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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 go𓂃ods, 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 establishme🃏nts. Retail sale of fuels and vehicles is also included in this sector.
In Q3 FY2021, the automotive output volume in India (excluding🔯 commercial vehicles) reached 7mn units. On a quarterly basis, production increased by 8.3% in Q3 FY2021 (up from 6.5mn units in Q2 FY2021, excluding commercial vehicles). Along this ...
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Following a challen🌞ging first half of 2020, China’s economic growth improved in the second half of the year with&nb📖sp;GDP rising by 6.5% y/y in the last quarter of 2020. Attributed to an improved control of the COVID-19 pandemic, rising ...
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Thailand is the largest producer of four-wheel vehicles in the ASEAN region and the 11th largest vehicle producer in the world. Additional✱ly, the Thai four-wheel vehicle market is the second-largest in ASEAN and the 17th-largest market in ...
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In 🀅Q2 FY2021, the automotive output volume in India (excluding commercial vehicles) reached 6.5mn units. On a quarterly basis, pr൩oduction increased by 353.1% q/q in Q2 FY2021 (up from 1.4mn units ...
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In Q3 2020, the automotive sector in China continued to improve in terms of production and sales on the back of economic recovery. The automotive production increased by 14.1% y/y t🤪o 6.8mn units. Output of passenger car and commercial ...
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While China is recapping its achievements at the end of the 13th Five-Year Plan (FYP) in 2020, it is also gettin📖g prepared to enter the next stage of development and at the same time dealing with the impact of the COVID-19 pandemic that abruptly ...
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Following ♕a challenging first half of 2020, Chinese economic growth improved in the third quarter of the year. The GDP increase of 4.9% y/y registered in the period was mainly attributed to the recovery of domestic consumer market and the .ﷺ..
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Over the past decade, the consumer good💟s and retail sector in the Philippines showed excellent performance that was generally the result of the decent economic growth rate. Growth in the county has been underpinned by the economic ...
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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 atꦜ a CAGR of 8.7% between FY2016 and FY2019. Domestic demand accounted for an average 85.6% ...
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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 1988꧙ to less than 10% by 2018. According to the Boston ...
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