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.
Thailand is the world's 51st-largest country by area, the 20th-biggest by population, and the 28th-largest in terms of the size of its economy. Its food and beverages sector, among the most developed in the world, is the country’s third-largest ...READ MORE
Asia enjoys excellent positions in the global automotive market, as it is among the world’s largest vehicle producers and consumers. Six Asian countries – China, India, South Korea, Thailand, Malaysia, and Indonesia – accounted for ...READ MORE
Malaysia is the third largest manufacturer and market for motor vehicles, excluding motorcycles, in the ASEAN region, behind Thailand and Indonesia. The motor vehicle industry, including motorcycles, is dominated by passenger vehicles, which ...READ MORE
The importance of the food manufacturing industry has always been crucial for the Polish economy's history and this has not changed nowadays: in 2016, the food sector's GVA was 2.7% of Poland’s total GVA and 2.39% of the country’s GDP, ...READ MORE
The beverages sector was responsible for around 3.3% of the GDP in 2017 and generated more than 300,000 direct and indirect jobs. Enterprises from the sector that employ more than nine persons each have a combined workforce of 22,000 people. Poland ...READ MORE
Chile is a relatively small economy – the 41st largest in the world and the fifth-biggest in Latin America in 2017, according to the World Bank. However, its retail sector is well developed, mature and sophisticated, and in many aspects on par ...READ MORE
The importance of the retail sector for the Polish economy is tremendous. The sector employs around 18% of the country's workforce and in 2017 the value of retail sales was equal to over 40% of Poland's GDP. The sector is becoming more and more ...READ MORE
The revenue of China’s textile sector in the second quarter of 2018 plummeted by 25.7% y/y to RMB 818.8bn, due to decreased sales of textiles. With the stringent environmental protection policies of the Chinese government toward some of the ...READ MORE
China’s retail sector continued to grow in Q2 2018, although 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 ...READ MORE
China’s automotive sector revenue in Q2 2018 experienced a slight drop of 0.8% y/y to RMB 2,077.8bn, mainly due to lower prices. At the beginning of 2018, the Ministry of Finance cancelled preferential policies on vehicle purchase tax and this ...READ MORE