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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-orde🉐r houses✃ and direct selling establishments. Retail sale of fuels and vehicles is also included in this sector.
China is the world’s second-larg🍨est retail market and a global leader in e-c🃏ommerce. Despite the slowdown of China’s economy, the sector offers bright prospects, particularly due to the rising spending power of Chinese consumers. In the ...
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Retail is a dynamic sector with excellent prospects in Indonesia. The country boasts the world’s fourth-largest population, 𝓀at 256 million in 2015, and is also the largest market in South-East Asia. Global consultancy A.T. Kearney ranked ...
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China is the world’s second-largest retail market, and👍 is projected to become the largest in 2017 or 2018. The countr💦y is already the global leader in e-commerce. Despite the slowdown of China’s economy and the consequent deceleration in ...
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The Thai retail sector is highly dynamic. Over the past years, modern retailing has almost supplanted traditional retail as the preferred way for Thai consumers to purchase their goods. The conveꦦnience store retail format is particularly popular in ...
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