-
Consumer Insights
NewChina Apparel Consumer Insights – Who Shops, What do they Shop, How do they Shop and Why do they Shop
China Apparel Consumer Insights Report Overview Most Chinese consumers are optimistic about the country's economic outlook for the next six months, with nearly 50% of consumers expecting overall economic improvement and around the same percentage anticipating improvement in their finances. As a result, more Chinese consumers are planning to spend more on clothing & accessories, and footwear, especially among females, driven by their inclination toward following trends. There is a clear preference for online shopping among Chinese apparel shoppers, propelled...
-
Consumer Insights
NewUnited States (US) Apparel Consumer Insights – Who Shops, What do they Shop, How do they Shop and Why do they Shop
US Apparel Consumer Insights Report Overview More than 77% of US consumers bought apparel from physical stores in 2023. However, many consumers plan to cut back on their clothing and accessories spend over the next six months. Inflation is expected to ease in 2024, however, this has not reassured consumers about the outlook for the US economy in the next six months. The ‘US Apparel Consumer Insights Report’ provides detailed insights into consumer sentiment among apparel shoppers in the US....
-
Consumer Insights
NewSpain Apparel Consumer Insights – Who Shops, What do they Shop, How do they Shop and Why do they Shop
Spain Apparel Consumer Insights Report Overview More than 88% of Spanish consumers made an apparel purchase in 2023, however, around a quarter intend to spend less on the category in the next six months amidst concerns of rising inflation. In the same year, many apparel shoppers preferred items in-store over online purchases. It was also observed that consumers chose to spend more on better quality items than purchase cheaper items that will not last. The ‘Spain Apparel Consumer Insights Report’...
-
Consumer Insights
NewItaly Apparel Consumer Insights – Who Shops, What do they Shop, How do they Shop and Why do they Shop
Italy Apparel Consumer Insights Report Overview Many Italian consumers foresee financial hardships to continue, anticipating that the economy and personal finances will worsen over the next six months. Hence, more than 30% of Italian consumers expect to reduce their spending on clothing and accessories in the coming months. They wish to stick to their resolution by conducting price comparisons and shifting to cheaper brands. The ‘Italy Apparel Consumer Insights Report’ provides detailed insights into consumer sentiment among apparel shoppers in...
-
Sector Analysis
NewOnline Shopping – Key Trends and Consumer Insights
This report provides in-depth analysis of the latest trends in global online shopping, covering the consumer insights driving online shopping by country, market dynamics and the impact of new technology on the online retail channel Technological advancements will boost non-essential online spend Younger generations drive online sales and are more open to AR technology Expansion by international players threatens to diminish domestic ecommerce sales
-
Sector Analysis
NewInstore Shopping – Key Trends and Consumer Insights
Instore Shopping Report Overview Most consumers in all seven surveyed countries (the US, the UK, Spain, China, Italy, France, and Germany) will continue to shop instore over the next three months. This reflects the persistent importance of physical shops despite the shift to online which was catalyzed by the pandemic in many countries. The highest proportion of instore shopping happens in Spain. This aligns with the country’s relatively low online penetration, with consumers still valuing the instore shopping experience. The...
-
Consumer Insights
France Apparel Consumer Insights – Who Shops, What do they Shop, How do they Shop and Why do they Shop
France Apparel Consumer Insights Report Overview More than 35% of French consumers plan to cut back on their clothing & accessories spending this year. Easing inflation rates has also failed to reassure French consumers about the state of the economy over the next six months. Economic pressures are driving many consumers to switch to cheaper brand alternatives. The ‘France Apparel Consumer Insights Report’ provides detailed insights into consumer sentiment among apparel shoppers in France. This report offers a detailed analysis...
-
Consumer Insights
Germany Apparel Consumer Insights – Who Shops, What do they Shop, How do they Shop and Why do they Shop
Germany Apparel Consumer Insights Report Overview According to GlobalData’s Germany Consumer Survey, conducted in December 2023, it was identified that many German consumers continue to suffer from the impact of high inflation, which is expected to worsen in the coming months. As a result, consumers were spending less on retail products, with many switching to cheaper brands and doing more price comparisons online. Major German retailers such as Zalando and Otto were offering myriad options and easy price comparisons to...
-
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. However, 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. Owing to this, Chinese consumers prefer items secondhand as they are more affordable. Buy the...
-
Consumer Insights
Cost Pressures – Shopping Trends and Consumer Insights
Cost Pressures Market Report Overview Consumers across the globe are pessimistic about their country’s economic scenario over the next six months. However, a significant part of the population believe the economies to decline in the coming years. The economic adversities will adversely impact retail spending as consumers plan to cutback on costs. Retailers should opt for cost-effective alternatives, with a focus on promoting value for money, to drive retail spending. Consumers are changing their purchasing patterns in response to inflationary...