Sentences with phrase «rising middle class consumers»

Not exact matches

In other words, more than 300 million middle - class consumers with rising disposable incomes are propelling the consumption of China.

Tsai said rising disposable incomes of China «s «over 300 million middle - class consumers» was helping drive the firm's online sales — and would continue.

In the emerging world, many consumers in the rising middle class tap Samsung for their first smart device and trade up into higher - end products as their disposable income grows.

And the seemingly logical move into developing markets — where the rising middle class meant billions in new consumer spending — proved more volatile than anticipated.

This group of super spenders is expected to see its population double over the next five years to 100 million households, and as an economic force they are poised to eclipse the impact of rising but less - wealthy consumers: Their consumption is currently growing at 17 percent a year, compared to just 5 percent among emerging - middle - class and middle - class consumers.

Speaking at Tmall's Super Kitchen event, an offline expo of home goods held by Alibaba Group's business - to - consumer site, Stewart said she saw an opportunity to expand her brand into the world's second largest economy as rising incomes in the middle class there were increasingly being spent on lifestyle and experiential purchases rather than staple goods.

Emerging markets are driving this growth: China, in particular, is the world's largest consumer of meat, with protein consumption expected to grow 3 — 4 % a year thanks to a rising middle class.

China should be attractive to small U.S. companies, due to the market's size, rising consumption in the country and an increasing fondness for American products among China's young and growing middle class of over 300 million consumers.

Rising incomes within the middle class will play a major role in boosting China's consumer economy from $ 4.2 trillion last year to $ 6.5 trillion by 2020, he noted, all despite the country's oft - discussed slowing GDP.

India had 250 middle class consumers in 2007, a number that will rise to 600 million by 2030.

The whole region has an increasingly urban population, a growing middle - class, and rising disposable incomes — all of which fuels fast - growing consumer markets.

BRIC countries also offer another powerful incentive — a growing middle class that will continue to drive rising consumer spending in the coming years.

A rising GDP and youthful population can often lead to the creation of a new consumer middle class, which further fuels the economy.