sarah Boumphrey

View Sarah Boumphrey's profile on LinkedIn

Declining  Gross Fixed Capital Investment Across the EU

Download as pdf

Between 2008 and 2013 Gross Fixed Capital Formation (GFCF) declined in all EU member states. The largest single decline was in Greece, where GFCF was €36 billion less in 2013 than it was in 2008 (in 2013 prices). Yet in terms of importance to GDP, GFCF contributes the least to GDP in Ireland. GFCF, which is a measure of investment, is important as it lays the foundations for future economic growth.

Continue reading "The EU’s Investment Black Hole" »

April 16, 2014

El consumidor español se interesa por el bricolaje

EURO_NT_Cruz.DelBarrio_LThumbWith Cruz del Barrio, Head of Home and Garden Research

 La crisis ha cambiado el panorama del bricolaje en España. En el pasado, la gente contrataba "manitas", albañiles y pintores para las obras en casa. Desde que comenzó la crisis, los consumidores españoles se han vuelto especialmente sensibles a los precios y una especie de fiebre del "hágalo usted mismo" recorre el país. A pesar de estos factores, el mercado del bricolaje sigue sin registrar un crecimiento positivo, aunque la caída en 2013 fue ligeramente menor que la de 2012.

Descargar en formato MP3

Subscribe

 RSS Feed

Receive New Posts via Email:

 

Join us on...


View our YouTube Channel Follow Euromonitor on Twitter Become a Fan on Facebook Connect with Euromonitor on LinkedIn




Filter by Category

Filter by Geography

Filter by Industry

Recent Posts

Grocery Channels Hard Hit by Hungarian Tobacco Law

UK Tea Tastes Turn Premium

Catering to the “Golden Traveller” – Accessible and Respite Tourism

Is Europe Addicted to Gas?

Euromonitor to Speak at World Perfumery Congress 2014

Euromonitor to Speak at Progressive Serbia Trade Conference 2014

Dishwasher Manufacturers Must Educate to Penetrate New Markets

Western European Phosphate Ban to Reward Innovative Formulations

The EU’s Investment Black Hole

El consumidor español se interesa por el bricolaje