Category: Consumer Goods & Retailing
Asia Consumer Goods & Retailing
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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
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Malaysia Eyewear
... lifestyles. Retailers are leveraging this trend to stimulate sales by offering frequent and regular discounts. At the same time, fast-fashion spectacles packages are becoming more prevalent, with this being driven by value-seeking behaviour. Most optical ... Read More
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Indonesia Homewares
... strong during the era of the pandemic lockdowns and restrictions, which continued through working-from-home arrangements as society started to normalise post-pandemic. Now, even though consumers have returned to busy out-of-home lifestyles and re-embraced foodservice, home-cooking ... Read More
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Singapore Home Furnishings
... in 2023. As living spaces became more compact, residents were compelled to adopt a careful approach to furniture selection, balancing functionality, comfort, and aesthetics within confined quarters. This shift underscores a preference for versatile pieces ... Read More
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China Spectacles
... growth trajectory. In terms of category performances, spectacle lenses is expected to continue leading with double-digit growth, driven by the ongoing trends towards upscale and specialised products. On the other hand, spectacle frames, as complementary ... Read More
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Indonesia Eyewear
... to their older counterparts. These notable differences include a greater emphasis on spending on experience rather than on possessions, though these experiences are then largely commodified in the form of social media content. This is ... Read More
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Thailand Home Improvement
... with the return to busier, pre-pandemic lifestyles, there was a decline in demand for many products within the category. In addition, the property market saw a slowdown in demand during the year, in the context ... Read More
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Indonesia Gardening
... aesthetic and health and wellbeing reasons and, in turn, this helps to support sales of (small) pots and planters, fertilisers, and hand gardening tools. On the other hand, large gardening items (e.g., lawn mowers) are ... Read More
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Thailand Spectacles
... regarded as essential by those who need them, and even when times are tough financially consumers will buy them, with many shifting from contact lenses in order to save money. Euromonitor International's Spectacles in Thailand ... Read More
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Singapore Gardening
... due to the emergence of gardening as a attractive hobby, particularly amongst the elderly, and passionate younger individuals. This trend reflects traditional practices and modern eco-consciousness, fostering intergenerational connections and a bond with nature in ... Read More
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Malaysia Contact Lenses and Solutions
... demand. In the immediate aftermath of the pandemic, local consumers were gravitating towards frequent replacement lenses, motivated by high price-sensitivity and they sought to economise and focus their reduced purchasing power on essential products, such ... Read More
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Taiwan Toys and Games
... reopened its national border near the end of 2022. Many consumers socialised outside the home in Taiwan and/or resumed outbound travel. This inevitably resulted in less money invested in traditional toys and games, especially compared ... Read More
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Thailand Contact Lenses and Solutions
... be classified into three groups. First, those with eye problems who are looking for clear, classic-style lenses for everyday use. These consumers will also seek out more stylish options for special occasions, and the group ... Read More
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Thailand Sunglasses
... independent retailers are investing in expansion and renovation. Gentle Monster opened its first Thailand store at The EmQuatier in Bangkok. This 340sqm flagship store boasts unique décor and design and houses several popular and limited ... Read More
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Singapore Home and Garden
... These challenges contributed to a deceleration in the country’s economic development, exacerbated by tightening monetary policy and ongoing economic uncertainties. Government revenues decreased, while public expenditure saw a notable decline, reflecting the broader economic downturn. ... Read More
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