China: Retail - Market Shares, Summary & Forecasts to 2023

China: Retail - Market Shares, Summary & Forecasts to 2023

  • December 2019 •
  • 97 pages •
  • Report ID: 5862777 •
  • Format: PDF
China: Retail - Market Shares, Summary & Forecasts to 2023

Summary
“China: Retail - Market Shares, Summary & Forecasts to 2023” provides data for historic and forecast retail sales, and also includes information on the business environment and country risk related to China retail environment. In addition, it analyzes the key consumer trends influencing China retail industry:

The retail industry was valued at C¥28.8 trillion in 2018, up 11% on 2017. Healthy domestic demand, rapid growth of digital platforms, and millennials’ growing interest to shop online will all contribute towards a forecast CAGR of 8.1% over 2018-23 for total retail

What else does this report offer?
- In-depth analysis of the latest trends in consumer shopping, covering the factors driving shopping, consumer insights, market dynamics (covering 26 product categories),
- The report also details major retailers in each category group with their product proposition analysis and market positioning in 2018 along with recent key developments
- Market insights based on consumer trends, changing economic and demographic factors, technology innovations, and other macroeconomic factors
- Retail sales and the fastest-growing product categories, which include Clothing, Footwear, Books, News and stationery, Electrical and electronics, Food and grocery, Health and beauty, Furniture and floor coverings, Home and garden products, Music, video and entertainment software, Sports and leisure equipment, Jewelry, watches and accessories, and Luggage and leather goods
- Qualitative and quantitative insights of changing retail dynamics across various channels

Scope
- Increasing wages and declining unemployment rate help support retail growth
- Rising disposable incomes support spending, but era of double-digit growth comes to an end
- An increasing aging population and demand for latest products aids health & beauty
- Rising demand for quality and fresh food products drives food & grocery sector
- Convenience stores continue to thrive, with development in unmanned stores

Reasons to buy
- Gain comprehensive knowledge on 26 product categories in China retail market and develop a competitive advantage around consumer behavior trends from the start of your supply chain
- Explore novel opportunities that will allow you to align your product offerings and strategies to meet demand by analyzing the vital economic and population trends, and key consumer and technology trends influencing the retail market
- Investigate current and forecast behavior trends in each category to identify the best opportunities to exploit
- Analyze the recommended actions to align your marketing strategies with the crucial trends influencing consumer behaviour
- Understand the fastest-growing categories in the market with insights on the performance of individual product categories, across key channels from 2013, with forecasts until 2023
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