Accurate, Focused Research on Law, Technology and Knowledge Discovery Since 2002

Top 10 Global Consumer Trends 2022

“Every year, Euromonitor International identifies emerging and fast-moving trends that are expected to gain traction in the year ahead. These trends provide insight into changing consumer values, exploring how consumer behaviour is shifting and causing disruption for businesses globally. Each of the 10 trends in this report follows the same format: Overview and defining characteristics; Consumer behaviour and motivation; Business environment and impact; Outlook and strategic recommendations.  Change was the only constant over the past two years. Radical lifestyle shifts motivated consumers to make intentional, mindful and ambitious decisions. Now, the world is on the road to recovery. Consumers are putting their plans into motion, taking chances and seizing the moment.Access and action are the driving forces behind the top 10 global consumer trends in 2022. Resilience and adaptability were tested in 2021, forcing consumers to relinquish control and embrace ambiguity. This year, consumers are taking back the reins and paving a path forward based on their passions and values…The global population aged 60+ will grow 65% from 2021 to 2040, reaching over two billion people. This relatively wealthy cohort is gaining more experience and confidence using online services and choosing to adopt more tech solutions that assist with their daily lives. Alongside browsing and shopping online, Digital Seniors embrace virtual solutions for socialising, health screenings, finances and learning. TikTok is one platform these consumers use, as a result of their digitally native grandchildren influencing and empowering them to be on social media. In fact, over 60% of consumers aged 60+ visited a social networking website at least once a week, whilst 21% took part in video gaming weekly…”

Sorry, comments are closed for this post.