China

In spite of the small number of consumers, the high net worth market globally is highly profitable for brands and businesses. But it is not an easy market to crack, with brands that have identified HNWIs as a growth opportunity often facing a similar...

The competitive landscape is changing as SMEs are increasing pressure on large well-established businesses compelling them to change their game plan and traditional business models. The question is what are these technological developments, how are ...

As world trade and investment deals become more interconnected in the context of globalisation, no economy is immune to fluctuations in the global economy. Insights into the best growth opportunities and “what if” scenarios are crucial to ...

Guangzhou is an important trading and transportation hub. Its unique package of history, restaurants and commerce events makes the city one of the top destinations to visit all year round. The Great Bay Area strategy brings further optimism and ...

Asia Pacific became the largest information and communications industry in the world in 2017 with a turnover of USD2.2 trillion. The Asian industry is fuelled by rapid adoption of technologies and countries’ overall modernisation, which will further ...

Regional and local brands increasingly fuel global beauty industry growth. The top 10 emerging markets in terms of absolute value growth are projected to contribute 57% of the global absolute market gains through to 2022. Local brands in each of ...

Large populations of those suffering from myopia and presbyopia, favourable demographics and increasing awareness of eye health are the main drivers of steady demand for eyewear in China. The excessive use of electronic devices, such as smartphones, ...

China has been gripped by an astounding rise in myopia, with nearly half the population being afflicted as of 2018. A large number of teenagers with myopia is boosting demand for spectacles. Excessive study hours as well as the use of electronic ...

With turnover of USD1.3 trillion, Asia Pacific is the largest and fastest-expanding education market in the world. While India and Indonesia are set to witness record CAGRs, China is to remain the regional leader in terms of absolute revenue growth. ...

Bags and luggage in China registered stable retail current value growth in 2018 as the boom in tourism continued to drive demand. According to data from the Ministry of Culture and Tourism of the People’s Republic of China, domestic tourist numbers ...

Jewellery in China registered positive retail current value growth in 2018 thanks to the improving economy, which helped to strengthen consumer confidence and encourage purchases of jewellery products for personal or as gifts. In addition, a series ...

Personal accessories registered retail current value growth in 2018, underpinned by macroeconomic recovery in China, which strengthened consumer confidence. Rising disposable income levels encouraged local consumers to trade up to high-end or even ...

Thanks to recovery in the Chinese economy and consumers trading up, demand for high-quality watches increased – exports of Swiss watches to mainland China witnessed a slight rebound over the review period. Many Chinese consumers with improving living...

School-age children is the key consumer group for writing instruments in China – they use writing instruments daily and make regular purchases. More schools embraced paperless digital drawing/writing tools as learning tools, and experimented with ...

After two successive years of volume decline, caused by price rises due to increases in taxation, and stricter enforcement of smoking control in public areas, the downwards trend was reversed in both retail volume and current value terms in 2017. ...

Primarily because of the growing share of low-priced machine-manufactured small cigars and cigarillos, the average unit price decreased in 2017. In China, such products are widely distributed through all tobacco specialists, as they do not require ...

Tobacco in China recovered from two years of decline in 2017, registering a slight increase in volume sales and a stronger increase in current value terms. Whilst still facing challenges such as the residual effect of taxation increases, growing ...

In 2017, although cig-a-likes accounted for less than half of total value sales of vapour products, and was negatively affected by the declining single-use segment, it saw a strong double-digit increase. The vigorous growth of cig-a-likes was driven ...

In the latest in an ongoing series of quarterly briefings looking at major (and some minor) developments in the world of tobacco, we assess the latest performance of the major multinationals, their recent NGP moves, further M&A activities from ...

Most developed economies, notably in the Eurozone and the US, have seen GDP forecasts revised up, contributing to an upgrade in the packaged food forecasts globally. However, packaged food sales may be negatively impacted in China and Mexico under a ...