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.
The demand for digital cameras in Hong Kong continues to slowly decline in 2024, due to a general waning interest among the general population in cameras. Smartphones, smartwatches and even some other smart devices have built-in cameras with image…
Retail volume sales of in-car entertainment in Hong Kong continue to drastically decline in 2024, as many local consumers remain unwilling to make aftersales purchases when they are content to rely on the pre-installed technology in their vehicles,…
Despite gradually losing share to rigid plastic and flexible packaging, metal food cans remained the leading pack type in meals and soups packaging in Singapore at the end of the review period, primarily due to their ability to preserve the quality…
Demand for smartphones in Hong Kong was already declining prior to the pandemic, due to saturation in the local market with over a 100% penetration rate. However, as a result of the pandemic, the declines were exacerbated by supply chain challenges…
The other dairy category is set to see stabilisation of its retail volume and current value sales in China in 2024, after seeing significant declines in 2023. The previous declines were mainly due to the shift in consumer behaviour following the end…
In 2024, other dairy in Japan is expected to see growth in retail current value terms, due to price rises implemented in 2023, which have continued, although to a lesser extent, in 2024. These price changes were implemented because the production of…
Plant-based milk is expected to remain the only category within plant-based dairy with notable sales in China in 2024. Within plant-based milk, retail volume and current value sales of soy drinks experienced a significant decline in China in 2023,…
In Japan, after plant-based dairy reached its peak of retail volume sales in 2020, it experienced a consistent decline, which intensified from the latter half of 2022 due to rising inflation and the consequent surge in consumer thriftiness. This…
Soy milk is expected to maintain its popularity in Singapore, but it faces increasingly stiff competition from other plant-based milks offering diverse flavours and nutritional benefits. To attract new consumers, introducing innovative flavours and…
Demand for portable players in Hong Kong continues to rise in 2024, albeit at a slower rate compared to the previous year following the removal of pandemic restrictions, which led to more frequent social gatherings and greater mobility outside of the…