The Asia Pacific Laptop market is expected to grow more than 7% from 2024 to 2029 due to Rapid urbanization
- Historical Period2018-2022
- Base Year2023
- Forecast Period2024-2029
- CAGR (2024-2029) 7%
- Largest Market China
- Fastest Market India
- Format
Featured Companies
- 1. Panasonic Corporation
- 2. Samsung Electronics Co., Limited
- 3. Lenovo Group Limited
- 4. Huawei Technologies Co.Ltd
- 5. Microsoft Corporation
- 6. Dell Technologies
- More...
Laptop Market Market Analysis
The largest shareholder in the worldwide laptop market is Asia-Pacific. During the anticipated timeframe, sales of the device are anticipated to increase at the highest CAGR in Asia Pacific. Government efforts to lower import taxes on spare parts are expected to help this industry. Furthermore, it's expected that government programs like Made in India, Made in China 2025, and Digital India, along with higher foreign direct investments in e-commerce and retail, will improve laptop sales in the area. The laptop market in Asia-Pacific is a dynamic and ever-changing environment. A growing number of consumers are looking for laptops with strong processors, sharp displays, and luxury construction. Growing disposable earnings, a move toward demanding jobs like content creation and gaming, and the need for a more opulent computing environment are the main drivers of this. Chromebooks, which run Google's Chrome OS, are becoming rather popular in the educational and low-cost markets. They are perfect for daily jobs and students because to their cloud-based capabilities, affordability, and ease of use. They are also quite light and have an amazing battery life, making them ideal for productivity when traveling. Put an end to physical stores. Online retailers such as Amazon and Alibaba are increasingly the first choices when it comes to buying laptops. They provide a greater assortment, affordable costs, and the utmost convenience of doorstep delivery. Furthermore, they are considerably more alluring when there are flash sales and special offers. The laptop market in Asia-Pacific is not a homogeneous one. Every country has its own distinct trends and needs, from India's cost-conscious tastes to China's insatiable appetite for high-end gadgets. Manufacturers and companies hoping to thrive in this varied market must comprehend these geographical differences. According to the research report "Asia Pacific Laptop Market Outlook, 2029," published by Bonafide Research, the Asia Pacific Laptop market is expected to grow more than 7% from 2024 to 2029. In APAC, China is the largest market, followed by India. Demand is fueled by the region's constantly expanding population and expanding telecom infrastructure. The industry is further boosted by government efforts such as the elimination of import taxes on spare parts. The popularity of laptops is encouraged by the trend to remote employment and online learning. Major firms including Dell, Lenovo, Apple, Samsung, and Microsoft are fighting for supremacy in a fragmented industry. Country-specific brand preferences differ; in Australia, Apple is the most popular, while in China, Dell is the most popular. Players are compelled by increased rivalry and innovation to roll out new products and target a variety of market niches. The fierce rivalry among APAC's laptop makers spurs on going innovation. Through the introduction of novel features, designs, and technologies, brands endeavor to set themselves apart from the competition, providing a wide array of choices for customers. The demand for laptops with advanced communication functions is partly driven by the creation of smart cities and the drive for improved connectivity. These capabilities, which let users to stay connected effortlessly, include Wi-Fi 6 and support for 5G.APAC's gaming scene is growing quickly, especially in nations like South Korea and China. High-performance gaming laptops with cutting-edge graphics and processing power are in high demand as a result of this.
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Download SampleMarket Dynamic
Major Drivers New Laptop Model Launches Drive the Market : Laptops are widely used for work, play, entertainment, and learning environments. Over the upcoming years, there will be a slow but steady increase in the demand for laptops. This spike is ascribed to both the availability of new, contemporary models and higher replacement sales. The availability of models with strong processing and computational capabilities has led to an increase in the popularity of high-end laptops designed expressly for gaming applications. The gaming industry has grown as a result of the increase in internet usage. Massive Opportunities Are Created by the Education System's Growing Adoption of Technology : Emerging concepts like bring-your-own-device (BYOD), personalized learning, and artificial intelligence (AI) have revolutionized the way individuals study, teach, and administer tests. Because of their increased visual and technological capabilities, immersive learning opportunities, and increased student participation, these technologies are transforming the educational landscape. These technological advancements use analytical techniques and visual displays to reimagine the teaching and learning environments that use computers as a medium. Additionally, because interactive projection systems are becoming more and more important, teachers are now utilizing laptops in the classroom. Thus, the continued progress in digital education could provide much-needed support for the declining worldwide sales of laptops. Major Challenges Sensitivity to Price: Some buyers are still sensitive to price, even in spite of the decreasing cost of laptops. The adoption of laptops may be restricted by specific market sectors due to their costly cost, particularly for high-end versions with advanced capabilities. Even entry-level computers can be expensive for many households in poor nations. This restricts access to technology for both personal and professional use, and it inhibits market penetration. The economies of the nations that make up the Asia-Pacific region are diverse, ranging from developed powers like Singapore and Japan to emerging ones like Vietnam and Cambodia. Customers as a result have differing degrees of disposable money and price sensitivity. Alternative Devices' Competition : Alternative gadgets like tablets and smartphones compete with laptops. These devices challenge the dominance of laptops with their portability and ease, especially for light users and applications that don't demand a lot of processing power. For on-the-go chores like browsing, emailing, and social media, smartphones and tablets frequently replace PCs due to their improved portability and immediate access to information and entertainment. The growing popularity of mobile-friendly platforms and streaming services makes media consumption on smartphones and tablets less dependent on PCs.
Laptop Market Segmentation
| By Type | Traditional | |
| 2-in1 laptop | ||
| By Application | Personal | |
| Business | ||
| Gaming | ||
| Other | ||
| By Screen Size | Up to 10.9" inch | |
| 11" to 12.9" inch | ||
| 13" to 14.9" inch | ||
| 15.0" to 16.9" inch | ||
| More than 17" inch | ||
| By Price | Up to USD 500 | |
| USD 501 to USD 1000 | ||
| USD 1001 to USD 1500 | ||
| USD 1501 to USD 2000 | ||
| Above USD 2001 | ||
| Asia-Pacific | Germany | |
| United Kingdom | ||
| France | ||
| Italy | ||
| Spain | ||
| Russia | ||
Based on type, the laptop market is segmented as follows: traditional, 2-in1 laptop. 2-in-1 devices, which blur the boundaries between laptops and tablets, are quickly taking over APAC consumers' hands and hearts. Professionals value their ability to seamlessly switch between work and play, while casual users prefer their small size and portability for on-the-go use. Students love their flexibility for taking notes and making presentations. 2-in-1 laptops are perfect for workers and students who are constantly on the road because they typically have lighter, more stylish designs than regular laptops. These devices combine the functionality of a laptop with the portability of a tablet, making them ideal for use in a variety of settings like as the classroom, the workplace, or a coffee shop. the market is segmented by screen size into: personal, business, gaming, others. The business segment is dominating the market. All throughout Asia, the digital revolution has created a culture that values social media interaction, distant work, and online education. Because of this greater dependence on technology, people need personal computers in order to be informed, productive, and connected. For many people in APAC, laptops have become their primary means of accessing the digital world, whether it's for taking online classes, holding video conferences, or just keeping in touch with loved ones. Based on By screen size the market can be categorized by Up to 10.9" Inch, 11" to 12.9" Inch, 13" to 14.9" Inch, 15.0" to 16.9" Inch, More than 17" Inch: 15.0" to 16.9" Inch is leading the market .Numerous students in APAC value affordability and portability, and the region is home to a sizable and expanding student population. Because laptops in this size range are frequently more affordable than larger models, a greater range of students can use them. This market niche includes educators, medical professionals, and field workers who need portable equipment for particular applications such as data collecting, patient monitoring, or presentations. In certain situations, the smaller dimensions and reduced weight work to the advantage. Price-based market segmentation includes the following: by up to USD 500, USD501 to USD 1000, USD 1001 to USD 1500, USD 1501 to USD 2000, above USD 2001. The demand for laptops is driven by the rapid growth of internet connectivity and the rise in digital literacy in APAC, making them indispensable tools for business, communication, education, and leisure. For individuals looking to upgrade from older, less powerful laptops or for those venturing into the digital world for the first time, the USD501 to USD1000 range offers a reasonable option. Laptops in this price range are easily accessible thanks to APAC's burgeoning e-commerce sector. Online platforms make themselves even more accessible to a larger user base by providing financing choices, discounts, and appealing deals.
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Laptop Market Market Regional Insights
Based on country report is majorly divided into various major countries, China, Japan, Australia, South Korea. The laptop has become popular due to its convenience. The Chinese market offers a wide range of laptop brands; some are authentic, while others are "real fakes" or "fake fakes." With their Intel ninth-generation CPUs, NAVIDA high-speed chips, architectural graphics, and ultra-thin body construction, gaming laptops have seen a major surge in sales, which has helped the Chinese laptop industry regain its significant volume. The advent of tablets and smartphones has threatened the demand for PCs among consumers in the past since they can fulfil the daily requirements of the majority of users, such as monitoring social media and making online purchases. It is highly likely that laptop sales in China will continue to rise in the future. The advent of ultraportable, high-performance laptops has caused the Chinese PC market to increase. Wang Jiping, associate vice president of IDC China, believes that ultraportable laptops will rise in popularity in China. A growing percentage of buyers prefer laptops that are quick to operate, lightweight, portable, and capable of handling both work and play. The e-sports sector is also propelling the Chinese laptop and PC market. Japan is a global leader and innovation in technology. In Japan, focus is on features, functionality, and straightforward designs. Although they seem simple, laptop designs are visually intriguing. It's reasonable to expect simple designs, angular shapes, and streamlined bodies. The expansion of the laptop market in Japan has been facilitated by advancements in technology, the growing demand from consumers for portable computers, and the increased utilization of laptops across diverse industries. Thanks to updated features and enhanced performance capabilities, laptops have become a necessary tool for students, workers, and anyone else seeking convenience and portability. Due to the growth of eSports and the availability of high-performance gaming laptops, gaming laptops are becoming more and more popular in Australia. Because Australian consumers desire more portable devices, small and light laptops are becoming more and more popular there. Growing sustainability concerns among Australian customers are driving demand for ethically and sustainably built PCs. Apple, Dell, and HP are the market leaders with a range of models to meet various consumer needs. Conversely, new brands are facing increased competition. Due to the COVID-19 epidemic, computers have become more and more necessary in both home and educational settings, driving up demand for them at all price points.
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Companies Mentioned
- Panasonic Corporation
- Samsung Electronics Co., Limited
- Lenovo Group Limited
- Huawei Technologies Co.Ltd
- Microsoft Corporation
- Dell Technologies
- Apple, Inc
- Xiaomi Corporation
- ASUSTeK Computer Inc
- The Hewlett-Packard Company
- Acer Inc
- Micro-Star International Co., Ltd
Table of Contents
- Table of Contents
- 1. Executive Summary
- 2. Research Methodology
- 2.1. Secondary Research
- 2.2. Primary Data Collection
- 2.3. Market Formation & Validation
- 2.4. Report Writing, Quality Check & Delivery
- 3. Market Structure
- 3.1. Market Considerate
- 3.2. Assumptions
- 3.3. Limitations
- 3.4. Abbreviations
- 3.5. Sources
- 3.6. Definitions
- 4. Economic /Demographic Snapshot
- 5. Global Denim Jeans Market Outlook
- 5.1. Market Size By Value
- 5.2. Market Share By Region
- 5.3. Market Size and Forecast, By Category
- 5.4. Market Size and Forecast, By Fitting Type
- 5.5. Market Size and Forecast, By End User
- 5.6. Market Size and Forecast, By Distribution Channel
- 6. Asia-Pacific Denim Jeans Market Outlook
- 6.1. Market Size By Value
- 6.2. Market Share By Country
- 6.3. Market Size and Forecast, By Category
- 6.4. Market Size and Forecast, By Fitting Type
- 6.5. Market Size and Forecast, By End User
- 6.6. Market Size and Forecast, By Distribution Channel
- 7. Market Dynamics
- 7.1. Market Drivers & Opportunities
- 7.2. Market Restraints & Challenges
- 7.3. Market Trends
- 7.4. Covid-19 Effect
- 7.5. Supply chain Analysis
- 7.6. Policy & Regulatory Framework
- 7.7. Industry Experts Views
- 7.8. China Denim Jeans Market Outlook
- 7.8.1. Market Size By Value
- 7.8.2. Market Size and Forecast By Category
- 7.8.3. Market Size and Forecast By Fitting Type
- 7.8.4. Market Size and Forecast By End User
- 7.8.5. Market Size and Forecast By Distribution Channel
- 7.9. Japan Denim Jeans Market Outlook
- 7.9.1. Market Size By Value
- 7.9.2. Market Size and Forecast By Category
- 7.9.3. Market Size and Forecast By Fitting Type
- 7.9.4. Market Size and Forecast By End User
- 7.9.5. Market Size and Forecast By Distribution Channel
- 7.10. India Denim Jeans Market Outlook
- 7.10.1. Market Size By Value
- 7.10.2. Market Size and Forecast By Category
- 7.10.3. Market Size and Forecast By Fitting Type
- 7.10.4. Market Size and Forecast By End User
- 7.10.5. Market Size and Forecast By Distribution Channel
- 7.11. Australia Denim Jeans Market Outlook
- 7.11.1. Market Size By Value
- 7.11.2. Market Size and Forecast By Category
- 7.11.3. Market Size and Forecast By Fitting Type
- 7.11.4. Market Size and Forecast By End User
- 7.11.5. Market Size and Forecast By Distribution Channel
- 7.12. South Korea Denim Jeans Market Outlook
- 7.12.1. Market Size By Value
- 7.12.2. Market Size and Forecast By Category
- 7.12.3. Market Size and Forecast By Fitting Type
- 7.12.4. Market Size and Forecast By End User
- 7.12.5. Market Size and Forecast By Distribution Channel
- 8. Competitive Landscape
- 8.1. Competitive Dashboard
- 8.2. Business Strategies Adopted by Key Players
- 8.3. Key Players Market Positioning Matrix
- 8.4. Porter's Five Forces
- 8.5. Company Profile
- 8.5.1. Levi Strauss & Co
- 8.5.1.1. Company Snapshot
- 8.5.1.2. Company Overview
- 8.5.1.3. Financial Highlights
- 8.5.1.4. Geographic Insights
- 8.5.1.5. Business Segment & Performance
- 8.5.1.6. Product Portfolio
- 8.5.1.7. Key Executives
- 8.5.1.8. Strategic Moves & Developments
- 8.5.2. Only The Brave, S.p.A
- 8.5.3. H & M Hennes & Mauritz AB
- 8.5.4. PVH Corp.
- 8.5.5. Giorgio Armani S.p.A
- 8.5.6. Kering SA
- 8.5.7. Bestseller A/S
- 8.5.8. Ralph Lauren Corporation
- 8.5.9. Lee Cooper
- 8.5.10. The Gap, Inc
- 8.5.11. LVMH Moet Hennessy Louis Vuitton SE
- 8.5.12. Capri Holdings Limited
- 9. Strategic Recommendations
- 10. Annexure
- 10.1. FAQ`s
- 10.2. Notes
- 10.3. Related Reports
- 11. Disclaimer
Table 1: Global Denim Jeans Market Snapshot, By Segmentation (2023 & 2029) (in USD Billion)
Table 2: Top 10 Counties Economic Snapshot 2022
Table 3: Economic Snapshot of Other Prominent Countries 2022
Table 4: Average Exchange Rates for Converting Foreign Currencies into U.S. Dollars
Table 5: Global Denim Jeans Market Size and Forecast, By Category (2018 to 2029F) (In USD Billion)
Table 6: Global Denim Jeans Market Size and Forecast, By Fitting Type (2018 to 2029F) (In USD Billion)
Table 7: Global Denim Jeans Market Size and Forecast, By End User (2018 to 2029F) (In USD Billion)
Table 8: Global Denim Jeans Market Size and Forecast, By Distribution Channel (2018 to 2029F) (In USD Billion)
Table 9: Asia-Pacific Denim Jeans Market Size and Forecast, By Category (2018 to 2029F) (In USD Billion)
Table 10: Asia-Pacific Denim Jeans Market Size and Forecast, By Fitting Type (2018 to 2029F) (In USD Billion)
Table 11: Asia-Pacific Denim Jeans Market Size and Forecast, By End User (2018 to 2029F) (In USD Billion)
Table 12: Asia-Pacific Denim Jeans Market Size and Forecast, By Distribution Channel (2018 to 2029F) (In USD Billion)
Table 13: Influencing Factors for Denim Jeans Market, 2023
Table 14: China Denim Jeans Market Size and Forecast By Category (2018 to 2029F) (In USD Billion)
Table 15: China Denim Jeans Market Size and Forecast By Fitting Type (2018 to 2029F) (In USD Billion)
Table 16: China Denim Jeans Market Size and Forecast By End User (2018 to 2029F) (In USD Billion)
Table 17: China Denim Jeans Market Size and Forecast By Distribution Channel (2018 to 2029F) (In USD Billion)
Table 18: Japan Denim Jeans Market Size and Forecast By Category (2018 to 2029F) (In USD Billion)
Table 19: Japan Denim Jeans Market Size and Forecast By Fitting Type (2018 to 2029F) (In USD Billion)
Table 20: Japan Denim Jeans Market Size and Forecast By End User (2018 to 2029F) (In USD Billion)
Table 21: Japan Denim Jeans Market Size and Forecast By Distribution Channel (2018 to 2029F) (In USD Billion)
Table 22: India Denim Jeans Market Size and Forecast By Category (2018 to 2029F) (In USD Billion)
Table 23: India Denim Jeans Market Size and Forecast By Fitting Type (2018 to 2029F) (In USD Billion)
Table 24: India Denim Jeans Market Size and Forecast By End User (2018 to 2029F) (In USD Billion)
Table 25: India Denim Jeans Market Size and Forecast By Distribution Channel (2018 to 2029F) (In USD Billion)
Table 26: Australia Denim Jeans Market Size and Forecast By Category (2018 to 2029F) (In USD Billion)
Table 27: Australia Denim Jeans Market Size and Forecast By Fitting Type (2018 to 2029F) (In USD Billion)
Table 28: Australia Denim Jeans Market Size and Forecast By End User (2018 to 2029F) (In USD Billion)
Table 29: Australia Denim Jeans Market Size and Forecast By Distribution Channel (2018 to 2029F) (In USD Billion)
Table 30: South Korea Denim Jeans Market Size and Forecast By Category (2018 to 2029F) (In USD Billion)
Table 31: South Korea Denim Jeans Market Size and Forecast By Fitting Type (2018 to 2029F) (In USD Billion)
Table 32: South Korea Denim Jeans Market Size and Forecast By End User (2018 to 2029F) (In USD Billion)
Table 33: South Korea Denim Jeans Market Size and Forecast By Distribution Channel (2018 to 2029F) (In USD Billion)
Figure 1: Global Denim Jeans Market Size (USD Billion) By Region, 2023 & 2029
Figure 2: Market attractiveness Index, By Region 2029
Figure 3: Market attractiveness Index, By Segment 2029
Figure 4: Global Denim Jeans Market Size By Value (2018, 2023 & 2029F) (in USD Billion)
Figure 5: Global Denim Jeans Market Share By Region (2023)
Figure 6: Asia-Pacific Denim Jeans Market Size By Value (2018, 2023 & 2029F) (in USD Billion)
Figure 7: Asia-Pacific Denim Jeans Market Share By Country (2023)
Figure 8: China Denim Jeans Market Size By Value (2018, 2023 & 2029F) (in USD Billion)
Figure 9: Japan Denim Jeans Market Size By Value (2018, 2023 & 2029F) (in USD Billion)
Figure 10: India Denim Jeans Market Size By Value (2018, 2023 & 2029F) (in USD Billion)
Figure 11: Australia Denim Jeans Market Size By Value (2018, 2023 & 2029F) (in USD Billion)
Figure 12: South Korea Denim Jeans Market Size By Value (2018, 2023 & 2029F) (in USD Billion)
Figure 13: Competitive Dashboard of top 5 players, 2023
Figure 14: Porter's Five Forces of Global Denim Jeans Market
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