E-commerce growth is coming down from pandemic-driven highs and achieving a new level of maturity. Join our panel discussion to discover winning online strategies of retailers and brands. Hear from leading FMCG business executives about how to grow sales online. Register now.
While global GDP growth exceeded expectations thus far, the outlook for 2024 suggests subdued growth due to tightened financial conditions and economic slowdown in major economies. To navigate these challenges, your business needs to build resilience in the face of uncertainty and maintain a growth-oriented approach. Watch this video to understand the economic risks and opportunities in 2024.
Persistent inflationary pressures in Western Europe are forcing consumers to re-evaluate their spending priorities. While higher price sensitivity has led to a general reduction in non-discretionary spending, demand for affordable luxuries resists as consumers increasingly seek in-home luxuries and customised experiences. This article explores the primary audience for affordable luxuries and the specific product attributes consumers are willing to pay for.
In the ever-evolving landscape of societal consciousness, sustainable living has become a focal point for industry leaders. Recognised as a thriving topic, the sustainable home is emerging as a crucial element in addressing resource scarcity and mitigating the negative impacts of resource scarcity and climate change on consumers’ quality of life. This article explores the imperative of sustainable homes, the challenges they face, and the opportunities they present in the context of a rapidly changing world.
Male consumers in Hong Kong are becoming increasingly fashion-conscious and seek diverse options to express their personal style, thereby driving the future growth of menswear. With greater time spent at home and more casual dress codes, male consumers are prioritising comfort and fit for apparel items.
The dairy products and alternatives industry is set to deliver strong value growth globally in 2022 of 7.5%, to reach retail value sales of USD642 billon. On the flip side, volumes are estimated to be down by -0.6%. This reflects how inflationary pressures are heavily impacting dairy prices as farmers face increased cost for the production of dairy, including fertilisers, feed and fuel.
Over 2020-2023, income inequality deteriorated in nearly two third of the countries worldwide. The widening income gap is impeding post-pandemic recovery, worsening the cost-of-living challenges for lower-income households, and contributing to issues like poverty, social unrest, and instability. Nonetheless, there are growth opportunities for the companies that are ready to tackle income inequality heads-on. Catering to consumers in the Bottom of the Pyramid and the Middle Class can be straightforward pathways to achieving success.
E-commerce growth is coming down from pandemic-driven highs and achieving a new level of maturity.
You need to become savvier when deploying tactics to reach and engage with digital consumers to grow your online market share. Knowing where companies are winning online is crucial to sharpening your digital strategy.Explore More
Leveraging Euromonitor’s recent report, the Top 10 Global Consumer Trends 2023, the purpose of this webinar is to provide you with valuable insights on the most relevant trends in Asia Pacific and discuss how they can be applied to help businesses make informed decisions.Explore More
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Michelle Evans and her team share their insights around the tech trends that are redefining commerce in 2023. We explore how product development is being shaped by social platforms, the influence of gaming culture on shopping websites and ways retailers, brands and hospitality operators are offering more personalized experiences.Explore More