China Consumer Goods and Retail Sector Report 2021 1st QuarterAn EMIS Insights Industry Report
EMIS is an ISI Emerging Markets Group Company Date: March 2021
Available in: English
Following a challenging first half of 2020, China’s economic growth improved in the second half of the year with GDP rising by 6.5% y/y in the last quarter of 2020. Attributed to an improved control of the COVID-19 pandemic, rising disposable incomes and recovery of domestic consumer market, retail sales of consumer goods rose by 3.2% in Q4 2020 to RMB 11,866bn. Commodity retail sales of consumer goods rose by 3.5% y/y to RMB 10,435bn in the period, largely driven by positive performance of the country’s auto market and growing demand for the high-end and luxury items. Auto sales rose by 16% y/y in Q4 2020 to RMB 1,260bn, fueled by increased demand for premium vehicles. The highest growth was registered in the communication appliances segment, where sales surged by 26.8% y/y to RMB 185bn, while sales of apparel increased by 6.5% to RMB 429.8bn.
This report provides a complete and detailed analysis of the retail sector for China. EMIS Insights presents in-depth business intelligence in a standard format across countries and regions, providing a balanced mix between analysis and data.
What this report allows you to do:
- Understand the key elements at play in the retail sector in China
- Access forecasts for growth in the sector
- View key consumer confidence, income and consumption data for the sector in China
- Crystallise the forces both driving and restraining this sector in China
- Build a complete perspective on sector trade, investment and employment
- Ascertain trends in sales and market share for different types of product (e.g. food, consumer appliance, apparel and footwear, etc.)
- Understand the competitive landscape and who the major players are
- View M&A activity and major deals
- Gain an understanding of the regulatory environment for the sector in China
- Build a clear picture of sales and market share for different retail channels (e.g. department stores, hypermarkets and e-commerce).
See below for a complete table of report contents: