Reverse Urbanization - Coronavirus (COVID-19) Consumer Behavior Impact
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Reverse Urbanization - Coronavirus (COVID-19) Consumer Behavior Impact
"Reverse Urbanization - Coronavirus (COVID-19) Consumer Behavior Impact" identifies the structural changes taking place as a result of the COVID-19 pandemic. The public health emergency has challenged the need for offices and workspaces, leading to demand for a "rural renaissance" as people consider alternatives to dense urban living. Attitudes are changing as consumers place a greater emphasis on self-sufficiency, independence, and the local community.
Reverse urbanization is a concept of urban decline in favor of rural living. In light of the COVID-19 pandemic, surges in demand for suburban and rural living have spiked as remote working negates the need for physical office space. As the work-life balance changes, consumption behavior and occasions will also be impacted over the coming years.
Scope
- A significant number of consumers are buying more of certain products than they used to before the pandemic.
- Over three quarters of consumers prefer local products over those imported from overseas.
- In the short to medium term, foodservice will decrease in importance as consumers eat at home. The industry faces many challenges in adapting operations in favor of on-the-go and delivery options.
Reasons to Buy
- Understand the structural changes that are taking place in response to the coronavirus pandemic.
- Gain a broader understanding of how these changes in demand are impacting on FMCG both within and outside your sector.
- Access take-outs to help direct future decision-making towards a "new normal" in the post-COVID-19 world.
"Reverse Urbanization - Coronavirus (COVID-19) Consumer Behavior Impact" identifies the structural changes taking place as a result of the COVID-19 pandemic. The public health emergency has challenged the need for offices and workspaces, leading to demand for a "rural renaissance" as people consider alternatives to dense urban living. Attitudes are changing as consumers place a greater emphasis on self-sufficiency, independence, and the local community.
Reverse urbanization is a concept of urban decline in favor of rural living. In light of the COVID-19 pandemic, surges in demand for suburban and rural living have spiked as remote working negates the need for physical office space. As the work-life balance changes, consumption behavior and occasions will also be impacted over the coming years.
Scope
- A significant number of consumers are buying more of certain products than they used to before the pandemic.
- Over three quarters of consumers prefer local products over those imported from overseas.
- In the short to medium term, foodservice will decrease in importance as consumers eat at home. The industry faces many challenges in adapting operations in favor of on-the-go and delivery options.
Reasons to Buy
- Understand the structural changes that are taking place in response to the coronavirus pandemic.
- Gain a broader understanding of how these changes in demand are impacting on FMCG both within and outside your sector.
- Access take-outs to help direct future decision-making towards a "new normal" in the post-COVID-19 world.
TABLE OF CONTENTS
1.Consumer Behavior Impact: Reverse Urbanization
Introduction
Reverse Urbanization During and After the COVID-19 Pandemic
Key Take-Outs
2.Appendix
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COVID-19 Outbreak-Global Reverse logistics Industry Market Report-Development Trends, Threats, Opportunities and Competitive Landscape in 2020
Reverse logistics is the process of moving goods from final destination and receiving returned products/ materials for proper disposal. Reverse logistics comprises of activities, which includes remanufacturing, redesigning, and refurbishing.The
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