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R&C; Outlook: Consumer goods
Fast-moving consumer goods (FMCG)
Asian markets present a particularly attractive prospect for firms over the next five to ten years, as hundreds of millions of households in China and India join the middle class.
Regional consumer spending on household goods will rise by an annual average of 8.5% to reach US$730 billion by 2018.
Luxury growth in Asia is slowing after a significant period of China-led growth. The impact of a clampdown on corruption is being felt but Chinese luxury buyers are also becoming more sophisticated.
Durable consumer goods and electronics
The consumer electronics market is in flux as newer firms challenge incumbents in the booming market for smartphones
Electrical appliances and housewares demand growth, in volume terms, will average about 6.6% driven largely by double-digit growth in China.
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Retail and consumer
2015-16 Outlook for the Retail and Consumer Products Sector in Asia
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