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2 0 1 6 /

Y e a r b o o k /

T a i w a n S p o r t i n g G o o d s M a n u f a c t u r e r s A s s o c i a t i o n

50

5. The impact of the ageing

population

The next decade will see the active population fall as a large

number of baby-boomers retire.

The ageing population will also have an impact on social

protection and public finances.

On the current policies, ageing will lead to considerable

upward pressures on public spending. Gernerally budgetary

deficits of this type could compromise the future equilibrium

of pension and social protection systems. And perhaps even

the potential for economic growth or the functioning of the

single currency.

5.1 Populations projections

2015: Total population 508.224.000 Total over 65: 95.947.000

(18,9%)

2050: Total population 525.528.000 Total over 65: 147.816.000

(28,2%)

5.2 Key figures (EU 28)

- Rate of the population of working age in 2050 (aged 20-64):

52 %

- Rate of the population aged from 15 to 24 in 2050: 19 %

- Rate of the population aged 65 and over in 2050: 29 %

- Dependency ratio in 2050: 50 %

- Fertility rate in 2060: 1.68 children per woman

(replacement threshold 2.1)

- Life expectancy for women in 2060: 89 years

- Life expectancy for men in 2060 : 84.5 years

6. European older people

Segmentation

Market segmentation is the process of dividing

massmarket into groups of consumers that exibit

common or homogeneus buying behaviors.

It should be noted, that the following data are average

values. Keep in mind that Europe has very different

climatic conditions (Northern, Continental, Mediterranean

and South), historical cultures of origins and traditions

(Latin, Anglo-Saxons, Germans, Slavs, etc.), different socio-