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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 𓆏personal care products, jewellery, toys and sporting goods. It also covers𝓀 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.
Total hꦛousehol꧋d expenditures in Malaysia have been growing at a CAGR of 9.4% from 2014 to 2018, reflecting a still-growing consumer goods and retail sector despite a turbulent political environment that saw Malaysia’s first change of government ...
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China is the world’s largest retail market✤ and a global leader in e-comme✅rce. As the country makes its transition from a manufacturing-based economy to a service-oriented one, the government’s priority has become that of ...
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The automotive production in China slumped by 9.8% y/y in Q1 2019 amid weaker economic growth and a continuous decline in the domestic auto♌motive market. In Q1 2019, China produced 6.3mn cars compared to 7.02 mn in the same quarter o💙f the previous ...
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In Q4 2018, the sales of motor vehicles in China were 7.6mn units, representing a decline of 13% y/y. Commercial vehicle sales remained relatively flat with a 0.9% y/y growth in Q4 2018, but the sales of passenger cars c🐠ontracted by 15% y/y. ...
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In terms of vehicle numbers, automotive production in India in Q1 FY2020 &ndash⛦; i.e. in April, May and June 2019 – saw a continuation of the slowdown registered in the second half of FY2019, when sector performance was hit hard by declining ...
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A home to the largest automotive market in Southeast Asia, Indonesia has gradually evolved to become one of the largest motor-vehicle producers in the region. The transport equipment sector is an important pillar of Indonesia’s manufa💯cturing, ...
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In the first quarter of 2019, total retail sales of consumer goods in China rose by 8.3% y/y to RMB 9,779bn, following a 3.5% y/y increase in the last quarter of 2018. The improved perf🌼ormance was attributed to higher retail sales, a result of higher ...
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In Q2 2019, China’s economy 🥃slowed down, growing by 6.2% y/y, a record low in 27 years. However,&nbs🧔p;total retail sales of consumer goods rose by 8.6% y/y in Q2 2019 to RMB 9,742bn, driven by growing incomes, higher spending and the ...
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China is the world’s largest retail market and a global leader in e-commerce. As the country makes its transition from a manufacturing-based economy to a service-oriented one, the government’s priority has become that of ensuring stable💟 ...
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China’s retail sector continued to grow in Q2 2018, although𝔍 the pace of growth slowed down to 3.7% y/y. The sector was driven by strong domestic consumption which contributed 78.5% ⛎to the country’s economic growth in the first half of ...
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