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Retail research worldwide | Page 4
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Middle East
UAE and KSA consumers re-purposing their spending habits
Consumers in Saudi Arabia and the UAE are re-purposing their spending habits in response to the current economic climate, although they remain notably more upbeat than their global peers on the outlo
14 November 2023
China
Half of Chinese consumers to spend more on Singles Day 2023
Singles Day, also known as the ‘anti-Valentine’s Day’, is an annual shopping extravaganza in China that falls on 11 November.
10 November 2023
Indonesia
Indonesian skincare market on a steady growth path
The skincare sector in Indonesia is projected to expand over the next four years at a compound annual growth rate of nearly 5% due to more easily accessible information on the advantages of skincare
10 November 2023
India
Ecommerce revenue to jump during India’s 2023 festive season
Online retail sales during India’s festive month is expected to be up to 20% higher compared to last year, offering promising prospects for e-commerce retailers and consumers alike.
27 October 2023
United Kingdom
Cost of living continues to hit Christmas spending
After another year of rampant inflation, more than one-third of Britain’s consumers are planning on downsizing their Christmas spending on gifts.
27 October 2023
Middle East
Black Friday is a $74 billion retail opportunity for MENA
In the retail landscape of the Middle East and North Africa (MENA), this year’s Black Friday is set to potentially be a $74 billion opportunity.
24 October 2023
United Kingdom
Halloween popularity rises amid generational spending shift
Even as UK consumers scale back their spending on Christmas amid a cost-of-living crisis, Millennial and Gen Z shoppers are helping inflate the annual revenues of the country’s Halloween economy.
18 October 2023
Asia
Market size of global halal industry to reach $7.7 trillion by 2025
Southeast Asia’s halal industry is booming according to a new study by management consulting firm YCP Solidiance, and is showing no signs of slowing down.
30 September 2023
Europe
Clothing industry can cut emissions by 3% by reducing overproduction
The apparel sector is plagued by extensive overproduction, with annual rates ranging from 10% to 40%.
26 September 2023
China
China leapfrogs rivals to become world's largest luxury goods market
The Chinese market for luxury goods is expected to grow to 25% of the global market by the end of this year.
26 September 2023
India
Steep growth to lift online fashion to $35 billion by 2028
The digital fashion sector is on a rapid growth track and is projected to represent a 29% share of India's fashion market by 2028.
05 September 2023
Europe
Global luxury goods industry could grow by 12% this year
The luxury goods market – think watches, jewelry, and high fashion brands – is growing at a remarkable rate, with the global market expected to reach up to €570 billion by 2030, which is double its w
18 August 2023
Middle East
Personal luxury fashion market to boom in Saudi and the UAE
The luxury market in the Middle East – and particularly in Saudi Arabia and the UAE – is expected to grow significantly in the coming years, with more big spenders shopping for the finer things.
16 August 2023
United Kingdom
Consumers resilient in the face of uncertainty, Accenture finds
A majority of people expect their disposable income to remain the same or improve within the next 12 months despite economic uncertainty.
15 August 2023
Saudi Arabia
Booming Saudi e-commerce market shifting to homegrown players
Saudi Arabia’s e-commerce market has largely depended on international marketplaces to fulfil the needs of its consumers.
07 August 2023
United Kingdom
Half of UK consumers say kindness is important in buying choices
A majority of global consumers now define the ‘kindness’ of a company as a key factor in purchasing goods and services – with 61% saying it has caused them not to make purchases in the last two years
28 July 2023
Asia
Online shoppers want more information around sustainability
Greenwashing and stubbornly high prices for sustainable products are concerns in Europe and Asia, as countries around the world try to meet sustainability goals.
27 July 2023
United Kingdom
Consumer negativity on economic outlook falls
As the global economic picture remains clouded by uncertainty, consumer sentiment remains notably pessimistic about future prospects.
12 June 2023
India
Report: India's internet economy to hit $1 trillion by 2030
India’s digital economy is expecting a six-fold increase in growth in the near future, and is set to hit a value of $1 trillion by 2030.
06 June 2023
Europe
Companies that offer top ESG value see 5x higher revenue growth
Sustainability sells: Brands that embrace purpose and sustainability can capture more consumer interest and drive growth.
05 June 2023
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