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consumer spending

Showing 1 - 32 of 49 documents
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Class Differences and the Effect on Spending in Hong Kong

Hong Kong’s easing economic growth continued to weigh on the performance of the country’s consumer market in 2016. At the same time, Hong Kong’s income distribution remains extremely unequal, despite increased government social spending during the period 2011-2016. Over the long term, economic factors (particularly the performance of the country’s external sector), coupled with demographic […]
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Brexit: Impact on Consumers

As the uncertainty surrounding a Brexit from the European Union (EU) rumbles on, the Consumers team examine the potential implications of Brexit from the Households, Income and Expenditure and consumer angles. Insights include the uncertainty surrounding the real estate market in the UK, the impact of Brexit on the highest income-wealth segment and the generational divide that […]
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Rising Education Standards in Emerging Market Economies Will Support Income and Economic Growth

Education standards in emerging market economies (EMEs) are improving significantly on the back of economic growth and strong public investment. This will help to boost labour productivity, employment and competitiveness, with positive knock-on impacts on incomes, consumption, middle class expansion and economic growth. Businesses will, however, see labour costs rising, while unequal access to education […]
WHITE PAPER

White Paper | Consumers in 2016

With 2016 set to be another challenging year for the global economy, today’s consumers will continue to evolve, with a blend of trends and countertrends characterising behaviour and attitudes. A collection of insights across Euromonitor areas of expertise, including Digital Consumer, Income and Expenditure, Households, Lifestyles and Population, Consumers in 2016 analyses prevalent trends across developed […]
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Income and Expenditure Mexico: Low Income Consumers Not to Be Overlooked

With an expanding middle class with rising disposable income and Latin America’s second largest consumer market (behind Brazil), Mexico offers a potentially significant market for international consumer goods companies, as highlighted by Euromonitor International’s Income and Expenditure Mexico Country Briefing. However, income inequality in the country is high and is expected to remain elevated in […]
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Positive Macroeconomics Drive Growth in Consumer Electronics in APAC

As I explore in our “Consumer Electronics in Asia Pacific: How Demographics and Income Shape Demand” global briefing, Households in emerging markets in Asia Pacific are changing as dramatically and as rapidly as the economies of these markets driven by growing population, rapid urbanisation, rising disposable income and growing middle class. While smartphones and tablets benefit […]
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Deception of Expanding Urban Populations

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 […]
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The World in 2015

Hong Kong’s easing economic growth continued to weigh on the performance of the country’s consumer market in 2016. At the same time, Hong Kong’s income distribution remains extremely unequal, despite increased government social spending during the period 2011-2016. Over the long term, economic factors (particularly the performance of the country’s external sector), coupled with demographic […]
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Euromonitor to Speak at Hong Leong Bank Conference 2014

Event: ASEAN Economic Community (AEC) as a Dynamic Consumer Market Date: 18 November 2014 Location: Summit Room, Level 2, Mandarin Oriental Kuala Lumpur Speaker: An Hodgson – Income and Expenditure Manager Presentation Time: 12:00pm – 13:00pm Presentation Title: Understanding the ASEAN Consumer Conference and Presentation Description: The proposed establishment of ASEAN Economic Community (AEC) by […]
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Which Countries Have the Highest-Spending Middle Class Households?

To consumer goods businesses, middle class households are highly important because they drive consumer spending, especially spending on discretionary items (that is, all items except food, non-alcoholic drinks and housing). Although the middle class in emerging markets is celebrated for its rapid expansion, their purchasing power remains low. In 2013, a middle class household spent […]
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How Education Standards in the BRICs Compare

Education standards are an excellent predictor of future consumption habits in a country. When education standards rise, this means a higher proportion of the population will work in skilled jobs with higher salaries. Among the BRIC markets, Russia has the highest proportion of its population aged 15+ with higher education, at 15.2% in 2013. India […]
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One Quarter of the World’s Educated Population Resides in Just 100 Cities

With governments recognising the link between education and economic competitiveness, education standards are rising globally. Increased prioritisation of primary and secondary education is translating into rising uptake of tertiary education in many economies. The number of people with higher education globally rose from 518 million in 2005 to 704 million in 2013, with 24% of […]
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Brighter Future Ahead for Urban Consumers in Eastern Europe

The coming years promise notable opportunities for consumer goods businesses in Eastern European metropolises thanks to forecasts of accelerating consumer expenditure as a result of improved economic performance. Eastern European cities will outperform their Western European counterparts, indicating generally better potential in developing markets. Top 10 Growth Cities for Per Household Consumer Expenditure in Europe […]
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KKR Considers Cashing in on Pets at Home

The flotation or sale of UK pet superstore chain Pets at Home is reportedly under consideration by owner KKR, the US-based private equity firm. What are the strengths and weaknesses that potential suitors should consider? Pet Humanisation Trumps Recession The UK pet care market has been remarkably resilient in recent years, exhibiting a real compound […]
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Five Payment Predictions for 2014

Prediction 1: The Convergence of Loyalty with Mobile Payments Mobile wallets have failed to take off in the marketplace due to a combination of factors, including consumer fears around privacy and security, an uninformed consumer base, an absence of the needed infrastructure and the convenience of already established payment methods. In order to encourage wider […]
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