Global businesses are facing a highly uncertain environment, as growing geopolitical tensions and trade protectionist policies can accelerate the challenges of supply shortages, a tight labour market and lower productivity. Euromonitor identifies the top five trends in business dynamics that are shaping the global business landscape today and beyond.
Potential policy changes under a renewed Trump presidency could have far-reaching effects on the US and global economies. Proposed tax cuts may deliver short-term boosts to investment and income in the US but risk creating medium- and long-term challenges. Immigration and trade policy shifts are likely to drive higher inflationary pressures domestically and globally, while increased tariffs could disrupt international trade and accelerate efforts by companies to de-risk and diversify supply chains.
The global labour markets are rapidly evolving, influenced by demographic shifts, tech advancements and changing workforce expectations. Having a direct impact on costs, productivity and competitiveness, these changes highlight the urgency for businesses to adjust strategies and embrace these transformative trends.
China’s post-pandemic economic recovery is slowing, following declining demand for the country’s exports and sluggish growth of domestic consumption. Ongoing real estate market problems spark concerns over the stability of China’s financial system, risking a deeper downturn for the Chinese economy. Weakening growth and rising risks in the world’s second largest economy can have significant impacts on the global economy, with important implications for global businesses and consumers. Euromonitor International answers the most frequently-asked questions around China’s economic challenges.
You wouldn’t expect a pilot about to embark on a transatlantic flight to fail to run through his pre-take off checks and review the weather forecast for the journey. So why would a business fail to engage in market research before setting out on a particular strategy, product launch or important decision?
In 2023, global economies will continue to face multiple macroeconomic headwinds, including geopolitical uncertainties, inflation and tightened financial conditions. Global economic growth is expected to further slow, while cities will witness subdued consumer spending growth.
Global disruptions caused by the war in Ukraine, soaring energy prices and the pandemic have brought new challenges for businesses, but also new opportunities. While post-pandemic economic growth diminished unemployment, with increasing numbers of job vacancies, the labour market has tightened in many advanced economies, with companies battling for skilled employees.
Food crisis is brewing in 2022, with wheat supply and pricing playing a major role in it. Soaring agricultural input prices, increasingly unpredictable weather conditions during harvests and the war in Ukraine are all pushing up the key commodity price and in turn leading to inflation across most staple foods.
Get a framework that outlines how your business can execute change in order to disrupt an entire market or category.
Digitally minded consumers are forcing financial institutions to rethink the way they do business. These consumers want to bank when and how it suits them. Financial institutions must innovate quickly to keep up with consumer demands and to respond to challenges from non-traditional competitors.
COVID-19 pandemic has accelerated changes in employees’ work preferences and employers’ attitudes towards remote working. While during strict quarantines companies were forced to enter remote working, many are planning to retain teleworking options for their employees, expand investments into communications and IT solutions facilitating successful remote and hybrid work models.
How do brands disrupt a market? This episode of Market Research Minute goes through what it means to disrupt, which brands can disrupt and how brands within insurgent, local and multi-national groups create change.
Two years into the pandemic, and businesses entering 2022 are having to face ongoing uncertainties and risks. Although the global economy saw a strong rebound in 2021, supported by vaccination campaigns and stimulus spending, the pandemic’s effects still linger. Euromonitor International has identified three key challenges: Omicron, supply chain bottlenecks and inflation.
中国、インド、インドネシア、タイ、フィリピン、ベトナムを含む新興アジアは、その人口構成、消費者層の拡大、都市化、急速な技術導入とデジタルトランスフォーメーションを背景に、今後20年間、世界の新興市場の中でも最もエキサイティングな地域のひとつであり続けるだろう。本文では、これらの経済圏の今後の経済成長と消費拡大を追及し、この地域での事業拡大を目指す企業にとっての機会と課題を考えていく。
Emerging Asia – which includes the economies of China, India, Indonesia, Thailand, the Philippines and Vietnam – will continue to be one of the most exciting regions among emerging markets in the next two decades, driven by a favourable demography, strong consumer class expansion, urbanisation, rapid technological adoption and digital transformation.
COVID-19 has accelerated online presence and integration of digital solutions to minimise physical human contact. With an abundant pool of IT and tech graduates, well-developed digital landscape and relatively competitive wages, Central and Eastern Europe and especially Poland are being eyed by potential investors as the next Silicon Valley.
The strong recovery of the global economy, combined with measures introduced to combat the COVID-19 pandemic, continue to result in supply bottlenecks and inflationary pressures during 2021. Manufacturers across the world have faced heightened input costs – the costs of materials, labour and other overheads devoted to the production of goods.
Global manufacturing output has recovered from the initial shock of the Coronarvirus pandemic, although supply chain disruption and rising prices continue to weigh on companies. Moreover, transportation problems are expected to extend well into 2022. To avoid future risks, manufacturers are investing in digital tools.