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Market Research Report
Global Consumer Trends: Comfort
| Published by |
Datamonitor |
| Published |
September, 2009 |
Product code |
100997 |
| Content info |
190 pages |
| Price |
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Global Consumer Trends: Comfort published by Datamonitor in September, 2009. This report consists of 190 pages and the price starts from US $ 3995.
Abstract
Introduction
The Comfort mega-trend is driven by demands for safety, escapism, simplicity
and tradition. In many ways, the Sensory versus Comfort mega-trend trade-off
represents the problems associated with balancing a desire for new experiences
and change with desires for stability and familiarity.
Scope of this research
- Detailed trend analysis outlining what constitutes ' value' for consumers
(trends are, after all, a reflection of what' s important to consumers)
- Global in focus, but also offers country-by-country and sector-by-sector
insights thereby catering to top-line or more specific information needs
- Covers all major FMCG sectors, but also with applicability to wider
consumer goods audiences
- One of 10 dedicated mega-trend reports outlining the most important issues
shaping global consumers' buying behavior both now and in the future
Research and analysis highlights
Good trend-watching is about taking the bigger-picture approach. Adopting a
broader global perspective to trend-tracking facilitates better decision
making by overcoming ' category myopia' . Monitoring the broader FMCG
environment will enable bigger picture learning that can be applied more
specifically
A considerable ' trust void' is apparent in Europe when it comes to commercial
enterprises in general and the specifics of the product they produce and
market. Datamonitor research has found that consumers across the continent do
not automatically accept stated product claims
Only a minority of consumers in the Asia Pacific region stated that they found
food products and ingredients imported from other countries to be either
' trustworthy' or ' very trustworthy' . Given that the majority of consumers are
predisposed to distrust foreign ingredients, this is a significant proportion
of the market to potentially lose out on
Key reasons to purchase this research
- Understand the significance of the different Comfort-aligned trends across
territories and FMCG sectors to help support market diversification plans
- Save time and gain maximal insight by using this ' one-stop-shop' resource
which offers a clear and up-to-date framework for understanding consumers
- Access data from two waves of global primary research to increase the
likelihood of being ' on-trend' with NPD and marketing activities
Table of Contents
OVERVIEW
INTRODUCTION: THE IMPORTANCE OF TREND-TRACKING
- Tracking consumer mega-trends is fundamental to long-term success
- Trend-tracking insight 1: mega-trends can be classified in two ways
according to desirable product/service benefits and societal complexities
- Trend-tracking insight 2: trends are aligned with pre-existing, but
evolving human values, attitudes, needs and behaviors
- Trend-tracking insight 3: mega-trends can be broken down into trends and
sub-trends to provide structure and clarity at a time of ' information
overload'
- Trend-tracking insight 4: manufacturers, retailers and
researchers/futurologists perpetuate trends
- Trend-tracking insight 5: adopting a broader, global perspective to
trend-tracking facilitates better decision making by overcoming ' category
myopia'
- Trend-tracking insight 6: trends have longer-term implications than fads
and can be categorized by evolvement
- Trend-tracking insight 7: for every trend there is a ' counter-trend'
while ' trend-crossover' is also an important phenomena
- Takeouts and implications: a trend framework boosts the quality and
frequency of insight generation ensuring maximum return from the broader
market research processes in place
THE FUTURE DECODED: DECIPHERING THE COMFORT MEGA-TREND
- MEGA-TREND SYNOPSIS: Consumers want safety, simplicity, trust and
indulgence in response to rising stress and uncertainty
- TREND: Cautious Consumerism: many individuals are concerned about the
direction of society, are distrustful and skeptical of progress and change
- SUB-TREND: Societal Pessimism: many global citizens bemoan the direction
of society on a global, regional and national level
- Key takeouts and implications: consumers feel somewhat let down by
institutions and as a result are less confident and trusting
- SUB-TREND: Skeptical Consumerism: a ongoing ' trust void' exists between
organizations and institutions and individuals who rely on them
- Key takeouts and implications: consumers do not inherently believe that
all product claims are truthful
- SUB-TREND: Risk Aversion: fears exist over (new) processes and
progression associated with consumer products
- Key takeouts and implications: consumer understanding of what goes into
food, beverages, personal care and household care products has never been
greater
- SUB-TREND: Technophobia: as consumers embrace digital lifestyles
concerns exist about an over-reliance on technology
- Key takeouts and implications: technophobia is not particularly
prevalent globally although there are certain contexts where individuals can
adopt a more negative mentality
- TREND: Cocooning: the global financial crisis and the ongoing desire to
' shut off' from the wider world continues to shape global consumer attitudes
and behaviors
- SUB-TREND: Blinkered Optimism: many consumers adopt an overly optimistic
view of their health as they shut themselves off from reality and they also
look to outsource blame elsewhere
- Key takeouts and implications: some consumers refuse to acknowledge
and/or accept responsibility for lifestyle and personal problems such as
poor health
- SUB-TREND: Insperiences: bringing third places home and the resurgence
of home-based consumption occasions
- Key takeouts and implications: as consumers cocoon, they demand higher
quality ' insperiences' that act as ' home comforts'
- SUB-TREND: House-Proud Cocooning: as consumers seek sanctuary in the
comfort of their homes, they become extra pre-occupied with upkeep
- Key takeouts and implications: as consumers spend longer in their homes,
they become increasingly disposed to being houseproud
- SUB-TREND: Homeworking: people are taking advantage of structural
changes in labor markets and connective technology to embrace more flexible,
home-based work
- Key takeouts and implications: homeworking has been made considerably
easier by improvements in the quality and reliability of connective
technology
- SUB-TREND: Home-grown: consumers are increasingly demonstrating a desire
to become product cultivators
- Key takeouts and implications: consumers are looking to save money
during the economic crisis by becoming less reliant on store-bought groceries
- TREND: Ethnocentrism: ethnocentric preferences exacerbate favorability of
national or local products and brands
- SUB-TREND: Localism: consumers are embracing the ' locavore' movement
- Key takeouts and implications: ethnocentric consumers prefer local
products to ones from abroad
- SUB-TREND: Ethnocentric tendencies can lead to the sporadic or
longer-term boycotting or avoidance of ' foreign' products
- Key takeouts and implications: consumers inherently distrust products
and ingredients which come from foreign lands
- SUB-TREND: Ethnic tensions and polarized attitudes towards immigration
and ' outside influences' are prevalent across regions
- Key takeouts and implications: despite efforts to encourage
multiculturalism, tensions between consumers of differing ethnicities still
exist across the globe
- TREND: Simplifying and Downshifting: consumers often aspire to a
simplified, less complicated lifestyle and shopping experience
- SUB-TREND: Choice Paralysis and Habitual Consumption: consumer confusion
and choosing familiar brands/products
- Key takeouts and implications: consumers often feel stifled by the
amount of choice on offer
- SUB-TREND: Selective attention: the ' attention economy' highlights the
growing difficulty of engaging consumers
- Key takeouts and implications: marketers are facing an increasingly
challenging environment to get consumers' attention
- SUB-TREND: The search for simplicity reflects the need to reduce
physical and informational clutter and complexity in their life
- Key takeouts and implications: many consumers are increasingly seeking
to simplify life and will value products that align to this ideology
- SUB-TREND: Austere Consumerism: consumers are buying in more tempered
and considered manner, especially with the global financial crisis changing
the outlook on consumption
- Key takeouts and implications: consumers have contrasting views about
austere consumerism depending on location
- SUB-TREND: Family First: improving work/life balance and slowing down to
facilitate more and better quality family time continue to be important
priorities
- Key takeouts and implications: consumers are making greater efforts to
ensure that they spend as much time with their families as possible
- TREND: Nostalgic Consumerism and the ' Return to Real'
- SUB-TREND: Buying nostalgic brands/embracing retro design
- Key takeouts and implications: nostalgia is a relevant trend for
consumers due to the comfort that it provides but its popularity is at the
mercy of wider social situations
- SUB-TREND: Traditional Consumption: consumers continue to embrace
traditional favorites
- Key takeouts and implications: consumers are torn between returning to
the traditional or seeking out new experiences
- SUB-TREND: The re-emergence of scratch cooking and ' home-made' products
- Key takeouts and implications: consumers are rediscovering scratch
cooking for a number of reasons
APPENDIX
- Definitions
- Methodology
- Further reading and references
- Ask the analyst
- Datamonitor consulting
- Disclaimer
FIGURES
- Figure: Datamonitor' s mega-trends are having a long-term and substantive
impact on the marketing landscape and can be grouped into two categories
- Figure: Consumer behavior and the innovations targeting it inevitably fit
into a ' trend hierarchy'
- Figure: Datamonitor' s mega-trend framework helps set the agenda for the
specific topics covered in the New Consumer Insight (NCI) research stream
- Figure: Trend tracking can be a source of (comparative) competitive
analysis
- Figure: Trend development is dictated by both ' consumer pull' and
' manufacturer push' and Datamonitor offers the intelligence tools to
capitalize on this reality
- Figure: In a consumerist global culture, the broad consumption
spheres/segments transcend geographical borders which is another reason why
adopting a broader approach is necessary
- Figure: Several factors distinguish a trend from a fad
- Figure: Opinion is somewhat polarized over whether technology is making
society better
- Figure: The issues that contribute to consumer concern and related
societal pessimism vary by region
- Figure: With the economic progress characterizing much of the last decade,
Eastern Europeans became more satisfied with the direction of their respective
countries
- Figure: The vast majority of Europeans are unhappy with the direction that
their country is heading in
- Figure: There is widespread feeling among Europeans that crime represents
a big problem in their respective countries
- Figure: Pessimism about the prospects for the next generation reflects the
widespread societal pessimism in Europe, particularly the direction of events
- Figure: A lack of interpersonal trust in some European countries also
reflects societal pessimism
- Figure: Societal pessimism is rife in the Americas as evidenced by
Brazilian and US sentiment
- Figure: With the economic progress characterizing much of the last decade,
Eastern Europeans became more satisfied with the direction of their respective
countries
- Figure: There is widespread feeling among Europeans that crime represents
a big problem in their respective countries
- Figure: A lack of interpersonal trust on a general level is particularly
evident among Latin Americans, but less so in Canada
- Figure: Chinese citizens have the highest level of satisfaction about the
direction of their own country while Japanese citizens are significantly more
pessimistic
- Figure: Societal Pessimism among Indians has subsided considerably in the
last decade
- Figure: The extent to which Asians consider crime to be a very big problem
varies considerably by country
- Figure: Social trust among Asians is heavily polarized with the exception
of China
- Figure: UAE and Saudi consumers are generally happy with how society is
developing in their respective states
- Figure: Skeptical Consumerism: there are four reasons why trust and ethos
based branding are of increasing importance
- Figure: Majorities in most European countries trust business less
following developments in 2008-09
- Figure: A ' trust void' is apparent among Europeans when it comes to the
nutritional claims made by food and beverage manufacturers and the integrity
of food and beverages aimed at children
- Figure: Europeans believe that ' doctor branded' beauty products are far
more credible than those which only tout anti-aging benefits
- Figure: Only Italians and Russians are relatively confident that
declarations of ethical practices by corporations can be trusted
- Figure: Majorities in the US, Canada and Mexico trust business less
following developments in 2008-09
- Figure: Little trust is displayed in food and drink claims by consumers in
the Americas, particularly in the US
- Figure: Consumers in the Americas display a little more trust in personal
and household care products
- Figure: A level of cynicism exists among consumers in the Americas when
asked about the ethical practices of corporations
- Figure: Majorities in most Asia Pacific countries trust business less
following developments in 2008-09
- Figure: Asians in emerging markets are showing more trust in food and
beverages claims, while Australians are most skeptical about claims aimed at
children
- Figure: In Asia Pacific, consumers are generally skeptical about claims
made by personal care products and household care products
- Figure: Japanese, Australian and Korean respondents express considerable
skepticism towards declarations of ethicality
- Figure: Europeans generally believe that functional food and beverages are
better/safer than GM food but there is skepticism towards both
- Figure: Europeans are more concerned about the chemicals in household and
laundry cleaning agents than parabens used in beauty products although this is
arguably mediated by knowledge gaps
- Figure: Brazilian and US respondents are broadly favorable towards the
addition of nutrients and other substances not usually found in food and
beverages, but not through genetic modification
- Figure: Some consumers in the Americas display concern over the
potentially harmful impact of chemical ingredients in personal and household
care products
- Figure: In Asia Pacific, worries about genetically modified foods are
prevalent
- Figure: In Asia Pacific, consumers express high concern about additives
and chemicals used in products, particularly with household care and laundry
products
- Figure: The vast majority of Europeans are in agreement that technology
has improved everyday life
- Figure: Opinion in Europe is polarized about the future impact of
technology progress on quality of life with Spaniards the most positive and
Germans the most negative
- Figure: The majority of Brazilians and Americans believe that science and
technological progress helps to improve their lives
- Figure: US citizens are somewhat wary that society is overly dependant on
electronics and gadgets
- Figure: In Asia Pacific the level of skepticism about science and
technology is generally very low
- Figure: A downward global economic cycle is the precursor to a renewed
phase of cocooning behavior
- Figure: Despite health statistics indicating the contrary, Europeans are
generally satisfied with their health although less so about their physical
fitness
- Figure: Brazilians and Americans are far more satisfied with their general
health than physical fitness
- Figure: Japanese and Korean consumers are the least confident about their
general health and overall nutritional quality of their diets
- Figure: KSA and UAE consumers are overly sanguine when assessing their
health in general
- Figure: Europeans are moderating their eating habits in light of the
economic downturn, lowering the frequency of their eating out occasions and
cooking from scratch more often
- Figure: Despite the economic downturn intensifying a cocooning mentality,
a desire for comfort and indulgence means the majority of Europeans have not
sought to significantly change their spa/salon usage habits
- Figure: Though Europeans are choosing to drink less often in on-trade
venues, they are not trading up in their choices of alcoholic beverages at
home to a significant extent
- Figure: US and Brazilian consumers are cutting back on some eating
expenses, primarily by cocking more from scratch at home
- Figure: Brazilian consumers have been making more effort than Americans to
reduce their visits to spas and salons in order to save money
- Figure: Self-reported on-trade visits among both Brazilian and US drinkers
were down in 2008-09, but this was not fully compensated by a conscious effort
to drink more frequently at home
- Figure: South Koreans in particular appear to be cutting down more on
their meal spending in order to save money
- Figure: In an effort to save money, Japanese consumers appear less
concerned about cutting down on their usage of spas or salons, while South
Koreans exhibited the most behavioral change
- Figure: Asia Pacific consumers, more than their global counterparts,
report that that have been making more conscious efforts to drink more
frequently at home
- Figure: UAE and Saudi consumers have been cutting down on out-of-home meals
- Figure: MENA consumers are making conscious efforts to use spas and salons
less often as they look to make monetary savings
- Figure: French and Russian consumers are particularly houseproud, which is
in stark contrast to Italians
- Figure: Brazilians are particularly houseproud, which is consistent with
the prevalence and importance of ' Visual Culture' in the country
- Figure: Japanese consumers do not subscribe to the notion that they are
houseproud
- Figure: Knowing the origin of groceries has become more important to
Europeans in the past few years
- Figure: Consuming locally produced food and drinks is more important to
European consumers than locally produced alcoholic beverages
- Figure: The origin of grocery products has become significantly more
important to consumers in the Americas
- Figure: Locality is less influential in shaping the actual food and
alcoholic beverage preferences of both American and Brazilian shoppers
- Figure: Consumers are displaying a higher concern about where the
groceries they buy come from than whether the products are produced locally
- Figure: More than one-in-five consumers across the five Asia Pacific
markets covered are frequently trying to purchase food and drinks products
locally to where they live
- Figure: Generally regional consumers are keen to purchase locally produced
food and beverage products
- Figure: In the UAE, Australasians, Europeans and North Americans are the
making the least effort to purchase locally produced food and beverage products
- Figure: Regional consumers increasingly want to know where their groceries
come from
- Figure: European consumers are deeply skeptical regarding the
trustworthiness of foods imported from other countries
- Figure: Some concern over foreign grocery products can be seen among
consumers in the Americas
- Figure: Asia Pacific consumers are concerned about the origin of products
they buy, with consumers in the more developed markets especially skeptical
about imported food products
- Figure: Regional consumers feel, on balance, that foreign brands are
sufficiently aware of cultural and regional variations in taste
- Figure: Regional consumers, incensed by the Mumammad cartoon controversy,
cited Western disrespect as the underlying cause of the dispute
- Figure: Though more consumers believe immigration to be a good thing than
a bad thing, there are sizable numbers embracing opposite perspectives
- Figure: Chinese consumers are the least tolerant towards consumers of
different nationalities/ethnicities
- Figure: Consumers want to slow down the pace of life and form stronger
relationships with loved ones
- Figure: Europeans display contradictory attitudes in that they believe
that choice is too varied, but list it as an important factor in determining
where they shop for most of their groceries
- Figure: Europeans tend to choose brands that they are familiar with and
trust when considering purchases of foods and non-alcoholic beverages
- Figure: A sizable percentage of Europeans tend not to notice new products
in the personal care sector
- Figure: Around half of European consumers are brand loyal when it comes to
purchasing household cleaning and laundry products
- Figure: Europeans display relatively high brand loyalty regarding their
alcoholic drinks purchases
- Figure: Mixed attitudes to choice proliferation can be seen among
consumers in the Americas
- Figure: Experimentation and a wide variety of products are not
particularly evident among consumers in the Americas
- Figure: Attitudes towards choice in personal care products show variations
in the Americas
- Figure: Habit is important in guiding household care product choices of
Brazilian and US consumers, although many are at least somewhat attentive to
new product releases
- Figure: Habit and loyalty mean consumers in the Americas regularly
purchase their favorite alcohol brands
- Figure: Asia Pacific consumers tend to agree that there too much choice
exists in the grocery market, but that choice is influential on where they do
most of their shopping
- Figure: Consumers in Asia Pacific are more attentive towards new food
products than soft drinks
- Figure: Personal care/beauty consumers in developing markets tend to be
more influenced by habit or preferred brands, especially in Indian and China
- Figure: Japanese consumers are least attentive towards new household
cleaning and laundry products, and are less influenced by habit or preferred
brand
- Figure: Japanese and Korean consumers are more attentive to new alcoholic
drinks and are less influenced by brands
- Figure: Product range is important to regional consumers
- Figure: The overwhelming majority of Europeans agree that there is too
much advertising for them to comprehend each message on its merits
- Figure: The majority of consumers in the Americas agree that there is too
much advertising
- Figure: Most consumers in the Asia Pacific region agree that there are too
much advertising nowadays
- Figure: The majority of Europeans aspire to be living a less complicated
lifestyle
- Figure: Feelings of tension and overwork are commonplace for Brazilian and
US consumers
- Figure: Many Asia Pacific consumers view leading a less complicated
lifestyle as important
- Figure: Stress levels have worsened significantly in the UAE an Saudi as
the wider implications of the global financial crisis have influenced the
region
- Figure: UAE and Saudi respondents were more content with their sleep
routines than the global average
- Figure: Nearly a quarter of UAE and Saudi consumers are dissatisfied with
their daily energy levels
- Figure: UAE and Saudi consumers unhappy about their work-life balance
- Figure: UAE consumers have seen their work-life balance worsen
dramatically in 2009
- Figure: Leisure time maximization has becoming increasingly critical in
the UAE and Saudi Arabia
- Figure: Materialism is far more apparent in Russia than elsewhere in Europe
- Figure: Attitudes to wealth and credit in the Americas are not
particularly positive and have become less so over the course of 2008-09
- Figure: Consumers in North-East Asia place a lot of emphasis on
accumulating material possessions
- Figure: In these straightened economic times credit is seen by many UAE
and Saudi consumers as a means to maintain lifestyle
- Figure: More than a third of Europeans are dissatisfied with their
work-life balance
- Figure: The importance of spending time with friends and family has
increased for many Europeans in recent years, perhaps in recognition that they
have not been doing this enough
- Figure: Spanish consumers in particular are finding it more important to
maximize their leisure time
- Figure: Nearly a third of Russian parents consumers feel that they are not
able to spend enough time with their children
- Figure: Consumers in the Americas actually display a reasonably high level
of satisfaction with their work/life balance
- Figure: Socializing with friends and family continues to gain importance
with consumers in the Americas
- Figure: Maximizing leisure time is another important factor that Brazilian
and US consumers have attached increasing importance to in recent years
- Figure: There are relatively high levels of satisfaction over the amount
of time spent with children among US parents
- Figure: Japanese and Korean consumers express the least satisfaction with
their work-life balance
- Figure: Only a small proportion of consumers in Asia Pacific believe it
has become less important to spend time with their friends and families
- Figure: Maximizing leisure time is important for consumers in Asia Pacific
with high tempo lifestyles
- Figure: Korean parents are the most dissatisfied with the time spent with
their children
- Figure: Many regional consumers are unhappy with their work-life balance
- Figure: More regional consumers are happy with the amount of time spent
with their children compared to their overall work-life balance
- Figure: Spending time with friends and family has become an growing
priority for many MENA consumers
- Figure: MENA consumers have become significantly more leisure conscious
over the last two years
- Figure: There are different forms of nostalgia, some of which provide more
mass marketing opportunities than others
- Figure: A lack of consumer confidence in difficult times is the main
driver for nostalgia and traditional products
- Figure: Nostalgic consumption is a trend in Europe that has been building
up over several years, though in some countries more than others
- Figure: In 2006, US consumers were not making radical changes to their
consumption on the basis of nostalgic appeal
- Figure: Authenticity is important to MENA consumers
- Figure: In Germany and the Netherlands in particular, there appears to be
a resurgence and/or ongoing preference for established/traditional flavors
- Figure: A desire to experiment with new flavors is not wholesale among
consumers in the Americas
- Figure: Asia Pacific consumers from more developed markets are less likely
to have tried new and exotically flavored products
- Figure: Around half of Europeans cook evening meals from scratch at least
five times a week
- Figure: Although Europeans say that authentic foods and beverages are
appealing, this factor does not necessarily sway them to make product purchases
- Figure: Scratch-cooking is already fairly common among consumers in the
Americas
- Figure: Authentic food and drinks is an appealing concept to many
consumers, but this is not reflected by a high influence on consumption
patterns
- Figure: Korean consumers are making the most effort to move from
consumption of convenience foods to meals cooked from scratch
- Figure: Asia-Pacific: products marketed as authentic or home-made appeal
to consumers but not necessary considered as an important influencer in
decision-making
- Figure: Regional consumers are making more of an effort to cook from
scratch
- Figure: Home made and ' authentic' food and drinks products are very
popular regionally
- Figure: There are differences between consumer values and attitudes
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