Understand the cultural and socioeconomic influences that shape i...
Understand the cultural and socioeconomic influences that shape industry demand throughout Asia-Pacific, with local insight, market statistics and analysis ranging from strategic regional overview to in-depth coverage by country or city.
Demand for wound care products in the Philippines is expected to rise in 2024 as more consumers engage in physical activities that commonly result in minor injuries. Growing levels of health consciousness, exacerbated by the pandemic, have fuelled…
Wound care is set to maintain slow and stable retail current value growth in China in 2024. The category remains highly concentrated, with Yunnan Baiyao and Band-Aid holding significant value shares. These two brands are expected to lead value sales…
Weight management and wellbeing in the Philippines is set to continue to gain ground in 2024, as an increasingly number of consumers turn to these products as a means of losing weight rapidly. Compared to other neighbouring countries in Southeast…
As consumers are pursuing diverse ways to achieve a healthy physique, weight management and wellbeing is expected to continue its downward trend in China in retail current value terms in 2024, with a low single-digit decrease, extending the decline…
Demand for vitamins in the Philippines is expected to continue rising throughout 2024, driven by a strong focus on maintaining optimal physical health and a strong immune system, even after the end of the COVID-19 pandemic. While health protocols…
After the surge in demand for vitamins in China in 2022, related to the reopening of the country after COVID-19 restrictions, vitamins experienced a slight retail current value decline in 2023, primarily driven by corrections for multivitamins and…
The market for sports nutrition products in the Philippines is poised for continued strong growth in 2024. This surge is partly driven by the increasing interest in sports and fitness that emerged in response to the COVID-19 pandemic. Many Filipinos…
As the pandemic has ended, Chinese consumers are gradually resuming their fitness habits, and sales of sports nutrition are expected to continue to grow in 2024, with high single-digit retail current value growth expected. Specifically, while sports…
One of the key factors supporting positive sales growth for sleep aids in the Philippines is the increasing prevalence of busy and stressful lifestyles among local consumers. The rise in the number of call centres, spurred by foreign investments and…
Although it remains a relatively small category within consumer health in China, sleep aids has experienced several years of robust growth, and is projected to continue to achieve double-digit expansion in retail current value terms in 2024. With the…
Paediatric consumer health in the Philippines is set to experience continued positive growth in 2024, largely due to the country’s relatively high birth rate and the culture of not skimping when it comes to spending money on children. However, it…
Paediatric consumer health is set to maintain solid although slower retail current value growth in China in 2024, and it is projected to maintain a high single-digit CAGR moving forward, with continued upgrades in consumer preferences when it comes…
The market for NRT smoking cessation aids in the Philippines is set for continued growth in current value terms in 2024. Since the onset of the pandemic, more consumers have embraced healthier lifestyles, with many becoming increasingly driven to…
Demand for herbal/traditional products is set to continue to expand in the Philippines in 2024, with herbal/traditional cough, cold and allergy (hay fever) remedies leading the way. While COVID-19 continues to circulate in the Philippines, mobility…
In 2024, herbal/traditional products is set to maintain retail current value growth in China, although this will be at a lower level than for several years. Although higher than the average for herbal/traditional products, herbal/traditional dietary…
The market for eye care products in the Philippines is poised for further expansion in 2024. One significant factor driving this rising demand is the increased amount of screen time in the daily lives of local consumers. With many individuals working…
Eye care is set to maintain moderate retail current value growth in China in 2024, driven by the only category with notable sales, standard eye care. Dry eye disease is becoming increasingly prevalent amongst younger populations in China,…
The market for digestive remedies in the Philippines is projected to see strong growth in current value terms in 2024. This trend is partly driven by the accelerating pace of urban lifestyles, leading consumers to favour quick and convenient food…
Digestive remedies has experienced significant demand fluctuations in China following the easing of COVID-19 restrictions. While certain categories saw explosive growth due to pandemic-related digestive issues in 2023, this surge is expected to…
The market for dietary supplements in the Philippines is anticipated to see strong growth in current value terms in 2024. Within this, consumers are increasingly viewing herbal dietary supplements as healthier alternatives, driven by the belief that…