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Consumer Goods and Retail
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Consumer Goods and Retail

World Industry Outlook; April 2014

The Economist Intelligence Unit
EIU, 2014
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Editorial Rating

7

Qualities

  • Analytical
  • Well Structured
  • Visionary

Recommendation

Evolving technologies, developing markets and varying preferences will increasingly challenge global retail and consumer goods firms over the period 2014–2018. This report from the Economist Intelligence Unit says companies will need to adapt to changing times and shifting tastes. getAbstract recommends this cogent analysis to industry executives and analysts, as well as to those tracking global consumption trends.

Take-Aways

  • Overall, retail and consumer goods companies should see global sales volumes grow an average of 3.2% annually from 2014 to 2018, although prospects and the pace of growth vary widely from region to region.
  • In China, economic concerns and government efforts to discourage corruption and overt displays of wealth should depress sales growth to 7.8% by the end of the forecast period, half of its 2009 peak.
  • To remain competitive, global retailers must strike a balance between expanding into emerging markets and taking advantage of recovering economies at home. In both cases, technology – particularly mobile commerce – plays an important role.

About the Author

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

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