Foodservice is one of the industries that's in the spotlight during the Coronavirus pandemic, with global operators either ceasing business altogether or switching to a delivery / takeaway model. This is no easy feat, as delivery is tough to adapt to even in times of economic stability. For independent, full service restaurants, things will get extremely bad, with possible closings around 40 percent in some of the hardest hit markets. Looking toward the future, we can expect eat-in traffic ...
May 14, 2020•16 min•Transcript available on Metacast Although alcoholic drinks sales recorded a slight, short term uptick due to stockpiling before worldwide lockdowns, the industry will lose a massive number of sales due to the closing of bars and restaurants along with the cancellation of a number of sports leagues, concerts and festivals. As the global economy continues to spiral, premiumisation and craft in alcoholic drinks will suffer as consumers trade either down or across in their purchases. However, it's important to remember that al...
May 07, 2020•9 min•Transcript available on Metacast Assessing raw materials, improving manufacturing processes, and popularizing new post-purchase behaviors are just a few of the many ways that beauty and fashion brands have sought to respond to increasing consumer demand for more ethical and sustainable practices in recent years. Although the Coronavirus has understandably taken much of their attention for the time being, the sustainability movement in beauty and fashion is far from over, and just might take entirely new forms in COVID-19's...
May 01, 2020•15 min•Transcript available on Metacast While some luxury goods categories and retail channels may be less negatively affected than others, the COVID-19 pandemic is an unprecedented shock to the entire luxury goods industry. Many consumers cannot justify buying personal luxury goods such as leather goods, fashion, watches and jewellery - as many see no opportunity to use them in the foreseeable future. The impact of travel restrictions are also largely impacting the luxury space, as the Chinese are the biggest single international spe...
Apr 30, 2020•16 min•Transcript available on Metacast In this episode of Euromonitor International’s Travel Leaders Podcast, Caroline Bremner talks to Jeremy Sampson, CEO of the Travel Foundation about its work with destinations around the world to ensure that sustainability is not overshadowed in the wake of the Coronavirus crisis. Jeremy and Caroline discuss the key building blocks required for sustainable tourism development and the importance of capacity building for local communities. They also discuss the need for data measurement and monitor...
Apr 28, 2020•41 min•Transcript available on Metacast Cities are hotspots for COVID-19 outbreaks due to their high population density. In fact, between 2005-2019, population densities across the world’s cities surged 23 percent. These dense cities also tend to have large public transit networks and mobility sharing, all which make cities ideal breeding grounds for viruses like COVID-19. In the future, cities may need to respond by enforcing screening procedures, pedestrianizing streets and overhauling urban design in order to combat pandemics....
Apr 23, 2020•10 min•Transcript available on Metacast In this episode, we look at the impact of COVID-19 on the sustainability efforts of companies around the world. Over the last several years, companies have made bold sustainability commitments, but the COVID-19 pandemic changed priorities to public health. Sustainable packaging commitments have been particularly affected, with companies pausing the use of reusable containers and some governments lifting bans of single use plastic. The economics of sustainability will remain challenging during th...
Apr 16, 2020•9 min•Transcript available on Metacast In this weekly podcast, Euromonitor International discusses the impact of the coronavirus on industries , economies and consumers. In this episode, we look at the impact of COVID-19 on the packaged food and soft drinks industries. Like many consumer goods, there has been a huge surge in demand for both shelf-stable soft drinks and packaged food as the crisis continues. Manufacturers are stretching their supply chains as much as possible as they attempt to keep up with consumer demand. Soft drink...
Apr 09, 2020•13 min•Transcript available on Metacast In this weekly podcast, Euromonitor International discusses the impact of the coronavirus on industries, economies and consumers. In this episode, we look at the impact of COVID-19 on the tissue and disposable hygiene industry. In the short term, consumers have started to stockpile items like toilet paper and disposable wipes; which is not necessarily a good thing for established brands as consumers look towards cheaper private labels to stock up on. Direct-to-consumer brands are seeing a huge s...
Apr 02, 2020•14 min•Transcript available on Metacast The Australian apparel and footwear industry has been incredibly volatile and lively over the last decade with many companies considered to be staples of the world fashion industry closing their operations within Australia and operating solely online. This is due to high operating costs which includes soaring rents and high wages. Several high-profile companies have recently discontinued their operations, namely international players such as Gap, Espree and Forever 21 and local players Bardot an...
Mar 27, 2020•7 min•Transcript available on Metacast In this weekly podcast, Euromonitor International discusses the impact of the coronavirus on industries, economies and consumers. In this episode, we look at the impact on the airlines industry and the long-term effects this crisis will have on the aviation as a whole. A sharp decline in demand has triggered huge financial difficulties and liquidity problems for all carriers, forcing many operators to suspend thousands of flights and services. Fleets are grounded while capacity, frequency and co...
Mar 23, 2020•16 min•Transcript available on Metacast In this episode of Euromonitor International’s Travel Leaders Podcast, Caroline Bremner, Head of Travel Research speaks to Mario Hardy, CEO of Pacific Asia Travel Association about the challenges that the travel industry is facing in reaction to the coronavirus (COVID-19). We discuss how Asian destinations are responding, the importance of diversifying source markets and promoting domestic tourism to help mitigate the impact of falling Chinese demand and the need for trusted information and pote...
Mar 02, 2020•24 min•Transcript available on Metacast South Korea's apparel and footwear market is a mature and stagnating, showing less than 2% growth in 2019. In this matured market, there are two trends that could soon spark growth. The first is "newtro", which is a combination of the words "new" and "retro". This is a huge pop culture trend in South Korea and can been seen across many consumer goods markets, recalling trends of the 70s, 80s and 90s. In apparel in footwear specfically, younger consumers are rev...
Feb 27, 2020•6 min•Transcript available on Metacast In recent years, the beauty industry has become more inclusive, with a special focus on incorporating men’s grooming needs. Listen to our latest consumer insights podcast to learn more about the state of men’s grooming markets, where to find the best opportunities and why this is such a lucrative segment within the beauty industry.
Feb 14, 2020•7 min•Transcript available on Metacast The landscape of the health and nutrition industry is vastly changing, especially within health-related technology. Join Euromonitor International's Local Product Lead, Danielle Brouwer, and Research Consultant, Amrutha Shridhar, as they discuss some of the disruptive trends they are currently seeing in the health and nutrition industry, from changing perspectives on what health is to new ways of monitoring healthy behaviour.
Feb 04, 2020•7 min•Transcript available on Metacast Experts agree that menswear is currently undergoing a shift. In fact, menswear is expanding at a faster rate than womenswear in some key markets. Social media trends such as streetwear and sportswear are changing how both luxury and fast-fashion brands approach menswear, as social media lifts taboos, changes mentalities and allows for men to explore individuality outside of the constructs of traditional masculinity. Understanding the motivations of menswear consumers is key to capitalising on th...
Jan 31, 2020•6 min•Transcript available on Metacast Social media is ever pervasive and has changed the way consumers are buying products and making shopping decisions. Join our Local Product Marketing Lead, Danielle Brouwer and Research Consultant, Amrutha Shridhar, as they discuss authenticity on social media and which type of consumer is most likely to be influenced by social media marketing.
Jan 20, 2020•6 min•Transcript available on Metacast What is the plant-based movement and is it here to stay? Is the global population really eating less meat? Join Food and Nutrition Consultant, Trishna Shah and Research Consultant, Amrutha Shridhar as they answer these questions as well as discuss the driving forces within the plant-based movement and which types of consumers these products are most likely to appeal to.
Jan 07, 2020•8 min•Transcript available on Metacast Japan is a unique country where functionality and added value is a strong selling point, especially in the beauty and food industries. But quite opposite from the rest of the world, natural and organic trends are largely underdeveloped in the country. This is largely because many Japanese consumers pride themselves on purchasing products that are made in Japan, and therefore don’t question the quality or safety of those products. There has been a recent push on manufacturers by the government to...
Dec 27, 2019•8 min•Transcript available on Metacast Global macroeconomic conditions have a huge correlation and impact on income and wealth gains of ultra-high net worth, high net worth, and affluent individuals. Businesses seeking to win the high net worth market will need to understand how global economic growth and different economic scenarios will impact this consumer segment and their wealth. This podcast explores the global wealth outlook and the impact a global downturn would have on this outlook.
Dec 16, 2019•7 min•Transcript available on Metacast Private label brands have been overlooked in the beauty and personal care space in the past. They were often perceived a cheap copy-cats, but are now growing in popularity and even challenging well-established players, not only in traditional grocery retailers but also in drugstores, beauty specialists and online platforms. Join Senior Analyst, Gabriella Beckwith and Research Consultant, Amrutha Shridhar as they talk about opportunities and trends within private label beauty products, with speci...
Dec 16, 2019•9 min•Transcript available on Metacast With the advent of smart homes, it’s not a stretch that smart technology would be applied to disposable hygiene. Currently, smart disposable hygiene products are available for both adults and babies. For adults, these products are marketed towards healthcare providers and professional caretakers and meant to help detect early health issues. For babies and parents, smart disposable hygiene products can detect when a baby needs a change and can help monitor sleep patterns. This technology comes at...
Dec 12, 2019•12 min•Transcript available on Metacast In this Euromonitor podcast we analyse the recent sponsorship that sees Premier League giant Manchester City partner with Nestlé Professional. This partnership focuses on incorporating vegan and vegetarian options into the matchday experience for fans. Euromonitor discusses whether this deal might be a harbinger of a new area in food and beverage sponsorship in the UK and other key sports markets....
Dec 06, 2019•12 min•Transcript available on Metacast Esports is a growing multibillion dollar industry, offering multiple revenue generating platforms. Among the factors contributing to the success of Esports are technology advancement and the popularity of online and mobile gaming from earlier ages, changing consumer values and attitudes, and the rise of streaming services. As Esports segment continues on its upward trajectory, it offers more opportunities for partnerships, product development, and marketing to players across FCMG and services, i...
Dec 05, 2019•15 min•Transcript available on Metacast As the Premier League continues to focus on growth, there’s an increased interest in creating brand campaigns based on authenticity to engage with fans on a deeper level. Recent partnerships between Premier League football clubs and grime artists have been particularly successful in this space. Join Euromonitor's Head of Sports, Alan Rownan, and Research Consultant Amrutha Shridhar as they discuss what makes this relationship between grime and the Premier League unique and how you can succe...
Dec 03, 2019•11 min•Transcript available on Metacast Despite growing in value terms, the South African apparel and footwear market is decreasing in volume terms. Retailers have employed different business strategies to fuel growth in this struggling economy, including brands moving into bigger department stores and increased promotional activity. A rise in GDP and a slightly optimistic economic outlook could project growth for the apparel and footwear industry in South Africa.
Nov 29, 2019•8 min•Transcript available on Metacast Megalopolises are sets of adjacent cities that form a continued urbanized regions. Unlike megacities, megalopolises are defined by their economic size. Euromonitor identifies 20 megalopolises worldwide. Fransua Vytautas Razvadauskas, Senior City Analyst at Euromonitor, discusses where these megalopolises exist, how the economy benefits from their existence, and the outlook for the creation of new megalopolises.
Nov 22, 2019•5 min•Transcript available on Metacast Internet retailing has vastly changed the landscape of how consumers shop over the last couple of years, yet many companies still struggle to understand how internet and digital channels fit into their overall sales and marketing strategies. Join Senior Analyst Miles Agbanrin, and Research Consultant Amrutha Shridhar as they discuss how to leverage online retailing and in-store retailing platforms to their full potential.
Nov 18, 2019•16 min•Transcript available on Metacast The world of beauty is fast-paced and often difficult to keep track of – with ever-changing trends and terminology. Therefore, it’s no surprise that with the emergence of Clean Beauty products, we find companies and consumer alike asking “What is Clean Beauty and how is it different from Green Beauty?”. Join Hannah Symons and Amrutha Shridhar as they navigate the world of Clean Beauty, what this means and its potential future opportunities....
Nov 04, 2019•9 min•Transcript available on Metacast Keli Tang, Beauty and Fashion Anaylst from Euromonitor's Shanghai office, recently gave a presentation on the footwear market in China and shares her insights in this month's Fashion Friday podcast. In 2018, Asia Pacific represents the largest footwear market in the world, with retail value of over USD100 billion. Meanwhile, its relatively low spending per capita compared with other regions such as North America, means it still has much potential.
Oct 28, 2019•5 min•Transcript available on Metacast