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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 go🧸ods, 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.
Brazil’s automotive sector was among the industries hit hardest by COVID-19. It suffe🍌red from disruptions in global supply chains, lockdown restrictions and falling domestic vehicle sales. As exports also underperformed, mainly as a ...
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The wholesale and retail trade sector is one of the main engines of economic growth in Indonesia. The sector generated 13% of the country’s GDP in 2020 with household consumption taking a 58% share in GDP. Almost&🍷nbsp;25mn people are ...
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Malays𝕴ia is the third-largest motor vehicle manufacturer and market (🥀excluding motorcycles) in the ASEAN region, behind Thailand and Indonesia. The motor vehicle industry (including motorcycles) was dominated by ...
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The Indian consumer goods and retail sector staged a cautious revival in H2 2020 as consumers became inured to living with the world’s second most extensive 🐟COVID-19 outbreak. A sustained sliཧde in COVID-19 cases from its peak in ...
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In 2020, retail sales in Brazil rose by 1.2% y/y in volume terms, dౠespite the negative effects of the COVID-19 pandemic and the contraction of the country’s GDP by 4.1% y/y. The overall positive performance of the retail sector was supported by ...
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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 ve🧔hicles). Along this ...
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The COVID-19 pandemic and the r🐻elated containment measures – including full‐scale lockdowns and other restrictions throughout 2020 – had an unprecedented impact on both car supply and demand across the global automotive market ...
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Following a challenging first half of 2020, China’s economic 🧸growth improved in the second half of the year with GDP rising by 6.5% y/y in the last quarter of 2020. Attributed to an improved control of the COVID-19 pand෴emic, rising ...
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Thailand is the largest producer of four-wheel vehicles in the ASEAN region and the 11th largest vehicle producer i﷽n the world. Additionally, the Thai four-wheel vehicle market is the second-largest in ASEAN and the 17th-largest market𒐪 in ...
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Generating nearly 14% of Russ🅺ia’s GDP, the wholesale and𓄧 retail trade sector is an important engine of economic growth. The sector provides jobs to more than 13mn people, about a fifth of total employment in Russia. With a population ...
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