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.
In 2023, in Malaysia the majority of households were couples with children, but a trend towards smaller families and single-child households was evident. By 2028, this trend is expected to continue, with single person households rising the fastest.…
In 2023, single-person households were the most common in Japan, influenced by societal shifts towards prioritising education and career, and an ageing population. 92.8% of households resided in urban areas, driven. Japan's digital landscape remains…
In 2023, Sri Lanka saw modest growth as rampant inflation hindered any concentrated economic performance. Per capita disposable income experienced growth of less than 1%. Income inequality remained high, as well as the gender income gap, as men had…
South Korea witnessed a 1% real terms increase in per capita disposable income in 2023, with income growth mirroring economic deceleration in the country. However, the country's labour market remained robust, with the unemployment rate standing low.…
In 2023, the Philippines ranked 13th among Asia Pacific countries in terms of average gross income, and saw a 3.7% rise in per capita disposable income over the year. Growth in incomes was supported by a lower unemployment rate and an increase in…
In 2023, growth in real terms per capita disposable income levels was supported by a decrease in unemployment, lower inflationary pressures and high productivity. Income inequality remained a concern, with a significant wage gap between highly…
In 2023, China’s leading household type was couples with children, with a trend evolving towards smaller families, due to urbanisation and improved access to education and healthcare. The number of households is projected to grow by 7.9% over…
In 2023, the majority of Indian households were couples with children, with a shift towards smaller family sizes and a below average birth rate. Over 2023-2028, the number of households is projected to grow by 6.1%, with couples without children…
In 2023, the majority of Indonesian households were couples with children, reflecting traditional family lifestyles. However, a shift towards smaller families and urbanisation was evident, with a falling birth rate and increasing single-person…
In 2023, Pakistan ranked 21st out of 22 Asia Pacific countries in terms of average gross income, with economic deceleration and a decrease in remittance inflows contributing to stagnant disposable income levels growth. During 2023-2028, per capita…