Category: Consumer Goods & Retailing
Asia Consumer Goods & Retailing
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Large Cooking Appliances in Taiwan
... chosen to invest in outbound travel and experiences instead of home improvements and appliances. Retail volume sales remained in decline over 2024, although the situation has improved year on year. The weak housing market since ... Read More
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Bags and Luggage in Indonesia
... half of 2024 compared to 2023. The main demands came from countries such as Singapore and Malaysia, as well as European destinations. Indonesia also became increasingly popular among Koreans. The return of business travel also ... Read More
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Writing Instruments in Indonesia
... is a mandatory requirement for Indonesian parents to provide stationery supplies, including writing instruments, and these are normally purchased at the start of the new academic year, contributing to a surge in sales during this ... Read More
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Personal Accessories in Indonesia
... incomes to pay for daily needs, millennials, many of whom still lived with their parents, are more likely to have the financial resources to splurge on lifestyle purchases. With this in mind, new product developments ... Read More
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Jewellery in Indonesia
... demand, particularly from Asia. Indonesian jewellery is highly sought after for its unique blend of traditional craftsmanship and modern designs and has gained more global recognition in recent years, with local products capturing internat... Euromonitor ... Read More
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Traditional and Connected Watches in Indonesia
... growth thanks to an ever-widening range of advanced features. Such products are becoming an increasingly popular choice amongst health-conscious Indonesians who wish to monitor metrics such as oxygen saturation, blood pressure, sleep quality and resting ... Read More
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Personal Care Appliances in Singapore
... appliances. The outbreak of COVID-19 caused consumers to pay more attention to their health and hygiene routines, which included an increased focus on oral hygiene. This led to a rapid rise in sales of oral ... Read More
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Microwaves in Singapore
... makes these appliances an ideal choice for those who cannot afford to sacrifice precious counter space. The versatility of microwaves in reheating and cooking a wide range of dishes also further maximises the efficiency of ... Read More
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Microwaves in Vietnam
... in the category was buoyed by players offering more affordable and value for money models, thereby providing more choice for lower-income households. In addition to the economic factor, microwaves gained traction among young, busy professionals ... Read More
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Personal Care Appliances in Vietnam
... sales of oral care appliances and “other” personal care appliances remained negligible, although this could open up new avenues in the category in the short to medium term. The demand for personal care appliances was ... Read More
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Consumer Appliances in Singapore
... in the economy, stagnant wage growth, and high living costs influenced consumer purchasing decisions. In such conditions, some consumers delayed or reconsidered their investments in major appliances. Additionally, some areas of major appliances in Singapore ... Read More
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Large Cooking Appliances in Singapore
... was supported by more stable rates of inflation and signs of improvement in the economy which helped to boost consumer confidence. Built-in large cooking appliances remained the driving force behind the category’s growth with cookers ... Read More
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Home Laundry Appliances in Vietnam
... dominant category, automatic washing machines. On the other hand, automatic washer dryers continued to see an increase in retail volume sales, albeit from a low base. Meanwhile, automatic dryers remained a negligible category at the ... Read More
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Dishwashers in Vietnam
... end of the review period. Indeed, built-in dishwashers posted a moderate increase, from a very low base, although this was insufficient to offset the decline in retail volume sales of freestanding dishwashers. Consumers in Vietnam ... Read More
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Food Preparation Appliances in Vietnam
... climate, consumers were more willing and able to invest in or upgrade their food preparation appliances, which carry lower prices than big-ticket major appliances and take up less room in the kitchen. Euromonitor International's Food ... Read More
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Home Laundry Appliances in Singapore
... 2024. This was supported by an increase in the number of new households, with 19,600 new Build-to-Order (BTO) flats being made available across three stages in 2024. Nonetheless, the property market saw disappointing results with ... Read More
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Refrigeration Appliances in Singapore
... to the launch of Housing and Development Board (HDB) Built-to-Order (BTO) flats and condominiums. When new HDB BTO flats and condominiums are launched, they often come equipped with modern amenities and well-designed kitchen spaces. As ... Read More
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Air Treatment Products in Singapore
... most homes having split air conditioners and cooling fans. With consumers continuing to spend more time working and socialising at home since the pandemic this has also heightened the need for effective climate control products. ... Read More
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Food Preparation Appliances in Singapore
... are now spending less time at home which is leaving less time for meal preparation and cooking. On one hand consumers are looking for greater convenience again, such as quick recipes that do not require ... Read More
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Refrigeration Appliances in Vietnam
... has reached saturation in fridge freezers, offering few growth opportunities, and limiting the need for other types of refrigeration appliances. While the household penetration rates of fridges and freezers remained tiny and negligible, respectively, in ... Read More
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Air Treatment Products in Vietnam
... weather in Vietnam in 2023-2024. At the end of the review period, air treatment products also continued to be spurred by urbanisation and improving standards of living. A wider range of brands offered models with ... Read More
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Consumer Appliances in Vietnam
... a recovery in the economy and overall consumer spending, the demand for big-ticket items was dampened by high penetration, in some cases, budget concerns and the delaying of upgrades. One highlight was the performance of ... Read More
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Dishwashers in Singapore
... 10% in 2024. As lifestyles in Singapore become busier, with both partners in households often engaged in full-time work, the demand for appliances that save time and reduce daily chores has surged. Dishwashers, once considered ... Read More
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Small Cooking Appliances in Singapore
... consumers. Frequent discounting and promotional activities continued to support the category’s overall positive performance. In addition, the completion of new housing projects with young couples and families moving into their new homes remains a primary ... Read More
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Vacuum Cleaners in Singapore
... pandemic which has helped to drive growth. Nonetheless, growth was slower in 2024 than in the previous year. This was in part due to the slowdown in the property market, which reported some of the ... Read More
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