Future of Consumption in Fast-Growth Consumer Markets: China
This report examines the future of consumption in China, focusing on the impact of economic growth, demographic shifts, technological advancements, and evolving consumer attitudes on the consumer market by 2027.
(Generated with the help of GPT-4)
| Quick Facts | |
|---|---|
| Report location: | source |
| Language: | English |
| Publisher: | World Economic Forum |
| Authors: | Bruno Lannes, Sarita Nayyar, Zara Ingilizian |
| Geographic focus: | China |
| Page count: | 28 |
Methods
The research methodology included interviews with industry leaders, focus groups, consumer surveys, and extensive secondary research. It incorporated insights from global and Chinese companies, innovators, policymakers, and academics to forecast consumption trends in China.
(Generated with the help of GPT-4)
Key Insights
The report explores how China's consumption landscape is expected to change by 2027, driven by economic growth, an aging population, technological innovation, and shifts in consumer behavior. It discusses the implications for businesses and society, including the need for agility, digital strategies, and addressing societal challenges such as employment, social inclusion, and sustainability.
(Generated with the help of GPT-4)
Additional Viewpoints
Categories: China geographic scope | English publication language | business adaptation | consumer attitudes | demographic shifts | economic growth | environmental sustainability | social inclusion | technological innovation | trust and transparency