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August 30, 2015

Deception of Expanding Urban Populations

Ugne SaltenyteAnalyst Insight by Ugne Saltenyte - City Analyst

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Over the next 15 years, the world’s urban population growth will be fed by the two principal regions – Middle East and Africa (MEA) and Asia Pacific – which together will account for 84% (or 986 million people) of the global urban population increase. While the process of urbanisation is good news for many consumer goods and services companies, as it is traditionally related to the spread of modern lifestyles in emerging countries, over the next 15 years living standards in most emerging metropolises will remain well below the current averages of the developed world.

Forecast Urban Population Growth by Region, 2014-2030

Urban-pop-growth

Source: Euromonitor International

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August 10, 2015

Doing Business in the Halal Market

The Muslim religion is the second largest and fastest growing religion in the world, with Muslim consumers expected to reach 26 percent of the global population by 2030.

Muslim consumers seek products that cater to their religious needs and comply with Islamic requirements: from halal production process to halal labelling and packaging. The lack of permissible offerings has led to a surge in demand, as Muslims grow hungry for trendy products and services adapted to their lifestyle.

Discover opportunities in this ever-expanding pool of consumers. Download our white paper today.

August 5, 2015

Doing Business in the Halal Market

What is the Halal market, and what potential opportunities lie there? Learn more about the Halal market in this video, and download Euromonitor's latest whitepaper today.

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August 4, 2015

Doing Business in the Halal Market: Products, Trends and Growth Opportunities

300_halalMarket-v1.0The Muslim religion is the second largest and fastest growing religion in the world, with Muslim consumers expected to reach 26 percent of the global population by 2030. Muslim consumers seek products that cater to their religious needs and comply with Islamic requirements: from halal production process to halal labelling and packaging. The lack of permissible offerings has led to a surge in demand, as Muslims grow hungry for trendy products and services adapted to their lifestyle.

Doing Business in the Halal Market: Products, Trends and Growth Opportunities examines the specific challenges and opportunities present for a variety of products, from beauty and personal care, apparel, food and beverage, to tourism applicable for key halal markets across the globe.

Download-Now

This white paper assesses the potential for businesses considering tapping into halal and Muslim consumer markets; helping them to understand halal certification and the demand for standardisation across the food industry, and identify halal market opportunities in Southeast Asia, China, Western Europe and Australasia. Each analysis will address how businesses can compete in the halal market, highlighting its development as well as potential for the future.

 

July 29, 2015

Iran's Grocery Market Poised for Growth Following Nuclear Deal

The Iranian economy is poised to open up after the nuclear deal, and the economy of this market remains largely untapped mainly due to economic sanctions. Grocery retailing is a market that remains largely traditional, with many consumers preferring small format stores with local flair. Due to the new deal, the international financial system may have further incentives to penetrate the food retailing market in Iran.

Bassam-AounVideo features Bassam Aoun - Consulting Analyst

July 14, 2015

Iran’s Dairy Market a Temporary Solution to Russia’s Lockdown and China’s Slowdown

Lianne van den BosAnalyst Insight by Lianne van den Bos - Food Analyst

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A number of sanctions against Iran could be suspended by the US and the EU after international inspectors confirmed the country has curbed its nuclear programme. This breakthrough could open up the tenth largest growing dairy market globally, which is expected to hit new (real) sales worth over US$1 billion over 2015-2020, the size of the entire Western European region combined. With Russia’s lockdown and China’s slowdown could Iran be a temporary fix? Iran’s large, young population, which has an open attitude towards new packaged food products, makes it a huge untapped opportunity, one of the few remaining markets to target after Myanmar opened up after political change in 2011. However, if sanctions are lifted this is likely to be a lengthy process and political instability is a key concern when doing business in Iran, making it a less attractive market for foreign investment.

Continue reading "Iran’s Dairy Market a Temporary Solution to Russia’s Lockdown and China’s Slowdown" »

June 15, 2015

Cultural and Religious Barriers: Prospects for Greater Market Penetration of Toilet Paper

Jane-NguyenAnalyst Insight by Jane Nguyen - Research Analyst

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In April 2015, the Turkish Directorate of Religious Affairs announced a new Islamic fatwa which allows Muslims to use toilet paper. If the word spreads and the new rule is adopted by other countries with large Muslim populations, it will be good news for toilet paper manufacturers. They have struggled with low demand in the Muslim world, where water has been traditionally used for cleansing, with toilet paper only playing a supplementary role. Consumers in many other developing markets, not necessarily Muslim or not predominantly Muslim, also often remain loyal to a range of traditional practices for cleansing which do not include toilet paper. The changing toilet etiquette, especially alongside rising incomes and urbanisation, can open a wider window of opportunity for tissue manufacturers. However, success is predicated on manufacturers’ understanding of deeply rooted traditions and the adoption of marketing strategies that work alongside these traditions. 

Continue reading "Cultural and Religious Barriers: Prospects for Greater Market Penetration of Toilet Paper" »

May 24, 2015

Top 3 Drivers of Consumer Expenditure in Emerging and Developing Economies

An HodgsonAnalyst Insight by An Hodgson - Income and Expenditure Manager

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With emerging and developing countries accounting for nearly 90.0% of the global population and in the context of sluggish demand growth in developed markets, insight into what drives and shapes demand in emerging markets is vital in helping businesses grow and succeed. Euromonitor International forecasts that between 2015 and 2030, real consumer spending growth in emerging and developing markets will be three times faster than in developed markets. The top three drivers of this long-term gain will be population growth, rapid urbanisation and rising incomes.

Population and Consumer Expenditure in Emerging and Developing Countries: 2009-2030

Consumer-Expenditure

Source: Euromonitor International from national statistics/Eurostat/UN/OECD

Note: Data for 2015-2030 are forecast; Consumer expenditure data are in constant 2014 prices, fixed exchange rates. 

Continue reading "Top 3 Drivers of Consumer Expenditure in Emerging and Developing Economies" »

May 7, 2015

Sanctions and their Toll – How has Iran Fared?

Bassam-AounAnalyst Insight by Bassam Aoun - Consulting Analyst

Across the globe, the news has spread - there could soon be a new market in town.

Since agreeing on a framework for the easing of sanctions, world powers have indicated that Iran could soon be open for business. The implications here are myriad - foreign direct investment could spike, competition could go from local to international and Iranian consumers could soon find themselves spoiled for choice at the nearby grocery store. Yet the question of how much damage the sanctions have actually caused still remains, as politicians and economists alike argue the extent to which Iran was affected. Regardless of the debate's semantics, the numbers paint a fairly clear picture of the sanctions' toll on the Iranian economy.

The effect on the consumer is readable and more pronounced by the day. Currency woes have stifled purchasing power, dampening growth prospects for several industries. Specifically, between 2009 and 2014, the Iranian Rial has increased in value versus the US Dollar by 162.5%. Furthermore, this ratio is set to further depreciate the currency by 86.7% between 2015 and 2019.

Iran-Sanctions

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May 1, 2015

Kahvaltı, Networking ve Pazar Öngörüleri için bize katılın

Breakfast-Briefing-Banner

Euromonitor International, Türkiye'de yükselen pazarlardaki trendlerden haberdar olmak için 26  Mayis Salı günü saat10:30-13:00`da Hilton Istanbul Bosphorus otelde gerçekleşecek olan “Breakfast Briefing” etkinliğimize sizi davet etmekten mutluluk duyar.

 

Yerinizi ayırtmak için şimdi kaydolun ›

› Türkiye pazarındaki eğilimlere ve gelişmelere dair değerli sektör görüşleri elde edin

› Perakende, süt, hazır yiyecekler, şekerleme, sıvı ve katı yağlar ve giyim sektöründe yerel, bölgesel ve küresel düzeyde fırsatlar hakkında bilgi edinin

› Hangi kategorilerin işletmenizi bölgesel ve küresel olarak büyüteceğini öğrenin 

› Market ve perakende sektörlerindeki konseptleri ve gelişmeleri keşfedin  

› Büyümeye yönelik eğilimleri ve fırsatlarıdan haberdar olun

Continue reading "Kahvaltı, Networking ve Pazar Öngörüleri için bize katılın" »

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Recent Posts

Deception of Expanding Urban Populations

Doing Business in the Halal Market

Doing Business in the Halal Market

Doing Business in the Halal Market: Products, Trends and Growth Opportunities

Iran's Grocery Market Poised for Growth Following Nuclear Deal

Iran’s Dairy Market a Temporary Solution to Russia’s Lockdown and China’s Slowdown

Cultural and Religious Barriers: Prospects for Greater Market Penetration of Toilet Paper

Top 3 Drivers of Consumer Expenditure in Emerging and Developing Economies

Sanctions and their Toll – How has Iran Fared?

Kahvaltı, Networking ve Pazar Öngörüleri için bize katılın