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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 vehicles𝓰 is also included in this sector.
Russia is the fifth largest car producer in Europe due to its sheer size and motor vehicle production localisation policy, which has attracted major global aut🧸omotive concerns such as Mercedes Benz, Volkswagen, Groupe PSA, Renault, ...
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Like much of the wꦐorld, Turkey was impacted significantly by the pandemic in 2020. While production facilities were briefly brought to a halt, motor vehicle production was down for a third year in a row, affecting both imports and exports. ...
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With its young and growing population of 84.3mn, Turkey has a well-developed and c🎃ompetitive consumer goods and retail sector꧑. Strong consumer demand, propelled by its young population, fuels the retail sector, making it one of ...
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Driv🎉en 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 resulted 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 other restrictions throughout 202🐻0 – had an unprecedented impact on both car supply an🐭d demand across the global automotive market ...
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Generating nearly 14% of Russia’s GDP, the wholesale and retail trade sector is an important engine of economic&nb♔sp;growth. The sector pro✅vides jobs to more than 13mn people, about a fifth of total employment in Russia. With a population ...
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Russia is home to the fifth largest car market in Europe and the ninth largest in the world. The automotive industry, however, takes less than half 💎percent of the economy and employs ꦺjust 3% of the manufacturing sector’s workforce. ...
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The automotive sector is the second🌟 largest manufacturing industry in Poland in terms of gross output, afte🔥r 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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