With the rapid increase of single-person households, retailing channels that are targeting them are boosting sales growth in South Korea. Convenience stores are growing quickly with an increased number of outlets so that consumers can easily drop by anytime to buy small amounts of products. Drugstores/parapharmacies is also amongst the fast-growing...
The global home care retail landscape has remained largely unchanged, despite a shift in consumer shopping habits, with the grocery channel still the dominant method for buying home care products. Supermarkets are the most common distribution channel across developed regions whereas traditional grocery retailing is most popular in emerging...
ePharmacy Market Size, Outlook and Growth Opportunities, 2019- 2025 Global ePharmacy Market Size, Outlook and Growth Opportunities to 2025: By Drug Type (Prescription Drugs, Over-the-counter (OTC) Drugs), By Product Type (Skin Care, Dental, Cold and Flu, Vitamins, Weight Loss, and Others) and By Region ePharmacy...
Double-digit growth rates predicted for online payment fraud losses worldwide The rising costs of online payment fraud The level of online payment fraud is on the rise worldwide, as more consumers turn to digital shopping channels to make their purchases. According to a projection referenced in the report,...
Africa’s B2C E-Commerce growth boosted by mobile technology Rapid B2C E-Commerce sales growth in Africa projected for 2020 E-Commerce currently accounts for a small percentage share of total retail sales in Africa. This indicates a major potential for future growth, with the forecasts cited in the report...
According to the survey conducted by MIC, the number of Taiwanese consumers preferring both physical and online shopping and online shopping-only is increasing; the number of consumers preferring to shop only at physical stores, however, is declining, indicating that online retail platforms have become an important channel for consumers...
The Indonesian retail and wholesale industry’s growth accelerated during 2018, reflecting robust economic development in the country. The year marked a 9.7% rise in private investments in Indonesia, which was an aftermath of recent government efforts to alleviate foreign business investment conditions. This reduced unemployment levels and...
Market Overview The Australia’s CEP market is expected to register a CAGR of 5.46% over the forecast period, 2019 – 2024. Australia’s parcel market is expected to grow to more than 1 billion parcels a year by 2021. The parcel delivery market is seeing an exponential growth backed by ease of shipping, delivery and tracking...
Both store-based and non-store retailing continued to see strong current value growth in 2018. However, consumers’ habits in India are changing. Many urban households are adopting more modern lifestyles, especially in big cities such as Bangalore, Mumbai, Pune, Delhi and Hyderabad. This behavioural change is impacting retailing in the country....
Payments Landscape in Azerbaijan: Opportunities and Risks to 2023 Summary Azerbaijan is a cash-oriented economy due to its high unbanked population, low financial awareness, and inadequate payment infrastructure.Azerbaijan ranks lowest in terms of card penetration and payment card frequency of use...