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Euromonitor International is proud to host a conference on 18th October 2019 for the very first time organised in Singapore. This prestigious event titled Envisioning Consumers of the Future is a part of our latest Southeast Asia (SEA) conference series and 200 top-level Singapore-based managers from FMCG companies, banking sectors, governmental and trade organisations are expected to attend.
We will share key trends about evolving global consumer lifestyles and changing consumption behaviours in a SEA context. Come and hear our experts and invited panellists discuss how the global consumers will live, eat, shop and play in the future.
Session one – EATING: How will the foodservice industry evolve in face of Industry 4.0 adoptions?
Speaker: Leong Soon Yen, Head of Consulting – Client Partnerships, Euromonitor International
By 2023, global consumer foodservice is expected to grow by a stunning 24% to USD3.7 trillion with Asia Pacific markets contributing about half to this global revenue. With adaptations of Industry 4.0 technologies permeating the foodservice industry, the foodservice value chain is experiencing a digitalized facelift which not only enhances operators’ efficiencies; delivery systems; and revenue streams, but has also overhauled the consumer experience and their path-to-purchase. How should foodservice operators evolve to compete in the age of digitalization?
Session two – SHOPPING: How will artificial intelligence, the Internet of Things and 5G accelerate the rate of change for businesses and consumers in the future?
Speaker: Rusne Naujokaityte, Senior Research Manager, Euromonitor International
In the last decade, technology has emerged as one of the key drivers reshaping the world and, specifically, shopping experience, and is likely to continue to be one of the most important factors inspiring future upheavals. New technologies, such as artificial intelligence, the Internet of Things and 5G, will accelerate the rate of change for businesses and consumers alike. Will online retailers replace physical outlets? How will the retail stores evolve during next ten years in order to better serve a more informed, impatient and internet-connected Millennial and Generation Z shopper?
Session three – HAVING FUN: Amidst the hustle and bustle, how are we having fun?
Speaker: Jo Ann Reddy, Senior Regional Division Manager – Sales, Euromonitor International
We live in a dynamic region where consumers work hard and therefore expect to play hard. How do we define fun in an age where consumers get bored easily and are always asking to be challenged in the way they think, feel and experience? Asia Pacific is the third largest region in the global recreation, entertainment and arts industry, accounting for almost one quarter of global output in 2018 and is expected to continue to grow at a healthy rate through 2030. So where are the opportunities in the industry and what comes next for players in our region?
Session fourth – ON THE MOVE: How will 5G change the way we travel across megacities of the future?
Speaker: Philip Benton, Research Manager, Euromonitor International
How consumers live their lives has undergone a radical transformation with 60% of the global population set to be urban by 2030; existing cities have multiplied, fewer consumers drive and the smartphone has enabled multiple transport options at a touch of a button. With the adoption of 5G and acceleration of ride-sharing and electric bike schemes, what impact will this have on the future of mobility and ultimately the automotive?
Session five – GOING GREEN: What does the Future Hold for Sustainable Cities, Homes & Lifestyles?
Speaker: Erika Sirimanne, Head of Home and Garden Research, Euromonitor International
Sustainability is quickly shaping up to be the fundamental challenge of our lifetime. Consumers, businesses and governments are regularly faced with ideas like climate change and the circular economy, but what does sustainability really mean for all of us and how quickly do we have to act in order to turn this into an opportunity? In this session, Euromonitor will explore what the future holds – taking a deep dive into sustainable cities, sustainable homes and sustainable lifestyles. Taking inspiration from countries such as Norway and Sweden, who are the top ranked markets in Euromonitor’s Environmental Sustainability Index, we will build a picture of Singapore’s sustainable future and what that means for consumers and companies alike.