Personalized Health, AR and In-Store Experience Shape Market Trends

  • Consumer expenditure expected to grow at its strongest rate since 2011
  • Global market for personalized health and beauty fuelled by genetic interest
  • AR set to boost online retailing value sales by 3% in 2018
  • In-store shopping experience remains appealing despite online growth

Euromonitor International’s report predicts a strong growth in consumer spending this year, driven by personalized health and beauty products and augmented reality. The global market is expected to soar due to increasing interest in genetic findings and the convenience of online shopping. In-store sales remain popular despite advancements in technology.

Factuality Level: 9
Factuality Justification: The article provides accurate information from a reputable source (Euromonitor International) and discusses relevant topics such as consumer expenditure growth, genetic health and beauty market trends, augmented reality in retailing, and the importance of brand engagement. It also includes quotes from an expert (Alison Angus). However, it could be more concise and focused on the main points without unnecessary details.
Noise Level: 3
Noise Justification: The article provides relevant information about consumer trends and market predictions for 2018, with a focus on genetic health, AR technology, and online retailing. It also mentions the importance of trust and transparency in these industries. The article stays on topic and supports its claims with data from Euromonitor International’s report. However, it could benefit from more analysis or discussion of long-term trends and potential consequences for consumers.
Financial Relevance: Yes
Financial Markets Impacted: The article discusses the growth of consumer expenditure and its impact on various industries such as health, beauty, genetic testing, AR technology, and e-commerce markets.
Financial Rating Justification: The article talks about market trends and predictions for future growth in different sectors which can have an effect on financial markets and companies operating in those sectors.
Presence Of Extreme Event: No
Nature Of Extreme Event: Other
Impact Rating Of The Extreme Event: No
Extreme Rating Justification: There is no mention of an extreme event in the last 48 hours.

Reported publicly: www.retailsector.co.uk