World Consumer Outlook
The World Consumer Outlook provides the most accurate data on the future state of consumers and spending across the globe. It is updated 4 times per year to reflect the most recent economic and demographic shifts.
Our November release note is available now.
What is the world consumer outlook?
The latest consumer spending projections for 2024 through 2030.
The WCO aims to present the overall consumption trends for the short-medium- and long term in order for businesses to adjust their strategies.
The WCO breaks down consumer spending by demography, geography, and spending power.
According to the WCO:
people will be added to the consumer class in 2024
countries will add more than 1M consumers in 2024
in consumer spending will be added to the world economy
this age group will add the most to the consumer class headcount
*consumer class defined as those spending above $12 daily