Asia Pacific

As consumers continue to embrace the health and wellness habits nurtured during the pandemic, there is increasing demand for wearable electronics in Hong Kong, with the latter further penetrating the local market. Demand is being mainly driven by…

Demand for portable players in Hong Kong continues to rise in 2024, albeit at a slower rate compared to the previous year following the removal of pandemic restrictions, which led to more frequent social gatherings and greater mobility outside of the…

Demand for smartphones in Hong Kong was already declining prior to the pandemic, due to saturation in the local market with over a 100% penetration rate. However, as a result of the pandemic, the declines were exacerbated by supply chain challenges…

Retail volume sales of in-car entertainment in Hong Kong continue to drastically decline in 2024, as many local consumers remain unwilling to make aftersales purchases when they are content to rely on the pre-installed technology in their vehicles,…

The demand for digital cameras in Hong Kong continues to slowly decline in 2024, due to a general waning interest among the general population in cameras. Smartphones, smartwatches and even some other smart devices have built-in cameras with image…

Retail volume sales of televisions, which dominate demand for home video in Hong Kong, are growing slowly in 2024 following declines amid market saturation and an uncertain economic situation. Local consumers rushed to purchase televisions during the…

Demand for home audio and cinema in Hong Kong continues to decline in 2024, due to the removal of pandemic and travel restrictions the previous year. The category experienced a marginal reprieve from its review period decline in 2020 when consumers…

Demand for headphones in Hong Kong continues to rise, mainly driven by the ongoing popularity of TWS earbuds, with the latter format dominating sales. Local consumers can choose from a wide range of TWS earbuds with different prices to suit their…

Following several challenging years, demand for consumer electronics in Hong Kong is improving, although retail volume sales remain below pre-pandemic levels overall. This is due to a combination of plateauing growth in several key categories -…

Retail and business volume sales of computers and peripherals in Hong Kong continue to fall in 2024 due to weakening confidence in the economy, forcing many local consumers to prioritise their expenditure. In addition, businesses continue to reduce…

The market for wearable electronics in South Korea will register an improved performance in 2024, following the sharp decline in sales volumes seen in 2023. The latter was largely due to economic uncertainties, which discouraged consumers from…

Overall demand for portable players is expected to increase in South Korea 2024, driven solely by wireless speakers, which accounts for the bulk of retail volume sales. Thess devices offer the flexibility of portable, cable-free listening, and are…

Following a two-year period of decline, the market for mobile phones in South Korea is expected to see positive growth in retail volume terms in 2024. This will be assisted by an expected fall in the annual rate of inflation, which will have a…

The market for in-car entertainment in South Korea is set to see a significant decline in retail volume terms in 2024, continuing the trend established during the review period. In-car navigation systems are being replaced by high-tech,…

Demand for imaging devices has been declining for many years in South Korea, and this trend is expected to continue into 2024. With advances in smartphone technology, there growing consensus that the camera functionalities of smartphones now rival…

Home video in South Korea is expected to post a static performance in overall volume terms in 2024, with OLED TVs being the only devices to witness positive growth. Demand for OLED TVs is being driven by their superior picture quality, characterised…

Home audio and cinema in South Korea will see a modest decline in volume terms in 2024, continuing the trend of the previous two years. Sales are being dampened by a return to busy, pre-pandemic lifestyles and the consequent return of consumers to…

The market for headphones in South Korea will see positive growth in retail volume terms in 2024, in contrast to the declines of the previous two years. TWS earbuds will be the key performance driver, with noise-cancelling features and superior sound…

Following a two-year period of decline, the market for consumer electronics in South Korea is expected to see positive growth in retail volume terms in 2024. This will be assisted by an expected fall in the annual rate of inflation, having hit a…

Following a two-year period of decline, retail volume sales of computers and peripherals in South Korea are expected to see positive growth in 2024. This will be facilitated an expected fall in the annual rate of inflation, which will have a positive…