FInest Domain Dictionary

Demographics

The changing world demographic situation, where the populations of traditional “first world” countries are getting older while the populations in emerging markets are much younger (Figure 6), has significant implications for the focus and type of transport and logistics operations in the future. An aging population requires less long lasting capital goods (washers, dryers, etc.) and more health and leisure time goods. Younger, growing populations require new capital goods, more electronic equipment, more automobiles, etc. In other words, the aging world population means that the growth of transport and logistics activities will decline in old “first world” countries and expand in new and emerging markets.