Market Research Report
Reverse Urbanization - Coronavirus (COVID-19) Consumer Behavior Impact
|Published by||GlobalData||Product code||950852|
|Published||Content info||16 Pages
Delivery time: 1-2 business days
|Reverse Urbanization - Coronavirus (COVID-19) Consumer Behavior Impact|
|Published: July 3, 2020||Content info: 16 Pages||
"Reverse Urbanization - Coronavirus (COVID-19) Consumer Behavior Impact" identifies the structural changes taking place as a result of the COVID-19 pandemic. The public health emergency has challenged the need for offices and workspaces, leading to demand for a "rural renaissance" as people consider alternatives to dense urban living. Attitudes are changing as consumers place a greater emphasis on self-sufficiency, independence, and the local community.
Reverse urbanization is a concept of urban decline in favor of rural living. In light of the COVID-19 pandemic, surges in demand for suburban and rural living have spiked as remote working negates the need for physical office space. As the work-life balance changes, consumption behavior and occasions will also be impacted over the coming years.