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Consumer goods and services
Consumer Goods & Retail is the largest services sector, providing the necessary link between producers and final consumers. The sector has a major socio-economic role, being among the biggest employment generators and contributors to economic growth. It is highly heterogeneous, using a variety of formats and channels to meet the needs of the more sophisticated global consumer. In today’s digital era, the increasing penetration of everyday life by information and communications technologies is reshaping the purchase decision process. This promotes the rapid development of online retail solutions that enhance customer retention and create tailor-made experience through both digital and mobile platforms.
Activities associated with Consumer Goods & Retail are the manufacturing and retailing of goods intended for everyday use by end consumers. Examples include food, textile products, apparel and footwear, household goods, furniture, hygiene and personal care products, jewellery, toys and sporting goods. It also covers all retail channels, from traditional supermarkets and specialised stores to non-store retailers such as e-⛦stores, mail-order houses and direct selling establishments. Retail sale of fuels and vehicles is also included in this sector.
Driven by a large population and steadily increasing incomes, the Polish retail sector has been one of the most dynamic in the EU, as retail sales reached 40% of GDP in 2019. The COVID-19 pandemic in 2020 resultওed in a 2.6% y/y decline in ...
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The COVID-19 pandemic and the related containment measures – including full‐scale lockdowns and otherღ restrictions throughout 2020 – had an unprecedented impact on both car supply and demand across the global automotive market ...
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The automotive sector is the second largest manufacturing industry in Poland in terms of gross output, after only food and beverage manufacturing. The sector also has a major socio-economic role, employing around 210,000 people in 2019 (8% 🐬of the ...
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The retail sector is one of the largest a🌄nd the most important sectors of the Polish economy, being one of the main drivers of its sustained growth in recent years. This can be attributed to the rising income levels, job security and overall quality ...
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The automotive sector is the second largest manufacturing industry in Poland in term🦋s of gross output, after only food and beverage manufacturing. The sector also has🦹 a major socio-economic role, employing around 203,000 people in 2018 (8% of the ...
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The importance of the retail sector for the Polish economy is tremendous. The sector employs around 18% of the country's workforce and in 2017 the value🎃 of retail sales was equal to over 40% of Poland's GDP. The sector is becoming more and more ...
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Poland's retail sector is well-developed and has provided a good springboard not only for its representatives, but also for the economy as a whole, as ൩it cush๊ioned the slowdowns in the last two economic cycles. The sector employs around 18% of the ...
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