Malaysia

Malaysian incomes are set to double by 2040, supported by steady economic growth and near-full employment, with present day post-millennials shaping the development of the local premium goods and services segment. However, rising costs associated ...

The introduction of e-hailing services offering affordable prices was already putting downwards pressure on car rental demand before 2019. Furthermore, the car rental industry has also been severely affected by the COVID-19 pandemic and severe drop ...

Malaysia has seen a massive drop in inbound arrivals and departures in 2020, especially during the second quarter of the year, due to the COVID-19 pandemic and travel restrictions. While all types of tourism have been severely impacted by ...

Airline revenues in Malaysia have declined sharply in 2020 due to the closure of international borders and lockdown restrictions to prevent the spread of COVID-19. However, low cost airlines are expected to be less affected than major carriers due to...

Travel intermediaries experienced a huge drop in sales from March to June 2020 due to Movement Control Orders that restricted inbound, outbound and domestic tourism. The majority of customers who signed up for holiday tours and packages are demanding...

Malaysia’s travel industry has been severely impacted by the COVID-19 pandemic in 2020, especially during the lockdown period, when inbound and outbound passenger numbers plummeted. Business travel has been hit particularly hard, with many MICE ...

Like many other areas of the Malaysian travel industry, lodging operators have been hit hard by the unexpected decline in inbound arrivals in 2020 due to COVID-19. Hotels located at airports or those that catered primarily to business arrivals ...

Natural increase will be the main driver of rapid population growth in Malaysia in 2019-2040. Ageing will be swift up to 2040, with fast growth in older cohorts as younger groups shrink, impacting consumer trends and putting increased pressure on ...

During the full review period, imaging devices recorded a decline in volume sales, with 2019 seeing a double-digit decline. The impact of COVID-19 in 2020 is expected to further these negative results, with volume growth predicted to decline by 20%....

Although the industry recorded a volume decline across the review period, due to the outbreak of COVID-19 sales of home audio and cinema are set to record a deeper volume decline in 2020, driven by a double-digit decline in digital media player ...

2020 is predicted to see a decline in volume growth of 1% for mobile phones, which aligns to results seen in 2019, and is driven by the continued double-digit decline in feature phones. However, smartphones are expected to continue recording marginal...

With the Malaysia Movement Control Order implemented in March 2020, consumers were confined to their homes for extended periods, reducing car journeys. Therefore, with minimal travel in place, demand for in-car entertainment options naturally ...

In response to the outbreak of COVID-19 in the country, the Malaysia Movement Control Order (MCO) was implemented on 18 March. On this date, schools and non-essential businesses were closed, with the government urging consumers to stay at home. As a ...

The outbreak of COVID-19 in Malaysia is set to deepen the decline in volume growth in several areas, with an overall volume decline of 2% predicted for 2020, compared to a decline of 1% seen in 2019. The most significant declines are set to be seen ...

The outbreak of COVID-19 in Malaysia is set to stifle volume growth and sales in wearable electronics. Wearable electronics recorded double-digit growth each year across the review period, however, it is predicted to move to single-digit growth for ...

The outbreak of COVID-19 in Malaysia is set to result in a decline in volume growth for 2020, whereas volume growth in 2019 was positive, at 7%. This decline is driven by significant double-digit declines for all portable media players; a result ...

The impact of the COVID-19 pandemic is set to lead to a decline in 2020, worse than that experienced in 2019, due to increased price-sensitivity across the country. Despite consumers spending more time in the household, the high price points of TVs ...

In 2019, beer continued to experience a shift towards premiumisation, which included greater interest in Belgian and German beers as well as a growing number of craft beer brands available in the local market. While consumers have been adjusting to ...

The cider/perry category witnessed fresh offerings that provided greater sophistication and cross-category innovation in 2019. Somersby Sparkling White Cider is a new variant inspired by white wine, and represents a launch similar to Somersby’s ...

Wine tasting and pairing events in Malaysia continued to raise awareness and consumer interest in wine, leading to sales growth for the category in 2019. For instance, the Margaret River Tour, an Australian Wine Tasting event, was launched in ...