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 consumer electronics in Singapore is set to return to retail volume growth in 2024, mixed performances are expected across various categories. For instance, portable consumer electronics is expected to see solid single-digit retail volume…
Following a two-year period of decline, the market for consumer electronics in South Korea is expected to see positive growth in retail volume terms in 2024. This will be assisted by an expected fall in the annual rate of inflation, having hit a…
Consumer electronics in Taiwan saw a decline once again in volume terms but some growth in current value terms in 2024, mainly due to a post-pandemic recovery in expenditure on outbound travel in 2023, along with the launch of more AI-initiated…
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 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 volume sales of consumer electronics in Vietnam continue to decline, despite the government releasing figures that the country’s economy showed a robust recovery in 2023 with GDP growth of 5.1%, surpassing the global average growth rate of…
In the context of foodservice by location in 2023, there was a noticeable increase in the proportion of dining within retail, travel, leisure, and lodging locations compared with 2022. The primary reason for this shift was the impact of COVID-related…
Consumer foodservice through standalone experienced a strong rebound in current value terms in Hong Kong in 2023, with growth primarily driven by price increments. As the economy rebounded and consumer confidence returned, foodservice establishments…
In 2023, domestic tourism surged further in India, driven by spiritual experience and short-haul weekend trips, which led both travel and lodging consumer foodservice locations to witness strong consumer demand, seeing double-digit current value…
The Indonesian tourism industry experienced a strong rebound in 2023, and this served to boost the number of transactions made in travel, lodging and leisure locations. According to official sources, more than 11 million international tourists…