World

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…

Sales at grocery retailers were back in decline in Asia Pacific in 2022, with the impact of spiking case numbers in China, as it continued to pursue its zero-COVID policy, dragging down the overall regional performance. This followed a strong…

In-destination spending is benefiting from the recovery of tourism, with pent-up demand and revenge travel driving trips abroad and powering visitor spending. Shopping is receiving a boost from the return of Chinese travellers after the removal of…

In-person sales of supermarkets have decreased due to an increasingly price-sensitive consumer preferring small local grocers and discounters. Moreover, e-commerce has consolidated as a key channel in the industry, regardless of the age of the…

Ingredion is a leading global ingredient solutions provider. The company follows a strategy of acquisition and expansion to ensure that it has the production capabilities to meet evolving consumer preferences when it comes to ingredients. With…

Early digital banks in East and South Asia have generated profits. Their success in both developed and emerging markets is a good reference for new digital banks, especially in Southeast Asia. However, a few digital banks in Australia have failed.…

Sales of cooking ingredients and meals are dominated by offline retailers, mainly driven by supermarkets, small local grocers and hypermarkets. With the onset of the COVID-19 pandemic, e-commerce has been thriving with increasing acceptance from…

The global pandemic and the war in Ukraine have placed intense stress on global supply chains. Purely cost-based models have shown their limits, and fashion companies are now trying to pivot, as uncertainty is the “new normal”. They also need to…

Asia Pacific and North America maintain their lead in consumer health, although inflationary pressures impacted growth in constant terms. Although there is an increasing trend towards shopping online, store-based retailing remains the leading channel…

In 2022, the small appliances industry saw decline as a sign of normalisation after the pandemic uptake when home-bound consumers stocked themselves with kitchen appliances and hygiene-related categories such as vacuum cleaners or air purifiers.…

This briefing explores the key trends defining the future of the packaging industry. Costs are keenly in focus given the inflationary environment; right-pricing and right-sizing the retail pack are essential to balance consumer affordability with…

As the travel industry continues to emerge from the depths of darkness experienced during the pandemic, Marriott International, the world’s biggest hotel business, also continues its recovery from the losses recorded in 2020. While Marriott looks to…

Sales of staple foods are dominated by offline retailers, mainly driven by supermarkets, small local grocers and hypermarkets. Since the onset of the COVID-19 pandemic, e-commerce has been thriving with increasing acceptance from broader consumer…

As traditional cigarette consumption continues to decline globally due to health consciousness and rising pack prices, PMI’s goal of a smoke-free future sees the company continue to shift its focus away from its cigarettes portfolio towards reduced…

The world is rapidly evolving due economic, political, geographic and climate changes. This is contributing to a change in consumer’s habit and behaviour as they try to keep pace with these newer developments. Deeper understanding of these changes…

McCormick’s business is focused on North America, but it is expanding its global footprint. Its focus on flavour solutions appeals to consumers who continue to cook at home, with hybrid working models further boosting this trend. Globalisation of…

Beauty and personal care multinationals have predicted continued cost increases in 2023, further increasing the price of finished goods. Companies are developing multifaceted strategies to remain competitive, often combining approaches to cover…

As more global consumers prioritise hydration as part of their health and nutrition routines, established category lines are starting to blur. Suppliers and brands from across soft drinks and consumer health approach this opportunity through new…

Global inflation peaked in 2022 but it remains stubbornly persistent. This means high input costs will remain a major hot drinks industry concern for the foreseeable future. Prolonged inflation has not only affected pricing for the industry but also…

It is important to understand how urbanisation is being driven in emerging markets, and how new suburban developments are occurring in developed markets, what changes in household types and sizes will occur, and how the modern home will evolve,…