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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.
In Q4 FY2020, the automotive output volume in India reached 5.62mn units. This performance was well below the average production volume of the last seven quarters (from Q1 FY2019 to Q3 FY2020), which averaged 7.38mn units. On a quarterly basis, ...
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In 2019, Mexico consolidated its position as the world’s sixth-largest vehicle manufacturer, with an output of 3.95mn units. During the year, strong foreign demand – especially from the US – was the major driving force for ...
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Colombia is the fourth largest economy in Latin America in terms of nominal GDP, and the third largest in the region by population, with 50.4mn people as of December 2019. During 2014-2019, the wholesale, retail and repair sector performed well, with ...
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The automotive sector is the second largest manufacturing industry 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 make 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 ...
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In 2019, retail sales in Brazil expanded for the third year in a row, 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 China’s retail 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 economy 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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