(PRWeb UK) 16 September 2011
It is said that money can not buy happiness – but new research from Mintel shows you can certainly go a long way towards that. With economic pressures and an increasingly polarized all leave their mark, this study highlights the gap that opened between the British consumer in recent years – both in terms of wealth and prospects
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figures
new lifestyles UK 2011 – Report Mintels peak seems money can buy happiness and prosperity plays an important role in the financial landscape. In fact, almost six in ten (58%) of their income? 50,000 and more satisfied with their lives, compared to only four in ten (43%) of their income is lower? 15,000. Similarly, almost half (47%) and 50,000 of their income? Top has got important things they want in life compared to three in ten (31%) of those earning less? 15,500. And even if you could say in the prime of life, not consumers aged 25-54 are more satisfied with their lives. Those aged 16-24 were the most optimistic about their finances (74% say they are healthy) with the best of luck next retired (31% have money left over at the end of the month for some luxury goods).
Toby Clark, Head of Finance at Mintel, said:
“There is always a part of society better than others, but the moments that are difficult to be more difficult to conceal differences in the United Kingdom are staging a weak recovery from recession in 2008-10 -. spending cuts , also, who played in the minds of consumers, with seven out of ten believe that austerity measures will leave them worse-off consumer spending remains under pressure with incomes not keeping pace with crushed rising prices in the shops .. As for 2010, the road to recovery from recession has been tested a little ‘bumpy for consumers with little confidence. With interest rates still low, and the anticipation that household spending will skyrocket as soon as interest rates begin to rise, consumers are still wary
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Today, as many as half (50%) of all the British said they were satisfied with their lives, three in ten are neutral (31%) while a fifth (21%) are dissatisfied with their fate. Nearly four in ten Britons (38%) achieved important things they want in life. Meanwhile, consumers are a little ‘more (43%) admitted that “in life they always wanted more than what they have.
Alexandra Richmond, senior analyst at Mintel Consumer, said:
“Lack of money keeps people from realizing their dreams and, consequently, the unemployed and those living in low-income families are more likely to say that they always want more of what they are less satisfied. life and less tend to agree that things have reached that want “
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consumers who live in consumer countries Yorkshire happy almost six in ten (57%) are very satisfied with life compared to an average of 50% across the nation. In contrast, those who live in London, is at least contained, in fact, today, less than half (48%) from London to admit that they are happy. Life in the village to add the existence of content, more than half (56%) of them lived in the country are satisfied with their lives, with a population of Suburban (52%) the next most satisfied – and the inhabitants of cities ( 47%) lower than in every way
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markets covered by Mintel
account for 90% of discretionary consumption. In 2010, British consumers spent a total of 993 billion dollars? In goods and services, with the housing (326 billion), Transportation (157 billion), food and consumer sector house (? 70 billion), with higher consumer spending. In comparison with the results of Mintel, at the same time last year there was virtually no improvement in the sensitivity to the current financial situation. Overall, people are optimistic about their future financial situation, with just under one third (29%) felt confident about their finances and only a small minority are very worried (18%). In fact, the low recovery from the crisis, combined with the austerity measures the government as a whole that people still feel the pressure. At 34 and 33 million people have noticed the price increases in transport and store food, respectively.
false economic ideas that come to the fore, it is estimated that 10.4 million people buy something cheap in the hope that it will last, although a slightly larger group (about 12.6 million) ready to spend more on something you know for sure that will last longer. At 34 and 33 million people have noticed the price increases in transport and store food, and today each of these, half (50%) of UK consumers do not like paying full price for anything. It seems that when times get tough, brand loyalty is the first thing that must be exceeded by more than half (51%) of people move from their preferred brand when they see a much better deal. More than one in three (35%) agree that they’ll stick to brands they know and trust if the price increases. Consumer prices rose by almost cynical, half (46%) believe that retailers use inflation as a cover to keep their profits
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And it seems that the gap between rich and poor is reflected in their buying behavior and treat the purchase in the current economic climate. Almost half of those (46%) with a turnover of more than 50,000 years? Each will start to have fun when I’m sad, but this compared to 22% among those living in families with income below? 15,500. The only type of products are low-income families are more likely to buy to have fun are smokers. Almost one third (32%) of those living in households with incomes of less than 9,500 to buy cigarettes as a gift compared to an average of less than one in five (19%) of all adults -? Although cigarette prices jumped by nearly 50% over the past five years
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And when you feel blue – a 31 million (77%) believe the British people turn to food to comfort themselves. Sweets and chocolates as well as the high level of comfort foods with more than six in ten (24 million), aimed at collecting these treats alone. Although many reducing their outputs restaurant (market for eating out and take a slow growing 1.6% between 2007 and 2010) and began to cook more from home, more than half (52%) would treat ourselves to dinner with friends or partners, and almost half (47%) will take a take-away
not only the comfort of British food drive are turning to hard times, in fact, five things to entertain the nation’s top cover 1. Favorite food to eat at home (77%) 2. Chocolate and sweets, 3. One night (52%) 4. Take-out (47%) and 5. Clothing and accessories
Consumers sector
highlights:
alcopops alcoholic beverages is an average 50% in five years
RTD (ready to drink) and mixables alcohol (otherwise known as alcopops) have seen a dramatic decline as they become victims of negative publicity surrounding their perceived association with drinking underage. This sector has seen a reduction of almost 50% between 2006 and 2010. However – Mintel estimates the prospects of this sector is likely to increase, such as innovations in the field of RTD and bring a wealth tax on the ABV encourage producers to invest in RTD low ABV
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alcohol industry has seen
total value of cut between 2006 and 2010, although looking ahead is set to recover the 6.1% growth expected between 2011 and 2016. Mintel estimates that the two main markets – beer and wine will see a drop in sales over the next five years. The first due to an over-reliance on public sector in decline and secondly because the dependence on imports, with higher taxes, which raise prices
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FOOD AND BEVERAGE
: Cocooning pink
not surprising that one of the biggest increase in consumer spending seen in the areas of food at home, 38% of British demand has sp
