The report focuses on food shopping and buying patterns of affluent
food shoppers, who are defined as those with a household income of $150,000 or more.
Together, China and Japan are home to more than two-thirds of the region's affluent
Partners Holdings Limited and its subsidiaries is one of the world's largest merchants, purchasers and processors of pearls.
youth also tend to have more access to alcohol and resources that would protect them from legal repercussions (Cashman and Twaite, 2009a; Pedersen et al., 2014; Randall et al., 2015).
Partners Holdings Limited's team flew to the UAE specially to celebrate this new collaboration.
9 percent while consumption dropped by six percent, driven mainly by affluent
households cutting their spend by five percent.This is in stark contrast to middle- and lower-class households, whose spend has increased by five percent and four percent, respectively, suggesting affluent
households are feeling the pinch the most.
The research examined the views of 11,000 emerging affluent
individuals who are earning enough to save and invest from 11 markets across Asia, Africa and the Middle East.
The Emerging Affluent
Study 2018 - Climbing the Prosperity Ladder - examines the views of 11,000 emerging affluent
consumers - individuals who are earning enough to save and invest - from 11 markets across Asia, Africa and the Middle East.
The average figure for social mobility among emerging affluent
across markets in study is 59 per cent, and of these 7 per cent are experiencing supercharged social mobility.
Interestingly, the levels of optimism of emerging affluent
with these three countries when compared to their parents were higher than the reality.
However, the survey suggests that pessimism about the economy has increased at the same time, with just 13% of affluent
households in the UK saying they are confident in the global economy, a decline of three percentage points on last year.
The results showed that 28% of the A class see that their units must be inside a compound compared to 20% of the B class, while 25% of affluent
clients prefer to buy units inside compounds compared to 24% of the B class.