Urbanising Population Clouded By Ageing Consumer Base

摘要

BMI View:Over our forecast period to 2050, Australia remains a fairly attractive market demographically owing to its growing population, along with high urbanisation rates and high female labour participation. However, in contrast to its regional peers, Australia faces a smaller and aging consumer base, where the younger population as a percentage of the total population shrinks. Retailers who will benefit most from Australia's ageing population are those associated with the sale and manufacture of health and convenience products.