Secure shopping
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.
In Q1 2021, the automotive sector in China witnessed strong growth in terms of production and sales compared to the same period of 2020 when COVID-19 had a huge negative impact on the sector. The automotive production in Q1 2021 increased ...
View more details
Chile is a relatively small economy, having the fifth largest GDP in Latin America in 2020. However, its retail sector is well developed, mature and sophisticated, and in many aspects on a par with those of developed countries. In 2020, the ...
View more details
In the first quarter of 2021, China’s retail sector witnessed a surging popularity of e-commerce and a further digitalisation of the retail industry. Alibaba and its major competitors JD.com ...
View more details
Mexico is the second-largest economy in Latin America and the second-biggest consumer market in the region, with a population of over 127mn people, as of December 2020. The domestic retail sector was negatively affected by COVID-19 and the ...
View more details
In Q4 2020, the automotive sector in China continued to improve in terms of production and sales on the back of economic recovery and stronger market demand. The automotive production increased by 8.8% y/y to 8.2mn units. Output of ...
View more details
In 2020, retail sales in Brazil rose by 1.2% y/y in volume terms, despite the negative effects of the COVID-19 pandemic and the contraction of the country’s GDP by 4.1% y/y. The overall positive performance of the retail sector was ...
View more details
Indonesia is home to ASEAN’s largest market for two- and four-wheel vehicles and the second largest motor vehicle producer. A number of global automotive brands have opened production sites in the country or plan to do so. ...
View more details
The COVID-19 pandemic severely impaired the operations of the Mexican automotive sector. It suffered from disruptions to global supply chains, lockdown restrictions and dwindling demand, both in the domestic market and the US – the ...
View more details
Brazil’s automotive sector was among the industries hit hardest by COVID-19. It suffered from disruptions in global supply chains, lockdown restrictions and falling domestic vehicle sales. As exports also underperformed, mainly as a ...
View more details
The wholesale and retail trade sector is one of the main engines of economic growth in Indonesia. The sector generated 13% of the country’s GDP in 2020 with household consumption taking a 58% share in GDP. Almost 25mn people are ...
View more details