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.
True Wireless Stereo (TWS) earbuds in the Philippines has seen consistent volume growth, with a notable rise in the popularity of more affordable alternatives to premium brands. Brands such as Redmi, RealMe, and Moondrop have introduced…
Headphones in Thailand will see positive growth in volume terms in 2024, continuing the trend of the previous year. These audio devices are rapidly becoming an integral part of daily life in the country, which is known for its thriving musical…
In 2024, headphones in Malaysia is projected to see moderate retail volume growth, mainly due to TWS earbuds, but also wireless headbands, as wireless earphones sees a further steep decline. Importantly, the overall growth performance represents an…
In Indonesia, the demand for headphones has seen a notable increase, driven in large part by the popularity of True Wireless Stereo (TWS) earbuds. Headphones have evolved from being a mere accessory to an integral part of a person’s lifestyle,…
Consumer electronics in the Philippines is experiencing recovery in 2024 as it sees the strongest volume growth since the start of the pandemic. While high inflation and interest rates still affect consumer confidence, many consumers are starting to…
Retail sales of consumer electronics in Thailand are expected to contract at a modest rate in volume terms in 2023, following a more significant decline in the previous year. Despite an anticipated rebound in the domestic economy, assisted by the…
Consumer electronics in Malaysia continues to be affected by inflation at the end of the review period. Indeed, the rate of inflation in 2024 is set to be marginally higher than in 2023, but lower than in 2022. The annual inflation rate for food and…
Consumer electronics is on the brink of a promising rebound in 2024, spurred by a resurgence in Indonesia’s economic activity, which is supporting the rebound in retail volume sales. This revival is heavily influenced by the twin forces of rapid…
Laptops and tablets in the Philippines is poised for significant growth in 2024, largely driven by the increasing integration of technology in the education sector. Amplifying this trend, the Commission on Higher Education (CHED) has been actively…
Retail volume sales of computers and peripherals in Thailand will continue to decline in 2024, albeit at a slower rate than the previous two years. Despite a gradually improving domestic economy, Thais remain wary of splashing out on discretionary…
Retail volume sales of computers and peripherals in Malaysia are expected to fall for a third consecutive year in 2024, following the hikes recorded in 2021. The switch to remote working and schooling, as the Coronavirus (COVID-19) pandemic forced…
Demand for computers and peripherals is witnessing a modest rebound after experiencing a downturn in 2023, with laptops, monitors, and printers emerging as the primary drivers of this growth. Laptops have established themselves as the most dynamic…
Cider/perry saw another year of total volume decline in Singapore in 2023, and the steepest decline within alcoholic drinks. Like the overall alcoholic drinks industry, cider/perry struggled to achieve volume growth amidst the broader alcohol…
In 2023, total volume sales of beer in Singapore saw only minimal growth, mainly due to weaker consumer sentiment amidst the high cost of living. This dampened spending as consumers became increasingly value-driven in their purchasing decisions,…
In 2023, alcoholic drinks in Singapore saw a slight decline in total volume sales. This was mainly due to weaker consumer sentiment amidst the higher cost of living, which dampened spending as consumers became increasingly value-driven in their…
Flexible plastic continued to account for the vast majority of the packaging unit volumes used in the home care industry in the Philippines in 2023. Flexible plastic has also been seeing strong growth as the country has been experiencing high…
The most popular pack type for laundry care products in South Korea is HDPE bottles, leading categories like liquid detergents and laundry aids. HDPE is generally resistant to chemicals, making it an ideal choice for laundry care products, as they…
Although HDPE bottles remain the leading pack type in the category, folding cartons continued to gain share in toilet care in 2023. This growth, which was being seen throughout the review period, is being driven by a combination of consumer…
Demand for wearable electronics in Vietnam continues to rise, although retail volume growth is more modest compared to previous years due to slower demand in the affordable to mid-priced segments, as local consumers become increasingly discerning and…
Overall demand for portable players in Vietnam continues to grow, driven by wireless speakers. These devices appeal to young audio enthusiasts who are eager to improve sound quality or upgrade their current models. They are attracted to features such…