Mintel’s team of global analysts have created a free download to evaluate the markets of four key economies – UK, US, China and Brazil. Download it now to gain an overview of consumer expenditure, market opportunities and hidden potential in key sectors around the world. Here, click through to find out six surprising facts you might not be aware of…
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Dining In
In-home food accounts for a fifth (19.9%) of total consumer expenditure in China, compared to just 5.6% in the US.[/one_third_first][one_third]
Make Mine a Double
The proportion of spend on alcoholic drinks in China is more than double of that in the US (4.9% versus 1.8%).[/one_third]
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Passion for Fashion
Share of spend on clothing and accessories in Brazil and China outweighs that of the US and UK (9% and 6.8% versus 4.2% and 6% respectively).[/one_third]
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Digital Age
While Brazil allocates the least share of consumer spend to technology, its share is growing the fastest.[/one_third_first][one_third]
Travel Enthusiasts
The comparative spend on travel and tourism in China is over four times that of the US (9.2% share versus 2.2%).[/one_third][one_third]
Big Spenders
In the US – personal consumption expenditures on consumer goods reached $10 trillion for the first time.[/one_third]
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Download the full version now to navigate the shift of household budgets and consumer spending priorities – as well as see markets in context via Mintel’s interactive data charts, by clicking here.
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