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China Consumer Goods and Retail Sector Report 2020 3rd Quarter

An EMIS Insights Industry Report
EMIS is an ISI Emerging Markets Group Company
Date: September 2020
Pages: 81
Available in: English

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 as to regulatory policies encouraging investment and business recovery. Nevertheless, retail sales declined by 3.9% y/y in the second quarter to RMB 9,368bn. The weaker sales were caused by the impact of COVID-19 and the social distancing measures, which affected sales of physical retailers and catering, in particularHowever, the pandemic provided a boost to e-commerce. Total online retail sales of consumer goods and services rose by 13.8% y/y to RMB 2,933bn in Q2 2020. Online sales of consumer goods alone surged by 22.4% y/y to RMB 2,495bn. Fresh food and grocery were some of the fastest growing e-commerce segments in the period and attracted new groups of consumers, such as elderly people, who previously used to shop at traditional supermarkets.

 

This report provides a complete and detailed analysis of the retail sector for China. EMIS Insights presents in-depth business intelligence in a standard format across countries and regions, providing a balanced mix between analysis and data.

What this report allows you to do:

  • Understand the key elements at play in the retail sector in China
  • Access forecasts for growth in the sector
  • View key consumer confidence, income and consumption data for the sector in China
  • Crystallise the forces both driving and restraining this sector in China
  • Build a complete perspective on sector trade, investment and employment
  • Ascertain trends in sales and market share for different types of product (e.g. food, consumer appliance, apparel and footwear, etc.)
  • Understand the competitive landscape and who the major players are
  • View M&A activity and major deals
  • Gain an understanding of the regulatory environment for the sector in China
  • Build a clear picture of sales and market share for different retail channels (e.g. department stores, hypermarkets and e-commerce).

 

See below for a complete table of report contents:

 

China Consumer Goods and Retail Sector Report 2020 3rd Quarter - Page 1
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SEE BELOW FOR A COMPLETE TABLE OF REPORT CONTENTS:

China Consumer Goods and Retail Sector Report 2020 3rd Quarter -  Page 3
China Consumer Goods and Retail Sector Report 2020 3rd Quarter -  Page 4
China Consumer Goods and Retail Sector Report 2020 3rd Quarter -  Page 14
China Consumer Goods and Retail Sector Report 2020 3rd Quarter -  Page 20
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