RSS:

Newsletter subscribe:

Consumption

Future of Consumption in Fast-Growth Consumer Markets: ASEAN

Title Original Language: 
Future of Consumption in Fast-Growth Consumer Markets: ASEAN
Original Language: 
Date of Editorial Board meeting: 
Publication date: 
Friday, June 5, 2020
Abstract in English: 
As this report is being published, the world is going through unprecedented times. COVID-19, a term that did not exist when this study was being undertaken over 2019, is now ubiquitous, even though the scale and nature of its global impact will not be known for months to come. As of the second quarter of 2020, a third of the global population has been under a lockdown, with over 200 countries affected by health and economic burdens in diverse ways. Businesses, governments and citizens across the world want to leave the humanitarian and economic crisis behind as soon as possible. To successfully navigate through the COVID crisis and a post-COVID world, a premium will be placed on innovation, the willingness of organizations to disrupt themselves, and active collaboration. In the context of this seismic change, the World Economic Forum Platform for Shaping the Future of Consumption aims to accelerate the responsible transformation of the consumption landscape by enabling consumer well-being, environmental sustainability, inclusive growth models, and trust and transparency among all stakeholders. The mission and transformation goals of the Future of Consumption platform developed three years ago are now more relevant than ever to ensure positive benefits for business and society, across developed and emerging markets. It is an imperative that we advance progress with speed to build a prosperous future for all. In a post-COVID era over the next decade, accelerated shifts in global forces, more than 1 billion first-time consumers and the Fourth Industrial Revolution will continue to change the landscape of consumption in the fast-growth consumer markets of China, India and the ASEAN region. Both business and political leaders will be required to adapt their strategies to the changing needs and demands of connected and empowered consumers. The Future of Consumption in Fast-Growth Consumer Markets, a multi-year project, has focused on the evolution of consumption in emerging markets that comprise more than 40% of the world’s population. Critical foresights on drivers of growth and levers of inclusivity can benefit global leaders as they grapple with similar issues.
File: 
Country of publication: 
File Original Language: 
Cover page image: 
Number of pages: 
32
Country Original Language: 
Share: 

Future of Consumption in Fast-Growth Consumer Markets: India

Date of Editorial Board meeting: 
Publication date: 
Monday, January 7, 2019
Abstract in English: 
This report sheds light on one of the fastest growing economies in the world - India. By 2030, India will see a tremendous jump in consumer spending driven by increased incomes, a billion diverse internet users and a very young population. The new Indian consumer will be more affluent, and more willing to spend but will have more evolved preferences and aspirations than consumers of the past. The ‘Urban vs. Rural’ paradigm of the past may not hold as firm in future. Moreover, specific key societal challenges will have to be overcome to ensure a positive future of consumption for all. The report builds on in-depth consumer surveys conducted across 5,100 households in 30 cities and town in India and draws from over 40 in-depth interviews with private and public-sector leaders. It lays out seven critical predictions on a vision for consumption in India in 2030 and lays out a call-to-action for multi-stakeholder collaborations to build an inclusive future for India.
File: 
Country of publication: 
Cover page image: 
Number of pages: 
36
Share: 

Enjeux et perspectives de la consommation collaborative

Title Original Language: 
Enjeux et perspectives de la consommation collaborative
Original Language: 
Date of Editorial Board meeting: 
Publication date: 
Wednesday, July 8, 2015
Abstract in English: 
À partir de 2007, la crise financière et économique mondiale a provoqué dans les pays industrialisés une brusque montée du chômage, une baisse du pouvoir d’achat des ménages ainsi qu’une déstabilisation du système bancaire mondial. Les effets de la crise ont agi comme un catalyseur de tendances de fond observées depuis quelques décennies (mouvements altermondialistes, critiques du système agro-industriel intensif, etc.) et ont intensifié un questionnement citoyen sur les modes de production, de financement et de consommation actuels. Cette remise en question a notamment été illustrée en 2011 par des mouvements comme celui des Indignés en Espagne ou Occupy Wall Street aux États-Unis, promouvant un modèle de société plus responsable. Les pratiques visant à échanger et à partager des biens entre particuliers ainsi qu’à limiter les intermédiaires entre producteur et consommateur ont connu un engouement progressif; donnant naissance à un ensemble d’initiatives rassemblées sous l’appellation de consommation collaborative. Ce mouvement récent et grandissant s’appuie sur des pratiques prénumériques telles que les Systèmes d’Échanges Locaux (SEL), qui ont vu le jour en France au début des années 90. Il s’agit de systèmes d’échanges de produits ou de services entre les adhérents d’un même groupement associatif, selon une unité propre à chaque groupe. On peut également mentionner les Associations pour le Maintien d’une Agriculture Paysanne (Amap), qui permettent aux consommateurs de s’approvisionner directement auprès du producteur, ou encore les recycleries qui collectent, réemploient et valorisent des objets de seconde vie depuis 1984. La popularisation de ce phénomène et son essor à grande échelle ont notamment été permis par la forte démocratisation des nouvelles technologies de l’information et de la communication (NTIC), se traduisant par des taux d’équipement en informatique particulièrement élevés. Les NTIC ont contribué au développement de plateformes internet accessibles au plus grand nombre, permettant de mettre en relation des particuliers ne se connaissant pas au préalable pour réaliser des transactions. Les NTIC et le e-commerce ont également contribué à faire évoluer la relation unissant consommateurs et entreprises en modifiant les manières de s’informer et en démultipliant les possibilités d’interaction et de coopération. Les années 2010 ont vu l’émergence d’un mouvement d’empowerment du consommateur, qui s’implique de plus en plus dans les transactions et se positionne comme un "consommacteur" exerçant une influence sur la marque, les prix et les produits/services (forum deconsommateurs, appels à idées, customisation de produits, comparateurs de prix, etc.). Le rapport de force se modifie notamment dans les pratiques de consommation collaborative, pour lesquelles le consommateur passe du statut unique de "demandeur" à un double statut d’"offreur-demandeur".
File: 
Country of publication: 
File Original Language: 
Cover page image: 
Number of pages: 
336
Country Original Language: 
Share: 

Urban world: The global consumers to watch

Date of Editorial Board meeting: 
Publication date: 
Sunday, March 20, 2016
Abstract in English: 
Dramatic demographic shifts are transforming the world’s consumer landscape. Our new research finds just three groups of consumers are set to generate half of global urban consumption growth from 2015 to 2030.
Until the turn of this century, population growth generated more than half of all global consumption. But between 2015 and 2030, three-quarters of global consumption growth will be driven by individuals spending more. This shift has profound implications for companies. What’s now important are emerging demographics: the latest report from the McKinsey Global Institute (MGI) finds that nine groups will generate three-quarters of global urban consumption growth to 2030, and just three of these will generate half of consumption growth and have the power to reshape global consumer markets over the next 15 years.
File: 
Country of publication: 
Cover page image: 
Number of pages: 
140
Share: 

Agricultural Outlook 2015-2024

Date of Editorial Board meeting: 
Publication date: 
Wednesday, July 1, 2015
Abstract in English: 
The Agricultural Outlook 2015-2024, is a collaborative effort of the OECD and the FAO of the United Nations. It brings together the commodity, policy and country expertise of both organisations and input from collaborating member countries to provide an annual assessment of prospects for the coming decade of national, regional and global agricultural commodity markets.
File: 
Country of publication: 
Cover page image: 
Number of pages: 
148
Share: 
Subscribe to RSS - Consumption