Consumer values and behaviour in the US
This report visually explores everyday habits and behaviours that reflect consumers’ beliefs and values, linking behavioural trends with purchase and consumption habits in the US.
Euromonitor's Consumer values and behaviour in the US 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.
Why buy this report?
* Get a detailed picture of the Consumer Values 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.
- Scope
- Consumer values and behaviour in the US
- Consumers like to try new products and prefer spending on experiences over things
- Millennials and Generation X keen to engage with brands to influence product design
- Millennials have most faith in their long-term investments
- A quarter of consumers feel that more activities will shift online in the future
- US consumers are less positive that more activities will shift to in-person
- Generation Z feel strongly that they will be working more in the future
- US respondents feel more concerned that climate change will have greater impact in future
- Concerns over future political unrest higher than global average
- More community engagement expected among younger generations
- Online connections with friends and family not as frequent as global average
- American homeowners seek energy efficiency over other features
- Proximity to public transport not a concern for American households
- Higher rates of reheating or preparing a ready meal than global average
- Convenience of food deliveries and eating out outweighs desire to cook
- Low desire and lack of time to cook leads to high demand for food delivery
- Over half of US consumers look for healthy ingredients in food and drink
- Working close to home is seen as a way to achieve a better work-life balance
- High salaries are key for younger generations, but Generation X want job security
- Generation Z feeling under most pressure to get things done
- Millennials are the most active in their leisure pursuits
- Shopping is the most frequent leisure activity
- Millennials are the most avid leisure shoppers
- Over 60% of respondents walk/hike for exercise at least weekly
- Over 50% of Generation Z and millennials run or jog for exercise every week
- Americans have higher adoption of sleep aids than their global counterparts
- Consumers have more faith in recyclable labels than sustainably produced
- Baby boomers show themselves to be more actively engaged in green behaviours
- Donating to charities that support the environment is higher than global average
- Over a third of consumers will boycott brands that do not share their beliefs
- Cost-conscious shoppers like to find bargains
- Baby boomers more focused than other generations on finding bargains
- Consumers less interested in personalised shopping experiences; ready to buy pre-owned
- All generations positive about buying used items, but branding is important to millennials
- Strong consumer preference for buying beauty, personal and health care items in-store
- Millennials use their smartphones more often for food delivery
- Well over 50% of respondents expect their spending to remain the same in all categories
- Generation Z concentrate their efforts on spending on their education
- Over a quarter of consumers expect to reduce their overall spending in the coming months
- Consumers managing data sharing and privacy in line with global counterparts
- Millennials more comfortable with online communication and engagement
- Low levels of purchasing and sharing information via social media platforms
- Millennials more active in sharing a purchase with their social network
- Mobile banking is the most frequently used service
- Millennials show high adoption of health and fitness apps