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Report
Consumer Lifestyles in China
Market Direction I 2022-06-29 I 79 Pages I Euromonitor
Consumer Lifestylesoffers valuable insights into keyconsumer attitudes and current thinking,and their impactonpurchasing and consumption habits; quantifyingbehaviours, preferences and motivations, and aligning themwith broader trends in China.
Euromonitor's Consumer Lifestyles in China report analyses factors influencing national consumer expenditure. Consumer lifestyles reports include coverage of: population, urban development, home ownership, household profiles, labour, income, consumer and family expenditure, health, education, eating habits, drinking habits, shopping habits, personal grooming, clothing, leisure habits, savings and investments, media, communication, transport and travel and tourism. Use this report to understand the factors influencing a nation's lifestyle choices.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
Why buy this report?
* Get a detailed picture of the Consumer Overview market;
* Pinpoint growth sectors and identify factors driving change;
* Understand the competitive environment, the market's major players and leading brands;
* Use five-year forecasts to assess how the market is predicted to develop.
Euromonitor International has over 40 years' experience of publishing market research reports, business reference books and online information systems. With offices in London, Chicago, Singapore, Shanghai, Vilnius, Dubai, Cape Town, Santiago, Sydney, Tokyo and Bangalore and a network of over 800 analysts worldwide, Euromonitor International has a unique capability to develop reliable information resources to help drive informed strategic planning.
Scope
Consumer landscape in China 2022
Life priorities
Finding "me time" low by global comparison as a selfless culture prevails
Time for favorite activities ranks high among Chinese consumers
A prestigious image and being perceived as successful is paramount
Gen Z not as influenced by car ownership status
Consumers value quality and innovation but will choose trusted brands
Millennials have stronger in purchasing values and priorities
Home life
Being digitally connected at home vital to majority of consumers
Gen X most active home exercisers
Poor air quality in cities drives desire for homes in areas with cleaner air
Eating habits
Prepared food is popular as it is affordable and urban kitchens are small
Chinese consumers want foods with health and nutritional benefits
Low rates of food restrictions set to change as Gen Z adopt flexitarianism
Afternoon snacks at the weekend much more popular than during the week
Love of streaming among younger consumers drives snacking behaviour
Working life
Work-life balance valued alongside job security and good salaries
Younger generations breaking the mould and choosing to work for themselves
Earnings seen as imperative but job security important as well
Flexible working hours most important future work expectation
Flexible working times are highly desirable for younger Chinese
Leisure habits
High levels of weekly online socialising among all generations
Shopping remains a popular leisure activity in China
Millennials and Gen X are the most avid leisure shoppers
International travel remains subdued but domestic trips flourish
Gen Z less interested in outdoor/nature activities as they prefer to relax
Health and wellness
A third participate in physical exercise almost every day
Walking and running easily accessible and a good reason to get outdoors
All generations enjoy walking and running to maintain health
Use of sleep aids far exceeds global average
Millennials more focused on stress-reduction activities than other generations
Sustainable living
Over 60% of respondents worried about climate change
High levels of concern and positive actions across all generations
Reducing the use of plastics and food waste is a key concern for Chinese consumers
Young consumers more interested in using sustainable packaging
Chinese consumers vote with their wallets on brand values
Younger generations more inclined to buy from brands that support their values
Shopping habits
Niche products and brands have unique appeal to Chinese consumers
Younger generations want personalised and tailored shopping experiences
Chinese are more influenced by their social network than their global counterparts
Friends and family recommendations valued by Gen Z
Subscriptions appeal to consumers for the enjoyment value
Gen Z most motivated by the convenience of subscription services
Consumers motivated to shop in-store to see or try before buying but lower than average
Younger consumers still driven to visit stores to see physical products
Price and variety of products motivate consumers to shop online
Availability of a selection of brands drives Gen Z to shop online
Spending habits
Millennials focused on increasing spending on health/wellness, education and technology
Younger cohorts expect to increase their savings, but Millennials also expect to spend more
Technology
Life lived online is carefully scripted and managing privacy is key
Managing data sharing and privacy settings important across generations
Smartphones lead the way in devices across generations in China
Smart wearables exhibit consumers' love for tech-driven lifestyles
Social networking is an integral part of life for Chinese consumers
Millennials most active on social networking sites
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