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Consumer Values and Behaviour in Malaysia

M00014155

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This report visually explores everyday habits and behaviours that reflect consumers' beliefs and values, linking behavioural trends with purchase and consumption habits in Malaysia.

Euromonitor's Consumer Values and Behaviour in Malaysia report analyses factors influencing national consumer expenditure. Consumer lifestyles reports include coverage of: population, urban development, home ownership, household profiles, labour, income, consumer and family expenditure, health, education, eating habits, drinking habits, shopping habits, personal grooming, clothing, leisure habits, savings and investments, media, communication, transport and travel and tourism. Use this report to understand the factors influencing a nation's lifestyle choices.

Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.

Why buy this report?

Get a detailed picture of the Consumer Values market; Pinpoint growth sectors and identify factors driving change; Understand the competitive environment, the market's major players and leading brands; Use five-year forecasts to assess how the market is predicted to develop.
Product Code: CLMYcv

TABLE OF CONTENTS

Consumers are more willing to spend money in order to save time

Millennials want to engage with brands to influence product innovation

Younger cohorts prefer branded products to non-branded alternatives

Malaysians more upbeat about future happiness, finances and freedom

High expectations of more activities shifting to in-person

Younger generations expect to work more in the future

Outlook on more community engagement higher than global average

Consumers are concerned about the future impact of climate change

Generation Z not as concerned about future impact of climate change

All generations highly active keeping in touch with friends/family virtually

Over 40% want to live in area with limited air pollution

Over a quarter of respondents want a multifunctional living space

High preference for takeaway/ready-made food and eating out

Convenience of food delivery curbs desire for home cooking

Millennials and Generation X do not have time to cook

Consumers look for healthy ingredients in the foods they eat

Nutrition label information more important to older generations

To have a job that offers a strong work-life balance is a top priority

Older generations have greater preference for working at home

Earning a high salary top work priority, but job security also favoured

Younger generations want high salaries; older cohorts want job security

Consumers have a strong desire to simplify their lives

Younger generations feel under more pressure to get things done

Regularly keeping in touch online has outpaced in-person socialising

All generations have embraced online get togethers

Shopping is still the most popular monthly leisure activity

Millennials are the most avid leisure shoppers

Nearly 60% run or jog at least once a week

Nearly 40% of millennials ride a bike regularly

Massage is by far the most popular stress reduction activity

Generation X more likely than other generations to use herbal remedies

Consumers are active in their efforts to have a more positive impact

Generation Z feel less positive about their impact on the environment

Consumers actively reducing use of plastics and food waste

All generations are trying to reduce their use of plastics

Donations to charities supporting the environment higher than average

Using sustainable packaging and circular economy priority for baby boomers

Half of consumers share their opinions on social/political issues on media

Baby boomers make purchase decisions based on company/brand ethos

Malaysian consumers focus on shopping for bargains

Baby boomers most enthusiastic about visiting shopping centres

Nearly half of consumers cutting back and only buying necessary items

Millennials more interested in seeking out strong or well-known brands

Consumers still prefer to buy physical goods in-store

All generations purchase food for takeaway or delivery on their phones

Consumers expect to increase their spending on health and wellness

Older generations also intend to spend more on groceries

Low expectation that more everyday activities will be shifting online

All cohorts actively manage their online privacy

Nearly half of consumers interact with companies/brands online

Millennials most actively buy items from social media platforms

More than half of consumers use a mobile banking service every week

Millennials and Gen X more frequent users of in-store mobile payments