The Global Economic Crisis: The Impact On Consumer Attitudes & Behaviors In India - Market Research Report On Aarkstore Enterprise

Introductionsurvey of Indian respondents establishedCountries and categories covered: India; food and
that 55% either 'strongly' or 'tended' to agree with thenon-alcoholic beverages, alcoholic beverages, personal
statement I believe my country of residence is in acare and household care
recession. However their relative conviction in this beliefHighlights
is lower than the global average (69%). This reflectsIndia's economy has demonstrated comparably higher
the greater optimism and growing financial andresilience in the midst of a worldwide slump and it also
emotional satisfaction among Indians as prosperity hasseems Indian consumers recognize this. They are less
increasedlikely to perceive that their lifestyle has changed in light
Scopeof the economic downturn with just over a quarter
Detailed analysis documenting Indian consumers'(26%) perceiving that their lifestyle has been impacted
'recessionary mindset' and how this influencesby the recession
perceptions about current and future prospectsDespite modernization, traditional Indian values have
Insights highlighting how the economic downturn haspersisted, posing dilemmas for marketers to develop
affected perceived quality of life, emotional wellbeingcreative campaigns that can work within an Indian
and financial security in Indiacultural context
In-depth analysis of Indian shoppers' changing priceFor 70% of Indian shoppers, overall quality of products
sensitivity, value consciousness and attitudes towardssold has a high amount of influence over where people
private label across 4 major FMCG sectorsdo their grocery shopping.