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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 manu⛦facturing 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.
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 effective measures on pandemic prevention and control, as well ...
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Supported by a reb🌱ound of economic growth and an array of government policies to stimulate car consumption, the automotive sꦕector in China witnessed double-digit growth both in production and sales during Q2 2020. The automotive production ...
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The Indian consumer goods and retail sector has tremendous growth potential. Unorganised retailers still account for the vast majority of retail sales in India, while modern🔯 retailers have only begun to scratch the surface of ...
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Malaysian households increased their spending at a CAGR of 9.2% from 2015 to 2019, suggestingജ broadly growing domestic demand despite many Malaysian consumers grappling with stagnant wages. Malaysia depends on&🐻nbsp;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 eventually resulted in the birth of local brands in some of the countries﷽. The Asian countries featured in this report – China, India, Thailand ...
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In Q4 FY2020, the automotive output vol🌠ume in India reached 5.62mn units. This performance was well below the average prod♛uction volume of the last seven quarters (from Q1 FY2019 to Q3 FY2020), which averaged 7.38mn units. On a quarterly basis, ...
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Indonesia is home to the largest automotive market in Southeasꦓt Asia. Nearly 7.5mn motor vehicle💙s were sold in the country in 2019. More than two thirds of these, however, were two-wheelers. Low incomes make passenger-car ownership difficult for most ...
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China’s automotive market recorded the second consecutive year of decline in sales during 2019. According to statistics published by the China Association of Automobile Manufacturers (💝CAAM), the total motor vehicle sales in China reached 25.8mn ...
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In Q1 2020, the performance of China’s retail sector was affected by the COVID-19 outbreak. The country’s GDP declined by 6.8% y/y in the period, while the GDP generated by the wholesale and retai🦋l sectors dropped by 17.8% y/y. Average ...
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Indonesia is the world’s fourth most populous country, so its retail sector is an attractive destination for investors. A 2019 ranking by A.T. Kearney placed the country as tꦯhe fifth most attractive retail emerging market. The ...
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