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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.
Activ🍸ities 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.
The COVID-19 pandemic aggravated the fragile situation of the Argentine economy, which experiencꦫed its third consecutive year of re﷽cession in 2020. In this context, motor vehicle production, domestic sales and export volumes dropped by 18.3%, 25.5% ...
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In FY2019, the main growth driver of the Indian motor vehicle indust🗹ry was a solid increase of domestic demand, which grew at a CAGR of 8.7% between FY2016 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 ℱ;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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Chile is a relatively small economy, having the fifth largest GDP in Latin America in 2020. However, its retail sector isꦚ well developed, mature and sophisticated, and in many aspects on a par with those of🍨 developed countries. In 2020, the ...
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In the first 💯quarter of 2021, China’s retail sector witnessed a surging popularity of e-commerce and a further digitalisation of the retail industry. Alibaba and its major competitors JD.com ...
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Mexico is the second-largest economy 𒁏in Latin America and the second-biggest consumer market in the region, with a population of over 127mn people, as of December 2020. The domestic retail sector was negatively affected by COVID-19 and the ...
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In Q4 2020, the automotive sector in China continued to improve in terms of prod൩uction and sales on the back of economic recovery and stronger market🍷 demand. The automotive production increased by 8.8% y/y to 8.2mn units. Output of ...
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In 2020, retail saleꩲs in Brazil rose by 1.2% y/y in volume terms, despite the negative effects of the COVID-19 pandemic and the c꧟ontraction of the country’s GDP by 4.1% y/y. The overall positive performance of the retail sector was ...
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Indo𝓡nesia is🐭 home to ASEAN’s largest market for two- and four-wheel vehicles and the second largest 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 COVID-19 pandemic severely impaired the operations of the Mexicaไn autౠomotive sector. It suffered from disruptions to global supply chains, lockdown restrictions and dwindling demand, both in the domestic market and the US – the ...
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