Enjoy a 15% discount on all purchases until the 31st of March 2023 using the promo code EOFWEB22 at check out!

Consumers Our insights cover everything from income, spending, behaviour and attitudes to demographic changes and household makeup. We help businesses anticipate consumer preferences and stay relevant long term.

Strategy Briefing Comparing G7 and E7 Cities in 2030 Now Launched

Iryna Sychyk Profile Picture
Iryna Sychyk Bio

Since the turn of the millennium, emerging economies have consistently outperformed their developed counterparts in real GDP growth. The emergence of jobs in tertiary and higher skilled industries have helped elevate incomes, in turn, yielding a thriving middle class that has divested greater portions of expenditure toward discretionary goods and services. That said, as of 2017, absolute consumer affluence was still very much in favour of developed economies — the question is — will this change by 2030?

Real Disposable Income per Capita in G7 and E7 Cities 2030

E7 cities, particularly those in China, India and Indonesia, are forecast to witness remarkable real GDP growth, with their real economies doubling over the period to 2030. Meanwhile, major G7 cities are expected to still outweigh on the sheer size of their economies by the end of the next decade.

Euromonitor expects by 2030 Chinese cities will assert their influence the most from the E7 group. Asian anchors, Beijing and Shanghai, will climb into the top 10 largest metropolitan economies within the overall group under analysis. Emerging gateways – Shenzhen, Guangzhou and Tianjin – will join the top 15 league.

The Emerging versus G7 Cities strategy briefing compares household affluence in 2030 based on various economic indicators forecast by Euromonitor International of cities in the G7 (Group of seven countries composed of the US, UK, Canada, France, Germany, Italy and Japan) and E7 (Emerging seven countries composed of China, India, Brazil, Mexico, Russia, Indonesia and Turkey) bloc.

Interested in more insights? Subscribe to our content

Explore More

Shop Our Reports

New Consumer Landscape: Consumerism and Beyond

Due to changing global demographics and unfolding financial and environmental concerns, consumption patterns have been evolving over the recent years,…

View Report

Voice of the Industry: Consumer Lifestyles 2022

This report highlights the results of Euromonitor International’s Voice of the Industry: Lifestyles survey capturing insights on consumer behaviour, shopping…

View Report

Global Inflation Tracker: Q1 2023

This report examines inflation levels and drivers globally and in key countries. In 2023, global inflation is expected to ease from its peak in 2022, but…

View Report
Passport Our premier global market research database with detailed data and analysis on industries, companies, economies and consumers. Track existing and future opportunities to support critical decision-making across all functions within your organisation Learn More