Retailers Turned Bankers most Prevalent in Latin America

Due to the global recession, large banks have been tightening access to credit, and major retailers around the world have stepped in to fill the void. For instance, a consumer in the US can apply for a home renovation loan at the Home Depot, or jumpstart a small business venture at Sam's Club. However, Latin America is the most prevalent area for this activity, and it comes down to the trust that consumers have with their retailers. Consumers in Latin America distrust banks due to years of hyperinflation and high interest rates, and have turned to retailers such as Super Farmacia, Elektra, and Soriana to pay bills, open credit cards, and even start simplified savings accounts.

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Five Key Trends in Pet Care

Euromonitor's Pet Care Research team identified five key trends in the pet care industry.
Learn more about Euromonitor's pet care research here.

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How Japan's Tourism Industry Bounced Back from the 2011 Earthquake

The Great East Japan Earthquake and subsequent disasters in March of 2011 had devastating effects on Japan as a whole, but also on its inbound tourism. However, Japan’s inbound tourism was able to recover in 2012 due to several processes put in place by the government, including promotion of the country and the speeding up of the visa process. Inbound tourism is expected to continue its growth in the upcoming years, with the resilience of the country signified by Tokyo bidding for the 2020 Olympics.
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日本のインバウンドツーリズム –２０１１年東日本大震災後、訪日外国人旅行を回復させた要因と今後の展望について–

訪日観光市場は２０１１年に発生した東日本大震災の影響を受け、外国人旅行は大きく落ち込みましたが、２０１２年には全体的に回復傾向にありました。ユーロモニター・インターナショナルのリサーチアナリスト本間彩子が訪日観光を回復させた要因と今後の展望について解説します。

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Can Cat Litter Gain a New Step?

The pet humanization trend, in which consumers treat their pets as members of the family, has affected many sectors in pet care: clothing, pet health care, pet food, to name a few. However, the trend has yet to reach cat litter. Sales of cat litter have been stagnant in most markets for some time. To combat slow sales, companies are looking to add value. Products launched with claims such as dust free, biodegradable and environmentally friendly have been popping up on store shelves recently.

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Opportunities for Toilet Care in India

The number of flush toilets are on the rise in India, but consumers are using acids and other chemicals to clean their toilets. To sway consumers, companies such as Reckitt Benckiser are going door to door to educate consumers about the use of bleach to clean their toilets. With the number of toilets growing, there are still large opportunities in this sector.

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Cigarettes in 5 Ex-Yugoslavian Countries

The relationships between illicitly traded cigarettes and cigarette sales in the Ex-Yugoslavian countries of Bosnia and Herzegovina, Macedonia, Serbia, Slovenia and Croatia cannot be understated. Milan Cakic, Research Analyst at Euromonitor, takes a look at the rise and falls of cigarette sales in these five countries and proposes that cigarette sales will decline in all five over the next five years.

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Mergers and Acquisitions in the Paint Industry

Paint companies are increasingly focusing marketing efforts on emerging markets such as Mexico where growth in the number of households has reached 2%. Developed markets such as the US are also growing in the number of households. With the housing market recovering, more consumers are moving or upgrading their homes and buying household paints, and recent company mergers reflect this trend. Sherwin Williams recently acquired the Mexican paint company Comex in order to strengthen its position in the country, and PPG acquired Akzo Nobel in the US.

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Mercosur Rises to the World Stage

Trade negations were a prominent part of international discourse in 2012, and as a result of this, the Mercosur trade agreement between Argentina, Brazil, Paraguay, Uruguay, Venezuela and Bolivia rose to the international stage. Mercosur countries are not only important because of their growth in consumer expenditure, but also because of their rich agricultural and natural resources. Mercosur has also evolved from a trade agreement to more of a European Union style model which is tackling debt relief and negotiations with outside groups. The importance of Mercosur, as it rises to the world stage, cannot be understated.

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Positive Signs for the Russian Tourism Industry / Положительные перемены Российской индустрии туризма

English Version

Russian inbound tourism exceeded outbound tourism for the first time in 15 years in 2012 due to federal programs aimed at developing travel and tourism infrastructure in the country. Russia also benefitted from an increase in online tourism and with upcoming events such as the Winter Olympics in 2014; Russia should see an increase in tourism. Hear more about the global travel and tourism industry with a focus on Eastern Europe at WTM Vision Moscow on April 2.

 

 

русская версия

В 2012 году, впервые за 15 лет динамика роста количества прибывающих туристов превысила рост числа выезжающих из России. В основном этому способствовала государственная федеральная целевая программа, ориентированная на улучшение инфраструктуры и повышения конкурентоспособности России на мировой туристической арене; также рост онлайн услуг в сфере туризма и грядущие спортивные события мирового масштаба, такие как Зимняя Олимпиада в Сочи. Узнайте подробнее о глобальной индустрии туризма с фокусом на Восточную Европу на WTM Vision в Москве 2 апреля.

 

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