Consumers face several financial hurdles, including the slowing economy, inflation and the new 6% Goods and Services Tax which has generally increased prices. Malaysians have responded by cutting spending in a number of areas, including dining out and holiday travel, and many have switched from shopping for food in supermarkets to shopping at less expensive wet markets. On the other hand, there appears to be little decline in demand for ‘necessities’ such as smartphones and other new gadgets.
Euromonitor's Consumer Lifestyles in Malaysia 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.
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Get a detailed picture of the Consumer Lifestyles 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.
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