City Profile - Taipei; Comprehensive overview of the city, PEST analysis and analysis of key industries including technology, tourism and hospitality, construction and retail
City Profile %li%Taipei; Comprehensive overview of the city, PEST analysis and analysis of key industries including technology, tourism and hospitality, construction and retail
Summary
“City Profile %li%Taipei” provides historical and forecast data on key city level metrics along with analytical coverage of the latest political, economic, social, technological, infrastructural, legal and environmental issues affecting Taipei. The report contains detailed tourism, retail, construction, technology and public infrastructure data and insight into economic, social, and industry trends.
In 2023, Taipei, Taiwan's capital and key hub, contributed 10.8% to the nation's GDP with a 1.1% economic growth, down from 2.6% in 2022. As the pandemic's impact wanes, domestic consumption increased due to a strong job market and higher wages. The service sector thrived, and electronics demand rebounded, supported by high-speed computing and AI advancements.
Scope
Summary
“City Profile %li%Taipei” provides historical and forecast data on key city level metrics along with analytical coverage of the latest political, economic, social, technological, infrastructural, legal and environmental issues affecting Taipei. The report contains detailed tourism, retail, construction, technology and public infrastructure data and insight into economic, social, and industry trends.
In 2023, Taipei, Taiwan's capital and key hub, contributed 10.8% to the nation's GDP with a 1.1% economic growth, down from 2.6% in 2022. As the pandemic's impact wanes, domestic consumption increased due to a strong job market and higher wages. The service sector thrived, and electronics demand rebounded, supported by high-speed computing and AI advancements.
Scope
- The service sector mainly drives the economic growth of Taipei city, accounting for 59.2% of the total GDP in 2023
- Since Taiwan lifted its pandemic related restrictions and reopened its borders in October 2022, the number of foreign tourists visiting the city has steadily risen. The Tourism Bureau anticipates that the introduction of free travel to Hong Kong and Macau, along with plans to reopen to mainland Chinese tourists, will further boost tourism. Following the relaxation of pandemic restrictions in Japan, South Korea, Taiwan, and Hong Kong in H2 2022, Taiwan's tourism, aviation, and catering industries have started to recover. The full reopening of mainland China in January 2023 spurred consumer spending, revitalizing tourism and related services in the city and bringing the tourism industry back to pre-pandemic levels
- Gain a comprehensive knowledge of future economic and demographic trends and understand the performance of various sectors within the city.
- Analyze and understand the business environment in the city to align your investment and expansion strategies.
- The report helps to drive a conclusion in choosing a suitable city to invest or expand according to your business structure.
- Explore new opportunities in the hospitality, tourism, construction, real estate and retail sectors.
1. CITY SNAPSHOT
2. PEST ANALYSIS
2.1 Political
2.2 Economic
2.3 Social
3. TECHNOLOGY AND INFRASTRUCTURE
3.1 Communications
3.2 Internal Transport Networks
3.3 Connectivity
3.4 Airport
4. BUSINESS ENVIRONMENT ANALYSIS
5. TRAVEL AND TOURISM
5.1 Tourism Flows
5.2 Hotels
5.3 Attractions
5.4 Events
6. CONSTRUCTION AND REAL ESTATE
6.1 Investment
6.2 Real Estate Market
7. RETAIL
7.1 Retail Market
7.2 Consumption, Income and Prices
About MarketLine
Contact Us
2. PEST ANALYSIS
2.1 Political
2.2 Economic
2.3 Social
3. TECHNOLOGY AND INFRASTRUCTURE
3.1 Communications
3.2 Internal Transport Networks
3.3 Connectivity
3.4 Airport
4. BUSINESS ENVIRONMENT ANALYSIS
5. TRAVEL AND TOURISM
5.1 Tourism Flows
5.2 Hotels
5.3 Attractions
5.4 Events
6. CONSTRUCTION AND REAL ESTATE
6.1 Investment
6.2 Real Estate Market
7. RETAIL
7.1 Retail Market
7.2 Consumption, Income and Prices
About MarketLine
Contact Us
LIST OF TABLES
Table 1: Taipei city - key facts (estimates), 2023
Table 2: Taipei city- real GDP and real GDP growth, 2000-30
Table 3: Taipei city- economic growth comparison (Index 2010=100), 2000-30
Table 4: Taipei city- GDP per capita comparison, 2000-30 ($)
Table 5: Taipei city- employment structure, 2000-30 (% of total)
Table 6: Taipei city - main universities, 2023
Table 7: Taipei city - population comparison, 2000-30 (million)
Table 8: Taipei city - population by age, 2000-30 (% of total)
Table 9: Taipei city - mass transit network indicators, 2023
Table 10: Taipei city - Taiwan Taoyuan International Airport, key airport indicators, 2019-24*
Table 11: Taipei city - Taipei Songshan Airport, key airport indicators, 2019-23
Table 12: Taiwan - international arrivals by country of residence, 2019-23 (number)
Table 13: Taipei city - hotel KPIs, 2019-23
Table 14: Taiwan - total visitor nights and average length of stay, 2019-23
Table 15: Taipei city - MICE and other events
Table 1: Taipei city - key facts (estimates), 2023
Table 2: Taipei city- real GDP and real GDP growth, 2000-30
Table 3: Taipei city- economic growth comparison (Index 2010=100), 2000-30
Table 4: Taipei city- GDP per capita comparison, 2000-30 ($)
Table 5: Taipei city- employment structure, 2000-30 (% of total)
Table 6: Taipei city - main universities, 2023
Table 7: Taipei city - population comparison, 2000-30 (million)
Table 8: Taipei city - population by age, 2000-30 (% of total)
Table 9: Taipei city - mass transit network indicators, 2023
Table 10: Taipei city - Taiwan Taoyuan International Airport, key airport indicators, 2019-24*
Table 11: Taipei city - Taipei Songshan Airport, key airport indicators, 2019-23
Table 12: Taiwan - international arrivals by country of residence, 2019-23 (number)
Table 13: Taipei city - hotel KPIs, 2019-23
Table 14: Taiwan - total visitor nights and average length of stay, 2019-23
Table 15: Taipei city - MICE and other events
LIST OF FIGURES
Figure 1: Taipei city- real GDP and real GDP growth, 2000-30
Figure 2: Taipei city- economic growth comparison (Index 2010=100), 2000-30
Figure 3: Taipei city- GDP per capita comparison, 2000-30
Figure 4: Taipei city- employment structure, 2000-30 (% of total)
Figure 5: Taipei city - population comparison, 2000-30
Figure 6: Taipei city - population by age, 2000-30 (% of total)
Figure 1: Taipei city- real GDP and real GDP growth, 2000-30
Figure 2: Taipei city- economic growth comparison (Index 2010=100), 2000-30
Figure 3: Taipei city- GDP per capita comparison, 2000-30
Figure 4: Taipei city- employment structure, 2000-30 (% of total)
Figure 5: Taipei city - population comparison, 2000-30
Figure 6: Taipei city - population by age, 2000-30 (% of total)
