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Consumer Insights Asia Q1 2018

04/07/2018

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FMCG growth in Asia slightly improves in Q1 2018

FMCG growth in Asia slightly improves in Q1 2018

2018 Q1 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 grew by 3.8% in Q1 2018, compared to 3.5% in Q1 2017. 
  • Food sector enjoyed a stronger growth of 3.6%, compared to 2.1% in 2017. Cooking categories for example noodles, sauce, frozen food are growing fast. 
  • Personal care is the fastest growing sector in FMCG, with 7.0% year-on-year growth in Q1. Self-appearance is still important to consumers. 
  • Improved living standard emphasizes home hygiene and cleanliness awareness; home care sector posted a stronger growth of 3.9%. 
  • Growth in Dairy sector has slowed down to 2.0% in Q1 from 3.5% in 2017. More marketing initiatives and excitement needed to drive the growth in this sector. 
  • Beverage sector posted a higher year-on-year growth in Q1, 1.7% as compared to -0.1%% in 2017. NPD is required to continually drive growth.

 *Follow links on the right side of this page to download the full report.

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Fabrice Carrasco

Managing Director, Vietnam & Philippines | Asia Strategic Projects Director

 

+84 28 3930 6631

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