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Sector Analysis
NewSpain Retail Consumer Insights – Spending Intentions and Shopping Habits, 2024
This report provides detailed consumer insights into Spain's retail market. It focuses on the economy, consumer sentiment towards personal finances, cost pressures, offline retail, and online retail. Spanish consumers remain hopeful about their personal finances despite expecting the economy to worsen over the short term. Despite this, 59.0% plan to cut back on non-essential retail spending in the next six months, while essentials like food and health see less impact. Older generations, particularly Gen X and Boomers, are more pessimistic...
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Analyst Opinions
Cocktail Culture – Industry Insights, Consumer Drivers, Brand Challenges and Innovation Landscape
Cocktail Culture Industry Report Overview The cocktail culture is a historic trend that has undergone several movements over the decades. In the 21st century, it has benefited from the craft alcohol movement and demand for premium experiences.  In 2024, cocktail culture has been influenced by relatively recent developments such as the craft craze, COVID's elevation of home-based indulgence and entertaining, increased RTD product diversity and sophistication, and the emergence of a more experiential-focused Gen Z consumer base. The ‘Cocktail Culture...
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Sector Analysis
Secondhand Selling – Shopping Trends and Consumer Insights, 2024
Secondhand Selling Market Overview The secondhand market is constrained by concerns about the quality of secondhand goods, particularly, from consumers in Spain, Italy, and China. The following are some of the key highlights of the secondhand selling market: Cost is one of the factors driving secondhand clothing & footwear buying, with more than 60% of consumers globally excluding China. China is majorly focusing on getting access to vintage, limited-edition, or unique items including all the other countries. Italy and France...
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Analyst Opinions
Beyond Filters – A Deep Dive into the Health and Beauty Choices of Generation Z and Generation Alpha
Health and Beauty Choices of Generation Z and Generation Alpha Report Overview Gen Z has been exposed to the COVID-19 pandemic and the cost-of-living crisis during their formative years. They have also experienced more ethnic diversity growing up, and considerably higher rates of education compared to their previous generations. Due to such factors, they are less loyal to brands compared to boomers and the Silent Generation. Around half of them intend to cut back on health and beauty products to...
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Analyst Opinions
Saudi Arabia Retail Banking Analysis by Consumer Profiles, 2023 Update
Saudi Arabia Retail Banking Consumer Profiles Overview A few distinct personas have been created through a cluster analysis of GlobalData’s 2023 Financial Services Consumer Survey to understand Saudi Arabian survey respondents and their attitudes, preferences, and unmet needs. The five personas have been created based on age, relationship status, and preference for digital or traditional providers. Each of these profiles is then individually analyzed to describe the unique features of its preferences and product holding. This analysis facilitates the provision...
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Case Studies
Ski Travel – Case Study
Ski Travel Report Overview The growing popularity of skiing as entertainment and increased disposable income are driving demand for high-quality ski resorts. Furthermore, the expanding trend of adventure tourism and winter sports is fuelling the market growth. American ski resorts garnered a record-breaking 64.7 million visits during 2022-2023. In 2022, there were 6,000 ski resorts located in 68 nations. Millennials and Gen X are seeking adventure travel such as hiking, skiing, and mountain biking. The ski travel report analyzes the...
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Case Studies
New Product Development Opportunities from the Rise of Solo Households
New Product Development Opportunities from the Rise of Solo Households Report Overview Rapid urbanization and economic migration are the key factors responsible for the increase in the rates of solo living across the globe. Individuals often migrate from rural to urban areas as a necessity for higher income opportunities, which often requires a change in living arrangements, such as solo housing. Also, higher rates of urbanization can be viewed as a proxy for wealth and greater economic opportunity in some...
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Analyst Opinions
Will Foodservice Win or Lose in the Game of Eat in or Go out?
Foodservice TrendSights Report Overview Many consumers prefer dining out compared to eating at home due to the superior quality of menu items. Food service providers need to find a balance between affordability and quality. This is because consumers are becoming more price-conscious but maintain expectations of the quality of menu items while dining out. The following are some of the key highlights of the foodservice TrendSights report market: Generations Z Y—are most likely to dine in at a restaurant compared...
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Consumer Insights
New Zealand Retail Banking Analysis by Consumer Profiles (Boomer, Generation X, Generation Z and Younger Millennial)
New Zealand Retail Banking Analysis Report Overview A few personas have been created through a cluster analysis (Calinski-Harabasz criterion) of GlobalData’s 2022 Financial Services Consumer Survey to understand New Zealand survey respondents and their attitudes, preferences, and unmet needs. The personas have been created using three core attributes: age, marital status, and their preferred financial services (FS) provider type, i.e. traditional banks and credit unions or alternative providers such as digital challenger banks, Big Tech, fintech, digital wallets, and retailers....
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Consumer Insights
Australia Retail Banking Analysis by Consumer Profiles (Boomer, Generation X, Generation Z and Younger Millennial)
Australia Retail Banking Market Overview A few personas have been created through a cluster analysis (Calinski-Harabasz criterion) of GlobalData’s 2022 Financial Services Consumer Survey to understand Australian survey respondents and their attitudes, preferences, and unmet needs. The personas have been created using three core attributes: age, marital status, and their preferred financial services (FS) provider type, i.e. traditional banks and credit unions, or alternative providers such as digital challenger banks, Big Tech, fintech, digital wallets, and retailers. Current Account Provider...