Women consumer spending worldwide 2013-2018
Female consumer spending was expected to reach approximately 40 trillion U.S. dollars worldwide in 2018, an increase from around 29 trillion U.S. dollars in 2013. This large increase of over ten trillion U.S. dollars is no surprise when you consider the fast development of the world’s population.
What is consumer spending?
Consumer spending is what individuals, or households, spend to satisfy their everyday needs. This can include services such as healthcare and banking, as well as durable and non-durable consumer goods. Durable goods are more hardy goods which do not need to be purchased so often, such as kitchen appliances or furniture. Non-durable goods have a shorter lifespan and need to be purchased more frequently, such as food, apparel and toiletries. Consumer spending is a key driving force of economies worldwide.
Grocery spending
Due to our need to eat and stay hydrated, grocery shopping makes up a large segment of consumer spending. In the United States alone, consumer spending in supermarkets and grocery stores is forecast to reach around 42.8 billion U.S. dollars by 2020. There is also a very large market for eating out at restaurants in the United States, as the country has the highest share of consumer restaurant spending worldwide.
What is consumer spending?
Consumer spending is what individuals, or households, spend to satisfy their everyday needs. This can include services such as healthcare and banking, as well as durable and non-durable consumer goods. Durable goods are more hardy goods which do not need to be purchased so often, such as kitchen appliances or furniture. Non-durable goods have a shorter lifespan and need to be purchased more frequently, such as food, apparel and toiletries. Consumer spending is a key driving force of economies worldwide.
Grocery spending
Due to our need to eat and stay hydrated, grocery shopping makes up a large segment of consumer spending. In the United States alone, consumer spending in supermarkets and grocery stores is forecast to reach around 42.8 billion U.S. dollars by 2020. There is also a very large market for eating out at restaurants in the United States, as the country has the highest share of consumer restaurant spending worldwide.
