News and Events
Kantar Worldpanel - www.kantarworldpanel.com
Spotlight on Taiwan

16Q4 FMCG Consumer Insights

22/03/2017

Share

16Q4 FMCG Consumer Insights
  • FMCG growth slower than previous year, 3.1% v 3.9%, due economic slowdown experienced across Asia, with most South East Asian countries going through a difficult time.
     
  • Despite that, Philippines continued on their positive outlook with a 6.6% GDP growth in Q4 2016 and closes the year at 6.8% for FY 2016.
     
  • As essential goods experienced either flat or moderate growth (0-4%), personal care products over performs growing at 8.6% vs YA, highlighting the importance of appearances and also means of self-pamper during difficult times
    .
  • Beverages experiencing slowest growth across Asia, category needs to be revitalized in most markets, consumer engagement would be key
     
  • Health seems to be one of the driving trend across Asia, with Dairy category seeing strong growth in China, Taiwan, Indonesia, Philippines and Vietnam.
     
  • Digital continues to make pace across Asia, with Southeast Asia following suit on North Asia adoption towards buying goods online.
     
  • Certain parts of Asia continues its progress towards modernization and urbanization, with consumers in Kingdom of Saudi Arabia continues to migrate to Modern Trade shopping, whilst Urban Vietnam consumers are driving the growth of the economy.

    For more insight click here to download the full report

     

Get in touch

Yvonne Wang

  • +886 2 2570 0556

Newsletter

Print this page

Social
Newsletter
Twitter
LinkedIn
Facebook

Our website uses cookies to improve the user experience.By continuing to use this site you agree to our use of cookies. [Cookies policy]