Articles
Early Life Nutrition: Baby Food and Formula Opportunities in Asia
Emil Fazira
The baby food market in Asia Pacific has been shrinking as milk formula consumption falls, causing manufacturers and brands to seek new growth opportunities. From comprising 82% of the region’s total baby food retail sales in 2024, milk formula is expected to make up only 79% by 2029.
Avon’s Efforts: Impacts on Key Markets, Natura&Co and the Direct Selling Channel
Nadejda Krec
In August 2024, Avon Products Inc, a subsidiary of Brazil’s Natura&Co, filed for bankruptcy. The filing was largely driven by talc-related lawsuits, which caused significant financial and reputational damage. Once a leader in direct selling, Avon has struggled to adapt to the rapidly changing retail environment. This development not only highlights Avon’s ongoing difficulties in a beauty environment where consumers are hyper-concerned about ingredient safety, but also raises long-term concerns about the future of direct selling and prospects for Natura&Co.
Global Economic Outlook: Q4 2024
Lan Ha
In the last quarter of 2024, the global economy continues to see steady growth, as inflation has moderated, private consumption has been sustained and monetary policy has started to ease in key markets. Nevertheless, short- and medium-term growth prospects are challenged by rising geopolitical risks and growing policy uncertainty.
Nordic Pre-Owned Fashion Market Thrives Amid Economic Uncertainty
Emilija Balsyte
The Nordic region's challenging economic conditions have lowered consumer confidence and deepened anxieties around financial security. In response, fashion retailers have leaned heavily on frequent discounting and expanding outlet offerings to stimulate sales throughout 2023 and 2024, catering to a consumer base that increasingly prioritises high-quality, branded goods at more accessible price points.
Euromonitor’s Monthly Roundup: November 2024
Euromonitor International
Stay updated on industry trends, market dynamics, economic shifts and consumer behaviour with our free resources—sourced from our research experts and robust data platform, Passport. Here are your must-read insights for November 2024.
Traveller Segmentation: Unlock Innovation and Value in Wellness Tourism
Prudence Lai
The travel industry is recovering dynamically with shifting traveller preferences and behaviour. This highlights the importance of comprehensive consumer segmentation in order to tailor strategies and product offerings that respond to discrete target segments’ needs, values and wants.
Combating Plastic Pollution in Asia Pacific: The Role of Extended Producer Responsibility (EPR)
Nathanael Lim
With Asia Pacific accounting for the bulk of the world’s dumping ground for waste, especially plastics used heavily in beverages, there is a pressing need for beverage companies to invest in sustainable packaging.
Is the Double Eleven Shopping Frenzy Fading Away?
Han Hu
The Double Eleven shopping festival, once a global retail sensation, is experiencing diminished excitement due to discount fatigue, evolving consumer preferences, and increased competition from year-round sales and livestream shopping platforms. While still significant, the festival’s future depends on adapting to shifting market dynamics
Latest Developments in Packaged Food Innovations
Carl Quash III
Despite ongoing challenges with inflation, increased costs of product/distribution, and raw material price rises, innovation remains a key driver of success for the packaged food industry. Packaged food innovation strategies are being refined to provide better products that push the bar on health, sensory experience, and value demands.