Modern Australian

NielsenIQ: Consumers in Hong Kong prefer health and wellness products amid pressure on wallet spends

HONG KONG SAR - Media OutReach - 29 August 2023 - Fast-moving consumer goods (FMCG) have shown signs of a rebound in Asia Pacific (APAC) markets like Hong Kong (+1.8% in 2022 vs negative 10% the previous year) and Singapore (+0.8% in 2022 vs negative 2.1% in the previous year), while in Southeast Asia strong growth found in SEA including Indonesia (up by 4% in 2022 from 2021), The Philippines & Vietnam (up by 5.5%, 28.6% across the same period, respectively).

Read more: NielsenIQ: Consumers in Hong Kong prefer health and wellness products amid pressure on wallet spends

More Articles ...

  1. NIA launches the profile of Thailand for 2023 with strengths in establishing startup businesses "Key Destinations" announce Thai-foreign startups with growth opportunities
  2. International Charity World Vision Partners Local Social Service Agencies to Support Vulnerable Children in Singapore
  3. Win Metawin and Coca-Cola Unwrap the Magic of Mealtimes in A Heartwarming Film Celebrating Sibling Bonds
  4. Kellogg School of Management's John L. Ward Center for Family Enterprises Highlights Importance of ‘Transformative Learning’ for Family Businesses
  5. Young people want it all – financial freedom and time to enjoy life
  6. Igniting Innovation: Samsung Solve for Tomorrow 2023 Aims to Inspire Secondary School Changemakers
  7. Lioner Expands Client Advisory Offering in Mainland China
  8. Singapore to Host Singapore Convention Week 2023
  9. TechCreate Establishes Dominance In Cybersecurity Market Through Strategic Partnerships And Achievements
  10. OctaFX: Malaysia's annual inflation may fall for the fifth month in a row
  11. ZJLD Group Achieved Impressive Revenue of RMB3,519 Million for FY2023 Interim Results Grasping Advantages and Persisting in Pursuing Quality and Sustainable Growth
  12. DHL Global Forwarding announces strategic leadership appointments in Asia Pacific
  13. mPay Expands Cross-Border Payment Coverage to More Than 40 Countries, creating a Convenient Global Travel Smart e-wallet for Macao residents
  14. BEST Express Malaysia is committed to support SMEs in East Coast
  15. New Survey Reveals 80% of Respondents Prefer Natural Diamonds for their Engagement Rings
  16. Gleneagles Hospital Medini Johor Conducts 2nd Cancer Symposium In Collaboration With The Malaysian Medical Association Johor Branch
  17. Workato aims to onboard 1,500 SMEs with Singapore’s first digital automation offering under IMDA’s Advanced Digital Solutions scheme
  18. Speed, Art, and NFTs Converge: Bybit and Oracle Red Bull Racing’s Velocity Series Collaboration
  19. Mike Pompeo to be the keynote speaker at the American Mediterranean Investment Forum (AMIF) in Greece on September 27th
  20. OMNI Tuna Wins Gold Award for Best Vegan Fish in Vegan Food & Living Awards