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.
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…
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…
Snacks in Azerbaijan is poised to record a moderate slowdown in current value sales growth in 2024, but show a slightly improved performance in retail volume growth terms. This is mainly explained by the gradual easing of inflationary pressures…
Spirits in Kazakhstan registered a fall in volume sales in 2023. Vodka continued to dominate spirits, accounting for nearly 80% of total volume, thus shaping the overall trends in spirits. Despite vodka's traditional significance in Kazakh culture,…
Current value sales growth for sugar confectionery in Azerbaijan in 2024 looks set to be slower than in 2023, mainly because upward pressure on unit prices has eased somewhat thanks to a reduction in the rate of inflation. The latter factor has also…
As is the case with a number of other snacks categories in Azerbaijan, the gradual easing of inflationary pressures means sweet biscuits, snack bars and fruit snacks is set to record a slowdown in current value growth in 2024, but post slightly…
Total sweet spreads packaging volumes maintained growth in South Korea in 2023. Jams and preserves continued to account for the highest packaging volumes, and also saw the highest growth. Glass jars continued to be the dominant packaging for sweet…
Wine in Kazakhstan registered very healthy volume growth in 2023, as the wine culture continued to develop, with consumers becoming more discerning. There was also a wide of range of quality, competitively priced wines available, such as from Georgia…
In 2023, China recorded growth in per capita disposable income, driven by economic expansion, lower unemployment rates and increased labour productivity. However, income inequality remained high, with urban dwellers typically earning more due to…
In 2023, Malaysia ranked eighth among Asia Pacific nations in terms of average gross income. The country’s disposable income levels increased over the year, albeit at a slower pace than in 2022, reflecting the global economic challenges and…
The global labour markets are rapidly evolving, influenced by demographic shifts, technological advancements, changing workforce preferences, and unexpected events. While this transformation impacts costs, productivity and economic growth, it also…
Further strides have been made in tackling corruption, but government integrity has dropped, leading to deteriorating economic freedom. Although economic growth slowed markedly, it remains solid and is leading to jobs creation, helping to control…