CONSUMER INSIGHTS | 22 JULY 2022 The top consumer goods trends shaping Africa Absa | Corporate and Investment Banking > Insights and Events > The top consumer goods trends shaping Africa SHARE Consume This, CGS Monthly Newsletter: Volume 2, Issue 4 The Consumer Goods and Services Sector has been navigating unprecedented change for the past two years. From keeping up with digital retail trends to a pandemic that turned the world upside down, and consumer spending behaviour is continually shifting and evolving. The Consume This Newsletter/ Infographic highlights these changing priorities as well as emerging patterns that could shape retail and retail-related sectors going forward. Customers and consumers are not only becoming increasingly more aware of their own health and wellness, they’re making sustainable lifestyle choices and this filters right down to the supply chain. Stay current with key insights into the Consumer Goods and Services Sector. In this Issue, we discuss: Conscious Consumerism: Famous Brands and Lexi’s Healthy Eatery April Merchant Spend Analysis Retail Footfall and Online Activity Across the Border: Ghana and Kenya Click here to grow your knowledge https://cib.absa.africa/wp-content/uploads/2020/07/file_example_MP3_700KB.mp3 Related Articles CONSUMER INSIGHTS Absa’s Merchant Spend Analytics: November 2024 While Black Friday 2024 marked a modest improvement over the previous year’s dismal performance, it fell short of the double-digit growth achieved in 2022. The post-payday boost contributed to a rise in overall card spending from 3% to 6% during Black Friday 2024, despite a slight softening in transaction volumes. Read more CONSUMER INSIGHTS Absa’s Merchant Spend Analytics: October 2024 Consume This, CGS Monthly: Volume 10. After a dip in September, card spending and transaction volumes rebounded strongly in October. This uptick can be attributed to factors such as the recent 2-pot retirement reform and overall economic improvement. This positive trend is particularly promising for this Black Friday, Cyber Monday and upcoming Festive Season. Read more CONSUMER INSIGHTS Absa’s Merchant Spend Analytics: October 2024 In an era of accelerated change, navigating the vast consumer goods and services landscape can be daunting. This newsletter forms part of a series of reports curated by industry experts, leveraging Absa internal and global data sources, as well as local research across the consumer goods and services sector to bring you the latest insights and trends. Read more
