What's the global economic outlook for 2025? And how will current projections impact consumer spending power or business opportunities? Find those answers in our upcoming webinar. Register now.
This webinar will explore how Korean companies and brands are aligning their business strategies to meet the rising expectations of Southeast Asian consumers, and how local companies are leveraging the K-Wave to connect with their markets.
The baby food market in Asia Pacific has been shrinking as milk formula consumption falls, causing manufacturers and brands to seek new growth opportunities. From comprising 82% of the region’s total baby food retail sales in 2024, milk formula is expected to make up only 79% by 2029.
In August 2024, Avon Products Inc, a subsidiary of Brazil’s Natura&Co, filed for bankruptcy. The filing was largely driven by talc-related lawsuits, which caused significant financial and reputational damage. Once a leader in direct selling, Avon has struggled to adapt to the rapidly changing retail environment. This development not only highlights Avon’s ongoing difficulties in a beauty environment where consumers are hyper-concerned about ingredient safety, but also raises long-term concerns about the future of direct selling and prospects for Natura&Co.
In the last quarter of 2024, the global economy continues to see steady growth, as inflation has moderated, private consumption has been sustained and monetary policy has started to ease in key markets. Nevertheless, short- and medium-term growth prospects are challenged by rising geopolitical risks and growing policy uncertainty.
How can you respond to lifestyle shifts or evolving consumer expectations in 2025? Read this report—equipped with our global data and expert insights to help you make strategic decisions that drive growth.
Register today to enhance your sustainability efforts, turning them into a strategic asset for your brand, society, and the environment. Don't miss the opportunity to leverage authentic green claims and play a role in shaping a more sustainable and equitable future.
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