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.
Growth in savoury snacks current value sales in Azerbaijan in 2024 is expected to be down slightly on 2023, mainly because the rate at which unit prices are rising has slowed thanks to a reduction in inflation. However, with the resultant easing of…
Although it saw a decline in packaging volumes in 2023, PET bottles remained the predominant pack type in sauces, dips and condiments packaging in South Korea in 2023. PET bottles offer convenience and practicality, making them suitable for a wide…
Volume sales continued to be low for RTDs in 2023, and registered only minimal volume growth. Younger adult consumers of legal drinking age are the target audience, and these younger consumers are now more looking for alcoholic drink as an…
Total packaging volumes declined in processed meat and seafood for a second year in South Korea in 2023, although this was a continued normalisation process after the pandemic, and volumes remained higher than in 2019. Chilled processed meat…
Total processed and fruit and vegetables packaging volumes maintained slow, stable growth in 2023. Within frozen processed potatoes, flexible plastic was the only pack type with notable packaging volumes in South Korea in 2023, due to its…
Within plant-based dairy in South Korea, plant-based milk was the only category with notable packaging volumes in 2023, as plant-based yoghurt and cheese are still in their early stages of development. Brick liquid cartons is the preferred pack type…
According to travel data, domestic tourism is expected to show double-digit growth in the number of trips in 2024, given consumers are able to travel to explore different places thanks to faster and more efficient transport systems, and the greater…
In 2024, pet care in India is expected to maintain dynamic retail volume and current value growth, fuelled by the rising pet population, increasing pet humanisation, and easier access to pet food and pet products. Growing awareness of the importance…
Other pet food in India is set to maintain solid retail volume and current value growth in 2024. Fish food is expected to maintain its dominance in other pet food, and also see the strongest growth in this year, thanks to conducive factors such as…
Total meals and soups packaging volumes continued to see a dramatic rise in 2023. Flexible plastic was the leading pack type in meals and soups packaging in South Korea in 2023, used across most categories, as this offers functionality, convenience,…
With a reduction in the rate of inflation helping to boost confidence and disposable incomes among the population, ice cream in Azerbaijan is poised to record an improved result in retail volume growth terms in 2024. Conversely, the easing of pricing…
Retail volume and current value growth rates for gum in Azerbaijan in 2024 are set to be weaker than those recorded in 2023. The slowdown is mainly explained by ongoing inflationary pressures, which are driving up unit prices and making consumers…
Ecosystem partnerships is a critical factor for rapid scaling of leading digital wallets globally. Key usage factors are convenience, enhanced security and wide merchant acceptance. The short term focus includes cross-border transactions and…
Sales of dog food in India are set to continue to surge in retail current value terms in 2024, driven by the ongoing rise in dog adoptions, and the increasing desire to provide packaged food for pets. Historically, leading dog food brands offered a…
Total dairy packaging volumes saw another year of decline in South Korea in 2023, with falling volumes across all the main categories. Although yoghurt and sour milk products also saw a decline in packaging volumes in 2023, it still accounted for the…
Total confectionery packaging volumes increased in South Korea in 2023, seeing a gradual recovery after sales declined during the pandemic. Flexible packaging remained the dominant pack type in chocolate confectionery in 2023, as this offers…
Cider registered very healthy volume growth in in Kazakhstan 2023, as it pays off for local players that recently launched offerings. Up to now, cider has had a small foothold, with varying imported brands from various countries such as Russia,…
While chocolate confectionery in Azerbaijan is poised to record a moderately improved result in current value growth terms in 2024, this is mainly attributable to price hikes imposed to offset elevated inflation linked to the global recovery from the…
Cat food in India is expected to maintain dynamic retail volume and current value growth in 2024. Due to increasing urbanisation, consumers are moving to smaller homes. As a result, they are seeking pets more suitable for limited spaces than dogs,…
Beer in Kazakhstan registered a significant fall in volume sales in 2023, as steep price rises dampened demand. Kazakhstan has strong trade links with Russia and its war in Ukraine is negatively impacting the economy and leading to high inflation.…