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Today's ``Grey Market'' Is Characterised by Consumers That Are Healthier, More Active, and Younger in Outlook than Their Counterparts a Generation Ago.


DUBLIN Dublin, city, Republic of Ireland
Dublin, Irish Baile Átha Cliath, county borough (1991 pop. 915,516), Leinster, capital of the Republic of Ireland, on Dublin Bay at the mouth of the Liffey River.
, Ireland -- Research and Markets (http://www.researchandmarkets.com/reports/c40317) has announced the addition of "Grey Consumer Market Assessment 2006" to their offering.

This new report, focusing on the Grey Consumer Market, was published first in 2004.

It is well known that the UK, like most other developed countries, is experiencing the phenomenon of an ageing population. This is due to a combination of factors including rising life expectancy Life Expectancy

1. The age until which a person is expected to live.

2. The remaining number of years an individual is expected to live, based on IRS issued life expectancy tables.
 and a falling birth rate - and in the UK in particular the effects of the post-war "Baby Boom" are also being felt, as the "population bulge Bulge

A slang term used to describe a rapid advance in prices within the commodities market.

Notes:
A bulge is similar to a rally on equity exchanges.
See also: At The Market, Bear, Break, Bull, Buoyant, Congestion, Rally



Bulge
" which was created after the Second World War enters the older lifestage.

This state of affairs creates both problems and opportunities. In the area of public policy, there have been concerns expressed that the working population may not be able to produce sufficient funds to support the growing retired population; and there may also be increased pressures on health and social services social services
Noun, pl

welfare services provided by local authorities or a state agency for people with particular social needs

social services nplservicios mpl sociales 
.

However, today's "grey market" is characterised by consumers that are healthier, more active, and younger in outlook than their counterparts a generation ago, and as such there are many opportunities for marketers and advertisers who take the trouble to find out what drives this group.

This report contains consumer research findings focusing on this age group, and taken from a variety of sources, including government surveys, the Target Group Index from BMRB BMRB Biological Magnetic Resonance Data Bank
BMRB British Market Research Bureau
BMRB Boston Municipal Research Bureau
BMRB Behavioral Medicine Research Building
, and other previously commissioned research.

It also presents findings from exclusive consumer research from IRN IRN n abbr (= Independent Radio News) → servicio de noticias en las cadenas de radio privadas

IRN n abbr (= Independent Radio News) → agence de presse radiophonique

 Research, and carried out by NEMS n. 1. (Zool.) The ichneumon.  Market Research, which examines the spending habits of 1,003 adults, including 631 aged over 45.

Definition:

For the purposes of this report, Grey Consumers are defined as all adults over the age of 45, and the analysis of the original consumer research has been conducted on this basis. However, some other sources used in the report - for example, government research such as the annual Family Spending Survey - divide consumers at the age of 50.

Companies Mentioned Include:

--Age Concern

--Help the Aged

--Sage Group Ltd

For more information visit http://www.researchandmarkets.com/reports/c40317
COPYRIGHT 2006 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Aug 4, 2006
Words:347
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