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 manufacturing industry in the Philippines is the top contributor to the country’s economic growth, and the food and beverage (F&B) sector is among the largest contributors within the manufacturing industry. The F&B sector accounted ...View more details
The food and beverage industry is one of the largest sectors in the Colombian economy, responsible for 3.4% of the country’s GDP in 2018. Between 2013 and 2018, the sector’s GVA rose at a CAGR of 2.1%, supported by growing domestic demand ...View more details
The acceleration of economic activity, driven to a large extent by higher household consumption, was the main driver of the food and beverage sector in 2017. The sector’s production value grew by 4.9% y/y to HUF 2,981.7bn. Food manufacturing, ...View more details
Russia’s food and beverage sector has a minor share in this oil-dependent economy, generating just 1.7% of the GDP in 2018. The sector employed 840,000 people, equal to 2.5% of the country’s workforce and earned 5.5% of the export revenue ...View more details
China’s healthcare sector continued to grow in Q4 2018, largely stimulated by the expansion of online healthcare services. The growth was attributed to increasing demand for quality healthcare, driven by the country’s strong economic ...View more details
The revenue of China’s food sector registered a slight increase of 1.9% y/y to RMB 461.4bn in the last quarter of 2018. The revenue in 2018 slumped by 17.1% y/y to RMB 1,834.8bn, mainly due to an 8.1% decline in pork prices. The total profit of ...View more details
China produces one-third of the world’s meat, a quarter of the its fruit and one-fourth of its beer. It accounts for one half of global consumption of vegetables and a third of the baijiu consumed in the world. It is also the world’s ...View more details
The revenue of China’s beverage sector continued to decline in 2018, mainly due to decreased sales of soft drinks and baijiu. Beverage retail sales in Q4 2018 were down by 1.6% y/y to RMB 53.2bn, and in the full 2018 they fell by 10.3% y/y to ...View more details
India’s textile sector is the country’s oldest manufacturing industry. Textiles and apparel contributed 2.1% of India’s GDP, 12.65% of its manufacturing, and 12% of its exports in FY2018. Textiles is second only to agriculture in ...View more details
The world’s fourth-most populous nation and the largest economy in the ASEAN region, Indonesia offers strong growth opportunities for investors in the food and beverage sector. The sector, which generated 6.1% of the country’s GDP in 2017 ...View more details