Summary of Retail 2022

Looking for the report?
We have the summary! Get the key insights in just 5 minutes.

Retail 2022 summary
Start getting smarter:
or see our plans

Rating

8

Qualities

  • Innovative

Recommendation

The Economist Intelligence Unit presents a thought-provoking picture of the global retail environment ten years from now and the challenges and opportunities these changes present. It takes stock of how retail has evolved and, through extrapolation from current trends, presents an analysis of the major sociodemographic, technological and business developments that will likely impact retailing in the future. getAbstract recommends this paper for its rigorous analysis of retail trends and insightful vision of retail’s future.

About the Author

The Economist Intelligence Unit is an independent research and analytics organization.

 

Summary

By 2022, BRIC countries – Brazil, Russia, India and China – will be four of the world’s six largest retail markets. By then, the Chinese retail market alone will be worth $8.3 trillion – nearly a quarter of total global retail sales and twice the size of the United States’ $4.5 trillion retail market. India will be next up ($4 trillion), followed by Japan ($1.6 trillion), Russia ($1.5 trillion) and Brazil ($1.2 trillion). Within ten years, India’s retail market will likely catch up with Western Europe’s. Chinese and Indian firms will buy up well-known retail names in the West. Rapidly rising demand will drive Chinese retail growth...


More on this topic

Customers who read this summary also read

The Financial Services Guide to Fintech
8
Cracking the Emerging Markets Enigma
7
Is China’s New Payment System the Future?
8
Libor: Why 2022 is Coming Faster Than You Think
7
The Global Risks Report 2019
8
The Myth of Capitalism
9

Related Channels

Comment on this summary

  • Avatar
  • Avatar
    K. G. 6 years ago
    Nos invita a pensar en las transformaciones tecnológicas para asegurar el m-commerce y el s-commerce, pero también resaltó el paso que hay que dar rápidamente en oferta y servicios complementarios. Que buen artículo!