Selangor Journal
Riot police officers fire tear gas following a protest against the government’s labor reforms bill outside the Regional People’s Representative Assembly building in Bandung, West Java Province, Indonesia, on October 7, 2020. — Picture by Antara Foto via REUTERS

Get ready for the restless, rebellious in 2021, Euromonitor tells businesses

KUALA LUMPUR, Jan 7 — More than one-third of global consumers believe there will be more political unrest in their countries, and 29 per cent were actively involved in social and political issues last year, according to global market research company, Euromonitor International.

Consumers are fed up and acting out, supporting the Restless and Rebellious trend Euromonitor identified in the ‘Top 10 Global Consumer Trends 2021’ report, launching Jan 19.

The report will be available in English, Spanish, Portuguese, Mandarin and Japanese.

“Misinformation and injustices are causing a crisis of confidence,” says Euromonitor International research manager, David Mackinson in a statement.

“Consumers want the facts and expect brands to act.”

Companies and social media networks must work together to ensure accurate and relevant information is shared or run the risk of losing credibility.

Euromonitor’s annual report identifies the 10 most prevalent trends defining consumer behaviour in the year ahead, offering strategic business recommendations to meet new demands.

Register for Euromonitor’s ‘Top 10 Global Consumer Trends 2021’ report to discover how consumption patterns, shopping habits and daily routines will take shape this year.

— Bernama

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