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.
Chile’s is a relatively small economy – 42nd-largest in the world and sixth-biggest economy in Latin America in 2016, according to the World Bank. However, its retail sector is well developed, mature and sophisticated, and in many aspects ...READ MORE
The wood, paper and furniture industry is one of the key ones in the Polish economy, generating around 6.5% of the country’s GDP. The sector’s exports constitute around 11% of the country's total exports and are of major importance - ...READ MORE
Russia is the ninth most populous country in the world and is among the largest consumer markets on a global scale. It is a commodity dependent economy as trade contributes about 20% to the country’s GDP. In recent years the retail sector in ...READ MORE
China is the world’s second-largest retail market and a global leader in e-commerce. Despite the slowdown of China’s economy, the sector offers bright prospects, particularly due to the rising spending power of Chinese consumers. In 2016, ...READ MORE
Thailand is the second-largest economy in Southeast Asia and has a voracious demand for oil and gas. Over 75% of the country’s power generation is based on natural gas. Its oil and gas reserves are falling amid rising domestic petroleum ...READ MORE
Russia is a major producer and exporter of oil and natural gas. The country holds the world’s largest proven natural gas reserves (25% of the total) and ranks seventh in terms of crude oil reserves (5.4% of the total). The Russian economy is ...READ MORE
The Philippines healthcare and pharmaceuticals sector has grown gradually in past years due to the country’s population and economic growth. Recently, sector growth has accelerated due to policy measures to increase the healthcare budget which ...READ MORE
Indonesia's healthcare and pharmaceuticals industry is one of the least developed in ASEAN and Indonesia has low scores on most metrics – including number of hospitals and beds per 10,000 population and healthcare expenditure per capita. These ...READ MORE
Latin America and the Caribbean – one of the most endowed regions in natural resources on a global scale, has prominent positions in the oil and gas industry. In 2015, the region held about 20% and 4.2% of world’s proven reserves of oil ...READ MORE
Ecuador is a major player in the oil and gas sector in Latin America. A member of the Organisation of Petroleum Exporting Countries (OPEC), Ecuador had the fourth-largest proven oil reserves in the region and was its sixth-biggest crude oil producer ...READ MORE