Consumer Lifestyles in Colombia

June 2024

Consumer Lifestyles offers valuable insights into key consumer attitudes and current thinking, and their impact on purchasing and consumption habits; quantifying behaviours, preferences and motivations, and aligning them with broader trends.

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Overview:

Consumer Lifestyle reports provide detailed snapshorts of the behaviours, attitudes and spending patterns of consumers in 40 countries. 

The Lifestyles reports offer valuable statistics and insights into key consumer traits and values, linking behaviour trends with purchase and consumption habits. Using lifestyles survey data, these reports quantify behaviours, preferences and motivations both now and in the future across specific consumer-related topics relating to how consumers live, shop, work and play in 40 markets. Analysis is also included on how Euromonitor’s 8 focus megatrends, the longer-term shifts in consumer attitudes and behaviour, are playing out in each of the 40 countries. Consumer lifestyles are constantly shifting. Understanding behavioural shifts is vital for businesses to stay competitive and adapt to in order to capitalise on new opportunities.

The Consumer Lifestyle in Colombia report includes:

Lifestyles survey data and analysis on consumer values, behaviour and future expectations on topics such as life priorities, home and work life, ethical and health priorities and eating, leisure and shopping habits and use of technology. Consumer Megatrends covered are: Connected Consumers Ethical Living Experience More Healthy Living Middle Class Retreat Premiumisation Shifting Market Frontiers Shopping Reinvented

The Consumer Lifestyle in Colombia report answers:

  • How is the consumer mindset in Colombia changing? In Colombia, what are consumer attitudes towards “green” and sustainable products?
  • What values influence consumers in Colombia purchase decisions?
  • Where and how do consumers shop in Colombia?
  • What health-related activities do consumers in Colombia participate in?
  • What megatrends should I focus on in Colombia (and why)?
  • How do I prioritize my investment? I operate in country x, which are the most important megatrends in that country?
  • My product chimes with the Healthy Living trend, what consumer behaviours do I need to consider for innovation planning?
Scope
Consumer landscape in Colombia 2024
Personal traits and values
Colombian consumers take health and safety precautions when they leave home
Millennials prioritise time with their partners over time with their children
Baby boomers are more stringent about their health and safety when leaving home
Colombians open to exploring new products and service offerings
Gen Z most optimistic generation in Colombia
Personal traits and values survey highlights
Home life and leisure time
Cleaning and chores top household activities for all generations
Millennials are the most active generation on social media
Gen X seek homes with multifunctional space
Baby boomers most inclined to seek homes in a safe location
Colombian consumers seek to unwind and relax when travelling
Home life and leisure time survey highlights
Eating and dietary habits
Colombian consumers always on the lookout for healthy ingredients in food and beverages
Millennials find cooking time-consuming
Colombians prepare their own meals almost daily, if not weekly
Baby boomers more inclined to avoid fish and meat, but not identify as vegetarian
Colombians are willing to pay more for products with health and nutritional benefits
Eating and dietary habits survey highlights
Working life
Baby boomers seek challenging work that offers a sense of responsibility
Consumers in Colombia want a job that allows for a strong work-life balance
Gen X prioritise job security above all else
Colombians expecting to be able to work from home
Working life survey highlights
Health and wellness
Colombians prefer to engage in less strenuous training, like walking or hiking
Meditation is the most popular stress-reduction measure in Colombia
Health properties are the most influential product feature for Colombian consumers
Millennials use apps to track health or fitness more often than others
Health and wellness survey highlights
Shopping and spending
Consumers in Colombia enjoy searching for and discovering the best deals
Older generations more inclined to window-shop instead of spending money
Gen Z and Gen X buy more gifts for their friends and family than other generations do
Baby boomers make a greater effort to shop in locally-owned stores
Colombians often share/swap items or services
Gen X often seek customer service through social media platforms
Consumers primarily trust friends and family recommendations
Colombians foresee decreased spending on novelty experiences the most
Gen Z depend on monetary assistance provided by loved ones or acquaintances
Shopping and spending survey highlights
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