Asia Pulse: Q1 2023
We are excited to introduce the latest edition of Asia Pulse, our quarterly update on the FMCG industry in the Asia region for Q1 2023. Despite inflationary pressures, the FMCG sector in Asia witnessed a growth rate of 2.8%, displaying a consistent level compared to the corresponding quarter of the previous year. Notably, most sectors experienced positive growth, except for the Dairy and Personal Care sector, which faced some challenges due to slower movement in North Asia.
On the other hand, the Home Care sector is the only sector to maintain positive growth across the region. However, two markets still need to catch up with the region members. This report presents the complete performance of each sector in 10 key markets in the APAC region.