Category: Consumer Goods
Asia Consumer Goods
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Air Treatment Products in the Philippines
... reaching 42°C in many regions, resulting in the closing of hundreds of schools in April 2024. The summer heatwave extended from April until June, resulting in people avoiding outdoor activities while having to stay cool ... Read More
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Hosiery in Turkey
... consumers reigning in expenditure. Rising health-awareness in Turkey has made consumers more aware of poor foot hygiene and its link to toenail fungus. Locals are realising this condition can be prevented by changing hosiery frequently ... Read More
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Childrenswear in Turkey
... Turkish parents continued to see a decline in real disposable incomes. As such, consumers prioritised price when shopping for many goods including children’s clothing. Demand remained strong for more affordable mainstream brands, such as those ... Read More
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Apparel and Footwear in Turkey
... devaluation of the Turkish Lira and soaring retail prices. As the economic crisis evolved, price-sensitive consumers were increasingly drawn to more affordable products while the more affluent population continued to opt for luxury brands. With ... Read More
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Vacuum Cleaners in the Philippines
... of growth, but also the strongest absolute growth, as these products are becoming an essential part of urban consumers’ homes, especially in big cities. In 2024, consumers are becoming increasingly busy with activities outside the ... Read More
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Microwaves in the Philippines
... time at home compared to before the COVID-19 crisis, partly as a result of the shift to remote working. Moreover, in the midst of increasingly hectic lifestyles, many are now preparing meals ahead of time ... Read More
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Sportswear in Turkey
... consumers increasingly demand technology that adds value, and manufacturers will increasingly be expected to develop and introduce more technologically advanced products. The rising interest in running is driving demand for performance-oriented sportswear tailored for comfort ... Read More
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Personal Care Appliances in Turkey
... the strong rebound in demand, especially for the dominant hair care appliances category, in the post-Coronavirus (COVID-19) period dampened retail volume growth. The average retail current unit price of all categories of personal care appliances ... Read More
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Air Treatment Products in Turkey
... in 2024. The surge in demand for split air conditioners is attributed to factors like rising temperatures amid global warming and the replacement of older models with energy-efficient variants. Manufacturers like Beko (Arçelik, Beko brands) ... Read More
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Refrigeration Appliances in Turkey
... sales development to exceptionally hot summer days during the main Eid al-Adha holiday, which created a surge in demand for freezers with the heightened need to store meat and for longer. However, the overall growth ... Read More
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Vacuum Cleaners in Turkey
... and further hikes in average retail current unit prices slowed growth rates. Importantly, the steep devaluation of the local currency continued to see higher costs related to imports, raw materials, manufacturing, and distribution. Furthermore, the ... Read More
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Large Cooking Appliances in Turkey
... in anticipation of further price increases. While the 2024 retail volume growth performance was significantly lower than the review period CAGR, it was in keeping with the slowdown in demand following Coronavirus (COVID-19)-induced spikes. Another ... Read More
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Home Laundry Appliances in Turkey
... machines, recorded strong, but much slower growth than automatic dryers, partly because of an already very high household ownership rate. Additionally, the decline in house sales towards the end of the review period restricted the ... Read More
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Dishwashers in Turkey
... upcoming price increases. On the other hand, the slowdown in house sales towards the end of the review period limited growth, with 2023 and 2024 increases below the rates posted in the early-to-mid-review period. Euromonitor ... Read More
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Food Preparation Appliances in Turkey
... people have been experimenting with new recipes and cooking at home more frequently since the Coronavirus (COVID-19) pandemic. Various promotions offered by companies supported the increasing interest in cooking at home, contributing to the category’s ... Read More
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Small Cooking Appliances in Turkey
... healthier and more energy-efficient cooking solutions. The trend towards using minimal oil has been amplified by rising oil prices and heightened awareness of health benefits. Consequently, a surge in new product launches under both local ... Read More
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Consumer Appliances in Turkey
... review period, the industry saw especially fast increases in certain categories. For example, freezers and automatic dryers in major appliances, along with air fryers, stick vacuum cleaners, hair styling appliances and split air conditioners in ... Read More
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Microwaves in Turkey
... image in light of the growing health implications surrounding the use of these appliances. During economic downturns, consumers are likely to postpone purchases of such non-essential goods. Additionally, the rise of alternative cooking devices, such ... Read More
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Personal Luxury in Taiwan
... billion. While retail value sales benefited from inflation, volume increased to reach 7.8 million units in 2024, up from 7.7 million in 2023 and a significant increase from 6.4 million in 2019. Euromonitor International's Personal ... Read More
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Luxury Goods in Taiwan
... and high-end products, focusing on limited edition, customisable, and exclusive items. A resurgence in international leisure tourism and business travel further fuelled this positive growth. The influx of tourists was supported by the opening of ... Read More
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Experiential Luxury in Taiwan
... by 46% to TWD5 billion in 2020. In 2024, figures exceeded the pre-pandemic level of TWD9.2 billion recorded in 2021. Euromonitor International's Experiential Luxury in Taiwan report offers a comprehensive guide to the size and ... Read More
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Premium and Luxury Cars in Taiwan
... these high-end vehicles is closely tied to wealth, with sales performance heavily influenced by consumer confidence within a very affluent demographic. In 2024, Taiwan had over 2,900 ultra-high-net-worth individuals (UHNWIs), 69,000 high-net-worth individuals (HNWIs), and ... Read More
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Asia-pacific Cosmetic Bioactive Ingredients Market Forecast 2025-2032
... is 2024, and the estimated period is between 2025 and 2032. MARKET INSIGHTS The Asia-Pacific cosmetic bioactive ingredients market is experiencing steady growth, driven by a rising consumer preference for natural and sustainable beauty products. ... Read More
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Childrenswear in Taiwan
... number of functional benefits, such as odour-control, anti-UV, cool feel, and moisture-absorption, to target rising demand in outdoor activities. Higher levels of sports and activities is driving functional needs, with the need to adapt to ... Read More
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Empowering Checkout Experiences: A Review of Point-of-Sale Innovations in Asia/Pacific Retail Landscape
... are integrating mobile POS, AI-driven solutions, contactless payments, and data-driven personalization to enhance operational efficiency and customer satisfaction. These advancements are crucial for meeting rising consumer expectations and driving digital transformation in the retail sector. Read More
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