The rapid growth of Asian consumption has made Asian domestic consumer stocks an interesting subsector of the local equity market. Global investors searching for growth in Asia might wish to consider an investment in domestic consumer-related stocks.
Asia’s domestic consumption story has been phenomenal. Favourable demographics, urbanization and rising personal income have resulted in an exponential rise in consumer spending power. By 2025, annual consumption in emerging markets is estimated to rise to USD30 trillion from USD12 trillion in 2010, and to account for nearly 50% of the world’s total.
Source : Invesco Real Estate