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September 21, 2014

Internet Retailing Changing the Packaged Food Landscape

Consumers are shifting a growing portion of their budget to the web. Packaged food has traditionally lagged behind other FMCG products online, but consumer interest in online grocery shopping is growing. Today, the web accounts for 1% of packaged food sales globally. Shelf-stable and high unit price products like baby food and meal replacement perform well online as consumers find it worth their time to shop around for the best price.

Video features Lamine Lahouasnia - Head of Packaged Food Research

September 20, 2014

Media Product Chains Face Challenges in Japan

Brick and mortar media stores have not seen the same rate of decline in Japan that they have seen in other developed markets.  Between 2008-2013, sales in these stores declined only 2% in Japan compared to 8% in North America.  Still, with the increasing digitalisation of media consumption in the youth market, these stores must fight to remain relevant.  Notable new concept stores offer retailtainment or products that can't be downloaded but it remains to be seen whether these stores can broaden their appeal to consumers younger than 50.

Video features Raphael Moreau - Retailing Analyst

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September 19, 2014

Inside India’s High Growth Luxury Market

Fflur_RobertsAnalyst Insight by Fflur Roberts - Head of Luxury Goods

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India’s luxury goods market has been growing by more than US$255 million a year in absolute terms, on a par with the United Arab Emirates and considerably stronger than Singapore and Australia.

All luxury categories witnessed a big rise in demand with double-digit growth across the whole of the 2008-2013 review period. This was fuelled mainly by a mushrooming urban middle class with a penchant for Western brands.

Growth expectations among the world’s biggest luxury goods manufacturers are highly optimistic. This is a country, after all, where as many as one million young adults are entering the job market every month and it offers a potentially unrivalled demographic dividend.

There are, however, growing signs that the wheels are slowing on India’s hitherto unstoppable luxury goods growth surge. The combined effects of a cooling economy, rising prices and lacklustre job creation are causing middle-income consumers in particular to tighten their belts.

Continue reading "Inside India’s High Growth Luxury Market" »

September 18, 2014

Top 5 Manufacturing Economies: What Challenges Are They Facing?

An HodgsonAnalyst Insight by An Hodgson - Income and Expenditure Manager

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Four of the top five countries in terms of total manufacturing production are developed economies, with the exception of China whose impressive manufacturing might was built upon a pool of low-cost labour. Altogether the top five manufacturing countries accounted for 66.0% of global manufacturing output in 2013. Despite their dominance, each of the top five manufacturing powerhouses is facing a set of unique challenges that could change the future global manufacturing landscape. Understanding the challenges facing these top manufacturing economies can help businesses plan strategically as well as identifying long-term opportunities.

Top 5 Countries in Total Manufacturing Production: 2013

Source: Euromonitor International from national statistics/UN/OECD

Continue reading "Top 5 Manufacturing Economies: What Challenges Are They Facing?" »

September 17, 2014

Businesses in Asia Catering to Halal Tourism

With many Asian governments encouraging inbound tourism from the Middle East, businesses in the region are figuring out ways to attract these consumers. Tour operators are organizing packages around Muslim holidays lead by Muslim guides and including visits to mosques in addition to other notable destinations. Local spas, gyms, hospitals, and restaurants are also building new facilities in accordance with Halal requirements.

Video features Emil Fazira Kamari - Research Analyst

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September 14, 2014

Asia Continues to be a Driving Force in Health and Wellness

Diana.cowlandAnalyst Insight by Diana Cowland - Senior Health and Wellness Analyst

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Healthy food and drink is in demand globally, driven by the many individuals who are becoming more aware of their nutrition intake. Such products – particularly those with a functional positioning – are often more expensive than conventional packaged food and beverages. Despite this, global sales were up 3% over 2012-2013 in constant value terms, to reach an impressive US$749.6 billion in 2013, equivalent to 34% of total beverage and packaged food sales globally.

However, it is the emerging markets that are the global engine of growth in health and wellness (HW). Euromonitor International’s HW data shows that in 2013 of the top 10 fastest-growing countries in HW packaged food and HW beverages five and four of them were in Asia Pacific, respectively. While China (inclusive of Hong Kong) led, partly driven by the incredible demand for fortified/functional milk formula, opportunities do not only lie here. Indonesia, Vietnam, Thailand and India are significant growth markets – albeit from a smaller base – with increasing disposable income levels and rising availability of healthier food and drink. In addition, rising health concerns related to dietary intake are also helping to fuel this demand for health and wellness.

Continue reading "Asia Continues to be a Driving Force in Health and Wellness" »

September 11, 2014

The Impact of the Indian Budget on Consumer Goods and Services

Euroindia_Shreyansh.Kocheri_LThumbHosted by Shreyansh Kocheri, Research Analyst

The Union Budget of India for 2014-2015, presented on July 10 has an impact on almost every area of consumer goods and services in the country. Research analysts from Euromonitor International’s office in Bangalore, India respond to the budget in this podcast series.

 

Blog-post-Pic

 Featuring:  Shabori Das - Research Analyst, Ina Dawer, - Senior Research Analyst, Manjunath Reddy - Research Analyst and Priyanshu Rana - Reseach Analyst

Introduction to the Big Indian Budget (mp3)

The Indian Budget's Impact on the Tobacco Market (mp3)

The Indian Budget's Impact on Internet Retailing (mp3)

The Indian Budget's Impact on Consumer Electronics (mp3)

The Indian Budget's Impact on Consumer Finance (mp3

The Indian Budget's Impact on Food and Beverages (mp3)

The Indian Budget's Impact on Travel and Tourism (mp3)

The Indian Budget's Impact on Apparel and Footwear (mp3)

China's Unique Population Structure: 5 Key Facts

China's unique demographic structure is a major challenge to sustainable economic growth. Learn key facts on how the one-child policy is impacting population structure and China's rapidly ageing population in this video.

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Euromonitor to Speak at CosmeTokyo 2014

CosmeTokyo

Event Name: CosmeTokyo

Location: Tokyo Big Sight

Website: http://www.cosmetokyo.jp/en/Home/
Date:  October 20, 2014 - October 22, 2014

Event Description: Japan's LARGEST exhibition specialised in cosmetics

Presentation Topic: Global trend of the cosmetics market: with focus on fast-growing ASEAN market

Presenter Name And Title: Mariko Takemura, Analyst

Presentation Time:  October 22,10:00 – 11:00 am

Presentation Description:  The cosmetics market in ASEAN countries is growing rapidly amid the growing disposable income of consumers. Meanwhile, different trends are observed in the premium cosmetics market and the mass market. In this seminar, Mariko Takemura will explain the movement and updated trends of the cosmetics market.

September 8, 2014

Key Trends in Retailing: Asia Pacific

Euromonitor International analysts present key trends and new findings from their research into the retailing industry in Asia Pacific.

For more information about retailing in Asia Pacific, download Euromonitor and Retail Asia's Top 500 Retailers in Asia Pacific Ranking.

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Recent Posts

Internet Retailing Changing the Packaged Food Landscape

Media Product Chains Face Challenges in Japan

Inside India’s High Growth Luxury Market

Top 5 Manufacturing Economies: What Challenges Are They Facing?

Businesses in Asia Catering to Halal Tourism

Asia Continues to be a Driving Force in Health and Wellness

The Impact of the Indian Budget on Consumer Goods and Services

China's Unique Population Structure: 5 Key Facts

Euromonitor to Speak at CosmeTokyo 2014

Key Trends in Retailing: Asia Pacific