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June 30, 2015

Three Trends Driving Forward Remote M-Commerce in 2015

Michelle EvansAnalyst Insight by Michelle Evans - Senior Consumer Finance Analyst

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Back in 2007, Apple set off a smartphone revolution when it introduced the iPhone to market. While some industry observers back then doubted the potential of the iPhone to impact the mobile industry — let alone payments — it has nevertheless jumpstarted a smartphone revolution. Of course, other mobile phone manufacturers have since followed suit to make the smartphone one of the most popular consumer devices on the planet today.

This plethora of such devices has set into motion generational shifts in a number of industries, including payments, retailing, foodservice and travel. The increased availability of smartphones has ushered in new ways of conducting commerce and executing payments. In addition, these technological advances have ushered in a new consumer type — a connected one. Despite all the hype surrounding the potential of in-person or proximity mobile payments, remote mobile commerce accounted for 98% of mobile payments made globally in the 46 markets researched by Euromonitor International.

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June 29, 2015

Decorative Paint by Volume

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Euromonitor International is pleased to announce that the new 2015 Home and Garden system edition now includes Decorative Paint data in volume terms (litres).

This new dataset allows users to compare the evolution of per capita consumption over the last 15 years (2000-2014) with forecasts to 2019 in all 32 researched markets.

June 25, 2015

Top Trends Seen at FMI Connect and United Fresh 2015

The FMI (Food Marketing Institute) Connect, InterBev, and United Fresh co-located trade shows took place in Chicago from June 8 to 11. The three trade shows hosted attendees who saw the latest in alcoholic drinks, fresh produce, hot and soft drinks, and packaged foods for the supermarket industry. Below are the top trends that the Euromonitor research team of Beatriz de Llano, Emily Balsamo, Eric Penicka, Mark Strobel, and Virginia Lee observed.

Authentic Italian

Italia

Italian companies had a big presence at this year’s FMI Connect through the Italy pavilion. Organized by the Italian Trade Agency (ITA), the pavilion featured about 50 Italian food and beverage companies featuring products from gorgonzola cheese to Prosecco to packaged cornetti (an Italian pastry). While the presence of Italian products at FMI Connect was undoubtedly to increase exports of Italian products into US retail outlets, the underlying goal of the ITA was to educate Americans about what separates products from Italy and those made in the Italian style. Further, the ITA’s final objective is to obtain geographic labelling protections much like those which currently exist within the European Union, which are currently being negotiated under the Transatlantic Trade and Investment Partnership. If passed, geographical indications on European products would give consumers an additional informative label to trust, much like “Certified GF Gluten Free” and “USDA Organic” certifications, assisting consumers in identifying true Italian products from their imitators.

Continue reading "Top Trends Seen at FMI Connect and United Fresh 2015" »

June 24, 2015

The Royal Ahold and Delhaize Merger: How to Survive in the US Grocery Retail Market

Tim BarrettAnalyst Insight by Tim Barrett - Retailing Analyst

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On 24 June 2015, Royal Ahold NV and Delhaize Group announced their intent to merge, a move which is indicative of the increased competition in modern grocery retail and the need to compete on price. The combined company would have had a 4.6% market share of grocery sales with over 2,100 outlets in the US in 2014. Despite being international grocery chains, both generate around 60% of their total sales in US, making it a very important market. Their combined share will assist the new company in hammering out efficiencies by giving them the ability to limit redundant costs and utilize their increased bargaining power with suppliers to keep costs low wherever possible—both of which are essential to survive in a market that is focused mainly on low prices.

Continue reading "The Royal Ahold and Delhaize Merger: How to Survive in the US Grocery Retail Market " »

June 23, 2015

Coffee Fest: A Review of the North American Market and Key Hot Drinks Trends

The Coffee Fest trade show took place on Navy Pier in Chicago from June 5 to June 7, hosting a wide range of players in the coffee and hot drinks industry, including coffee shop owners, baristas, roasters, distributors, manufacturers and more. Here, Euromonitor International’s drinks research analysts Mark Strobel and Eric Penicka presented on ‘The State of the North American Coffee Market’. Below are some key points from the presentation as well as other notable trends from Coffee Fest.

Euromonitor’s Presentation on the State of the North American Coffee Market

CoffeeFestGlobally, retail coffee is a US$85 billion dollar industry and North America is among the largest and fastest growing of all regions worldwide. In the US, coffee pods have dominated conversations as its value share of the market has grown from nearly negligible a decade ago, to a US$4 billion industry in 2014. However, their growth spurred on by the Great Recession is expected to taper off in the next five years. Pod’s stalling growth will in part be a result of increased consumer appreciation of coffee in the US, where third-wave, independent coffee shops have gained ground. Furthermore, specialty coffee shop growth can largely be attributed to the millennial age group which has changed consumer trends across industries and will only grow in importance in the years to come as their purchasing power advances.

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June 22, 2015

Vapor Devices and e-Cigarettes in the Global Tobacco Market

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June 16, 2015

Connecting with Hyperconnected Consumers

Through widespread access to and use of electronic devices, consumers today are more connected to one another, and to the world around them, than ever before. This continuous access to technology has turned many in all corners of the globe into “hyperconnected consumers”, with new purchasing habits and preferences for interacting with the social and commercial worlds around them that are directly shaped by their heavy use of technology. To learn more about these hyperconnected consumers, Euromonitor International surveyed over 8,000 online consumers in 16 markets in December 2014.

This presentation, given at a Women in Research (WIRe) event in Chicago on June 11, 2015, explores how brands and retailers can connect the hyperconnected consumer’s desire for immediacy, transparency, and convenience with new strategies for reaching this segment online, in the physical world, while shopping, and via mobile.

June 12, 2015

Security Lessons from the Cartes America Conference

Michelle EvansAnalyst Insight by Michelle Evans - Senior Consumer Finance Analyst

View Michelle Evans's profile on LinkedIn

Cartes Secure Connexions America took place in May in Washington DC. This conference, which attracts global professionals in the payments, identity and mobility industries, was largely focused on security trends, with a great emphasis on the US migration to chip-based cards and security as it relates to future mobile payments scenarios.

US playing catch-up to the rest of the world

The US is the last developed market to still predominately use magnetic strip cards instead of the chip-based cards, which are so commonplace in every other corner of the world. Of course, that is changing as the US is in the midst of a transition to become compliant with EMV, short for Europay-MasterCard-Visa standards.

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June 11, 2015

Adris Grupa Sells Tobacco Unit to British American Tobacco

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Listen as MP3

On Saturday 30 May, 2015, Adris Groupa officially signed over their tobacco unit to British American Tobacco in one of the largest acquisitions in Croatian history.  This podcast examines the factors motivating the company to sell, the Croatian tobacco market, and the future trajectory of Adris Groupa.  Listen for complete insights.

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June 10, 2015

WWDC 2015: Apple is Catching Up with Competition

Ryan TuttleAnalyst Insight by Ryan Tuttle - Research Associate

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Apple Inc held its annual Worldwide Developers Conference Keynote June 8, unveiling a bevy of new software updates. In this article, Euromonitor International examines the most important announcements to come out of WWDC 2015.

WWDC

Source: Apple Inc 

Continue reading "WWDC 2015: Apple is Catching Up with Competition" »

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Recent Posts

Three Trends Driving Forward Remote M-Commerce in 2015

Decorative Paint by Volume

Top Trends Seen at FMI Connect and United Fresh 2015

The Royal Ahold and Delhaize Merger: How to Survive in the US Grocery Retail Market

Coffee Fest: A Review of the North American Market and Key Hot Drinks Trends

Vapor Devices and e-Cigarettes in the Global Tobacco Market

Connecting with Hyperconnected Consumers

Security Lessons from the Cartes America Conference

Adris Grupa Sells Tobacco Unit to British American Tobacco

WWDC 2015: Apple is Catching Up with Competition