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Young Families


Description: Young Families identifies the specific new demands of first time parents with respect to food, drinks and personal care markets. Through actionable insights, this report demonstrates the opportunities available for manufacturers and retailers to adjust their offerings to these consumers, and retain their loyalty into the future. Key benefits ·Understand how purchasing habits change in the first two years of parenthood, and the key product categories that are affected ·Assess what features of products and retail services young families value most highly ·Forecast the future direction of the young family market, in terms of demographic change or increasing use of eCommerce for example ·Learn from prescriptive action points on how to best take advantage of these opportunities


Contents:
EXECUTIVE SUMMARY


Introduction


Market context


The future decoded


Action points


Conclusions


INTRODUCTION


What is this report about?


Who is the target reader?


Definition of a Young Family


How to use this report


MARKET CONTEXT


Introduction


Key findings


Segment size


Consumer segments


Consumer interviews


Low income segment


Medium income segment


High Income segment


Implied expenditure


Baby food data





Conclusions


THE FUTURE DECODED


Introduction


Key findings


Demographic projections





Changing drivers


Data forecasts





eCommerce future


Conclusions


ACTION POINTS


Introduction


Key findings


Seize the opportunity to secure brand loyalty





Meet the specific demands of the target group


Retail services are important to young families


Recognize the potential for driving Internet shopping


Conclusions


APPENDIX


Research methodology


SPP writing team


How to contact experts in your industry







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