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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 automotive sector is the second largest manufacturing in🎶dustry in Poland in terms of gross output, after only food and beverage manufacturing. The sector also has a major socio-economic role, employing around 210,000 people in 2019 (8% of the 🍨...
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Indonesia is home to the largest automotive market in Southeast Asia. Nearly 7.5mn motor vehicles were sold in the country in 2019. More than two thirds of these, however, were two-wheelers. Low incomes ma🦂ke passenger-car ownership difficult for most ...
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Chile is a relatively small economy, ranking 43rd globally and fifth in Latin America in 2019 according to the IMF. However, ☂its retail sector is well developed, mature and sophisticated, and in many aspects on a par with those of developed countries ...
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China’♛s automotive market recorded the second consecutive year of decline in sales during 2019. According to statistics published by the China Association of Automobile Manufacturers (CAAM), the total motor vehicle sales in China reached 25.8mn 𝓡...
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In 2019, retail sales in Brazil expanded for 😼the third year in a r💙ow, by 1.8% y/y in volume terms due to the improving labour market and declining borrowing costs, which supported the disposable income of the population. Additional positive factors ...
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In Q1 2020, the performance of Chinওa’s r🍌etail sector was affected by the COVID-19 outbreak. The country’s GDP declined by 6.8% y/y in the period, while the GDP generated by the wholesale and retail sectors dropped by 17.8% y/y. Average ...
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Mexico is the second largest econo♈my in Latin America in terms of nominal GDP, and thereby a key consumer market in the region with a population of over 126mn as of December 2019. Over the period 2014-2019, the retail trade sector performed well, ...
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Indonesia is the world’s fourth most populou♐s country, so its retail sector is an attractive destination for investors. A 2019 ranking by A.T. Kearney placed the country a🏅s the fifth most attractive retail emerging market. The ...
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Automotive production in China improved in Q4 2019, increasing by 3.5% ౠy/y to 7.6mn units. This is the first quarter that automotive output showed growth since the beginning of 2019, as mark𒀰et confidence recovered and automakers were again piling up ...
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The retail sector is one 𓆏of the largest and the most important sectors of the Polish economy, being one of the main drivers of its sustained growth in recent years. This can be attributed to the rising income levels, job security and overall quality ...
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