Luxury Furniture Market in APAC 2022-2026 The analyst has been monitoring the luxury furniture market in APAC and it is poised to grow by $ 2.00 bn during 2022-2026 progressing at a CAGR of 5.38% duri…
Furniture Market in Indonesia 2022-2026 The analyst has been monitoring the furniture market in Indonesia and it is poised to grow by $ 3.29 bn during 2022-2026, decelerating at a CAGR of 12.08% durin…
This Megatrends report highlights long-term trends resulting from shifts in consumer values and behaviour. It provides a summary of each of eight focus megatrends and insights as to how each trend has…
The prioritisation on essential goods, the implementation of strict health protocols, and movement restrictions put in place to halt the spread of COVID-19 led to a sharp contraction in sales of perso…
Despite expectations of a muted consumer appetite for spending, personal accessories is set to have a bumper year in 2022, continuing its recovery momentum from 2021. Consumers are on the lookout for …
In 2022, as the COVID-19 crisis begins to subside, economic activity is returning to normal, and people’s purchasing power is recovering. As a result, trends for tertiary goods, such as bags, jeweller…
Demand for personal accessories in Malaysia is improving over 2022, following on from the beginnings of post-pandemic recovery in 2021. Relaxed restrictions have opened the way for release of pent-up …
All categories of personal accessories registered a slump in retail volume and current value sales in the wake of the Coronavirus (COVID-19) pandemic in 2020. Bags and luggage suffered as lockdowns an…
Value sales of luxury goods continue to recover in 2022, supported by the fact that most restrictions in the Philippines have been lifted (with restrictions for children being the last to be lifted to…
Having plunged by more than a quarter during 2020 due to pandemic restrictions and the economic shock that they engendered, retail constant value sales (2022 prices) of luxury goods began to rebound i…
The luxury goods market in Thailand is set to see the continuation of its recovery in 2022. Indeed, the overall market is expected to exceed the level of value sales seen immediately prior to the outb…
Luxury goods was one of the categories hardest hit in Indonesia by COVID-19 restrictions. The fact that sales of luxury goods are reliant on the premium retail experience became a major Achilles’ heel…
Luxury goods in Singapore is set to experience further significant current value growth in 2022, following notable declines in 2020, in the first year of the pandemic. This is largely attributed to th…
Strict government restrictions on events and the numbers of people allowed to gather led to the cancellation of major life events such as weddings in 2020, with this having a hugely detrimental impact…
Consumers are demanding more for the prices that they are paying. For example, it is no longer uncommon to see sterling silver or freshwater pearl jewellery being sold by traditional costume jewellery…
The gold jewellery market is now starting to recover after the impact of the COVID-19 pandemic. It is expected that jewellery sales in the future will continue to increase in line with the higher purc…
Poh Kong remains in the lead of jewellery in terms of retail value in 2022, with both brand and national brand owner occupying the number one spots and gaining some share. The leading player lost sign…
One of the most important impacts of the Coronavirus (COVID-19) pandemic on Thai society during 2020 and 2021 was the increasing interest that consumers paid to the internet and digital communications…
Sales of fine wines/champagne and spirits were significantly impacted in the Philippines following the emergence of the pandemic in 2020, as some local government authorities imposed their own restric…
Experiential luxury, driven by luxury hotels in the Philippines, is set to make a full and strong recovery in current value sales terms in 2022 with double-digit growth. This follows triple-digit valu…
Following the significant declines in sales of premium and luxury cars in the Philippines in 2020 in line with pandemic-induced restrictions such as enforced closures of dealerships, some easing of va…
Following the significant declines in sales of premium and luxury cars in the Philippines in 2020 in line with pandemic-induced restrictions such as enforced closures of dealerships, some easing of va…
Abstract Jewelry Manufacturing in China Industry firms manufacture a range of jewelry products, including necklaces, rings, earrings, bracelets, brooches, diamond jewelry, cultured pearl jewelry, p…
Having declined during both 2020 and 2021, retail constant value sales (2022 prices) of fine wines/champagne and spirits began to recover in 2022. However, the remained below their pre-pandemic peak. …
In 2022, Thailand continued to be affected by the COVID-19 crisis, with restrictions aimed at limiting the spread of the SARS-CoV-2 virus still exerting a negative impact on fine wines/champagne and s…
The recovery in retail constant value sales (2022 prices) of designer apparel and footwear (ready-to-wear) accelerated during 2022, but they remained well below their pre-pandemic level. An increasing…
The recovery in retail constant value sales (2022 prices) of experiential luxury, which began in 2021, saw a significant acceleration during 2022. Indeed, retail constant value sales almost recovered …
The restrictions imposed on inbound tourism by the Thai Government in an effort to limit the spread of COVID-19 had a severe negative impact on the travel industry, including hotels. The improved perf…
Designer apparel and footwear (ready-to-wear) looks set to continue its recovery in 2022, though sales are likely to remain below the levels seen immediately prior to the outbreak of COVID-19. At the …
Retail constant value sales (2022 prices) of premium and luxury cars continued to rebound during 2022 but remained well below their pre-pandemic peak. Apart from a more stable economic environment, th…