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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 aꦡssociated 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.
Chile is a relatively small economy – the 🐬41st largest in the world and the fifth-biggest in Latin America in 2017, according to the Worl🌟d Bank. However, its retail sector is well developed, mature and sophisticated, and in many aspects on par ...
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Colombia is the fourth-largest economy in Latin America in terms of nominal GDP, and the third largest country in the region by population, with 48.7mn people as of De♏cem🦋ber 2016. Over the period 2011-2016, the trade sector performed well, with ...
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Mexico is the second-largest economy in Latin America in terms of nominal GDP, and thereby a key consumer market in the region, with a population of over 122.8mn people, as of December 2016. Over the period 2011𝐆-2016, the trade sector performed well, ...
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Given its strong positive correlation with the overall economy, retail was one of the sectors most severely hit by the economic recession in Bra𝓀zil over the 2015-2016 period, which was marked by a deteriorating job market, falling wages, persistently ...
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Peru is the sixth largest economy in South America in terms of nominal GDP, as well as an emergingconsumer market with a population of over 3🅺1.5mn people as of December 2016. During 2011–2016, thetrade sector performed well with gross value ...
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Argentina is the second-largest economy in Sout🦄h America after Brazil in term꧂s of nominal GDP. It is an important consumer market with a population of over 43.6mn people, as of December 2016. During the period 2011–2016, the trade sector ...
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Chile’s is a relatively small economy &nd🌌as🍃h; 42nd-largest in the world and sixth-biggest economy in Latin America in 2016, according to the World Bank. However, its retail sector is well developed, mature and sophisticated, and in many aspects ...
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