Tweet; Based on the latest figures, the Asia-Pacific region accounted for more than half of global e-Commerce sales in 2017, comprising USD 1.365 trillion of the USD 2.352 trillion global turnover. Asia from established markets such as Australia and the United States. In the Asia-Pacific region, for example, the convergence of physical and online shopping experiences has led e-commerce players to acquire brick-and-mortar retailers to expand their consumer reach. Top Five Global Trends That Will Shape The Food Industry In 2021 ADM, a global leader in nutrition and partner to the world’s leading consumer brands, has released its view on the five food and beverage trends… Asia-Pacific is an emerging market. Euromonitor International is the leading provider of strategic market research reports. The Asia-Pacific consumer battery market is expected to grow at a CAGR of more than 4.6% over the period of 2020-2025. 5 Changing Consumer Trends In Asia Pacific And What It Means For Marketers. “Rising consumerism is driving increased plastic waste, which then further threatens biodiversity in the region’s coral reefs. Asia-Pacific has felt the effects of lockdown ahead of Europe and the US. Pearmund's analysis shows an important competition between major actors. APAC Cosmetics Market Overview: The Asia-Pacific Cosmetics Market is expected to garner $126.8 billion by 2020, registering a CAGR of 4.02% during the forecast period, 2015-2020. Florence Chong reports on the malls on the frontline Analysts: Bryan Ma, Kenneth Liew, Peggy Cheung, Tech Onn Ding Learn more Economics, Consumer Spending, Emerging Markets, Asia Pacific (APAC), Asia Pacific (APAC) Economics, Retail & Distribution Deloitte Global Economist Network The Deloitte Global Economist Network is a diverse group of economists that produce relevant, interesting and thought-provoking content for external and internal audiences. Payment & Consumer Trends in Asia and the Pacific. Asia Pacific. This steady growth and increasing activity provide an opportunity to re-evaluate the opportunity in the Asia-Pacific region. Consumer Preferences through Survey Analysis; Asia Pacific Food Service Industry Outlook 2017-2030, has been prepared based on an in-depth market analysis from industry experts. Nielsen, a leading global information & measurement company, provides market research, insights & data about what people watch, listen to & buy. Finding Certainty in Asia Pacific's "New Normal" with Consumer Trends and Top Brands on Social Half a year into the worst pandemic of the decade, Asia Pacific is beginning to find her footing once more . Asia/Pacific* Consumer Devices Spending Behavior and Trends 2020. These are some of the findings of a survey among 16,000 Gen Z consumers from six countries in the Asia-Pacific. … Other highlights from the report include: China became the first market to reach $1 trillion in online retail sales in 2018 and continues to be the largest market, accounting for 82% of Asia Pacific online retail sales. An Agency Founder’s Wish For 2021. We use cookies essential for this site to function well. GROWTH AND OPPORTUNITY IN CONSUMER HEALTH IN ASIA These trends make the Asia-Pacific region ready for entry and expansion: Its health-and- Discover how social listening solutions can chart new trajectories in your business. Asia-Pacific is an emerging market. CONSUMER TRENDS IN WEIGHT MANAGEMENT ASIA PACIFIC: CHALLENGES AND OPPORTUNITIES FOR THE INDUSTRY VITAFOODS ASIA, SEPTEMBER 2014 MINJI KIM … We expect this to double and reach $2 trillion by 2023. Asia Pacific remains the largest region for online retail sales globally. The study highlights current market trends and provides forecast from 2014 to 2020. Euromonitor International is the leading provider of strategic market research reports. Dec 21, 2020. Both premiums and penetration have risen. Data Source: World Bank MLA Citation: Similar Country Ranking; Country Name Billions of US $ ... Payment & Consumer Trends in Asia and the Pacific. It is one of the most diverse and dynamic markets in the cosmetics industry across the world. Global Consumer Luxury Goods Industry Market Trends By Regional Analysis (America, Europe, Asia Pacific, and Middle East & Africa) Growth Opportunity and Industry Forecast 2021-2027 ID: … The MarketWatch News Department was not involved in the creation of this content. The region is the second largest market for cosmetics after Europe. The Asia-Pacific insurance industry is still riding a strong growth spurt, driven by China but also buoyed by positive performance in South Korea. Download Historical Data Save as Image. Asia-Pacific Battery Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026) The market is segmented by Type (Primary and Secondary Battery), Technology (Lead-acid Battery, Lithium-ion Battery, and Other Technologies), Application (Automotive Batteries (HEV, PHEV, EV), Industrial Batteries (Motive, Stationary (Telecom, UPS, Energy Storage Systems (ESS), etc. East Asia & Pacific consumer spending for 2016 was $10,629.19B, a 4.45% increase from 2015. Kartina Rosli Talking Pod. By 2021, the Asia-Pacific market share is predicted to reach USD 3.001 trillion. DOWNLOAD our Report. Consumer Goods Trends in Asia Pacific: A talk with Accenture at ECR Asia 2015 Consumer Goods Trends: Route-to-Market Fabio Vacirca, Senior Managing Director –Products Asia Pacific When we look at the consumer goods sector, this year is a big year in terms of focus on route market. Consumer Trends in Asia and the Pacific 2018 ECOMMPAY ECOMMPAY ECOMMPAY ECOMMPAY ecommpay.com. Finding Certainty in Asia Pacific's "New Normal" with Consumer Trends & Top Brands on Social Asia Pacific is the largest foodservice region in the world, and understandably one of the most appealing expansion targets for international operators.However, the region is also highly diverse, encompassing countries that vary widely in income level, market maturity, demographics, foodservice spending, and dietary preferences. Despite these barriers to adopting the new 5G network, many organizations still predict that Asia Pacific is still going to lead the network adoption. China's post-COVID consumer trends may offer preview of B.C. I think everyone is aware about the challenges of reaching the new Capitalise on its potential by tailoring your expansion strategy to the individual consumer requirements of your targeted territories. Other than that, consumers trends in Asia Pacific uses mobile phone for entertainment which mostly is music streaming. Navigate Asia Pacific's "new normal" with actionable, social insights. Please click "Accept" to help us improve its usefulness with additional cookies. 04 Jul 18. Countries surveyed in the Asia Pacific region include China, Japan, New Zealand, Australia and Singapore. Read our latest research, articles, and reports on the Asia-Pacific region. Generation Z, those born between 1996 and 2012, will make up a quarter of the Asia-Pacific’s population by 2025, the same as millennials (born 1980-1995). We cannot, of course, predict it with certainty, and external shocks might confound any forecast. The biannual survey was conducted online using large nationally representative samples across 23 markets, between 31 January and 19 March 2020. 's own future. The top six sustainable seafood consumer trends in 2020 1 – Concern for climate change dominates The advancement in technologies, the price of consumer goods has witnessed a substantial reduction, making it more accessible to the consumer and increase in disposable income among households in emerging economics and procurement of consumer electronic devices at a … Get To Know Brianna Carney & Kate Ringcodan, CrewBloom Co-Founders. Consumer Trends in Weight Management in Asia Pacific: Challenges and Opportunities for the Industry 1. The report provides an insight into value (USD million) and volume (kg million) of condiments sauce consumption in Asia Pacific. But our understanding of consumer trends to date, coupled with an analysis of the economic and demographic factors that will further shape them in the next decade, serve as a useful lens for contemplating the profile of the Chinese consumer in 2020. Emerging markets in Asia, Africa, Central and Eastern Europe and the