74% of Muslims to Celebrate Ramadan this Year as Usual and Will Spend More, Says International Survey by TGM Research
Dubai, UAE — ( ARAB NEWSWIRE ) — TGM Research, a reputed data and insights company, has just concluded the world's largest Ramadan consumer survey. As per the findings of this survey, 74% of Muslims will observe Ramadan as usual this year, after hiatus of two years because of the pandemic. A festival of reflection and introspection, Ramadan is observed by almost two billion people around the world. Daily fasting, connecting with family and friends, shopping, and gifting are significant parts of Ramadan. To better understand the consumer behaviours for this festivity, TGM Research has just revealed the findings of its Ramadan International Survey 2022. The survey indicates that 74% of Muslims will be back to celebrating Ramadan just like they did before the Covid-19 pandemic and are likely to spend more compared to the last two years. The just-concluded study by TGM Research is the world's largest Ramadan consumer survey with a total sample size of 9878 spread across 18 coun