Total UK consumer spending is expected to fall by a staggering £183.6 billion (14.9%) this year due to the COVID-19-induced lockdowns, according to new research from Mintel’s flagship British Lifestyles report*. This equates to a drop in spending of around £6,600 per household…
US pet care products/services market set to surpass $100 billion in 2020. 29% of consumers say they are likely to get a new pet within the next year. 83% of pet owners say their pet helps them stay calm during stressful times. 63% of pet owners say they are spending…
Older UK Millennials (aged 31-40) are Britain’s most indebted generation and, while pre-pandemic they were fairly relaxed about this status, now there’s been a rapid increase in their anxiety about their current debt levels, according to the latest Mintel research. In June 2019, just over a quarter (27%) of Older…
While social distancing has become the new norm, the COVID-19 outbreak is reminding people about the importance of friends and family, according to new research from Mintel. Across Europe, consumers unanimously agree that staying in touch with friends and family is now a higher priority* than before the outbreak. According…
Mintel’s Global COVID-19 Consumer Tracker trends change in global consumer behaviour directly related to COVID-19. As India continues to deal with the spread of COVID-19, and the number of cases continues to rise, the impact on consumer behaviour is set to last beyond the crisis. As consumers brace themselves for…
With the Movember campaign shining a spotlight on men’s health issues, new research from Mintel, the experts in what consumers want and why, reveals there’s still a long way to go to fight the stigma of mental illness. Young men, in particular, are struggling to open up about their mental…
As experts in what consumers want and why Mintel is best suited to accurately predict the future of consumer behaviour and what that means for companies and brands. Announced today (5 November), Mintel is taking a bold approach with its predictions about the future of global consumer markets by incorporating…
Amidst all the buzz surrounding health and wellness for modern consumers, Canadians aren’t pretending to be the pillars of health with the majority (66%) saying that they live a somewhat healthy lifestyle. This isn’t to say that Canadians are apathetic. New research from Mintel reveals that the…
Today’s knowledge economy is driving consumers in Asia-Pacific to over-index on mental work. As such, Mintel is witnessing a growing awareness of and desire for products and services that support consumers with focus, attention and mood elevation, especially as mental states are more and more inextricably linked…
The time has finally come: Millennials are all grown up. Most US Millennials* have said ‘goodbye’ to their 20s, are married and own their own home; however, ‘adulting’ has proven harder than expected as there is a strong sense of disillusionment among the cohort as many don’t yet feel like…
Mintel’s annual The Chinese Consumer Report, offering an overview of the key trends and spending behaviours affecting China’s consumer landscape over the last year, reveals that Chinese consumers are in pursuit of richer experiences and quality of life. Latest findings from The Chinese Consumer Report shows that…
As Brexit rumbles on, British consumers continue to spend on brands and businesses that successfully tap into the Holy Trinity of current consumer behaviour: the ‘experience economy’, the booming health and wellness movement, and the desire to be more ethically conscious and eco-friendly. These are some of the latest findings…
