The world’s population doubled (from 3 billion to 6 billion) between 1959 and 1999
Current projections suggest that population growth will continue in the twenty-first century, but at a slower pace.
In 2015, the world’s population was 7.3 billion, and it is projected to be 9 billion by 2042 and roughly 9.25 billion by 2050.
By 2050, India is expected to be the most populous nation in the world (approximately 1.69 billion). China (1.4 billion), the United States (439 million), Indonesia (313 million), and Pakistan (276 million) are expected to be the next four most populous countries in 2050.
Firms seeking to find growing markets in which to sell their goods and services want to recognize the market potential that may exist for them in these five nations.
India, China, United States, Indonesia, Pakistan
Firms also want to study changes occurring within the populations of different nations and regions of the world to assess their strategic implications.
Aging populations are a significant problem for countries because of the need for workers and the burden of supporting retirement programs.
In Japan, employees are urged to work longer to overcome need for workers and retirement support problems.
