Asia-Pacific

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Article

Growth Opportunities for Consumer Appliances in Asia Pacific

Jason Tjiptadi

Jason Tjiptadi

16 Feb 24

Consumer appliances is expected to grow in 2024 after a slow two years when sales were heavily impacted by inflation. Momentum will carry-on for the next five years, supported by growing middle-income households, a fast-growing economy, and low possession rate. This will be driven by three key forecast drivers: Space, Smart Home, and Sustainability.

Article

2024 Consumer Trends in Asia and the Impact on E-Commerce

Rabia Yasmeen

Rabia Yasmeen

15 Feb 24

Consumers tend to tighten budgets in the face of economic uncertainty and look to get the best value from their everyday purchases. Tech-savvy Asian consumers utilise online shopping platforms for value visibility through price comparisons and online reviews before purchases.

Article

Beyond Tradition: The Blooming Market of Men’s Grooming in Asia

Yang Hu

Yang Hu

31 Jan 24

The evolution of self-care among men, with factors such as societal change and growing interest in skin care and fragrances, is contributing to more male consumers looking beyond the traditional men’s grooming category for beauty and personal care products.

Article

Top-performing Retail Models in China in 2023

Han Hu

Han Hu

24 Jan 24

Leveraging insights from Euromonitor International’s new Passport: E-Commerce system, as well as analysis of consumer demand and behavioural changes, this article delves into two examples of simplified retail models in China: multi-brand food stores in offline retail and upstart digital players in e-commerce.

Article

Tracking Inflation and E-commerce Performance of Adult Incontinence in Japan

Jared Conway

Jared Conway

15 Dec 23

As inflation begins to cool down worldwide due to slower economic growth, stricter monetary policies of banks and supply chain improvements, Japanese consumers are still struggling to deal with the country’s inflationary environment as households are dealing with unfamiliar rises in consumer goods prices while not seeing wages keep pace.

Article

DETERMINANT: A Tale of Body Positivity in Menswear

Lemon Jiang

Lemon Jiang

11 Dec 23

Male consumers in Hong Kong are becoming increasingly fashion-conscious and seek diverse options to express their personal style, thereby driving the future growth of menswear. With greater time spent at home and more casual dress codes, male consumers are prioritising comfort and fit for apparel items.

Article

Growth and Expansion of Pet Dietary Supplements

Sahiba Puri

Sahiba Puri

4 Dec 23

Taking care of a pet is going beyond nutrition and calorific intake. A more holistic approach is being applied in managing a pet’s health with attention being paid to longevity and quality of life. Beyond pet food, it is pet dietary supplements that are enabling pet owners not just to manage health issues but to enhance their pet’s overall health and wellbeing.

Article

Forefront of Innovation: Examining the Six Game-Changing Trends Discussed at the Singapore FinTech Festival 2023

David Zhang

David Zhang

30 Nov 23

The Singapore FinTech Festival (SFF) is one of the world’s leading FinTech conferences, bringing regulators, banks, and FinTechs together for a global dialogue on finance, technology and policy. Euromonitor International identified the six main directions discussed: Embedded Finance, Cross-Border Transactions, Sustainability & Inclusion, Artificial Intelligence, Digital Money, and Digital Assets.

Article

Plant-based in Asia Pacific: What’s Next?

Emil Fazira

Emil Fazira

30 Nov 23

The hype behind plant-based food is being driven by rapid innovation, with a sharp acceleration of product launches driving consumption through curiosity and the attraction to novelty. Price, taste and texture, along with health and nutrition have been the key challenges affecting plant-based products’ success with consumers over the last few years.

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