Category: Consumer Goods
Asia Consumer Goods
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Jewellery in Turkey
... jewellery registered a weaker performance compared to women’s due to higher levels of price-sensitivity amongst men. The propensity to go shopping amongst men has been hit hard by the weak macroeconomic conditions and political uncertainty. ... Read More
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Writing Instruments in Taiwan
... pens, with business environments increasingly moving away from paper-based processes. As such, pens are primarily used for specific, formal occasions, as the need for writing and recording information is increasingly fulfilled by electronic devices. This ... Read More
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Traditional and Connected Watches in Taiwan
... for connected watches, supported by the demand for a healthier lifestyle. Connected watches have also launched advanced and targeted applications, supporting growth. For example, there are applications tarting outdoor enthusiasts, such as hikers and golfers, ... Read More
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Personal Accessories in Taiwan
... travel-related products such as luggage and bags, consumers were spending a larger portion of their disposable income on leisure activities outside the home. This shift had a noticeable impact on certain sectors, particularly challenging young ... Read More
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Bags and Luggage in Taiwan
... and by July 2024, the number of outbound trips had almost reached 10 million, while inbound tourism remained less than half of this, with over 4.3 million visitors. Euromonitor International's Bags and Luggagein Taiwan report ... Read More
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Writing Instruments in Turkey
... for items used in educational settings. Private label was a standout performer in this context as they are cheaper and deemed to be just as effective as other branded products. Affordable prices were important due ... Read More
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Bags and Luggage in Turkey
... its store network in Turkey from 88 to 100 at the end of 2025. The retailer had begun to expand its store sizes from 150-200 square meters to 350-400 square meters in its newly opened ... Read More
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Personal Accessories in Turkey
... consumers were increasingly drawn to more affordable personal accessories, whilst the affluent population and those less affected by the economic downturn continued to opt for luxury brands. In Turkey, sales of bags, watches and jewellery ... Read More
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Writing Instruments in the Philippines
... the rate of volume growth slowed compared to 2021 and 2022, primarily due to the increasing integration of hybrid digital and offline set-ups in schools and workplaces post-pandemic. Additionally, government efforts to provide digital tools, ... Read More
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Traditional and Connected Watches in Thailand
... local importer and distributor, introduced an array of Frederique Constant collections, including the exclusive Highlife Tourbillon Perpetual Calendar Manufacture, of which only 30 pieces exist globally and just one is available in Thailand. Other notable ... Read More
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Personal Accessories in the Philippines
... urbanisation, with major shopping destinations such as Opus Mall, which made its debut early in the year, driving retail expansion. Additionally, the number of consumers shopping online, particularly in provincial areas, has been expanding, driven ... Read More
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Personal Accessories in Thailand
... to the overall market. However, the personal accessories industry as a whole achieved only single-digit growth. This restrained performance was shaped by a combination of factors, including domestic demand, the resurgence of international tourism and ... Read More
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Bags and Luggage in the Philippines
... has driven a rise in demand for bags, particularly for school and work purposes. This trend is further amplified by the growth of social media platforms like TikTok, where live selling and fit checks - ... Read More
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Jewellery in the Philippines
... result in habitat destruction, water contamination, and elevated carbon emissions, which can harm ecosystems and local communities. As a result, lab-grown diamonds are gaining popularity as a more ethical and environmentally friendly alternative, with lower ... Read More
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Traditional and Connected Watches in the Philippines
... of maximalist watch designs available, minimalist styles remain among the most popular choices for consumers. This preference is largely driven by the high cost of watches, prompting consumers to select versatile pieces that can complement ... Read More
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Writing Instruments in Thailand
... highlighters, which were bolstered by a variety of product innovations. These innovations include acrylic markers designed for diverse art styles, markers available in neon or pastel colour ranges and glittering watercolour options. Such developments cater ... Read More
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Bags and Luggage in Thailand
... remains supported by the younger generation’s enthusiasm for all things Korean. This influence has been particularly visible at Siam Discovery, where 15 new Korean-fashion brands, including K-Fashion 82 and the Carlyn pop-up boutique, were introduced. ... Read More
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Jewellery in Thailand
... coupled with high inflation and constrained disposable incomes, significantly impacted consumer behaviour, undermining demand for gold. As a result, fewer consumers opted to wear gold jewellery for aesthetic or status purposes. While the investment potential ... Read More
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Jewellery in Malaysia
... Local consumers have demonstrated a strong appetite for gold jewellery, viewing it not only as a luxury item but also as a sound investment. Various jewellery brands in Malaysia have been leveraging the trend, including ... Read More
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Writing Instruments in Malaysia
... affordable alternatives. This has led to increased demand for value-driven mass writing instruments, which offer functionality at a lower cost. By contrast, premium and luxury brands, such as Parker and Montblanc, have been facing challenges ... Read More
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Personal Accessories in Singapore
... implemented Goods and Services Tax (GST) hike, from 8% to 9%. Despite the additional tax burden, which contributed to the rising cost of living, consumer confidence has been gradually rebounding, encouraging continued investment in personal ... Read More
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Bags and Luggage in Malaysia
... made a notable comeback as a contemporary accessory, featuring a modernised twist on the classic material. The Charles & Keith Bethel denim chain-handle tote bag exemplifies this trend, offering an extra-roomy interior that caters to ... Read More
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Jewellery in Singapore
... hedge against inflation, with many consumers purchasing gold to protect their wealth amid rising living costs and recent tax increases. According to the World Gold Council, Singapore is emerging as a leading hub for gold ... Read More
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Traditional and Connected Watches in Singapore
... increasing shift toward digitalisation. While Swiss watches, renowned for their craftsmanship and heritage, continue to hold appeal, they are increasingly challenged by the rise of sophisticated smart wearables. These digital devices cater to tech-savvy consumers, ... Read More
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Eye Care in India
... are leading to demand for eye care products. As more individuals work and engage in leisure activities on digital devices, the extended exposure to screens has led to a noticeable increase in eye discomfort, including ... Read More
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