Across personal accessories in the UK, product innovation and messaging in 2024 are largely focused around providing experiences and value to consumers. As discretionary spending on non-essential categories continues to suffer, retail volume growth remains low as consumers further adapt to their cur...
Jewellery in the UK is experiencing a weak performance in 2024, with limited retail value sales growth and a marginal decline in volume sales. This is largely being driven by declining consumer spending on discretionary categories such as jewellery in a turbulent economic landscape. While in previou...
Within traditional and connected watches in the UK, the pursuit of value remains a key driver of consumer purchasing behaviour in 2024. Retail volume sales of traditional watches continue to decline, largely due to shifts in consumption in the face of declining discretionary spending, while value gr...
In 2024, bags and luggage in the UK is being largely driven by value sales growth, with volume sales struggling. Lower demand compared to pre-pandemic levels is mainly due to declines in consumer spending in an inflationary environment. As consumers continue to face economic challenges, with bags an...
Despite a marginal retail value decline in 2024, demand for writing instruments in the UK continues to rise. Due to increasing engagement with the category during the pandemic and subsequent residual growth from this, sales growth of some writing instruments is starting to stabilise or fall in the c...
This Megatrends report highlights long-term trends resulting from shifts in consumer values and behaviour. It provides a summary of each of Euromonitor International's 10 focus megatrends and insights as to how each trend has manifested in the United Arab Emirates. Euromonitor's ...
Childrenswear in Chile struggled in 2023, primarily due to the challenging economic landscape marked by persistent inflation, which compelled local consumers to exercise caution in their discretionary spending patterns. With the elevated cost of living, families increasingly prioritised essential ex...
Childrenswear in Norway is expected to display a modest volume decline in 2024, although this reflects a slight improvement on the previous year. Parents, in particular mothers, often shop for their children at the same time as buying for themselves. The category received an upswing in performance i...
Due to high inflation and the devaluation of the Turkish Lira, price remained an increasingly important consideration when buying childrenswear in Turkey over 2024. With many households facing higher costs of living, Turkish parents continued to see a decline in real disposable incomes. As such, con...
Childrenswear is only just achieving positive volume sales in South Korea in 2024, while value is better supported by high unit prices. Specifically, sluggish birthrates are placing downwards pressure on volume, while a noted consumer preference for premium and luxury brands is supporting value. Thi...