Demographics and market segmentation

China and India

Jo M. Martins, Farhat Yusuf, Gordon Brooks, David A. Swanson

Research output: Chapter in Book/Report/Conference proceedingChapter

Abstract

China and India are the two most populous countries in the world but have followed different demographic courses. Both countries have experienced substantial expansion of their markets for a range of commodities. However, dissimilar household composition and socioeconomic paths have affected household preferences in the two countries. The paper reviews macro demographic trends that have led to different demographic structures with significant implications for productivity and household purchasing power and discretionary spending in the two countries. It then conducts an examination of household expenditures based on household surveys undertaken in 2005 and assesses similarities and disparities in household preferences for broad categories of goods and services in rural and urban areas, and also for households with varying levels of income. This provides a basis for hypothesis building concerned with market growth for progressive commodities, in view of current demographic structures in the two countries and projected fertility and population growth.
Original languageEnglish
Title of host publicationThe Frontiers of applied demography
EditorsDavid A Swanson
Place of PublicationSwitzerland
PublisherSpringer, Springer Nature
Pages3-19
Number of pages17
ISBN (Electronic)9783319433295
ISBN (Print)9783319433271
DOIs
Publication statusPublished - 2017

Publication series

NameApplied demography series
PublisherSpringer
ISSN (Print)2352-376X

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Keywords

  • income
  • household expenditures
  • discretionary spending
  • demographic trends

Cite this

Martins, J. M., Yusuf, F., Brooks, G., & Swanson, D. A. (2017). Demographics and market segmentation: China and India. In D. A. Swanson (Ed.), The Frontiers of applied demography (pp. 3-19). (Applied demography series). Switzerland: Springer, Springer Nature. https://doi.org/10.1007/978-3-319-43329-5_1