Helen Roxburgh
Jul 20, 2017

Shattering the over-60 stereotype

Older consumers are a swiftly growing demographic across Asia. Marketers need to wake up to their spending power, and that they are just as dynamic as younger shoppers.

Asia is ageing. By 2050, one in four people in China will be aged over 65. Japan is already the oldest society on earth with a quarter of the population over 65, set to rise to 40 percent by 2060. The Japanese are ageing in such numbers, in fact, that the government has categorised those aged 65 and above as “pre-old”, 75-plus as “old”, and the over-85s as “very old”.

Hong Kong, South Korea and...

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