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Spotlight on Taiwan

18Q2 FMCG Consumer Insights

21/09/2018

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2018 Q2 Asia Consumer Insights report is now available with FMCG trends in a variety of categories in the region, covering China, Indonesia, Korea, Taiwan, Vietnam, Malaysia, Thailand, Philippines, India and Saudi Arabia.

Summary key takeaways:

  • FMCG in Asia sees positive growth by 3.8% in Q2 2018, compared to 3.3% in Q2 2017.

  • Food sector is steady at 3.3%, compared to 2.6% in 2017. Cooking categories like noodles, oil, frozen food and cereals are key growth drivers.

  • Home care posted another robust growth this quarter at 4.3%, compared to 3.1% in 2017, reinforcing increased emphasis on home hygiene and cleanliness.

  • Personal care remains the fastest growing sector in FMCG at 7.2% and are largely driven by skincare and cosmetics.

  • Countries like Indonesia, Korea, Taiwan and Vietnam see significant growth in beverage sector, driven by coffee, tea and soft drinks while soy milk is a key player for China. The sector as a whole posted a year-on-year growth of 2.1%.

  • Growth in dairy continues to slow down to 1.4% in Q2 from 2.6% in 2017, though consumption in India is still evolving and overall growth opportunity lies in fresh milk.



    For more insight click here to download the full report

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