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Consumer goods and services
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 largest producer of four-wheel vehicles in ASEAN, Thailand has positioned itself as a regional production and export hub. The strength of the Thai automotive industry lies in the long-standing presence of Japanese motor vehicle manufacturers, ...
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In 2023, Malaysia continued to consolidate its position as the third-largest four-wheel motor vehicle manufacturer (behind Thailand and Indonesia) and the second-biggest four-wheel motor vehicle market (behind Indonesia) in the ASEAN region. ...
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Four-wheel motor vehicle production in ASEAN (particularly Thailand, Indonesia, Malaysia, the Philippines, Vietnam and Myanmar) dropped by 31.6% y/y in 2020 due to the negative effects of the COVID-19 pandemic. However, output saw a strong rebound in ...
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In Q2 2024, sales of new motor vehicles in Brazil stood at 629,402 units, increasing by 19.5% y/y and by 22.3% against Q1 2024. Passenger cars were the leading category with a market share of 75% in Q1 2024, followed by light commercial vehicles and ...
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China's automotive sector continued to rank first globally in terms of production and sales in 2023. According to the statistics published by the China Association of Automobile Manufacturers (CAAM), the country's total motor vehicle output and sales ...
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In Q1 2024, sales of new motor vehicles in Brazil stood at 514,571 units, increasing by 9.1% y/y but falling by 24.2% against the previous quarter. Passenger cars were the largest segment with a market share of 73.2% in Q1 2024, followed by light ...
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Brazil is one of the largest motor vehicle manufacturers and leading automotive markets in the world. The Brazilian motor vehicle industry specialises in the production of passenger cars, with the domestic market the main focus. However, the industry ...
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The automotive sector in Central and Eastern Europe (CEE) remained resilient through 2023 and early 2024, overcoming new global and regional challenges. By mid-2024, it had not only regained pre-pandemic production and sales levels but also entered a ...
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China's automotive sector continued to rank first globally in terms of production and sales in 2023. According to the statistics published by the China Association of Automobile Manufacturers (CAAM), the country's total motor vehicle output and sales ...
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