Posts tagged ‘Euromonitor International’

26/08/2014

China’s Skyrocketing (Pet) Population – Businessweek

During a stint in the U.S. Army, Dennis Schenk worked alongside canine rescue units in the aftermath of a hurricane. He fell in love with dogs and decided he wanted to make them his career. He eventually got certified as a dog trainer by the International Association of Canine Professionals and the International Association of Animal Behavior Consultants and in 2009 moved to China. Now he’s flown around the country by clients who pay him 500 yuan ($81) an hour to train their dogs to come and sit, and to treat them—the pets, not owners—for anxiety and aggression.

"Building a Beautiful Home for Your Pooch" (left); "The Most Beautiful Tail"

Cat and dog lovers are a relatively new breed in China. Up until the 1980s, keeping pet dogs was illegal in Beijing, because pets were considered to be a bourgeois affectation. Restrictions were loosened in the 1990s and early 2000s. (A height limit on dogs is still in place.) By 2012 the city had more than 1 million registered pet dogs, now served by more than 300 pet hospitals, according to the Beijing Small Animal Veterinary Association. China has become the third-largest pet market in the world, after the U.S. and Brazil, according to Euromonitor International, and is home to 27 million dogs and 11 million cats.

Maoist rhetoric hasn’t disappeared entirely. In early August the Communist Party-run People’s Daily ran an editorial decrying pet ownership as a “crude and ludicrous imitation [of a] Western lifestyle”—and argued that uncollected sidewalk poop disrupts “social peace and harmony.” In some cities, unwanted puppies are dumped on the street and become strays. The local press has reported cases of auxiliary police officers beating strays to death.

via China’s Skyrocketing (Pet) Population – Businessweek.

04/08/2014

For a country obsessed with fair skin, why are so many Indians buying self-tanners?

Market research firm Euromonitor has just released a study on the grooming habits of the world. It has one rather surprising finding – Indians are slathering on massive dollops of tanning lotions. Indians are apparently second only to Chinese in consuming what the researcher calls self-tanning products.

It doesn’t add up.

Indians are the highest consumers of whitening creams, the same survey shows, and that is unsurprising. The country’s problematic preference for fair skin is well known. Fairness cream ads featuring big Bollywood stars are ubiquitous. In 2010, AC Nielsen estimated the size of the market for skin whitening products at $432 million.

But there is not a single well-known brand of skin-tanning lotions in the country.

via Scroll.in – News. Politics. Culture..

06/08/2012

* Chinese Consumer Products Get More Competitive

WSJ: “Gone are the days when big multinationals in China could easily dominate every consumer segment from toothpaste to laundry detergent.

For years, companies such as Procter & Gamble Co. PG mainly had to worry about counterfeits, as their brands, such as Crest, were the hot items for the newly expanding consumer market.

That isn’t always the case anymore.

Take for instance a Chinese herbal toothpaste for whitening and sensitive gums. It sells for the equivalent of about $8.60, roughly double the price of Crest 3D White Vivid, one of P&G’s pricier brands. Yet the herbal toothpaste’s market share in China grew to 8.8% in 2011 from 1.1% five years ago, according to market research firm Euromonitor International. Over that same period, P&G’s market share in the toothpaste category fell to 19.7% from 20.8%. Toothpaste market share in China for Unilever NV, which sells the Zhonghua brand there, fell to 9.9% from 12%, according to Euromonitor. (In other markets, Unilever produces Close Up and Signal brand toothpastes.)

Industry insiders say losses of a point or two are small enough in the short term for foreign companies to manage. But the Chinese brand, made by Yunnan Baiyao Group Co., one of many local competitors gaining market share at the expense of foreign giants, is a sign of a changing consumer environment, some people say.

“P&G and Unilever will have to fight harder for shelf space and fight harder to differentiate from domestic brands that are now offering a wider range of products and features,” said Ben Cavender, a senior analyst at China Market Research Group.

Chinese companies like Yunnan Baiyao are gaining as they sharpen their branding.”

via Chinese Consumer Products Get More Competitive – WSJ.com.

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