Households

The number of households is set to increase moderately in Cambodia over 2022-2027, with couples with children remaining the dominant household type. In 2022 household spending was affected by inflation, which stood at 5.3% elevating living costs. The…

The number of households is set to increase moderately in Indonesia, with couples with children remaining the dominant household type by 2027. The fastest household expenditure growth is set to be recorded by couples without children households, yet…

The number of households is set to increase moderately in Laos over 2022-2027, with other remaining the dominant household type. In 2022 household spending was affected by inflation, which stood at 22.8% elevating living costs. The fastest household…

The number of households is set to increase moderately in Kazakhstan over 2022-2027, with other remaining the dominant household type. In 2022 household spending was affected by inflation, which stood at 15% elevating living costs. The fastest…

The number of households is set to increase moderately in Uzbekistan over 2022-2027, with couples with children remaining the dominant household type. In 2022 household spending was affected by inflation, which stood at 10.9% elevating living costs.…

The number of households is set to increase moderately in Singapore over 2022-2027, with couples with children remaining the dominant household type. In 2022, household spending was affected by inflation, which stood at 6.1%, elevating living costs.…

The number of households is set to increase moderately in Turkmenistan over 2022-2027, with couples with children remaining the dominant household type. In 2022 household spending was affected by inflation, which stood at 13% elevating living costs.…

The number of households is set to increase moderately in Hong Kong over 2022-2027, with couples with children remaining the dominant type. In 2022, household spending was notably affected by elevated prices, with a fifth of annual household spending…

The number of households is set to increase moderately in India over 2022-2027, as couples with children remain the dominant household type. The fastest household expenditure growth is set to be recorded by couples without children households, with…

The number of households in the Philippines grew in 2022, with couples with children remaining the leading household type. Disposable income per household is projected to rise in real terms over 2022 and 2027, while the unemployment rate is set to…

Japan is set to witness a slight increase in the number of households between 2022 and 2027, with single-person households remaining the leading household type. In 2022, household spending was impacted by a 2.5% inflation rate, resulting in higher…

The economy in the Philippines grew rapidly in 2022 and urbanization as well as consumer income are forecast to grow. The average number of children per household is expected to decline, while smaller homes remain popular but larger properties show…

Consumers are facing increased pressure from rising prices as global inflation reaches 7% in 2023. The impact of higher costs of living is felt from top earners in developed markets to struggling households in emerging and developing countries.…

Ageing, urbanisation and generational shifts shape China's demographic landscape. The number of seniors is projected to witness a substantial increase by 2040 while life expectancy grows and birth rates remain at all-time lows. Being the largest…

Cities are hubs for spending, with 80% of expenditure expected to be generated by urban areas in 2023. Spending growth in 2023 will, however, be sluggish, as cost of living challenges force consumers to be more conservative in their expenditure. Over…

China is projected to experience a moderate increase in the number of households between 2022 and 2027, with single-person households becoming the leading type. Household heads are expected primarily to be older males, aged 60+ years, with secondary…

South Korea has witnessed population decline over the recent years, as number of childless households continue to increase. Generation X, aged 60-75 in 2040, will continue to hold its position as the most influential consumer segment. Older cohorts…

South Korea is expected to experience a moderate increase in the number of households over 2022-2027, with single-person households continuing to dominate. In 2022, household spending was impacted by a 5.1% inflation rate, leading to higher living…

Global consumers are struggling with the cost of living crisis, as inflation remains high while household income growth lags. Consumers are adopting recessionary habits, such as trading down and being more selective in their spending. Rather than…

Households in Asia Pacific are experiencing major structural transformation. The growth in urban concentrated households is resulting in changing consumption patterns, while lifestyle changes are resulting in changing household compositions from…