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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...
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Analyst Opinions
Luxury Retailing Market Size, Trends and Analysis by Regional and Category Performance, Brands and Forecast to 2028
Global Luxury Retail Market Report Overview The global luxury retail market size was $462.7 billion in 2023. The market will grow at a CAGR of more than 6% during 2023-2028. Tourism numbers are set to bounce back to pre-pandemic levels, enabling higher luxury consumption at travel retailing stores as well as tourists boosting spend in key city centers. Furthermore, the continued growth in tourism is driving the global luxury retail market growth. Global Luxury Retail Market Outlook 2023 - 2028...
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Sector Analysis
United Kingdom (UK) Mother’s Day Intentions and Consumer Spending Preferences, 2024 Update
United Kingdom (UK) Mother’s Day Market Report Overview More than 53% of consumers intend to purchase at least one item for Mother’s Day in 2024, including spending on leisure activities. The intended participation in celebrating Mother’s Day diminishes with age, ranking highest among 16-24-year-old consumers. This 16-24-year-old age group is the most engaged purchaser, intending to purchase food & drink gifts, and clothing for their mothers or loved ones. The UK Mother’s Day market research report offers a comprehensive insight...
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Sector Analysis
United States (US) Retail Consumer Insights – Spending Intentions and Shopping Habits, 2024
US Retail Consumer Insights Report Overview More than 46% of consumers believe the economy will worsen over the next six months. Thus, consumers intend to cut back on retail goods and services. Furthermore, many US consumers stated that they are switching to economic brand alternatives to cope with cost pressures. This means that retailers must have a broad pricing architecture of brands stocked in-store to entice shoppers to trade up and down within the same retailer. The ‘US Retail Consumer...
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Thematic Analysis
Future of Physical Retail – Thematic Intelligence
Reasons to buy the ‘Future of Physical Retail’ thematic intelligence report: The report allows you to gain a vision of the future of physical retail. The report helps understand the future role of the store, key trends, and its value, in an omnichannel world. It provides an overview of online and offline retail and their impact on consumer behaviour. The report gives insights into consumer shopping journeys that are split into two main categories: urgent purchases and considered purchases. How is our...
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Sector Analysis
Germany Retail Consumer Insights – Spending Intentions and Shopping Habits, 2024
Germany Retail Consumer Insights Report Overview Most consumers expect the economy to worsen due to economic uncertainty and inflation, thereby impacting retail spend. More than 46% of German consumers are buying more of a store's own-brand products to cope with rising prices. Furthermore, saving money and sustainability are the key factors encouraging consumers to purchase or sell secondhand items The Germany retail consumer insights report provides detailed consumer insights into Germany's retail market. It focuses on the macroeconomic environment, consumer...
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Thematic Analysis
Frictionless Commerce – Thematic Intelligence
Frictionless Commerce Thematic Report Overview At present, consumers demand instant gratification, and frictionless commerce aims to provide it. Frictionless commerce was pioneered by Amazon. It uses technology to identify the shopper, recognize their chosen objects, and bill them after they leave the store. The Frictionless Commerce thematic intelligence report provides an overview of the current landscape, as well as key players making a mark within it. The report provides an industry-specific analysis based on GlobalData databases and surveys, along with...
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Thematic Analysis
Retail M&A Deals 2023 – Top Themes – Thematic Intelligence
This report analyzes the disruptive themes that have driven M&A activity in 2023 in the Retail Sector
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Sector Analysis
NewGlobal Hiring Activity – Trends & Signals Q1 2024
The Hiring Trends and Signals Q1 2024 report provides valuable insights into hiring trends, job listings, and other important information. The report aims to support decision-making by providing a competitive advantage and a deeper understanding of employment trends, roles, skills, locations, and themes. It delivers critical job insights to corporations and talent/staffing platforms. The report enables competitive analytics and intelligence through proxy signals from job roles, locations, themes and skills. It helps corporations and academia anticipate the future of work,...
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Sector Analysis
United Kingdom (UK) Valentine’s Day Spending Intentions and Consumer Attitudes, 2024 Update
UK Valentine’s Day Consumer Spending Report Overview The Retail Valentine's Day Intentions 2024 report forms part of GlobalData's Retail Occasions series. It showcases the buying patterns for Valentine’s Day in the United Kingdom. The report gives an in-depth insight into the shopper profile (age, sex, location), preferred gifting options, and the various activities consumers undertake to spend the day. The report suggests that shoppers in the age group of 16-24 years have the highest intentions to spend on 2024 Valentine's...