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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. ♏
In FY2019, the Indian automotive industry registered new record high volumes in output and domestic sales. However, the economic deceleration in FY202ꦉ0 ended the growing trend of the industry which was partially compensated by a new record high in ...
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In the third quarter of 2021, China’s retail sales of consumer goods reached RMB 10,615bn, wh🃏ich represented a y/y increase of 5%. The strong performance of the retail sector was mainly attributed to the higher income of the country‘s ...
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China’s automotive sector experienced a further decline in production and sales in Q3 2021—caused by shortages in car chips, which 🔯led manufacturers to curtail automotive production. Meanwhi𓄧le, the costs of raw materials (including ...
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In FY2019, the Indian automotive industry registered new record high volumes in output and domestic sales. However, the economic deceleration in FY2020 ended the growing trend of the industry which was partially compensated 🙈by a new recor🐻d ...
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Thailand is the largest producer of four-wheel v꧑ehicles in the ASEAN region and the 11th largest vehicle producer in the world. Additionally, the Thai four-wheel vehicle market is the second-largest in ASEAN and the 🦄17th-largest market in ...
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In the second quarter of 2021, the sales revenue of China’s retail sector reached RMB 10,668bn, representing a y/y increase of 13.9%. Compared t🌱o the second quarter of 2019, before the coronavirus crisis, this indicator ...
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