Australia

Despite the stabilisation of decline for a couple of years during the pandemic, concentrates in Australia has experienced a long-term gradual decline in off-trade RTD volume consumption, which is set to recommence in 2023, as the main demographic…

Folding cartons remained the main pack type in boxed assortments packaging, as these products are often associated with luxury in Australia. Boxed assortments containing high-grade chocolate or exotic nuts are generally packaged in folding cartons.…

Consumer appliances has confronted a series of challenges in Australia in 2023, with demand softening due to multifaceted economic factors. Primarily, the weakening macroeconomic conditions within Australia’s property market have had a pronounced…

Loans taken out for education purposes, which include the HECS-HELP loan provided by the government, continues to grow at a moderate rate in 2023. This reflects the high engagement of Australians with tertiary education, both universities and TAFE…

Overall sales of consumer electronics in Australia are stagnating in retail volume terms in 2023, albeit with mixed performances across the different categories. Consumer demand in many categories continued to soften after seeing strong growth during…

The recent rises in inflation and the general cost of living are responsible for reducing how much time many consumers are spending at retail stores. Without high disposable incomes to spend, there is not much incentive for consumers to visit retail…

The rapid growth of inflation and the general cost of living have been major obstacles for growth of consumer foodservice in Australia. Local consumers have been forced to limit their budgets because of the rising cost of essential goods and…

With the ending of lockdowns, border closures, and other COVID-19-related restrictions over the course of 2022, Australia has begun to see a return to normality in 2023, with Australians settling into their new hybrid routines and lifestyles.…

The major talking point of 2023 from a consumer lending point of view has been the increase in interest rates over the year as a result of the RBA (Reserve Bank of Australia) attempting to address high inflation rates. Due to higher interest rates,…

Demand for contact lenses in Australia continues to rise, driven by daily disposable lenses (DD). This format is gaining significant attention from players, resulting in innovation in terms of technology from brands and greater interest from…