sure fire socio-demographics
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Sure-fire socio-demographics:10 Insights on where to grow business
Growth Stories
Bringing you a flavour of business
growth trends...in just 5 minutes
A Futures Coaching initiative
www.futurescoaching.com
Growth in working populationx
Gains in productivity
Countries with young, expanding labour forces, which are becoming increasingly
efficient, will show the largest GDP growth
Growth formula
The scale of the opportunity for growth in productivity is much larger in developing countries than developed ones
productivity gains
The 4 BRIC countries are home to 3 billionChina and India respectively have 4 times US populationBrazil (180Mn) and Russia (140Mn) are both bigger than
Japan (125Mn)
BRICs: size matters
An estimated 260 million people could relocate to urban areas in China over the medium term: Chinese
urbanisation may only be half way through
Rural areas may become devoid of young people
BRICs: urbanisation matters
where will growth come from?
Consumption in the BRICs will rise fourfold 2010-2025At $16 trillion spending will be bigger than the US marketChina alone, on conservative estimates, sees $10 trillion
of consumer expenditure by 2025 (source: Goldman Sachs)
effects on consumption
By 2020, 70% of all cars will bebought by BRICs
By 2050, Chinese could own 2X as many cars as Americans
Other industries where BRICs will dominate: luxury goods, travel, tourism
where the action is
the new hierarchySize of Economy, 2010
USChinaJapan
GermanyFrance
UKBrazil
Size of Economy, 2050
USChinaIndia
JapanBrazil
RussiaUK
Source: IMF, World Economic Outlook, 2010 Source:Goldman Sachs forecasts
The next 11 largest populated emerging economies with strong growth potential
BangladeshEgypt
IndonesiaIran
MexicoNigeria
PakistanPhilippinesSouth Korea
TurkeyVietnam
(source: Goldman Sachs)
weighing the next 11
By 2045, American 'minorities' will be in the majorityIn 2010, O&M formed OgilvyCulture to specialise in cross-
cultural marketingBrazil has a highly integrated ethnic population
North Korea, Iceland and Japan are some of the most ethnically pure nations
growth in ethnic mix
Acknowledgement Many of these insights are drawn from the
excellent new book, 'The Growth Map' by Jim O'Neill
Working with Future Coaching Conference speeches on major trends - accelerating
management awareness Workshopping trends – evaluating impacts on
businesses or brands; future-proofing existing offers Brainstorming sessions – innovating to harness growth Reports on the future of sectors or industries –
jumping ahead of the curve; achieving thought leadership; building in longevity
Training for consumer insight teams – boosting internal futuring capabilities
Website: www.futurescoaching.comBlog: http://futurescoaching.typepad.com
Email: [email protected]
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