China

Despite economic headwinds in some markets, the toys and games industry continues to see growth globally. However, the continuing adoption of smart devices and digital entertainment at an ever earlier age puts a spotlight on the need for seamless ...

An expanding urban middle class and increasing fashion- and brand-consciousness amongst younger consumers, underpinned by the proliferation of social media information, are helping to drive demand in bags and luggage upmarket. Indeed, ownership of ...

An uncertain global political and economic situation, including trade tensions between China and the US, the expected adjustment to the monetary policies of the European and US central banks, and the uncertainty surrounding the UK’s withdrawal from ...

The Chinese personal accessories market is being heavily influenced by demand trends amongst millennials. Personal accessories plays an important role in younger consumers’ growing interest in self-expression through consumption and visual display. ...

High-end watches saw significant signs of recovery towards the end of the review period, boosted by an increase in imports of Swiss-made watches. An upmarket shift in domestic demand is being supported by a switch from Chinese consumers buying luxury...

Chinese culture has historically placed a strong emphasis on education and the country’s education system is seeing increasing investment. The development goals of the government’s 13th Five-Year Plan include the provision of pre-school education in ...

Contact lenses became increasingly popular amongst younger consumers, particularly millennials, towards the end of the review period. Demand was underpinned by a preference for looks that do not involve glasses and the fact that contact lenses allow ...

The Chinese market is proving broadly favourable to the development of eyewear, with strong growth supported by a wide range of factors. High rates of myopia amongst children and teenagers, linked to pressure on educational attainment and excessive ...

Growth in spectacles is being driven by the rising rate of myopia in China. The country already has a much higher rate of myopia amongst children and teenagers than the global average. This has been attributed to factors such as the pressure on ...

In line with the general move towards design and branding in eyewear, the demand for sunglasses is increasingly being driven by aesthetics and status as well as functionality. Indeed, sunglasses are increasingly perceived as the new face jewellery. ...

Even facing challenges in the shape of the residual effect of rises in taxation, stricter enforcement of smoking control in public areas and increasing health awareness of citizens, cigarettes recorded an overall positive performance with modest ...

Primarily because of a growing share held by low-priced machine-made small cigars and cigarillos, the average unit price of cigars decreased slightly in 2018. In China, such products are widely distributed through any tobacco specialist, as they do ...

Tobacco in China registered positive growth in volume and current value sales in 2018 thanks to new product developments and consumers’ growing interest in premium and mid-priced products, driven by increasing disposable income. However, the market ...

Non-cig-a-like closed systems remained negligible up to 2018, but, in 2018, made up around a quarter of closed vaping systems sold across China, and will record strong growth over the forecast period. This vigorous growth for non-cig-a-like closed ...

China’s real GDP growth is weakenimg gradually amid ongoing trade tensions and global uncertainties. Domestic demand, in particular consumption, has remained robust thanks to steadily rising disposable incomes. Infrastructure investment has picked up...

The Chinese toys and games market saw growth slow significantly in 2018, largely as a result of the suspension of approval for new video games due to a restructuring of government departments and regulatory concerns relating to violence and gambling ...

China remained amongst the world’s fastest-growing major traditional toys and games markets in 2018, with robust growth driven by rising living standards and the ongoing expansion of major multinational manufacturers and retailers, including Lego, ...

Growth slowed in video games software in 2018 due to a natural decline in old games and decreased retail sales of new games, which suffered from the temporary suspension of approval of games licences. China has one of the world’s most stringent ...

Chinese consumers enjoy healthy expansion in their disposable income and expenditure, though the pace of growth is set to slow down on the back of the country’s economic deceleration. A rise in minimum wages helps to slowly narrow the income gap, ...

The pet cat population boomed in China over the review period, more than tripling in size and seeing considerably stronger growth in comparison to the pet dog populations. Similar demographic reasons are supporting growth in the number of pet dogs ...