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Asia Pacific

Understand the cultural and socioeconomic influences that shape i...

Understand the cultural and socioeconomic influences that shape industry demand throughout Asia-Pacific, with local insight, market statistics and analysis ranging from strategic regional overview to in-depth coverage by country or city.

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Country Report

Convenience Retailers in Singapore

Feb 2024

The full recovery of convenience stores in Singapore, which dominates value sales and outlet numbers within convenience retailers, has been driven by the resumption of pre-pandemic lifestyles. Consumers have returned to schools and offices, as the…

USD 990
Country Report

Convenience Retailers in Taiwan

Feb 2024

In 2023, convenience stores in Taiwan experienced expansion driven by various factors such as summer travels, festive seasons, typhoons, and back-to-school/work periods, all of which boosted demand for fresh food, coffee, packaged snacks, and…

USD 990
Country Report

Convenience Retailers in Thailand

Feb 2024

Convenience stores in Thailand continued to recover and rise in 2023, with expansion in terms of outlet numbers a major driver. Rapid urbanisation, longer working hours, and declines in average household size boosted demand for smaller-format stores…

USD 990
Country Report

Convenience Retailers in Vietnam

Feb 2024

2023 saw convenience stores in Vietnam continue to expand rapidly in terms of number of outlets, especially into urban areas, as local lifestyles became increasingly busy. Convenience stores resonate with Gen Z consumers and students, gaining…

USD 990
Country Report

Direct Selling in Singapore

Feb 2024

2022 was a strong growth year for direct selling in Singapore, due to the resumption of events and pre-pandemic lifestyles, which made it easier for sales agents to conduct outreach and engagement activities. While the channel recorded a marginal…

USD 1,195
Country Report

Direct Selling in Taiwan

Feb 2024

Direct selling companies in Taiwan are undergoing a significant transformation as they adapt to the evolving retail landscape, with a notable trend being the embrace of digital transformation. Recognising the increasing prominence of e-commerce and…

USD 1,195
Country Report

Direct Selling in Thailand

Feb 2024

Direct selling in Thailand continued to fall in terms of current value sales in 2023, in a persistent decline that began in 2020 and has not let up since. However, the rate of the drop was significantly slower than in the previous year of 2022. The…

USD 1,195
Country Report

Direct Selling in Vietnam

Feb 2024

Direct selling declined in terms of current value sales in Vietnam in 2023, with the drop driven by the continued fall of leading brands Herbalife Nutrition, New Image, and Amway as they struggled in the context of global inflationary pressures.…

USD 1,195
Country Report

General Merchandise Stores in Singapore

Feb 2024

Variety stores in Singapore continued to record solid growth in 2023, driven by the rising cost-of-living pressures, which were a key area of concern for local consumers. Amid a muted economic climate, and rising prices as a result of inflation and…

USD 990
Country Report

General Merchandise Stores in Taiwan

Feb 2024

Following two years of economic downturn, general merchandise stores in Taiwan experienced a remarkable resurgence 2023, witnessing double-digit growth in retail sales. Surpassing the convenience stores channel, general merchandise stores reclaimed…

USD 990
Country Report

General Merchandise Stores in Thailand

Feb 2024

Variety stores in Thailand saw positive though slowed growth in terms of current value sales in 2023. The segment was hit hard by the pandemic and its economic fallout; many local consumers remained reluctant to shop from variety stores as they…

USD 990
Country Report

General Merchandise Stores in Vietnam

Feb 2024

General merchandise stores in Vietnam benefitted from increased inbound tourist flows in 2023, with Vietnam’s tourism industry continuing to rebound post-pandemic and luring millions of international visitors within the year’s first nine months.…

USD 990
Country Report

Health and Beauty Specialists in Singapore

Feb 2024

Similar to other retail channels such as apparel and footwear specialists, beauty specialists in Singapore benefited from the resumption of pre-pandemic lifestyles, such as a return to the office, social activities and international travel. With…

USD 990
Country Report

Health and Beauty Specialists in Taiwan

Feb 2024

After two years of decline, health and beauty specialists in Taiwan experienced a significant resurgence in 2022, a trend that continued into 2023. With the easing of pandemic restrictions and the removal of mask mandates, consumers eagerly returned…

USD 990
Country Report

Health and Beauty Specialists in Thailand

Feb 2024

Retail current value sales in health and beauty specialists in Thailand rose again in 2023, with life returning to pre-pandemic patterns. The channel has so far shown strong recovery from the coronavirus crisis. Beauty specialist retailers such as…

USD 990
Country Report

Health and Beauty Specialists in Vietnam

Feb 2024

Health and beauty specialists recorded a slowdown in terms of expansion of outlet numbers in Vietnam in 2023, with independent retailers in particular struggling in the face of raised rents and increased utility costs. The channel has been undergoing…

USD 990
Country Report

Home Products Specialists in Singapore

Feb 2024

Despite recording a marginal decline in 2023 as demand started to stabilise following the surge during the pandemic and subsequent seclusion, value sales of homewares and home furnishing stores in Singapore remained above 2019 levels. Retail giant…

USD 990
Country Report

Home Products Specialists in Taiwan

Feb 2024

Amidst the backdrop of increased demand for home accessories and furniture during the pandemic, home products specialists in Taiwan witnessed a steady rise in retail sales in 2023. This growth was propelled by the surge in online sales, with homeware…

USD 990
Country Report

Home Products Specialists in Thailand

Feb 2024

Home products specialists in Thailand saw significant expansion in 2023 as big brands continued to roll out new stores, especially upcountry, and to tailor their business models to cater to local demand. Over the review period consumers showed rising…

USD 990
Country Report

Home Products Specialists in Vietnam

Feb 2024

Home products specialists in Vietnam turned in a positive performance in 2023, with current value sales growth rising, though at a slower rate than was recorded in 2022 when the channel rebounded post-pandemic. Continued work-from-home trends have…

USD 990
Country Report

Hypermarkets in Singapore

Feb 2024

With the additional space available in hypermarkets in Singapore, operators have identified an opportunity to incorporate specific services offering greater value in an attempt to improve the in-store shopping experience and make a trip to the store…

USD 1,195
Country Report

Hypermarkets in Taiwan

Feb 2024

During 2023, retail value sales of hypermarkets recorded steady growth, aided by online sales and the expansion of delivery platforms. For example, following its acquisition by PX Mart in 2022, RT Mart underwent marketing integration to optimise…

USD 1,195
Country Report

Hypermarkets in Thailand

Feb 2024

Hypermarkets in Thailand saw current value sales slow in 2023, though growth remained positive. While these stores benefit from selling large volumes, growth is suffering because players focus on targeting customers with medium-to-low purchasing…

USD 1,195
Country Report

Hypermarkets in Vietnam

Feb 2024

Hypermarkets in Vietnam continued to focus on network expansion into tier 1 and tier 2 cities in 2023, in response to higher living standards and modern lifestyles. E-Mart opened three new outlets over 2022-2023. The player has also been actively…

USD 1,195
Country Report

Menstrual Care in Hong Kong, China

Feb 2024

Comfort and functionality continue to be essential considerations for consumers when purchasing menstrual products. Menstrual care products that highlight “instant absorbency” with less leakage are popular among female consumers. These products not…

USD 1,195
Country Report

Nappies/Diapers/Pants in Hong Kong, China

Feb 2024

With the termination of lockdowns and the border reopening in Hong Kong, the nappies/diapers/pants category started to recover in 2023. Demand for nappies/diapers/pants remained tepid, however. The declining birth rate in Hong Kong has led to demand…

USD 1,195
Country Report

Retail Adult Incontinence in Hong Kong, China

Feb 2024

Adult incontinence saw steady growth in both volume and value sales in 2023. The continued ageing of the population in Hong Kong provides a solid customer base for this category, for both retail and AFH adult incontinence products. According to Hong…

USD 1,195
Country Report

Retail E-Commerce in Singapore

Feb 2024

E-commerce in Singapore experienced a marginal decline in value sales in 2023 due to the normalisation of shopping habits. This was expected, given the sharp growth recorded by the channel during the pandemic, when consumers had limited alternatives…

USD 990
Country Report

Retail E-Commerce in Taiwan

Feb 2024

As e-commerce in Taiwan matures, the dynamics of online shopping are undergoing significant shifts, presenting both challenges and opportunities for retailers. Despite experiencing growth in retail value sales in 2023, the pace of expansion has…

USD 990
Country Report

Retail E-Commerce in Thailand

Feb 2024

E-commerce sales in Thailand saw slowed but strong growth in terms of current value in 2023. The channel still accounts for an only small percentage of retail overall, though growth has been rapid and remained robust in 2023. At the same time, there…

USD 990
Country Report

Retail E-Commerce in Vietnam

Feb 2024

In 2023 retail e-commerce in Vietnam continued to see robust rises, recording faster current value sales growth than it did in 2022. Vietnamese consumers are increasingly family with e-commerce marketplaces, drawn to the very frequent offer of a…

USD 990
Country Report

Retail in Singapore

Feb 2024

Retail in Singapore has left the impact of the pandemic behind following the easing of restrictions, and has continued with resilient, albeit slower, growth in 2023. The full-scale resumption of social activities and the reopening of international…

USD 2,450
Country Report

Retail in Taiwan

Feb 2024

Retail in 2023 presented a mixed landscape in Taiwan, marked by economic challenges as the country grappled with a recession in the first quarter. This downturn was primarily attributed to a decline in exports and subdued global demand for…

USD 2,450
Country Report

Retail in Thailand

Feb 2024

Thailand’s retail industry in 2023 continued to evolve and improve, responding to growing demand from consumers with convenience as a key driver. The wholesale and retail sectors, along with the vehicle maintenance and household goods sectors, have…

USD 2,450
Country Report

Retail in Vietnam

Feb 2024

Retail in Vietnam struggled in 2023, facing pressures from inflation and a weakening export market, among other things. Local consumers cut back on spending which negatively impacted several retail categories, including appliances and electronics…

USD 2,450
Country Report

Retail Tissue in Hong Kong, China

Feb 2024

In general, the growth of the category has been driven by unit price increases caused by the rising cost of raw materials. However, manufacturers are reluctant to raise their retail prices significantly, as consumers are sensitive to price increases.…

USD 1,195
Country Report

Small Local Grocers in Singapore

Feb 2024

“Mama shops”, which are small local grocers in Singapore typically located within older and mature residential estates, used to be the cornerstone of grocery retailers in the local market. Such a traditional retail format used to thrive on the…

USD 990
Country Report

Small Local Grocers in Taiwan

Feb 2024

Small local grocers in Taiwan recorded solid growth in value sales in 2023. The country boasts over 300 night markets, housing about 20,000 vendors and merchants, with a majority situated in towns and rural areas. These vibrant hubs represent the…

USD 990
Country Report

Small Local Grocers in Thailand

Feb 2024

Current value sales for traditional small grocers in Thailand continued to rise in 2023, though at a significantly slower rate than in 2022, as the trend towards shopping in small stores close to homes continued. Small local grocers also benefit from…

USD 990
Country Report

Small Local Grocers in Vietnam

Feb 2024

Small local grocers have been finding it increasingly difficult to compete with other retail channels. In 2023 the rapid growth of convenience stores and the persistent rise in e-commerce purchases continued to take their toll on traditional grocery…

USD 990
Country Report

Supermarkets in Singapore

Feb 2024

Despite a marginal value sales decline in 2023, supermarkets in Singapore remained the most popular format of grocery retailers in the local market, with value sales still remaining higher than pre-pandemic levels, and the number of outlets…

USD 1,195
Country Report

Supermarkets in Taiwan

Feb 2024

Supermarkets in Taiwan recorded steady value sales growth in 2023, a year marked by digitalisation efforts as well as an expansion in home delivery services. Uni-President officially acquired Carrefour's business in Taiwan on Nov 14, 2022. This…

USD 1,195
Country Report

Supermarkets in Thailand

Feb 2024

Current value sales continued to rise for supermarkets in Thailand in 2023, at a rate that was significantly faster than that posted in 2022. Supermarket operators in the country tend to target middle- to upper-income consumers, who are somewhat less…

USD 1,195
Country Report

Supermarkets in Vietnam

Feb 2024

Supermarkets in Vietnam saw significant growth in 2023, with notable increases in terms of both current value sales and the number of outlets, driven by the aggressive expansion strategies of key players. Local consumers in suburban and rural areas…

USD 1,195
Country Report

Tissue and Hygiene in Hong Kong, China

Feb 2024

The overall tissue and hygiene market showed stronger signs of recovery in 2023. The Hong Kong government began gradually relaxing the COVID-19-related social restrictions in early 2023. By March 2023, Hong Kong had fully reopened, with the lifting…

USD 2,750
Country Report

Vending in Singapore

Feb 2024

2023 witnessed the full effect of the removal of pandemic-related restrictions concerning social activity and international travel, with vending in Singapore continuing to record strong growth due to greater mobility. The vending format thrives on…

USD 1,195
Country Report

Vending in Taiwan

Feb 2024

In Taiwan, traditional vending machines are giving way to smart vending solutions, leveraging advanced technologies like the Internet of Things (IoT), artificial intelligence, and big data. These smart machines offer more than just snacks and…

USD 1,195
Country Report

Vending in Thailand

Feb 2024

Vending saw current value sales rise in Thailand in 2023. The country has been home to vending machines for over 20 years, but vending has recently gained ground with new brands entering the market and brining in new technology and payment systems.…

USD 1,195
Country Report

Wipes in Hong Kong, China

Feb 2024

Convenience when travelling has become a significant factor in shaping consumer preferences, and one noticeable trend in 2023 was the rising popularity of smaller packaged wipes. These compact and portable wipes have gained popularity among…

USD 1,195
Country Report

Apparel and Footwear Specialists in China

Mar 2024

After a year of significant decline in 2022 due to pandemic restrictions, in 2023 apparel and footwear specialists continued to see a slight fall in current value sales in China, despite the lifting of restrictions. With the end of the pandemic,…

USD 1,195
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