Southeast Asia Archives - Inside Retail Asia

Appliance sales slacken

Southeast Asia’s major domestic appliances (MDA) sector grew slower during the past 12 months due to weaker performances in Thailand and Indonesia. According to researcher GfK, over 20.5 billion units of air conditioners, washing machines, refrigerators, and microwave ovens were sold in Singapore, Malaysia, Thailand, Vietnam, Indonesia, Philippines, Cambodia and Laos in the past 12 months, with sales totalling nearly $5.8 billion. Thailand’s political disruption earlier this year was one o…

SE Asia e-commerce set to soar

High growth and consolidation is expected in Southeast Asia’s e-commerce market according to new projections. Total revenues from B2C e-commerce in the six largest Southeast Asian countries (Indonesia, Malaysia, Philippines, Singapore, Thailand and Vietnam) will grow at a compound annual growth rate of 37.6 per cent to $34.5 billion by 2018 from $7 billion in 2013, according to new research from Frost & Sullivan. Singapore was still the largest e-commerce market in Southeast Asia in 20…

Music gadget demand soars in Asia

Consumer demand for better quality music is driving growth of headsets and headphones sales in Southeast Asia. According to the latest GfK findings, the headphone and headset market generated US$77.3 million across four key Southeast Asian markets in 2013. Last year, consumers in Singapore, Malaysia, Thailand and Indonesia snapped up nearly 3.8 million units of headphones and headsets – a notable growth of five per cent over the same period a year ago, expanding the overall market also by …

SE Asian consumers more optimistic

Southeast Asian consumers lead the world with a strong sense of cautious optimism, with confidence in the region continuing to rank among the highest globally. According to the Nielsen Global Survey of Consumer Confidence and Spending Intentions, Indonesia maintained the top spot on the global Consumer Confidence Index, up four points in the latest quarter to 124, which was 30 points above the average global score of 94. Philippines and Thailand also remained among the top 10 with Consumer…

Vietnamese buying more domestic appliances

Vietnam now the fastest growing market for small domestic appliances in Southeast Asia.

Parkson eyes SE Asia growth

Malaysia-based department store to open 24 stores across Asia.