Category: Consumer Goods
Asia Consumer Goods
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India Spectacles
... in 2024, reflecting a mature environment with sustained but slower growth. Notably, spectacle lenses remains the primary revenue driver within the category, followed by frames. The increasing prevalence of digital devices is propelling demand for ... Read More
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Malaysia Home and Garden
... value sales. A surge in home renovation projects, fuelled by increased time spent at home following the pandemic, further drove demand for home and garden products. Moreover, the growing DIY culture, popularised through social media ... Read More
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Malaysia Home Furnishings
... trend that developed during the pandemic, the shift towards remote working has led individuals to spend more time in their homes, thereby boosting sales of home office furniture as consumers looked to upgrade their home ... Read More
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South Korea Cigarettes
... Whilst cigarettes experienced a negative performance in 2023, the fact that the overall tobacco industry showed low current value growth in 2023 suggests that a significant transition to substitutes for cigarettes played a major role ... Read More
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Hong Kong, China Sunglasses
... of the importance of wearing sunglasses while outdoors. In addition, consumers not only wear sunglasses for the purpose of protecting their eyes from the sun’s UV rays, but also as a fashion accessory to match ... Read More
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India Sunglasses
... as the growing popularity of sunglasses for fashion reasons. The strong growth trajectory of sunglasses, which began in 2022 and continued in 2023, is showing a similar trend moving into 2024. Euromonitor International's Sunglasses in ... Read More
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India Contact Lenses and Solutions
... awareness amongst consumers regarding the usage and benefits of contact lenses. Brands are actively engaging with consumers through influencers on social media platforms to educate them about the proper usage of and care for contact ... Read More
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Singapore Cigars, Cigarillos and Smoking Tobacco
... was due to increased footfall to Singapore’s casinos, due to heightened restrictions in Macau, relaxed restrictions on Singapore’s nightlife businesses, and the relaxation of pandemic-related rules regarding international visitors. However, in 2023, Macau saw a ... Read More
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The Philippines Gardening
... plants, which has influenced consumer behaviour significantly. Firstly, pressing issues such as climate change and biodiversity conservation have spurred a cultural shift towards embracing sustainable practices. This shift has elevated potted plants to symbols of ... Read More
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Hong Kong, China Eyewear
... value and volume sales in Hong Kong had fully recovered to 2019 levels in the first quarter of 2024. Eyewear in the local market is also experiencing growth opportunities due to the rising rate of ... Read More
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Hong Kong, China Spectacles
... trend called “reverse shopping” has gained momentum among local residents. Reverse shopping refers to a phenomenon that entails Hong Kong’s residents travelling to the Greater Bay Area, such as Shenzhen, Guangzhou, and Zhuhai, in search ... Read More
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South Korea Tobacco
... significant difference in actual sales compared with 2022. Euromonitor International's Tobacco in South Korea report offers a comprehensive guide to the size and shape of the market at a national level. It provides the latest ... Read More
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The Philippines Home Improvement
... sector directly fuelled demand for home paint, as new construction projects and property developments created a surge in the need for interior and exterior decoration. Concurrently, increased disposable income and spending power empowered consumers to ... Read More
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Malaysia Homewares
... other homewares to enhance the visual appeal of their homes. This trend was driven by social media platforms such as Facebook and Instagram where individuals and influencers showcase beautiful homewares, inspiring Malaysians to invest in ... Read More
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Taiwan Home and Garden
... rate was relatively low compared to other markets in the Asia Pacific region, such as Singapore, spiralling food and energy prices, exacerbated by supply chain disruptions arising from the war in Ukraine, placed a squeeze ... Read More
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Hong Kong, China Contact Lenses and Solutions
... local consumers since the pandemic. Daily disposable lenses do not require cleansing or disinfection, as a fresh pair is used each day, while this option is also perceived as a more convenient and hygienic choice ... Read More
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China Cigars, Cigarillos and Smoking Tobacco
... aligns better with consumers’ busy lifestyles and work rhythms. However, in recent years, with the gradual improvement of consumer awareness and the recovery of consumption scenarios, cigars – being high quality, culturally rich, and capable ... Read More
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China Tobacco
... current value sales, driven by steady consumer demand and the increasing penetration of premium brands. Whilst cigars and cigarillos remained a niche category in China, with relatively low penetration, it witnessed steady growth in retail ... Read More
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China Smokeless Tobacco, E-Vapour Products and Heated Tobacco
... to the enforcement of “requirements of the Measures for the Administration of E-cigarettes” (Announcement No.1 [2022], STMA), and the new National Standards for electronic cigarettes (GB 41700-2022), which banned all flavoured e-vapour products, which had ... Read More
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Japan Cigars, Cigarillos and Smoking Tobacco
... was the peak of volume sales, sales in 2023 were close to a quarter. Euromonitor International's Cigars, Cigarillos and Smoking Tobacco in Japan report offers a comprehensive guide to the size and shape of the ... Read More
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Japan Smokeless Tobacco, E-Vapour Products and Heated Tobacco
... option compared with cigarettes, and the weaker smell of these products compared with cigarettes is also preferred, driving a continued shift from cigarettes to heated tobacco. Euromonitor International's Smokeless Tobacco, E-Vapour Products and Heated Tobacco ... Read More
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Japan Tobacco
... infectious disease. The new level is the same class as seasonal influenza, and this made consumers less afraid to go out. Face masks were no longer considered a necessity whenever outside of the house, or ... Read More
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China Cigarettes
... stable. With the implementation of the new National Standard on Electronic Cigarettes in October 2022, some consumers of e-cigarettes switched to regular cigarettes in pursuit of a wider variety of flavours, such as burst beads ... Read More
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Japan Cigarettes
... of value sales; however, the decreasing population, the health trend, and regulations on areas where people are permitted to smoke have been putting downwards pressure on sales of cigarettes. Euromonitor International's Cigarettes in Japan report ... Read More
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South Korea Homewares
... far above the pre-pandemic level. Dinnerware continued to see falling sales in South Korea, and in addition to normalisation, this was primarily due to changing consumer lifestyles and preferences. The increasing popularity of dining out, ... Read More
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