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 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 oil and gas sector, one of the most important economic sectors in Malaysia, accounted for 11.3% of the country’s GDP in 2015. In that year, the state oil company, Petronas, contributed a total of MYR 26bn in dividends to the Malaysian ...READ MORE
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As China has grown to become the world's biggest economy, the production, imports and consumption of natural gas have turned into a crucial component of the country's growth and energy needs, especially given the government’s increasing ...READ MORE
The oil and gas sector in Brazil has emerged as one of the country’s driving forces since 1995, when the monopoly of state-run Petroleo Brasileiro (Petrobras) was ended. Following this liberalisation, the sector’s share in Brazil’s ...READ MORE
China is the world’s second largest pharmaceutical market, after the U.S., and the largest producer and exporter of active pharmaceutical ingredients (APIs) globally. Since it is the world’s most populous country, with a large ageing ...READ MORE
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The Thai retail sector is highly dynamic. Over the past years, modern retailing has almost supplanted traditional retail as the preferred way for Thai consumers to purchase their goods. The convenience store retail format is particularly popular in ...READ MORE
Oil and gas is the 13th biggest sector of Mexican economy, accounting for 2.3% of the country’s GDP, 0.3% of the employment, 6.1% of national exports and 21% of government revenues in 2015. For the last 78 years, the sector has been dominated ...READ MORE