Coronavirus (COVID-19) From permanent shifts to temporary change, we identify the themes transforming consumer markets as behaviour, values and priorities shift in the light of the Coronavirus pandemic.

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Article

Global Economic Outlook: Q4 2021

Daniel Solomon

Daniel Solomon

21 Oct 21

The global economic outlook for 2021 has worsened moderately since mid-2021, offset by slightly more optimistic recovery forecasts for 2022. Global real GDP is now forecast to increase by 5.7% in 2021 (a 0.2 percentage point downgrade since July 2021), and by 4.8% in 2022 (a 0.2 percentage point improvement relative to the July 2021 forecast). Since July, real GDP growth forecasts for 2021 have been significantly downgraded for the US, Canada, China, India, and other Asia Pacific economies, such as Indonesia and Australia.

Article

Evolution of Physical Space in Retail and Hospitality

Nadejda Popova

Nadejda Popova

20 Oct 21

Physical spaces have long faced an existential threat from the rise of e-commerce and digital platforms offering quicker, often more agile offerings for a Millennial-driven audience of digital-savvy consumers. The pandemic, however, accelerated this shift in a very short period of time. Many outlets across retail, foodservice and travel were closed as businesses went bankrupt and realised that many of the older models no longer had a future in a post-pandemic market. Consumers, meanwhile, became even more familiar with the digital offerings increasingly available.

White Paper

Travel Rewired: Innovation Strategies for a Resilient Recovery

Caroline Bremner

Caroline Bremner

18 Oct 21

Be the first to read about Euromonitor International's new travel innovation research, which we are presenting at WTM London on 3rd November 2021. Pre-register to receive a copy of the white paper.

Article

グローバリゼーションリセット:なぜ今、グローバル戦略を見直す企業が増えているのか

Lan Ha

Lan Ha

15 Oct 21

新型コロナウイルス(COVID-19)は世界の接続性がいかに脆弱であるかを浮き彫りにし、グローバリゼーションのリセットに拍車をかけるとともに、国や企業に対して貿易、投資、経営方針の再考を促した。企業や投資家がグローバリゼーションの次のステージに備え、それがもたらす機会や課題に対策をとるためには、世界情勢を変えている要因や、グローバリゼーションがどのように変化しているかを理解することが重要となる。

Article

Immunity Receding, Mental Health Advancing to Drive Consumer Health in 2021

Matthew Oster

Matthew Oster

14 Oct 21

Global growth in consumer health is expected to reach 2% in 2021, up only slightly from 1.8% in 2020, as the fitful pace of reopenings over the course of 2021 allowed for marginal improvements in consumer spend in categories suppressed during the height of the pandemic in 2020. The persistence of the spread of Coronavirus (COVID-19) and the still-ongoing efforts to vaccinate consumers across the globe have limited the pace of growth in 2021.

Article

Travel Recovery: Peak Sales Not Expected to be Recouped until 2024

Caroline Bremner

Caroline Bremner

14 Oct 21

The travel industry has been decimated by the pandemic, being the first to close and the last to reopen. Euromonitor research forecasts that international tourism spending is expected to claw back some ground to reach USD635.4 billion in 2021. Nevertheless, it remains precariously 63% below 2019 levels in real terms.

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