Demographics

  • Four regions, the US, Europe, Japan, and China, make up 70% of the world’s consumption.
  • In 2020 this group was home to 1.47 billion people aged 25-64, the prime demographic. By 2050 there will be 1.2 billion. “That’s an 18% decline in the working age population for the four largest economic regions.
  • The US, as seen in this chart, fares best as it sees this cohort grow. However, at slower rates than before and facing a decline as a proportion of the overall population.
  • As goes population, so does long-term growth.
  • Source.
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