Category: Consumer Goods
Asia Consumer Goods
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Japan Sunglasses
... Japanese mafia (yakuza), or villains portrayed in films. Wearing sunglasses is also considered a way to hide facial features, provoking a negative image. However, it is now becoming increasingly popular and accepted by society to ... Read More
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Japan Eyewear
... correction tool, but have expanded to eye care/eye health items that protect the health of the eyes. Under this trend, products with functionality, such as sleep assist and added value claims, are increasing. Wearing sunglasses ... Read More
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Hong Kong, China Baby and Child-Specific Products
... concerns among local parents, and this trend reflects the growing awareness and emphasis on skin health and wellbeing. Children’s skin is more vulnerable, and parents understand the importance of maintaining the delicate balance of their ... Read More
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Hong Kong, China Beauty and Personal Care
... the city with a lifting of all pandemic-related restrictions. As a market that is heavily impacted by tourist spending, the resurgence in inbound tourism, especially from the key source market of mainland China, played a ... Read More
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Hong Kong, China Bath and Shower
... growing desire for a higher quality of life. Nowadays, they are focusing more on everyday body care routines. Today’s consumers are becoming increasingly knowledgeable about skin care and are extending this knowledge to their bathing ... Read More
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Hong Kong, China Deodorants
... driven by the shift towards more active lifestyles following the lifting of social restrictions at the beginning of the year. As consumers started to resume their regular activities and engage in more physical exertion, the ... Read More
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Hong Kong, China Hair Care
... products. With growing awareness of health and wellbeing, there is a shift towards more natural and clean formulations for hair care to reduce potential health risks associated with harmful chemicals. According to Euromonitor International’s Voice ... Read More
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Hong Kong, China Colour Cosmetics
... the recovery of tourist consumption had a positive impact on the category in 2023, recording both double-digit volume and value growth, although sales remained considerably lower than pre-pandemic levels. The return of social occasions among ... Read More
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China Eyewear
... see a slower but solid single-digit current value growth rate in 2024, with spectacles, contact lenses, and sunglasses all expected to show growth. On the one hand, in 2023 most of the pent-up demand due ... Read More
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Thailand Gardening
... spaces became something of a sanctuary for those confined to their homes. Despite the return of consumers to their busier post-pandemic lifestyles, they maintained a strong interest in this pastime, largely due to its known ... Read More
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Singapore Homewares
... cooking. Despite not cooking frequently at home, they exhibit a propensity for acquiring items related to cooking, such as homewares, possibly driven by a sense of preparedness, a penchant for collecting homewares, or aspirations to ... Read More
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Taiwan Video Games
... over inflation amid stagnant payment levels amongst the majority of office workers influenced demand trends. Despite underlying economic pressures, video games continued to see strong retail value (constant 2023 prices) growth. Video games continued to ... Read More
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China Contact Lenses and Solutions
... the one hand, the rapid expansion of sales in recent years has led to the increasing maturity of the category. Consequently, there has been a reduction in the influx of new consumers, resulting in a ... Read More
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Indonesia Home Improvement
... stability, which have supported various industries. In turn, this also supports the ongoing urbanisation trends alongside consumers’ strengthening financial confidence and spending power. Moreso, the Indonesian government's emphasis on infrastructure development further fuels demand for ... Read More
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Singapore Home Improvement
... growth in Singapore, owing to its enduring popularity and the valued benefits it offers to Singaporean homeowners. Renowned for its easy maintenance, wooden flooring is also preferred as it brings warmth, elegance, and natural beauty ... Read More
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Thailand Eyewear
... return to pre-pandemic patterns and habits. The result is increasing optimism in the local market. The return to offices, schools, out-of-home socialising and travel are supporting demand across all eyewear categories – especially in sunglasses. ... Read More
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Thailand Home and Garden
... in the country, thanks to the economic fallout of the COVID-19 pandemic and the war in Ukraine. Given Thailand’ reliance of imports, disruptions to supply chain operations served to increase inflation, as manufacturers passed on ... Read More
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Thailand Homewares
... a particular increase in demand, indicating a rising fascination with authentic Thai cuisine. Thailand is a popular destination for food tourism, attracting visitors from around the world eager to explore its rich culinary heritage. With ... Read More
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Thailand Home Furnishings
... which accounts for the bulk of retail value sales. Towards the end of the review period, the market for indoor furniture witnessed an increased demand for space-saving, multinational designs, reflecting the country's ongoing urbanisation and ... Read More
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Indonesia Home Furnishings
... the country is closely intertwined with Indonesian culture and festivities, thus witnessing a surge in purchases during key seasons such as Ramadan, Chinese New Year, and the Gregorian calendar New Year. In addition to textiles ... Read More
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Azerbaijan Cigarettes
... public places, smoking rates remain stubbornly high, especially among men. As such, smoking prevalence only reduced very slightly in 2024, though due to a growing population, it did not register in a fall in volume ... Read More
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Indonesia Sunglasses
... has slowed following the rapid recovery in the immediate wake of the COVID-19 crisis when it benefited from the full lifting of the pandemic restrictions and consumers’ “revenge traveling”. It is important to note that ... Read More
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Malaysia Sunglasses
... lifestyles. The revival of international air travel has caused an increase in duty-free sales through various airports, including sales of sunglasses. This has been supported by the opening of more duty-free shops, such as Heinemann ... Read More
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The Philippines Eyewear
... context of gradually improving economic conditions, including government efforts to contain inflation, which will encourage consumer spending. The concept of Business Process Outsourcing (BPO), which involves delegating certain business functions, such as customer service, to ... Read More
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Taiwan Traditional Toys and Games
... end of 2022. Many consumers resumed travel and out-of-home socialisation, which limited the time and money spent on traditional toys and games. Moreover, still relatively high inflation amid stagnant payment levels hit spending power. Rising ... Read More