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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.𓆏
In Q1 FY2022, the automotive output volume in India reached 4.51mn units. This figure was well below th♏e average production volume of 6.67mn units reached over the last six quarte⛦rs (from Q2 FY2020 to Q4 FY2021, excluding Q1 FY2021). On a ...
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Thailand has developed a modern consumer goods and retail sector rapidly over the past few decades, in t🍰andem with the country’s explosive economic growth. Thailand’s middle-class and affluent consumer base continues to increase ...
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In FY2019, the main growth driver of the Indian motor vehicle industry was a solid increase of domestic demand, which grew at a CAGR of 8.7% between F🉐Y2016 and FY2019. Domestic demand accounted for an average 85.6% of total output during ...
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In Q1 2021, the automotive sector in China witnessed strong growth in terms of production and sales compared to the same period of 2020 when COVID-19 ♌had a huge negative impact on the sector. The automotive production in Q1 2021 increased ...
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In the first quarter of 2021, C🍸hina’s retail sector witnessed a surg෴ing popularity of e-commerce and a further digitalisation of the retail industry. Alibaba and its major competitors JD.com ...
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In Q4 2020, the automotive sector in China continued to improve in terms of production and sales on the back of economic recovery and stronger market demand. The automotive productio💟n increased by 8.8% y/y to🔯 8.2mn units. Output of ...
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Indonesia is home to ASEAN’s largest market for two- and four-wheel vehicles and the second la🗹rgesꦓt motor vehicle producer. A number of global automotive brands have opened production sites in the country or plan to do so. ...
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The wholesale and retail trade sector is one of the main engines of economic growth in Indonesia. The sector generated 13% of the country’s GDP in 2020 with household consum🌳ption taking a 58% share in GDP. Almost 25mn people are ...
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Malaysia is the third-largest motor vehicle manufacturer and market (excluding motorcycles) in the ASEAN region💧, behind Thailand and Indonesia. The motor vehicle industry (including motorcycles) was dominated by ...
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The Indian consumer goods and retail sector staged a cautious revival in H2&nbs🅠p;2020 as consumers became inured to living with the world’s second most extensive COVID-19 outbreak. A sustained slide in COVID-19 cases from its peak in ...
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