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.
Proximity to Western European markets, low-cost skilled labour and favourable investment environment have turned Emerging Europe into a preferred location for major automotive producers and helped the region claim an increasing share of the global ...View more details
India is one of the global leaders in the food and beverage industry, with prominent positions in the production of dairy, meat products, refined sugar and spirits. The gross value added (GVA) of the food and beverage sector expanded at a CAGR of 4 ...View more details
Turkey’s automotive sector recorded solid growth in 2017, with production and exports hitting new record highs for the third straight year. The surge was supported by increased investments, with local automotive manufacturers expanding their ...View more details
The automotive industry in Russia has a relatively small share in the country’s economy and employment. The sector generates less than 1% of Russia’s gross domestic product (GDP) and provides employment to about 600,000 people, or less ...View more details
China textile sector’s revenue in the third quarter of 2018 plunged by 32.5% y/y to RMB 708.5bn, due to decreased sales of textiles. The production of textiles continued to decline in Q3 2018 because of increasingly stringent environmental ...View more details
In Q3 2018, total retail sales of consumer goods in China rose by 3.8% y/y to RMB 9,428bn, following a 3.7% y/y increase in Q2. Higher retail sales were fuelled by rising incomes and higher consumption expenditure per capita, which rose by 7.9% y/ y ...View more details
China food sector’s revenue in the third quarter of 2018 slumped by 27.5% y/y to RMB 406.1bn, mainly due to declined prices of meat and refined edible vegetable oil. Meat prices in the first nine months of 2018 slipped by 5.3% y/y because of a ...View more details
China is the largest alcoholic beverage producer and consumer in the world, consuming one-third of the world’s spirits and a quarter of the world’s beer. Its beer production ranked first in the world for 14 consecutive years and the ...View more details
The revenue of China’s automotive sector in Q3 2018 dropped by 10.3% y/y to RMB 1,895.1bn, mainly due to declined sales of automobiles. In Q3 2018, automotive sales fell by 6.5% y/y to 6.4mn units following the slowdown of the Chinese economy ...View more details
The automotive industry is a strategic sector for the Romanian economy. In 2016, the manufacture of motor vehicles and other transport equipment (which includes the production of both vehicles and car components) generated 3% of total gross value ...View more details