The value of savings to navigate uncertain times is pushing Indian consumers to take charge of their finances. According to Mintel research, half of Indians (51%) agree that the COVID-19 pandemic has taught them the importance of saving, while 24% say that it is necessary to learn about financial investments…
Thai beauty consumers are switching their attention from problem-solving to preventive products following the end of the pandemic. However, Gen Z must be convinced that prevention is the key to their skin concerns. Nearly one quarter (23%) of this cohort strongly agree that it is a waste of money to…
As the nation gets set to embark on its annual spring clean, cash-strapped Brits will be looking to maximise their cleanout by selling unwanted goods to raise much-welcomed additional income. According to new research from Mintel, 61% of online sellers say that financial concerns have caused them to sell more…
73% of Canadian grocery shoppers agree the pace at which food costs have risen has given them added stress. 94% of Canadian grocery shoppers agree that the steep rise in food costs is particularly unfair to those with lower incomes. 76% of Canadian grocery shoppers agree the rising price of…
Vitamins, minerals and supplements (VMS) enjoy a higher penetration among working women in India. According to new research from Mintel, nearly half (48%) of working women consume VMS compared to one-third (33%) of working men. Bone health (45%), digestive health (39%) and immunity (36%) are the top three health benefits…
Over half of US sunscreen users (54%) say they are applying sunscreen more often than a year ago. Sunscreen use to prevent aging and cancer is up 20%+ compared to 2021. 84% of US Black sunscreen users wish there were more product options made specifically for their skin tones. Sunscreen…
‘Fun’ will be a key theme to connect with Indonesian consumers who continue to be challenged by economic recessions and the rising cost of living. Mintel Global Consumer research shows that one-third (33%) of Indonesians say their financial situation is okay but do not have a lot left by the…
The localism mindset is growing among Indian consumers. According to new research from Mintel, consumers* prefer to choose Indian brands over imported brands in various product categories such as clothing and/or accessories (42% vs 19%), personal care products and packaged foods (45% vs 19% each). Even for beauty and/or cosmetic…
Gen Z less willing to spend post-pandemic but still prioritise sustainable and health-based products
New research* from global market intelligence expert Mintel shows that living through years of uncertainty for most of their lives has made Gen Z** focus on the future, become more financially savvy and more discerning about how they spend. Following the Covid-19 pandemic, the economic downturn, inflation and the ongoing…
Mintel, the experts in what consumers want and why, has today announced Global Packaging Trends for 2023, featuring a PESTEL analysis* that explores the macro-environmental factors impacting the packaging industry in 2023 and beyond. David Luttenberger, CPPL, Global Packaging Director at Mintel, examined the…
While the salty snack market continues to grow, it is feeling some effects from tightened budgets. Mintel research shows those who report their financial situations as struggling/in trouble are most likely (34%) to have decreased year-over-year salty snack consumption. Among those who haven’t increased consumption, 37% would be motivated to…
Mintel: Cost of living puts brakes on e-bike growth – as sales slow for the first time in five years
While COVID-19 triggered a rapid growth of e-bikes, new research from Mintel reveals that for the first time in five years, volume and value sales of e-bikes have dipped. Meanwhile, Mintel research shows the average cost of an e-bike has risen 25% since the start of the pandemic. The number…
