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APAC’s duty-free retail market to recover in 2023: report
China’s market remained resilient in the past years as tourism recovered.
APAC’s duty-free retail market to recover in 2023: report
China’s market remained resilient in the past years as tourism recovered.
APAC’s foodservice sector rapidly adopts robots
Two in five consumers are more inclined to avail of digitally advanced products and services.
Tensions escalate between India’s restaurants and food aggregators
Despite the lifting of quarantine restrictions, many consumers still order food online.
Festival hype boosts India’s online retail sales in 2021
The massive discounts from retailers bode well for e-commerce companies.
Malaysian e-commerce market to see bigger revenues in coming years
The market is expected to see stronger growth in 2021 as consumer spending rises.
Consumers' financial uncertainties hit APAC’s retail sales growth
Philippines, Vietnam, and Malaysia are the hardest hit nations in the region.
Anxious consumers to hold back APAC retail spending
Two in three respondents still continue to work from home and are more heavily online.
Surge in online grocery shopping boosts India’s e-commerce market
Traditional grocers have yet to gain footing in the online space due to large investment needed.
Dark stores take off amongst India’s online grocers
The instant delivery model it enables offers huge customer convenience.
Maintaining O+O presence key for Hong Kong retailers’ operations
Offline-plus-online will help attract more consumers whilst travel is still restricted.
Chinese e-commerce market to balloon to $3.3t by 2025: GlobalData
E-commerce CAGR will grow by 11.6% between 2021 and 2025.
Omnichannel is the way forward for APAC retailers
As physical stores reopen, online spending may drop to 13.4% by end-2021 but never below pre-COVID levels.
Apparel resale gains greater traction amongst APAC consumers
At least a tenth of shoppers is buying second-hand apparel more than usual.
BNPL continues to gain traction with Square’s $29b acquisition of Afterpay
Afterpay accounts for 7.7% of Australia’s e-commerce market.
China, India to propel APAC’s sportswear retail growth
The two markets are seeing more local brands serve a value-seeking consumer base.
APAC’s online retail sales rise amidst growing health concerns
However, customers have become slightly less concerned about visiting stores.
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Beauty retailers unlock the power of high-tech
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Technology
Companies should use tools that solve real-world consumer problems and boost efficiency.
Companies should use tools that solve real-world consumer problems and boost efficiency.
