Megatrends in Denmark

October 2022

This Megatrends report highlights long-term trends resulting from shifts in consumer values and behaviour. It provides a summary of each of Euromonitor International’s eight focus megatrends, and insights as to how each trend has manifested in Denmark.

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This report comes in PPT.

Overview:

Consumer Lifestyle reports provide detailed snapshorts of the behaviours, attitudes and spending patterns of consumers in 40 countries. 

The Lifestyles reports offer valuable statistics and insights into key consumer traits and values, linking behaviour trends with purchase and consumption habits. Using lifestyles survey data, these reports quantify behaviours, preferences and motivations both now and in the future across specific consumer-related topics relating to how consumers live, shop, work and play in 40 markets. Analysis is also included on how Euromonitor’s 8 focus megatrends, the longer-term shifts in consumer attitudes and behaviour, are playing out in each of the 40 countries. Consumer lifestyles are constantly shifting. Understanding behavioural shifts is vital for businesses to stay competitive and adapt to in order to capitalise on new opportunities.

The Consumer Lifestyle in Denmark report includes:

Lifestyles survey data and analysis on consumer values, behaviour and future expectations on topics such as life priorities, home and work life, ethical and health priorities and eating, leisure and shopping habits and use of technology. Consumer Megatrends covered are: Connected Consumers Ethical Living Experience More Healthy Living Middle Class Retreat Premiumisation Shifting Market Frontiers Shopping Reinvented

The Consumer Lifestyle in Denmark report answers:

  • How is the consumer mindset in Denmark changing? In Denmark, what are consumer attitudes towards “green” and sustainable products?
  • What values influence consumers in Denmark purchase decisions?
  • Where and how do consumers shop in Denmark?
  • What health-related activities do consumers in Denmark participate in?
  • What megatrends should I focus on in Denmark (and why)?
  • How do I prioritize my investment? I operate in country x, which are the most important megatrends in that country?
  • My product chimes with the Healthy Living trend, what consumer behaviours do I need to consider for innovation planning?
Scope
The drivers shaping consumer behaviour
Megatrends framework
Businesses harness megatrends to renovate, innovate and disrupt
Digital living
Circle K uses number plate recognition to enable contactless fuel payments
Danes are world leaders in health tech
Danes are more comfortable than their global counterparts with sharing personal data
Millennials are keen to share data in exchange for offers
Family and friends are the most trusted source of information
Consumers expect to move more of their activities online post-pandemic
Experience more
Lego partners with Epic Games to create child-friendly metaverse
Millennials are the most appreciative of all types of experience
Danes are fond of socialising both online and offline
Holidaymakers prioritise relaxation and a safe environment
Millennials will see the most pronounced shift to online activities
Middle class reset
Pre-owned children’s goods concept Børneloppen continues nationwide expansion
Baby boomers are the biggest bargain-hunters
Repurposing continues to gain traction
Millennials are most willing to increase their purchasing of used items
Premiumisation
Vuffeli’s tailored dog care subscription service continues to innovate
Danes look for time-saving products
Millennials are most likely to research products in depth before buying
Organic claims take priority
Shifting market frontiers
Danish fuel partnership aims to make all domestic flights 100% fossil fuel-free by 2030
Danes take a strong interest in other cultures
Baby boomers are the most keen to support local business
Shopping reinvented
Coop Denmark increases convenience by providing unmanned out-of-hours store access
Shoppers are increasing their engagement with social media
Millennials are most likely to follow brands on social networks
Sustainable living
Carlsberg to trial eco-friendly fibre beer bottle across Europe
Danes are eager to play a part in protecting the environment
Wellness
Naturli’s new Do Not! Call Me M_lk mimics the taste and nutritional content of cow’s milk
Health supplements are widely used by Danes
Massage is the most common way to reduce stress
Danes take fewer safety precautions than their global counterparts
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