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Beverages
Taiwan Alcoholic Beverages Market 2024
Forecasts indicate that the Taiwan alcoholic beverages market will shrink by USD 0.1 billion by the end of 2029, resulting in a compound annual growth rate (CAGR) of -0.2%. There is a growing health consciousness among Taiwanese consumers, particularly among younger demographics, leading to reduced alcohol consumption overall. This is exacerbated by the increasing popula…
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Beverages
Taiwan Energy and Sports Drinks Market 2024
The Taiwan energy and sports drinks market is poised for steady growth, with an expected increase of USD 120.2 million, reflecting a compound annual growth rate (CAGR) of approximately 5.2% from 2024 to 2029. In Taiwan, the energy and sports drinks market is benefiting from a rising interest in sports and fitness, especially among younge…
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Home Appliances
Taiwan Fridges and Freezers Market 2024
The Taiwan fridges and freezers market is projected to show slight growth, anticipated to rise from USD 946.3 million in 2023 to USD 1,123.4 million by 2029, reflecting a compound annual growth rate (CAGR) of 2.9% during the period from 2024 to 2029. Taiwan’s fridges and freezers market is expanding due to rising disposable income…
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Home Appliances
Taiwan Laundry Appliances Market 2024
Forecasted to grow at a moderate pace, the Taiwan laundry appliances market size is expected to reach USD 1,230.8 million by 2029, up from USD 892.6 million in 2023, resulting in a CAGR of 5.5%. Taiwan’s home laundry appliances market is driven by a preference for compact, energy-efficient appliances, particularly in smaller urban homes. As con…
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Consumer Electronics
Taiwan Wireless Headphones Market 2024
The market for wireless headphones is set for moderate growth, with projections indicating an increase of USD 123.9 million and a compound annual growth rate (CAGR) nearing 8.3% over the forecast period. Taiwan is witnessing strong growth in the wireless headphones market, fueled by high-tech innovation and increasing consumer preference for convenience. The rise of mob…
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Home Appliances
Taiwan Microwave Ovens Market 2024
The Taiwan microwave ovens market is on track for incremental growth of USD 8.6 million, corresponding to a compound annual growth rate (CAGR) of nearly 2.6% throughout the forecast period of 2024 to 2029. The microwave ovens market in Taiwan is being driven by urbanization, changing consumer preferences, and a growing demand for convenience. As mor…
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Home Appliances
Taiwan Household Cooking Appliances Market 2024
The Taiwan household cooking appliances market is poised for gradual growth, with an expected incremental increase of USD 136.0 million, reflecting a compound annual growth rate (CAGR) of nearly 3.7% from 2024 to 2029. In Taiwan, the household cooking appliances market is driven by a strong focus on innovation and quality. Consumers are increasingly priori…
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Beverages
Taiwan Hot Drinks Market 2024
The Taiwan hot drinks market is on track to grow from USD 2,294.0 million in 2023 to USD 3,501.0 million by 2029, with a projected CAGR of 7.3% across the forecast period. Taiwan’s hot drinks market is characterized by a vibrant tea culture, particularly with the popularity of bubble tea and specialty teas. The increa…
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Beverages
Taiwan Sports Drinks Market 2024
The Taiwan sports drinks market is on track for incremental growth of USD 56.0 million, corresponding to a compound annual growth rate (CAGR) of nearly 4.7% throughout the forecast period of 2024 to 2029. In Taiwan, rising health consciousness and fitness engagement are major drivers of the sports drinks market. Consumers seek hydration and energy…
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Personal Care Products
Taiwan Personal Care Appliances Market 2024
Insights reveal that the Taiwan personal care appliances market is set for a healthy expansion, with an anticipated growth of USD 176.5 million, corresponding to a compound annual growth rate (CAGR) of nearly 7.3% from 2024 to 2029. Taiwan’s market is characterized by a tech-savvy consumer base that values high-quality, multifunctional personal care appliances. The in…
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Home Appliances
Taiwan Dishwashers Market 2024
The Taiwan dishwashers market is anticipated to witness significant growth, with an expected uptick of USD 65.0 million, equating to a compound annual growth rate (CAGR) of about 8.2% in the coming years. Taiwan’s market is supported by a tech-savvy, urban population that favors energy-efficient and compact dishwashers. High disposable incomes encourage demand for premiu…
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Leisure and Entertainment
Taiwan Video Games and Consoles Market 2024
Projected to undergo a minor increase, the Taiwan video games and consoles market size is anticipated to grow from USD 2,700.1 million in 2023 to USD 3,597.8 million by 2029, reflecting a CAGR of 4.9% from 2024 to 2029. Taiwan’s strong manufacturing base in gaming hardware, particularly in semiconductors, positions it as a key player…