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April 13, 2015

Consumers in Asia’s Markets of the Future

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Euromonitor’s Markets of the Future reports identify Bangladesh, Cambodia, Laos, Myanmar and Sri Lanka as the region’s next generation of consumer markets. Although consumers in these countries have limited purchasing power, growth is strong and rapid urbanisation, poverty reduction, economic growth and the establishment of modern retailing formats are supporting sales of a wide range of consumer goods. Many big-name brands are well established in specific categories, whilst local brands continue to dominate elsewhere.  

Size versus speed

Bangladesh’s consumer market is by far the largest of the five countries – bigger than the other four combined.  With consumer expenditure of US$139 billion in 2014, Bangladesh is a similar size to Finland. Bangladesh is probably best known for its ready-to-wear garment export sector but its scale and economic prospects mean it has the potential to be a vibrant consumer market in its own right. With per capita spending of only US$880 in 2014, low purchasing power means it is not an easy market for multinationals, but with the country’s most sizeable consumer product categories - packaged food and apparel - achieving sales of US$9,826 million and US$3,354 million respectively in 2013, it offers opportunities for those with the right products and services.

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April 11, 2015

Washoku vs Mediterranean diet: Italians do it well, but Japanese do it even better

Filippo BattainiAnalyst Insight by Filippo Battaini - Research Analyst

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Euromonitor International’s brand new system Nutrition enables users to observe how consumers in different countries compare in terms of nutritional values purchased from packaged food. In mature markets, where packaged food makes up a significant share of people’s overall diet, the exercise is particularly insightful. The comparison of the eight most industrialised countries, the G8, highlights striking differences in calories and other macronutrients purchased from packaged food in these nations.  

Calories purchased from packaged food

Calories-Purchased-by-Country

Source: Euromonitor International

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Rising Female Literacy Standards and Employment Rates in Emerging Markets

In 2014, India and China were home to a combined one third of the world's total female population. Both of these countries are key markets with growth economies but they are at very different stages with respect to female literacy and employment rates. Watch the video for complete insights.

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April 8, 2015

China Banks on Potatoes for Food Security

Simone_BarokeAnalyst Insight by Simone Baroke - Contributing Analyst

The Chinese Government has decided that its people need to eat more potatoes in order ease pressure on the country’s scarce agricultural resources. It is true that fresh potatoes are performing quite well as the leading starchy root in China, but they face a tough battle ahead in their quest to rival the country’s most popular carbohydrate staples. The government may well succeed in turning the potato into the economical choice, but imbuing it with trendiness is another matter.

Potato production lags behind

In early January, China’s Central Government announced that it was to turn potatoes into the country’s fourth most important staple crop after rice, wheat and corn (maize). By 2020 the area allotted to potato cultivation would be doubled to 10 million hectares (100,000 km2). The government’s motivations for this move are safeguarding the country’s vast food security, relieving environmental pressure and helping to release more of its rural farming population from the clutches of poverty.

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April 7, 2015

Diversity Calls for Flexibility in Strategy for Each ASEAN Coffee Market

Hope.LeeAnalyst Insight by Hope Lee - Senior Beverages Analyst

ASEAN’s coffee market is perhaps as complex as its diversity in culture. Multinationals that feel they are missing out on part of China’s growth story, may start setting their sights on The Association of Southeast Asian Nations (ASEAN), which includes Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Vietnam. China’s economic slowdown and market maturity in first-tier cities may also encourage some multinationals to look elsewhere in Asia for further exploration of the full Asian story. However, it should be noted that this is one of the world’s most diverse and competitive regions in terms of market development and consumption habits. The motto of ASEAN is “One Vision, One Identity, One Community”, but, as the long-awaited ASEAN Economic Community comes into effect in 2015, member countries remain divided along the lines of income and consumer expenditure. In 2013, average household spend in Singapore was US$72,198, compared to US$3,100 in Myanmar, while Indonesia stood out as the largest market in absolute terms. With this in mind, investors should not rely on a “one-size-fits-all” strategy. This article uses Singapore and Indonesia as examples to highlight the disparity of growth patterns and the possible factors to consider for local expansion or market entry.

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April 6, 2015

生き残りをかける日本のテレビメーカー

日本のテレビメーカーが海外市場で苦戦しています。各社相次いで海外生産縮小やOEMへの切替を発表しました。 海外市場で経験したシェア低下を国内市場で繰り返さないために、各社はさらなる先端技術を取り入れることで、再び外国メーカーとの差別化戦略に乗り出しています。 ユーロモニターインターナショナルのリサーチアナリスト山口大海が、日本のテレビメーカーの生き残り戦略について解説します。

April 5, 2015

Japanese TV Manufacturers Focusing on Domestic Market

Japanese television manufacturers are struggling in international markets. Some brands are reducing overseas manufacturing while others are switching to OEMs. To combat competition overseas, Japanese manufacturers are choosing to focus on the extremely brand loyal domestic market. Watch the video for complete insights.

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April 4, 2015

The Indian Budget: Impact on the Economy and Businesses

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This podcast discusses some of the key initiatives outlined in India's 2015 budget including the Monetary Policy Committee, Make In India, revitalizing infrastructure investment, and efforts to make the country more business-friendly.  Listen for complete insights.

Podcast features Preeti Bajla - Economy, Finance & Trade Analyst

April 3, 2015

The Indian Budget: Impact on Services

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Indian GDP grew from 5% in 2013 to 5.4% in 2014 in direct response to last year's budget ruling. The government's 2015 budget hopes to maintain this growth. Disappointment with the new budget emerged primarily from the service industries where service taxes increased to 14%. This podcast discusses the impact the budget will have on these industries including foodservice, entertainment and beauty services.  Listen for complete insights.

Shabori DasPodcast features Shabori Das - Senior Research Analyst

April 2, 2015

The Indian Budget: Impact on Manufacturing

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The recently passed budget has evoked mixed reactions from manufacturers operating in India based on changes in excise duties by industry.  This podcast focuses in on the impact of the budget on tobacco and footwear industries and possible strategies manufactures may adopt to combat the resulting lost revenues or to take advantage of their new lowered taxes.  Listen to the podcast for complete insights.

Continue reading "The Indian Budget: Impact on Manufacturing" »

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Recent Posts

Consumers in Asia’s Markets of the Future

Washoku vs Mediterranean diet: Italians do it well, but Japanese do it even better

Rising Female Literacy Standards and Employment Rates in Emerging Markets

China Banks on Potatoes for Food Security

Diversity Calls for Flexibility in Strategy for Each ASEAN Coffee Market

生き残りをかける日本のテレビメーカー

Japanese TV Manufacturers Focusing on Domestic Market

The Indian Budget: Impact on the Economy and Businesses

The Indian Budget: Impact on Services

The Indian Budget: Impact on Manufacturing