Consumer Lifestyles in Peru

June 2024

Consumer Lifestyles offers valuable insights into key consumer attitudes and current thinking, and their impact on purchasing and consumption habits; quantifying behaviours, preferences and motivations, and aligning them with broader trends.

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This report comes in PPT.

Overview:

Consumer Lifestyle reports provide detailed snapshorts of the behaviours, attitudes and spending patterns of consumers in 40 countries. 

The Lifestyles reports offer valuable statistics and insights into key consumer traits and values, linking behaviour trends with purchase and consumption habits. Using lifestyles survey data, these reports quantify behaviours, preferences and motivations both now and in the future across specific consumer-related topics relating to how consumers live, shop, work and play in 40 markets. Analysis is also included on how Euromonitor’s 8 focus megatrends, the longer-term shifts in consumer attitudes and behaviour, are playing out in each of the 40 countries. Consumer lifestyles are constantly shifting. Understanding behavioural shifts is vital for businesses to stay competitive and adapt to in order to capitalise on new opportunities.

The Consumer Lifestyle in Peru report includes:

Lifestyles survey data and analysis on consumer values, behaviour and future expectations on topics such as life priorities, home and work life, ethical and health priorities and eating, leisure and shopping habits and use of technology. Consumer Megatrends covered are: Connected Consumers Ethical Living Experience More Healthy Living Middle Class Retreat Premiumisation Shifting Market Frontiers Shopping Reinvented

The Consumer Lifestyle in Peru report answers:

  • How is the consumer mindset in Peru changing? In Peru, what are consumer attitudes towards “green” and sustainable products?
  • What values influence consumers in Peru purchase decisions?
  • Where and how do consumers shop in Peru?
  • What health-related activities do consumers in Peru participate in?
  • What megatrends should I focus on in Peru (and why)?
  • How do I prioritize my investment? I operate in country x, which are the most important megatrends in that country?
  • My product chimes with the Healthy Living trend, what consumer behaviours do I need to consider for innovation planning?
Scope
Consumer landscape in Peru 2024
Personal traits and values
Peruvians are concerned about the rising cost of everyday goods
Gen X love spending and prioritizing time with their children
Peruvians find it important to experience other cultures
Millennials feel most strongly that it is important to spend money on experiences
Majority of Peruvians feeling positive about their futures
Personal traits and values survey highlights
Home life and leisure time
Baby boomers are the most likely generation to exercise at home
Gen X is Peru’s most active generation on social media
Baby boomers value smart home functionality more than other generations do
Safe location remains the number one home feature for all generations
Consumers in Peru look for relaxation when travelling
Home life and leisure time survey highlights
Eating and dietary habits
Peruvian consumers look for healthy ingredients in food and beverages
Younger generations tend to have less time for cooking
Consumers in Peru cook and prepare their own meals at least once a day
Older generations more likely to avoid meat or fish
Consumers more likely to pay more for products with health and nutritional properties
Eating and dietary habits survey highlights
Working life
Baby boomers want employers that take social and ethical responsibilities seriously
Peruvians desire a strong work-life balance
Younger generations more driven by higher salaries
Peruvian consumers have entrepreneurial ambitions
Working life survey highlights
Health and wellness
Running or jogging weekly remains the most frequent ex ercise routine in Peru
Meditation is the most popular stress-reduction activity amongst Peruvians
Peruvians most influenced by health and nutritional properties when buying healthy food
Gen Z and baby boomers most ardent users of health- or fitness-tracking apps
Health and wellness survey highlights
Shopping and spending
Peruvians enjoy finding deals
Gen X enjoy shopping malls more than other generations in Peru do
Gen X seek products with unambiguous labels
Gen Z most willing to buy second-hand products
Consumers in Peru often donate used items to a charity or non-profit
Gen X most likely to access customer support via social media
Consumers in Peru place a lot of trust in friends and family recommendations
Saving more and spending less is a major intention for future expenditure
Gen X not comfortable with their current financial standing
Shopping and spending survey highlights
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