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Tapping the Middle Class Market Potential the 2020 projections
1 pages
Published by
Fibre2fashion B2BMarketplace for...
Tapping the Middle Class Market Potential: the 2020 projections
http://www.
fibre2fashion.
com/industry-article/paidArticles/3037.
asp
Article Abstract:
Middle class segment can be defined as those whose daily
consumption per capita is...
[More]
Tapping the Middle Class Market Potential: the 2020 projections
http://www.
fibre2fashion.
com/industry-article/paidArticles/3037.
asp
Article Abstract:
Middle class segment can be defined as those whose daily
consumption per capita is between $2-$4, or $6-$10 per
day.
There will be a noticeable shift in the purchasing
power of these people, from the countries of the emerging
economies.
There is a change in the spending power that is apparently
shifting from the rich countries towards the countries with
more middle income population.
China is a growing
power falling under this description, which will be joined
by the BRIC countries by 2020.
Simultaneously, the
purchasing powers of the middle income consumers are
set to be on the rise.
They will have a strong influence in
the global spending patterns, resource utilization, and environment.
The report summarizes survey results among consumers of 15 different countries.
It provides an
in-depth look at the growing middle income cons
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