Laos

Inflation rose significantly in 2022 meaning the Lao kip exchange rate remained weak compared to other currencies, particularly the dollar and baht, leading to rising consumer costs. This affected household spending, especially among low and middle…

Whilst the business environment is marred by regulatory opacity and hampered by corruption, communist rule has enabled political stability. The economy is forecast to rebound relatively strongly from the Coronavirus (COVD-19) pandemic, but exposure…

Retailing grew steadily in 2021 as the pandemic receded in the second half of the year and lifestyles slowly normalised. However, Laos’ retailing industry remains underdeveloped, with informal retailing dominant especially given the recent drop in…

? In 2022, Laos seems to have bid farewell to the COVID-19 pandemic, with restrictions easing and consumers returning to their pre pandemic routines. However, the country and economy faces a new set of challenges due to the international fuel hikes…

In 2022, hot drinks is recovering well from the impact of the COVID-19 pandemic, with the health and wellness trend driving growth for tea and other hot drinks. Since the pandemic, the health and wellness trend accelerated with many consumers taking…

This report analyses the market for alcoholic drinks in Laos. For the purposes of the study, the market has been defined as follows:

Snacks in 2022: The big picture

Despite government efforts to reduce smoking prevalence, cigarettes remain popular among the country’s large population of low-income men. Despite the struggling economy, consumers are not likely to cut out smoking but instead trade down to lower…

In 2022, the COVID-19 pandemic is well and truly coming to an end, with restrictions easing, consumers returning to their pre pandemic routines and tourism resuming. However, the country its economy now faces a new set of challenges due to…

Rising incomes and urbanisation drove sales of consumer health over the review period, with a widening focus on health and wellness benefiting sales. However, per capita consumption remains low, with most consumers unable to afford these products,…

In general, tissue and hygiene is performing well in 2021, a usage is not yet widespread in most categories, which means there is considerable room for further sales growth. However, in 2020, the COVID-19 pandemic had a generally unfavourable impact…

In 2022, Laos seems to have bid farewell to the COVID-19 pandemic, with restrictions easing and consumers returning to their pre pandemic routines. However, the country and economy faces a new set of challenges due to the international fuel hikes and…

In 2021, beauty and personal care has continued to be impacted by the COVID-19 pandemic in several ways. For example, purchasing patterns within personal care has shifted, with consumers seeking out products with antibacterial qualities. Meanwhile,…

The COVID-19 pandemic has placed some pressure on demand for dairy and alternatives in Laos and in 2022, demand will continue to fall as household incomes decrease. However, the reputation of dairy as a key source of nutrition and the status of baby…

Laos will see only modest gains in 2020. The economy will be limited by COVID-19 containment measures in 2020, but growth will be driven by economic diversification towards agriculture, services and manufacturing. Hydropower will continue to support…

The number of households is set to increase rapidly in Laos over 2021-2040, with couples with children remaining the dominant household type. While household earnings will reach pre-pandemic levels by 2022, the fastest household expenditure growth is…

The report examines the economic landscape of Laos and provides information on major monetary indicators, foreign trade, investments and government finance. The economy in Laos expanded in real terms in 2022, driven by increasing public and private…

Economies that offer an efficient, fast and inexpensive path to starting a business enjoy great dynamism and high FDI intake. A country with a competitive business environment is offering sound transport and ICT infrastructure; an effective juridical…

Insight into income, wealth and expenditure of consumers and households is vital in helping businesses make strategic decisions with regard to which country (or even which region within a country) to enter, which consumer segment to target, which…

Rapid population expansion in Laos in 2021-2040 will be driven solely by positive rates of natural increase. Ageing will accelerate in the future, even though Laos will remain relatively young in a regional context due to its comparatively high birth…