Asian tourism development is no longer in the early stages. China and other SEA countries are progressing very fast on becoming a big economic and cultural power. They will continue to set trends and creativity throughout the entire industry. It is to be noted that for both the wealthy and the middle class, travel is by far the preferred leisure pursuit.
Overall in Asia, as the quality of life constantly improves, people more and more want to invest in home and commercial properties decoration.
This gives space to imported goods, especially if “environment-friendly”, include ergonomics elements and, most importantly, provide great variety of styles and designs for buyers to choose from.
Thanks to China, Asia has become the world’s largest market for food and grocery retail and, despite a fragmented distribution infrastructure and growing local competition, opportunities for foreign SMEs to sell their products in China and SEA are likely to grow, driven by increasing disposable income and urbanization, an improving logistics system, growing concerns on food safety as well as a growing taste for foreign foodstuffs.
The baby & kids industries are booming in Asia and especially in China, characterized by an average annual growth rate of 18% in the last 5 years. Urbanization, loosening up and recent cancellation of one child policy, rising middle class and most of all the willingness of Chinese parents to give only the best for their child are the top reasons. There is tremendous potential waiting to be developed in food, fashion, culture education and studying abroad
Fashion means design, manufacturing, distribution, marketing, retailing, advertising, and promotion of all types of apparel (men, women, children) from the most rarefied and expensive haute couture and designer items, to ordinary everyday clothing.The always-growing Asian middle and upper classes, in particular the Chinese ones, show great interest in foreign products.
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