Population aging is not a short-term trend or even a medium-term one. As most countries will continue to age well into the second half of the 21st century, population aging is a permanent trend and marketers will need new models to reach aging consumers.

The potential of China is unmatched. However, marketers must not make assumptions about the demographic makeup of the population based on what they see in other countries, for China is substantially different.

An aging population will completely alter the marketplace for consumer products in the near and distant future. Marketing strategies that account for shifts in household size and demographic make-up will be most successful.

Population growth in the United States is slowing. Projections from the Nielsen Company, the Pew Research Center, and the Census Bureau all agree that year over year population growth will struggle to reach 1% for decades to come.

A likely future for the U.S. in the year 2020 and beyond is a country split between the aging Baby Boom still with substantial political, economic, and social power, and a young, fast-growing multi-cultural population with far less political and economic clout.

Like many industrialized nations, the face of the United States is changing.  An aging population, a declining birth rate combined with growing ethnic diversity will pose new challenges for the economy.  Along with these demographic changes will come shifts in consumer spending, and consumer goods marketers will have to adjust tactics, focus and products if they hope to capitalize on what will be the new reality. 
So what will be different in terms of consumer spending in just 11 years?  A weakened Social Security system and underfunded private pension plans will …

By 2050, the number of people on in the U.S. living to 100 will be nearly 850,000 — 14 times what it is today, according to a new study from Nielsen.
The report looks at issues related to the baby boom and beyond, breaking down the global challenges for marketing to an aging audience. 
A Global Phenomenon
The U.S. is not alone.  During this same period, Japan’s over-65 population will double, while parts of Europe will reach a 1:1 ratio between working-age and pension-able citizens.  Even developing nations will face unprecedented mid-century surges in their elderly: India’s …