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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. 🥃
Colombia is the fifth largest economy in Latin America in terms of nominal GDP, and the third largest in the region by population, with 50.9mn 💛🃏people as of December 2020. During 2015–2020, the wholesale, retail and repair sector ...
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The COVID-19 pandemic aggra🔜vated the fragile situation of the Argentine economജy, which experienced its third consecutive year of recession in 2020. In this context, motor vehicle production, domestic sales and export volumes dropped by 18.3%, 25.5% ...
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Chile is a relatively small economy, having the fifth largest GDP in Latin America in 2020. However, its retail secto𒁏r is well developed, m෴ature and sophisticated, and in many aspects on a par with those of developed countries. In 2020, the ...
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Mexico is the se𝔉cond-largest economy in Latin America and the second-biggest consumer market in the region, with a populat🅰ion of over 127mn people, as of December 2020. The domestic retail sector was negatively affected by COVID-19 and the ...
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In 2020, retail sales in Brazil rose by 1.2% y/y in volume terms, despite the negative effects of the COVID-19 pandemic and the contraction of the country’s GDP by 4.1% y/y. Tꦺhe🎐 overall positive performance of the retail sector was ...
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The COVID-19 pandemic severely impaired the operations of the Mexican automotive sector. It suffered f🎐rom disruptions to global supply chains, lockdown restrictions and dwindling demand, both in the domestic market and the US – the ...
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Brazil’s automotive sector was among the industries hit hardest by COVID-19. It suffer꧃ed from disruptions in global supply chains, lockdown restrictions and falling domestic vehicle sales. As exports also underperformed, mainly as a ...
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In 2020, retail sales in Brazil rose by 1.2% y/y in volume terms, despite the negative effects of the COVID-19 pandemic and the contraction of the country’s GDP by 4.1% y/y. The overall positive perfo💖rmance of the retail sector was supported by ...
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The third quarter of 2020 was marked by a recovery of retail trade in Brazil. According to the IBGE Monthly Trade Survey, nominal sales revenue expanded by 10ܫ.8% y/y – the fastest pace since the beginning of the survey. In real terms, ...
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The year 2019 was a challenging one for the global automotive indus🦄try, which reported a 5.2% y/y decrease in motor vehicle output, ending ten years of continuous g𓆏rowth. On the one hand, key markets reached maximum automobile ...
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