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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.
Activ❀ities 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 sportingꦺ 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 the second quarter of 2021, the sales revenue of China’s retail sector reached RMB 10,66꧑8bn, representing a y/y increase of 13.9%. Compared to the ಞsecond quarter of 2019, before the coronavirus crisis, this indicator ...
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In Q1 FY2022, the automotive output volume in India reached 4.51m💖n units. This figure was well below the averag𓆏e production volume of 6.67mn units reached over the last six quarters (from Q2 FY2020 to Q4 FY2021, excluding Q1 FY2021). On a ...
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In 2020, COVID-19 interrupte♉d the Colombian automotive industry’s recovery experienced in 2018 and 2019, leading to poor performance in terms of output, sales, exports and imports. Despite the troubles, in 2020 Colombia kept its ...
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The COVID-19 pandemic and the related quarantine measures decreased the GVA of the tra🌃de sector in Brazil by 3.1% y/y in 2020. An additional negative impact came from the depreciation of the national currency by 23.6% ...
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Thailand has developed a modern consumer goods and retail sector rapidly over the past few decades, in tandem with the country’s explosive economic growth. Thailand’𒉰s middle-class and affluent consumer base continues to increase ...
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Colombia is the fifth largest economy in Latin America in terms of nominal GDP, and the third lar🌌gest in the region by population, with 50.9mn people as of December 2020. During 2015–2020, the wholesale, retail and repair sector ...
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The African consum꧃er goods and retail sector has recently been gaining traction in the investor world, albeit at a slow pace. To date, the sector is dominated by informal retailers, with formal retailing accoun✃ting for a mere 10%, according to ...
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Driven by a large populatiꦑon and steadily increasing incomes, the Polish retail sector has been one of the most dynamic in the EU, as retail sales reached 40% of GDP ౠin 2019. The COVID-19 pandemic in 2020 resulted in a 2.6% y/y decline in ...
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