China

Home audio and cinema in China is experiencing a downturn in 2023, following a temporary respite observed in 2020 during the pandemic lockdowns. The previous pandemic measures prompted financially affluent Chinese consumers to invest in sophisticated…

In 2023, the LCD TV market in China is poised to experience a decline in both sales value and volume. The demand for LCD TVs has exhibited a softening trend, with consumers expressing diminished intentions to make new purchases of LCD TVs. This shift…

Imaging devices remains in volume declines in 2023. On one hand, the category has gradually recovered from the impacts of chip shortage and supply chain disruptions, as a result of the global pandemic, which have since steadily returned to normal. On…

With advances in technology regarding multi-functional in-vehicle systems, the improvement of industrial policies, and consumers’ increasing demand for in-car entertainment equipment, the penetration of pre-installed in-car entertainment has grown,…

Mobile phones is still struggling to recover from the aftermath of the pandemic impacts in 2023. 2022 marked a historic year when sales for mobile phones in China underwent a double-digit decline in volumes sold, amounting to less than 290 million…

Portable players continues to see weak demand overall and remain in a negative figure slump, albeit volume sales have improved from the steep declines seen in 2022. Overall, the advances in technology seen in multifunctional consumer electronics such…

Wearable electronics is seeing small positive volume sales in 2023. 2022 was a hard year for almost all consumer electronic categories in China, as the government’s tightened pandemic control measures, thus limiting economic activities. Wearable…

The foodservice channel has seen something of rollercoaster in China in recent years. First came a significant decline in 2020, when COVID-19 first hit the country. This was followed by a strong recovery in 2021, when China seemed to have the…

Air travel appears to be experiencing robust momentum in China as regulations have moved away from lengthy pandemic-related restrictions of the past three years, benefiting both domestic and international airlines. Ticket prices could remain…

Booking in China has seen a rapid shift from offline to online sales, as the country has one of the highest internet penetration rates in the world, and local consumers are accustomed to booking travel online. However, 2023 is set to see a temporary…

Mid-market hotels continue to gain share as consumers trade up in terms of spending on accommodation, such as moving away from unrated or budget to mid-market options. This is being driven by increasing awareness of health and safety accelerated by…

Effective from 8 Jan 2023, the Chinese government lifted inbound travel restrictions, such as testing and contact tracing passes, effectively ending the country’s “zero-Covid” policy practiced for the last three years. Subsequently, international…

Travel sales in China are set to strongly rebound in 2023, following the lifting of COVID-19 restrictions in the country and the reopening of the border to inbound arrivals. In terms of domestic tourism, volume is predicted to recover faster than…

The report provides an overview of the global light vehicles industry which includes an assessment of market size, company shares and brand performance. It also identifies the five major trends which are shaping the future of the automotive industry.…

Prolonged COVID-19 caseloads and associated lockdowns continued to be seen in China in 2022. Fears about the pandemic have had a negative effect on birth rates in the country, as strained medical resources grew more concerning. The declining birth…

Packaging unit volume sales in sugar confectionery were rising again in 2022, even if this was at a slightly slower rate than in 2021. This meant that, despite the declines seen in chocolate confectionery and gum, overall unit volumes in…

After dairy returned to recording positive growth in 2021, when COVID-19 seemed to be under control in the country, China saw a return of lockdowns due to the re-emergence of the virus in the shape of the Omicron variant in 2022. This dampened…

The persistence of the COVID-19 pandemic in China in 2022, along with the country’s strict zero-COVID policy kept consumers within their homes for long periods during this year and consequently boosted interest in home cooking. This drove demand for…

In spite of the re-emergence of COVID-19 in 2022, packaging unit volume sales in plant-based dairy continued to grow for a second year, following the significant decline seen in 2020 when the pandemic first emerged, resulting in availability issues…

The Omicron variant of the COVID-19 virus was resulting in case number spikes across China throughout much of 2022, prompting the authorities to enforce strict lockdown measures due to its zero-COVID policy. As consumers were confined to their homes,…