Search Results for: Thai

VIETNAM has been a major textile production hub for years and, as the country’s government pushes sectors to embrace technology associated with the Industry 4.0 movement, some companies are adapting advanced methods such as digital textile printing.

According to statistics from India-based Mordor Intelligence, Vietnam is the third-largest garment exporter in the world, with the United States, the European Union, Japan and South Korea serving as major destination markets. …

SOUTH-EAST Asia’s beauty and personal care product market continues to grow, with more mature markets in the region demonstrating an increasing preference for natural products.

As might be expected, consumers in the wealthy city state of Singapore are especially keen to spend more money on lines with natural ingredients.…

The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) took effect in December 2018, incrementally bringing down import tariffs for Vietnamese garments in a market with 495 million consumers across 11 countries.

But Vietnamese garment-makers are struggling to reduce costs to deliver pricing that is competitive enough to make the most of CPTPP.…

BIOCIDAL coating products are some of the most demanding lines to make, sell and import for manufacturers and suppliers as far as regulatory compliance is concerned. Legitimate concerns among environmental health regulators to ensure that biocides only kill the micro- or larger organisms that they target, without unintended damaging side-effects, mean that biocide controls are constantly under review.…

THE MANUFACTURE, distribution and use of leaded paints in projects funded by Japan’s public sector has been banned from March (2019), at the end of the 2018-19 fiscal year. For instance, Japan’s ministry of education, culture, sports, science and technology revised its building construction standards for educational facilities in April (2019), requiring manufacturers to use a non-leaded primer or sealer before applying antibacterial paint on surfaces such as gypsum board.…

India’s potato chips/crisps market was worth USD2.59 billion in 2017 and is growing at an annual rate of 18.7%, data analytics firm GlobalData reports, and is expected to soar to a value of USD5.5 billion in 2022. The sale of branded chips sold by manufacturers across India is dominated by a handful of big companies – making up USD900 million of the segment’s total receipts, according to Indian ethnic food manufacturer and retailer Haldiram Snacks Pvt Ltd.…

India’s fast-growing potato chips market has huge potential for future growth, driven especially by rising demand in the rural markets, where two thirds of India’s 1.3 billion people still live.

For example, in the fast moving consumer goods segment, India’s rural market accounts for 40% of the national sales and is growing at about 10% annually, which is faster than the urban markets, said a ‘Indian Rural Market’ report issued by Confederation of Indian Industries in March 2017.…

THE GROWTH in fast fashion contracts struck between brands and Vietnam’s burgeoning outsourcing will boost demand for machinery and equipment in the Vietnamese textile sector as much as the new trade deals that have been struck by Hanoi, according to industry insiders.…

INCREASES in minimum wage rates are likely to be of significant concern to brands sourcing from south-east Asia in 2019, with pay on an upward trajectory – although governments’ approaches vary.

For some governments in the Association of Southeast Asian Nations (ASEAN) region, raising minimum wage serves as a populist measure (for instance by Thailand’s military government, whose supporters will face an election this year), while for others, an annual review is a statutory requirement, for example, in the Philippines.…

AS the second largest economy within the Association of Southeast Asian Nations (ASEAN) bloc, Thailand remains a key market in the region for paint and coatings sales. Regarding sales of home paints and coatings, including lacquers and varnishes, London-based market researcher Euromonitor International says that sales have been growing strongly.…