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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 vehicle😼s is also included in this sector.
Thailand’s population has generally enjoyed the fruits of increased wealth over the past few decades. The incidence of poverty has considerably diminished from more than 60% in 1988 to less thanಌ 10% by 2018. According to the Boston ...
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Following a challenging first quarter with a GDP🃏 decline of 6.8% y/y, the Chinese economy rebounded in Q2 2020, recording a 3.2% y/y growth. The upturn was largely attributed to effecti💟ve measures on pandemic prevention and control, as well ...
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Supported by a rebound of economic growth and an array of government policies to stimulate car consumption, the automotive sector in China witnessed🎐 double-digit growth both in production and sales during Q2 2020. The automotive production ...
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The continued economic recession in Argentina in 2019 pushed down the production and thꩲe sales of motor vehicles by 32.5% y/y and 42.8% y/y, respectively. Moreover, production figures were the lowest since 2004 and sales figures were the ...
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The Indian co🎃nsumer goods and retail sector has tremendous growth potential. Unorganised retailers still account for the vast majority of retail sales inౠ India, while modern retailers have only begun to scratch the surface of ...
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Mala𓃲ysian households increased their spending at a CAGR of 9.2% from 2015 to 2019, suggesting bro🌼adly growing domestic demand despite many Malaysian consumers grappling with stagnant wages. Malaysia depends on imported food to feed its ...
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The Asian region is home to some of the world’s biggest automotive brands, which has eve𝓡ntually resulted in the birth of local brands in soඣme of the countries. The Asian countries featured in this report – China, India, Thailand ...
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In Q4 FY2020, the automotive output volume in India reached♈ 5.62mn units. This performance was well below the average production volume of the last seven quarters (from Q1 FY2019 to Q3 FY2020), which averag♑ed 7.38mn units. On a quarterly basis, ...
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In 2019, Mexico consolidated its position as the world’s sixth-largest vehicle manufacturer, with an output of 3.95mn units. During the year, strong foreign demand – especially from the ꦉUS – was the major driving force for ...
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Colombia is🐷 the fourth largest economy in Latin America in terms of nominal GDP, and the third largest in the region by population, with 50.4mn people as of December 2019. During 2014-2019, the wholesale, retail and repair sector performed well, with ...
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