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.
Demand for imaging devices in Vietnam continues to fall as part of a long-term trend and changes in consumer spending habits affecting sales of non-essential electronics. During 2023-2024, the economic downturn forced many local consumers to…
Unlike in some markets, demand for in-car entertainment in Vietnam remains positive, although penetration and growth rates are fairly low. The Vietnam Automobile Manufacturers Association reported a 25% decline in new car sales in 2023 compared to…
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…
Overall demand for smartphones in Vietnam continues to decline following a surge during the pandemic. The fall in sales is being mainly driven by the mid-priced segment, and primarily attributed to reduced demand for phone upgrades and consumers…
Economic freedom is improving and public finances are sound, but corruption remains a key issue impacting democracy. The economy continues to outperform peers, in light of low inflation, but high exposure to commodities presents risks for the…
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…
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…
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, 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.…
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…