SEOUL, South Korea, April 2 (Bernama-BUSINESS WIRE) — Global market research company Euromonitor International unveiled today a new white paper, “Future of the Family,” revealing how the traditional definition of the family is transforming rapidly under evolving socio-economic conditions and how brands should adapt their strategies accordingly.
The report shows that single-person household will record 128 percent growth in 2000-2030, while the total number of household heads aged 60+ will reach 807 million by 2030. Further, the average number of children per home is set to decline worldwide and global population is ageing rapidly.
