Top 10 Countries and Consumers articles of 2009
2009 saw the world economy in its worst recession in over 60 years following the global financial crisis in 2008. Every region of the world was affected with wide-spread implications for consumer behavior. Passport GMID (Global Market Information Database) analyzes these trends.
1. Top 10 consumer trends for 2009
All expectations are that this will be a year of guarded consumption for consumers globally - but consumption is more resilient than people might think and many commentators point out that the global consumer mindset is tuned to recession-spending.
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2. Top 10 consumer trends in Singapore
It isn't easy for consumers in Singapore at present. "Singapore's economy is going through its sharpest, deepest and most protracted recession," said Ravi Menon, a trade ministry official of the island nation. Singaporeans are already taking matters into their own hands to rein in the recession. More are taking public transport with some taking enrichment classes to stay in the race, while others travel overseas less often. Many are even cutting down on a national obsession – food.
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3. Special Report: Short-term forecast of global real GDP growth
In its October 2009 review, the IMF slightly revised up its forecast for the global economy. In July 2009 it had projected a global economic contraction of 1.4% annually in 2009 following the world financial crisis, but revised this to a smaller contraction of 1.1% in 2009. More encouragingly, the IMF significantly improved its forecast for the global economy in 2010, anticipating growth of 3.1% annually, up from its July 2009 forecast of 2.5%.
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4. Mapping global pollution: The world's biggest polluters
The United Nations Climate Change Summit is taking place in December 2009 in Copenhagen with the aim of coming up with a replacement to the Kyoto Protocol for global emissions targets, which are due to expire in 2012. 192 countries are involved but a divide exists between emerging markets and advanced economies on where responsibility lies for reducing emissions. China is the world's largest polluter followed by the USA but emerging markets generally lag behind in terms of per capita emissions.
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5. What's new with the emerging market consumer?
Euromonitor International's consumer comment bulletin tracking new consumer trends in emerging markets. Understanding the fast-moving trends shaping consumer attitudes and behaviour in these difficult-to-research markets is key to successfully capturing the hearts of these prized consumers. This bulletin spotlights consumer trends in BRIC countries and other emerging nations every two months.
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6. Monthly economic review of emerging market economies
Euromonitor International's monthly economic review analyses short-term indicators for major emerging economies. National statistics and Central Bank data is researched for the latest monthly/quarterly statistics, which is useful for producing up-to-date analysis. Countries covered in addition to the BRIC economies are Mexico, Poland, South Africa, Argentina, Indonesia and Turkey. Key short-term indicators include real GDP growth, consumer confidence, inflation and exchange rates.
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7. Special Report: Towards universal global mobile phone coverage
The global expansion of mobile telephony between 2003 and 2008 has brought unprecedented access to communications for consumers and businesses worldwide. Most of the growth has taken place in the developing world and this trend is set to continue, with mobile phone usage expected to reach near universal levels of connectivity by 2015-2020.
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8. Monthly economic review of G7 economies
Euromonitor International's monthly economic review analyses short-term indicators for the G7 nations (Canada, France, Germany, Italy, Japan, UK and USA). National statistics and Central Bank data is researched for the latest monthly/quarterly statistics, which is useful for producing up-to-date analysis. Key short-term indicators include real GDP growth, consumer confidence, inflation and exchange rates.
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9. Chinese consumers in 2020: A look into the future
The undeniably strong spending power demonstrated by Chinese consumers both domestically and abroad has held the attention of all market watchers in the past decade. They are more liberal than those of their savings-minded parents. The new consumers are trendy, hold white-collar jobs, own an apartment and a car and travel abroad extensively. Following these trends, what will the Chinese consumers of tomorrow be like? Will they ride over the economic crisis and continue to spend big?
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10. Indian consumers in 2020: A look into the future
A fast growing economy and a rising number of affluent consumers have pushed India into the league of most brand conscious countries globally. Many Indian consumers today are savvy shoppers who are educated, know their brands and are ready to spend more on premium lifestyle products and entertainment.
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