The stats that show the dominance of Asian consumers

Asia's growing consumer base will be a force to be reckoned with. Yuming Pan from Allianz GI lays out the statistics that show just how big the investment opportunities will be.

Asia's new consumers are first and foremost young, as well as increasingly wealthy, aspirational and cosmopolitan. The buying habits of this well-educated generation will shape Asian equity markets over the decades to come. It is crucial investors understand the behavioural patterns of these consumers if they want to capture the best investment opportunities Asia has to offer. With increasing wealth and disposable income, industries ranging from luxury products to tourism look set for growth. Smartphone value chain Technology and increasing access to the internet will be the mai...