Category: Consumer Goods & Retailing
Asia Consumer Goods & Retailing
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Childrenswear in Japan
... 128 million in 2008, but the number of live births fell below one million in 2016. This decline accelerated in recent years, exacerbated by the COVID-19 pandemic, with live births dropping to around 730,000 in ... Read More
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Footwear in Japan
... of the 2019 figures. However, from 2022 onwards, a rebound began, and with the transition of COVID-19 to a lower risk category in 2023, there was a significant recovery. By 2024, inbound arrivals are expected ... Read More
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Hosiery in Japan
... as the hottest on record since 1898, when records began, creating a lucrative opportunity for hosiery brands that cater to the needs of consumers during heatwaves. Major retailers such as Uniqlo have been releasing cooling ... Read More
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Home Laundry Appliances in China
... despite the persistent challenges in the economy. Within suburban and rural markets, a transition is being witnessed from semi-automatic to fully automatic washing machines, which is expected to drive retail volume decline for the former, ... Read More
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Small Cooking Appliances in China
... weakened demand for new purchases and replacements in mature categories such as rice cookers. The downward trend is also influenced by changes in consumer behaviour. An increasing number of consumers are more inclined to dine ... Read More
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Microwaves in China
... to the competition with small appliances with similar functions, such as air fryers, which are perceived as a more convenient, versatile, and healthy alternative to microwaves in the minds of Chinese consumers. Freestanding microwaves is ... Read More
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Consumer Appliances in China
... This scenario has been shaped by several trends, including diminished consumer demand, deflationary pressures, escalating costs, and a strategic pivot towards international markets. Euromonitor International's Consumer Appliances in China report offers a comprehensive guide to ... Read More
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Air Treatment Products in China
... air treatment products, especially air conditioners. However, a timely initiative by the government – the introduction of a consumer appliance trade-in policy in the latter part of the year – is expected to provide essential ... Read More
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Food Preparation Appliances in China
... in the post-pandemic period. The demand for food preparation appliances is relatively saturated. The continuous rise in consumer foodservice sales indicates that consumers, especially the younger generation, are more likely to dine out or opt ... Read More
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Dishwashers in China
... half of the year. Overall, dishwashers in China is anticipated to grow by 4% to reach 2.5 million units in retail volume terms, showcasing robust market adaptability and increasing consumer acceptance. Built-in dishwashers accounts for ... Read More
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Large Cooking Appliances in China
... expected to see continued slow recovery, with retail volume and current value growth of 2%, although sales will remain lower than seen in 2021. A critical catalyst for the rebound of large cooking appliances in ... Read More
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Personal Care Appliances in China
... shavers. Men’s shavers is the primary segment within body shavers, and has relatively high penetration. In 2023, retail volume sales of men’s shavers saw a slight increase, driven by portable products. However, demand is expected ... Read More
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Refrigeration Appliances in China
... low increase in retail volume terms in 2024, along with a marginally higher growth rate in retail current value terms. However, the performance could have been worse if was not for the launch of appliance ... Read More
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Vacuum Cleaners in China
... cleaners are anticipated to continue experiencing significant double-digit declines in both retail volume and current value terms. This trend is primarily due to a shift in consumer preference towards lighter and more versatile cleaning tools, ... Read More
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Footwear in China
... and the pre-pandemic growth rates, as post-pandemic economic recovery has fallen short of expectations, leading to more cautious consumer spending behaviour. Consumers are increasingly focused on value for money, opting for products of decent quality ... Read More
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Personal Luxury in Indonesia
... a mix of luxury brands and more accessible brands and celebrities which helped redefine brand identities, attract more consumers and boost sales. For example, in designer apparel (ready-to-wear), a partnership between Calvin Klein and actor ... Read More
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Childrenswear in Indonesia
... practicality for their offspring, with activewear made from lightweight, breathable, and stretchy materials in high demand. However, social media and celebrity culture are increasingly influencing purchasing decisions, particularly among millennials who are more accustomed to ... Read More
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Womenswear in China
... to be able to sustain this rapid upward trend in 2024, with the year set to register only low single-digit growth. The primary cause remains the overall sluggishness in consumer markets. In 2024, influenced by ... Read More
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Footwear in Indonesia
... a key element of personal identity, with many consumers selecting styles that reflect their personality and lifestyle. This shift is driven by fashion trends, increased health awareness, and the growth of e-commerce marketplaces, making sneakers ... Read More
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Apparel Accessories in China
... value growth in 2024 than in the previous year. The primary factor limiting growth remains the overall sluggishness of the consumer market. In 2024, global economic pressures and a slowdown in domestic macroeconomic growth have ... Read More
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Experiential Luxury in Indonesia
... countries like Singapore and Malaysia, as well as visitors from Europe. Indonesia is also becoming popular among Koreans. The Ministry of Tourism and Creative Economy is focused on attracting more tourists and improving the country’s ... Read More
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Premium and Luxury Cars in Indonesia
... year. Despite this, sales of premium and luxury cars continued to deliver double-digit growth in current value and retail volume terms in 2024, albeit not reaching the highs of the previous two years. The market's ... Read More
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Sportswear in Indonesia
... sports and fitness, a trend that gained momentum during the COVID-19 pandemic. As more consumers prioritise health and wellness, activities such as running, cycling, and gym workouts have become staples in daily life, particularly in ... Read More
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Jeans in Indonesia
... influenced by fleeting fashion trends, making them a durable wardrobe staple. Consumers often continue to wear their jeans until they wear out or no longer fit. However, there is a notable divide in the market, ... Read More
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Childrenswear in China
... be attributed to China’s underwhelming post-pandemic economic recovery, which has left consumer confidence only partially restored. With heightened uncertainty about the future, Chinese consumers have adopted a more cautious approach to daily spending, resulting in ... Read More
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