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.
Consumer appliances is set to see modest retail volume growth in Hong Kong in 2023, due to the removal of pandemic restrictions and subsequent economic growth. Certain categories, such as air treatment products, and in particular refrigeration…
2022 witnessed a mid-single-digit decline in retail volume sales of consumer appliances due to the resurgence of COVID-19, and it is expected that the retail volume decline will continue, although at a slower rate, in 2023. 2023 has seen consumer…
Asian Pacific economies were hard hit by COVID-19, leading to setback in construction activities in the first half of 2020. Robust Chinese recovery, however, boosted construction output in the second half of the year. Heavy infrastructure…
Although growth slowed in 2022, it was still positive in sugar confectionery, which dominates overall confectionery packaging in Vietnam, with products such as candies and sweets remaining highly popular among Vietnamese consumers of all ages. These…
Flexible plastic continues to be the dominant pack type used in overall confectionery packaging. Flexible plastic is by far the most widely used pack type across chocolate confectionery, gum and sugar confectionery – and this applies to both imported…
Total confectionery packaging volumes in Thailand continued to rise in 2023, approaching the pre-pandemic level of unit volumes. In 2023, flexible plastic remained the dominant pack type for confectionery packaging, and continued to see a rising…
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…
Flexible plastic was the leading pack type in confectionery packaging, for both chocolate confectionery and sugar confectionery in Singapore in 2023, due to its practicality and adaptability. Flexible plastic packaging offers excellent product…
Flexible plastic is a dominant pack type in confectionery due to cost-effectiveness, product protection and consumer convenience. Flexible plastic offers a significant cost advantage for producers compared to alternative packaging materials. This…
Total confectionery packaging volumes in Japan saw a decline in 2023. Although turning to decline in 2023, flexible plastic continued to account for the highest packaging volumes in confectionery in 2023. This is primarily driven by its versatility,…
Flexible plastic is the dominant pack type used for chocolate pouches and bags due to its practicality and convenience, with this expected to remain the case over the forecast period. Containers made from flexible plastic in this category are…
Flexible plastic accounted for the highest share of packaging volumes in countlines in 2023, and gained share of overall packaging volumes in this category. The rising popularity of this pack type is due to its versatility, convenience, and…
Flexible plastic is the leading pack type used in confectionery packaging in Hong Kong due to its versatile properties. This type of packaging is pliable and can easily adapt to different shapes. Other advantages of flexible plastic packaging include…
In 2023, flexible plastic packaging continued to dominate confectionery packaging in China in unit volume terms. This was due to its lightweight and flexible nature, which offers convenience in handling and transportation. It is also ideal for…
Although Vietnamese government managed to control inflation in 2023, price hikes and economic challenges nonetheless continued to constrain consumer expenditure. These economic pressures have had a mixed impact on sales of concentrates in 2023. On…