Global consumer
trends & preferences market is expected to undergo robust CAGR during the
forecast period. The major factors propelling the growth of the market are
changing consumers lifestyle coupled with increasing disposable income across
the globe. The growing trend for online shopping is also boosting up the market
growth. Further, the growing FMCG sector and growing technological advancement
are some other key factors which are expected to drive the growth of global
consumer trends & preferences market by 2027.
Online marketing is
playing a very important role in the latest trend & preferences market
across the globe. Since online shopping continues to gain grip among consumers,
over 80% of people across the globe have now purchased apparel, shoes, or
consumer electronics online at least once. Consumers are now putting themselves
first and that’s why they are looking forward to ways that can simplify their
lives. They are progressively looking for flexibility in their lifestyles and are
prepared to take risks. Adopting clean-living, advance lifestyle, advance
technological products and increasing spending power are all the factors that
are contributing to the growth in the consumer trends & preferences market.
Global consumer
trends & preferences market can be segmented based on demographic
representation, FMCG market, consumer durables market, retail market and region.
The retail market has led the overall market in 2021 and is undergoing
continuous growth owing to the increasing demand for electronic, clothing and
other retail products around the globe. The market is expected to lead in terms
of share during the forecast period as well.
Regionally,
Asia-Pacific dominated the market in 2021 with share of over around 30% of the
market owing to region's large consumer population, high demand for good
quality products and positive government policies. North America was the second
largest region in the same year accounting for over 25% of the market followed
by Europe.
Major companies
operating in global consumer trends & preferences market include Procter
& Gamble, PepsiCo., Unilever Plc, AB InBev., Coca Cola, JBS, Phillip
Morris, L'Oréal., Wal-Mart Stores, Inc., Costco Wholesale Corporation, Kroger
Company, Walgreens Boots Alliance, Inc., Tesco PLC, Carrefour SA, Amazon.com,
Inc. and Metro Group AG, among others. Companies are focusing on launching products
which are tailored to local tastes and preferences. Also, the market is
witnessing demand for products that are recyclable or are made up of recyclable
goods in order to promote environment conservation.
Objective of the Study:
- To analyse and forecast the market size of
global consumer trends & preferences market.
- To forecast global consumer trends &
preferences market based on demographic representation,
FMCG market, consumer durables market, retail market, company and region.
- To identify drivers and challenges for global consumer
trends & preferences market.
- To examine competitive developments such as
expansions, new product launches, mergers & acquisitions etc. in
global consumer trends & preferences market.
- To identify and analyse the profile of leading
players operating in the global consumer trends & preferences market.
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TechSci Research performed both primary
as well as exhaustive secondary research for this study. Initially, TechSci
Research sourced a list of consumer trends & preferences companies across
the globe. Subsequently, TechSci Research conducted primary research surveys
with the identified companies. While interviewing, the respondents were also
enquired about their competitors. Through this technique, TechSci Research
could include the companies which could not be identified due to the
limitations of secondary research.
TechSci Research calculated global consumer trends &
preferences market size using a bottom-up approach, where data for various end
user industries and its application across various service types were recorded
and forecast for the future years. TechSci Research sourced these values from
the industry experts and company representatives and externally validated
through analysing historical data of these product types and applications for
getting an appropriate, overall market size. Various secondary sources such as
company websites, news articles, press releases, company annual reports,
investor presentations and financial reports were also used by TechSci
Research.
Key Target Audience:
- Consumer trends &
preferences companies/partners
- Supplier/Distributors
- Government bodies such as
regulating authorities and policy makers
- Organizations, industry
associations, forums and alliances related to consumer trends & preferences
market
- Market research and
consulting firms
The study is useful in providing answers
to several critical questions that are important for the industry stakeholders
such as consumer trends & preferences companies and service providers,
etc., besides allowing them in strategizing investments and capitalizing on
market opportunities.
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Attribute
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Details
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Base Year
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2021
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Historical Data
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2017 – 2020
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Estimated Year
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2022
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Forecast Period
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2023 – 2027
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Quantitative Units
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Revenue in USD Million and CAGR for
2017-2021 and 2022E-2027F
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Report coverage
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Revenue forecast, company share, competitive
landscape, growth factors, and trends
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Segments covered
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- Demographic Representation
- Type
- Consumer Shares
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Regional scope
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North America; Europe; Asia Pacific; South America;
Middle East & Africa
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Country scope
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United States, Mexico, Canada, China,
India, Japan, South Korea, Australia; Germany, France, United Kingdom, Spain,
Italy; South Africa, UAE, Saudi Arabia; Brazil, Argentina, Colombia;
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Key companies profiled
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Procter & Gamble, PepsiCo.; Unilever Plc, AB
InBev., Coca Cola, JBS, Phillip Morris, L'Oréal., Wal-Mart Stores, Inc.,
Costco Wholesale Corporation, Kroger Company, Walgreens Boots Alliance, Inc.,
Tesco PLC, Carrefour SA, Amazon.com, Inc. and Metro Group AG.
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Customization scope
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10% free report customization with
purchase. Addition or alteration to country, regional & segment scope.
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Pricing and purchase options
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Avail customized purchase options to meet your exact
research needs. Explore purchase options
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Delivery Format
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PDF and Excel through Email (We can
also provide the editable version of the report in PPT/Word format on special
request)
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Report Scope:
In this report, global consumer trends
& preferences market has been segmented into following categories, in
addition to the industry trends which have also been detailed below:
- Global Consumer Trends &
Preferences Market, By Demographic Representation:
- Gender
- Socio-Economic
Classifications
- Ethnicity
- Geography
- Global Consumer Trends &
Preferences Market,
By Type:
- FMCG
- Consumer
Durables
- Retail
- Global Consumer Trends &
Preferences Market,
By Consumer Share:
- Disposable Income
Analysis
- By Average Spends
- On Category
- On Product
- Global Consumer Trends & Preferences Market, By Region:
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Europe
- France
- Germany
- United Kingdom
- Italy
- Spain
- North America
- United States
- Mexico
- Canada
- South America
- Brazil
- Colombia
- Argentina
- Middle East & Africa
- South Africa
- Saudi Arabia
- UAE
Competitive Landscape
Company Profiles: Detailed analysis of the
major companies present in global consumer trends & preferences market.
Available
Customizations:
With the given market data, TechSci
Research offers customizations according a company’s specific needs. The
following customization options are available for the report:
Company Information
- Detailed analysis and
profiling of additional market players (up to five).
Profit Margin Analysis
- Profit margin analysis
in case of direct and indirect sales channel.
It is an upcoming report to be released
soon. If you wish an early delivery of this report or want to confirm the date
of release, please contact us at [email protected]