SlideShare une entreprise Scribd logo
1  sur  24
FIVE KEY GROWTH TRENDS FOR ASIA RETAILING
MICHELLE GRANT
HEAD OF RETAILING
APRCE 2017, Kuala Lumpur
© Euromonitor International
2
Euromonitor International
FIVE KEY GROWTH TRENDS FOR ASIA RETAILING
CONSUMERS IN 2021
CHINA AND INDIA
MODERNISATION OF GROCERY
FASHION’S TRANSFORMATION
RISE OF DIGITAL COMMERCE
KEY TAKEAWAYS
© Euromonitor International
4
Asian consumers are changing
FIVE KEY GROWTH TRENDS FOR ASIA RETAILING
Urbanisation
Households
Ageing
Income
© Euromonitor International
5
Asia will continue its rapid urbanisation
FIVE KEY GROWTH TRENDS FOR ASIA RETAILING
0
100,000
200,000
300,000
400,000
500,000
600,000
700,000
800,000
900,000
1,000,000
2016 2017 2018 2019 2020 2021
People
Urban Population by Country
China India Indonesia Others
© Euromonitor International
6
Single households will grow the fastest
FIVE KEY GROWTH TRENDS FOR ASIA RETAILING
Other
Couple
w/
children
Single
parent
Couple
w/out
children
Single
person
© Euromonitor International
7
Emerging markets will experience strong income growth
FIVE KEY GROWTH TRENDS FOR ASIA RETAILING
0
5
10
15
20
25
30
35
0 10,000 20,000 30,000 40,000 50,000 60,000 70,000 80,000
%Growth2016-2021
Median Household Income, US$
The Growth of Median Household Income
Vietnam
Thailand
Malaysia
China
Indonesia
Taiwan
South Korea
Japan Hong Kong
Singapore
India
Philippines
CONSUMERS IN 2021
CHINA AND INDIA
MODERNISATION OF GROCERY
FASHION’S TRANSFORMATION
RISE OF DIGITAL COMMERCE
KEY TAKEAWAYS
60%
of Asia Pacific retail
sales growth will
come from China
and India in the
next five years
© Euromonitor International
10
Fastest growing channels
FIVE KEY GROWTH TRENDS FOR ASIA RETAILING
China
Digital Commerce
Supermarkets
Home and Garden
Specialists
India
Digital Commerce
Traditional Grocers
Jewellery and Watch
Specialists
CONSUMERS IN 2021
CHINA AND INDIA
MODERNISATION OF GROCERY
FASHION’S TRANSFORMATION
RISE OF DIGITAL COMMERCE
KEY TAKEAWAYS
© Euromonitor International
12
Modern grocery channels growing quickly in emerging markets
FIVE KEY GROWTH TRENDS FOR ASIA RETAILING
0
1
2
3
4
5
6
7
8
9
10
2017 2018 2019 2020 2021
%Growth
Y-o-Y Growth by Channel, Asia Pacific
Convenience Stores Hypermarkets Supermarkets Traditional Grocers
© Euromonitor International
13
India still relies heavily on traditional grocery
FIVE KEY GROWTH TRENDS FOR ASIA RETAILING
Traditional
Grocery
Location
Daily
Inexpensive
Relationships
© Euromonitor International
14
Supermarkets and hypermarkets appeal to shoppers
FIVE KEY GROWTH TRENDS FOR ASIA RETAILING
Assortment
Price
Quality
Modern
environments
© Euromonitor International
15
Convenience stores bring modernity to traditional shopping
FIVE KEY GROWTH TRENDS FOR ASIA RETAILING
Operations
Franchises
Longer
operating
hours
Better
locations
Experience
Modern
environments
Social places
Assortment
CONSUMERS IN 2021
CHINA AND INDIA
MODERNISATION OF GROCERY
FASHION’S TRANSFORMATION
RISE OF DIGITAL COMMERCE
KEY TAKEAWAYS
© Euromonitor International
17
Fast fashion outpaces specialists growth
FIVE KEY GROWTH TRENDS FOR ASIA RETAILING
0
2
4
6
8
10
12
14
16
18
2012 2013 2014 2015 2016
%Growth
Fast Fashion Growth Compared to Specialists
Fast Fashion Apparel Specialists
© Euromonitor International
18
Sports good stores benefit from rise in sportswear
FIVE KEY GROWTH TRENDS FOR ASIA RETAILING
0 1,000 2,000 3,000 4,000 5,000 6,000 7,000 8,000
China
India
Japan
South Korea
Hong Kong, China
Thailand
Taiwan
Indonesia
Malaysia
Philippines
Vietnam
Singapore
US$ millions
2011-2016 Absolute Growth in Sportswear, Asia Pacific
CONSUMERS IN 2025
CHINA AND INDIA
MODERNISATION OF GROCERY
FASHION’S TRANSFORMATION
RISE OF DIGITAL COMMERCE
KEY TAKEAWAYS
9%In-store sales growth
80%E-commerce sales
growth
103%M-commerce sales
growth
© Euromonitor International
21
Digital commerce development varies by country
FIVE KEY GROWTH TRENDS FOR ASIA RETAILING
0 10 20 30 40 50 60 70 80 90 100
South Korea
China
Taiwan
India
Japan
Indonesia
Pakistan
Thailand
Vietnam
Philippines
% Share
Retail Sales by Channel, 2021
In-Store E-Commerce M-Commerce
CONSUMERS IN 2025
CHINA AND INDIA
MODERNISATION OF GROCERY
FASHION’S TRANSFORMATION
RISE OF DIGITAL COMMERCE
KEY TAKEAWAYS
© Euromonitor International
23
 Changing consumers require different tactics
 China and India are the strongest growth markets
 Emerging markets are embracing modern grocery
 Fashion retail is transforming
 The power of digital is undeniable
Key takeaways
FIVE KEY GROWTH TRENDS FOR ASIA RETAILING
THANK YOU FOR LISTENING
Michelle Grant | Head of Retailing
Michelle.grant@euromonitor.com
@EMI_MichelleG
www.linkedin.com/in/migrant1

Contenu connexe

Tendances

Impact of COVID-19 on Global Consumers and Emerging Opportunities
Impact of COVID-19 on Global Consumers and Emerging OpportunitiesImpact of COVID-19 on Global Consumers and Emerging Opportunities
Impact of COVID-19 on Global Consumers and Emerging OpportunitiesSam Ghosh
 
Premiumisation of Beauty and Personal Care in Latin America
Premiumisation of Beauty and Personal Care in Latin AmericaPremiumisation of Beauty and Personal Care in Latin America
Premiumisation of Beauty and Personal Care in Latin AmericaEuromonitor International
 
Vietnam Marketing and Advertising rewind 2020
Vietnam Marketing and Advertising rewind 2020Vietnam Marketing and Advertising rewind 2020
Vietnam Marketing and Advertising rewind 2020Perry Cao
 
Fintech innovations leading to better lives
Fintech innovations leading to better livesFintech innovations leading to better lives
Fintech innovations leading to better livesBui Thuy Dung
 
VIETNAM MOBILE APPLICATION REPORT 2021
VIETNAM MOBILE APPLICATION REPORT 2021VIETNAM MOBILE APPLICATION REPORT 2021
VIETNAM MOBILE APPLICATION REPORT 2021Appota Group
 
Southeast Asian Map of E-commerce Q2 2020
Southeast Asian Map of E-commerce Q2 2020Southeast Asian Map of E-commerce Q2 2020
Southeast Asian Map of E-commerce Q2 2020digitalinasia
 
The Growth of the Digital Payment Ecosystem in China
The Growth of the Digital Payment Ecosystem in ChinaThe Growth of the Digital Payment Ecosystem in China
The Growth of the Digital Payment Ecosystem in Chinadigitalinasia
 
E-commerce: New state of the game 2020
E-commerce: New state of the game 2020E-commerce: New state of the game 2020
E-commerce: New state of the game 2020The Codest
 
2015 Ends With Exploding Hoverboards And Growing Ethical Concerns
2015 Ends With Exploding Hoverboards And Growing Ethical Concerns2015 Ends With Exploding Hoverboards And Growing Ethical Concerns
2015 Ends With Exploding Hoverboards And Growing Ethical ConcernsQIMA
 
The State of Mobile in Rural Vietnam
The State of Mobile in Rural VietnamThe State of Mobile in Rural Vietnam
The State of Mobile in Rural VietnamThiện Quang
 
Social network & Digital Payment in China 2017
Social network & Digital Payment in China 2017Social network & Digital Payment in China 2017
Social network & Digital Payment in China 2017Dao Phuong Nam
 
VIỆT NAM INSIGHT COLLECTION 2022
VIỆT NAM INSIGHT COLLECTION 2022VIỆT NAM INSIGHT COLLECTION 2022
VIỆT NAM INSIGHT COLLECTION 2022MarketingTrips
 
Intro to E-commerce in South East Asia - Citibank
Intro to E-commerce in South East Asia - CitibankIntro to E-commerce in South East Asia - Citibank
Intro to E-commerce in South East Asia - CitibankDavid Jou
 
Infocus - Vietnam Consumer Trends 15.03.16
Infocus - Vietnam Consumer Trends 15.03.16Infocus - Vietnam Consumer Trends 15.03.16
Infocus - Vietnam Consumer Trends 15.03.16Ralf Matthaes
 
IFM 2018 Consumer Trends & 2019 Preditions
IFM 2018 Consumer Trends & 2019 PreditionsIFM 2018 Consumer Trends & 2019 Preditions
IFM 2018 Consumer Trends & 2019 PreditionsThiện Quang
 
Vietnam search for tomorrow – insights for brands
Vietnam search for tomorrow – insights for brandsVietnam search for tomorrow – insights for brands
Vietnam search for tomorrow – insights for brandsssuserf08d02
 
Data & Trend: Digital transformation of Vietnam’s Life Insurance companies (...
Data & Trend: Digital transformation of Vietnam’s Life Insurance  companies (...Data & Trend: Digital transformation of Vietnam’s Life Insurance  companies (...
Data & Trend: Digital transformation of Vietnam’s Life Insurance companies (...Lê Hoàng
 
Toàn cảnh thị trường game mobile Việt Nam 3 quý đầu 2014
Toàn cảnh thị trường game mobile Việt Nam 3 quý đầu 2014Toàn cảnh thị trường game mobile Việt Nam 3 quý đầu 2014
Toàn cảnh thị trường game mobile Việt Nam 3 quý đầu 2014Bom Bin
 
Thailand telecom and safety security market survey by sirena cheng 20110915
Thailand telecom and safety security market survey by sirena cheng 20110915Thailand telecom and safety security market survey by sirena cheng 20110915
Thailand telecom and safety security market survey by sirena cheng 20110915Serena Cheng
 

Tendances (20)

Impact of COVID-19 on Global Consumers and Emerging Opportunities
Impact of COVID-19 on Global Consumers and Emerging OpportunitiesImpact of COVID-19 on Global Consumers and Emerging Opportunities
Impact of COVID-19 on Global Consumers and Emerging Opportunities
 
Premiumisation of Beauty and Personal Care in Latin America
Premiumisation of Beauty and Personal Care in Latin AmericaPremiumisation of Beauty and Personal Care in Latin America
Premiumisation of Beauty and Personal Care in Latin America
 
Vietnam Marketing and Advertising rewind 2020
Vietnam Marketing and Advertising rewind 2020Vietnam Marketing and Advertising rewind 2020
Vietnam Marketing and Advertising rewind 2020
 
Fintech innovations leading to better lives
Fintech innovations leading to better livesFintech innovations leading to better lives
Fintech innovations leading to better lives
 
VIETNAM MOBILE APPLICATION REPORT 2021
VIETNAM MOBILE APPLICATION REPORT 2021VIETNAM MOBILE APPLICATION REPORT 2021
VIETNAM MOBILE APPLICATION REPORT 2021
 
Southeast Asian Map of E-commerce Q2 2020
Southeast Asian Map of E-commerce Q2 2020Southeast Asian Map of E-commerce Q2 2020
Southeast Asian Map of E-commerce Q2 2020
 
The Growth of the Digital Payment Ecosystem in China
The Growth of the Digital Payment Ecosystem in ChinaThe Growth of the Digital Payment Ecosystem in China
The Growth of the Digital Payment Ecosystem in China
 
E-commerce: New state of the game 2020
E-commerce: New state of the game 2020E-commerce: New state of the game 2020
E-commerce: New state of the game 2020
 
Top Brands Responding to COVID-19
Top Brands Responding to COVID-19Top Brands Responding to COVID-19
Top Brands Responding to COVID-19
 
2015 Ends With Exploding Hoverboards And Growing Ethical Concerns
2015 Ends With Exploding Hoverboards And Growing Ethical Concerns2015 Ends With Exploding Hoverboards And Growing Ethical Concerns
2015 Ends With Exploding Hoverboards And Growing Ethical Concerns
 
The State of Mobile in Rural Vietnam
The State of Mobile in Rural VietnamThe State of Mobile in Rural Vietnam
The State of Mobile in Rural Vietnam
 
Social network & Digital Payment in China 2017
Social network & Digital Payment in China 2017Social network & Digital Payment in China 2017
Social network & Digital Payment in China 2017
 
VIỆT NAM INSIGHT COLLECTION 2022
VIỆT NAM INSIGHT COLLECTION 2022VIỆT NAM INSIGHT COLLECTION 2022
VIỆT NAM INSIGHT COLLECTION 2022
 
Intro to E-commerce in South East Asia - Citibank
Intro to E-commerce in South East Asia - CitibankIntro to E-commerce in South East Asia - Citibank
Intro to E-commerce in South East Asia - Citibank
 
Infocus - Vietnam Consumer Trends 15.03.16
Infocus - Vietnam Consumer Trends 15.03.16Infocus - Vietnam Consumer Trends 15.03.16
Infocus - Vietnam Consumer Trends 15.03.16
 
IFM 2018 Consumer Trends & 2019 Preditions
IFM 2018 Consumer Trends & 2019 PreditionsIFM 2018 Consumer Trends & 2019 Preditions
IFM 2018 Consumer Trends & 2019 Preditions
 
Vietnam search for tomorrow – insights for brands
Vietnam search for tomorrow – insights for brandsVietnam search for tomorrow – insights for brands
Vietnam search for tomorrow – insights for brands
 
Data & Trend: Digital transformation of Vietnam’s Life Insurance companies (...
Data & Trend: Digital transformation of Vietnam’s Life Insurance  companies (...Data & Trend: Digital transformation of Vietnam’s Life Insurance  companies (...
Data & Trend: Digital transformation of Vietnam’s Life Insurance companies (...
 
Toàn cảnh thị trường game mobile Việt Nam 3 quý đầu 2014
Toàn cảnh thị trường game mobile Việt Nam 3 quý đầu 2014Toàn cảnh thị trường game mobile Việt Nam 3 quý đầu 2014
Toàn cảnh thị trường game mobile Việt Nam 3 quý đầu 2014
 
Thailand telecom and safety security market survey by sirena cheng 20110915
Thailand telecom and safety security market survey by sirena cheng 20110915Thailand telecom and safety security market survey by sirena cheng 20110915
Thailand telecom and safety security market survey by sirena cheng 20110915
 

Similaire à Five Key Growth Trends for Asia Retailing

ASEAN Beauty In 2020 - ACLF 2015
ASEAN Beauty In 2020 - ACLF 2015ASEAN Beauty In 2020 - ACLF 2015
ASEAN Beauty In 2020 - ACLF 201511leeco
 
InnoCos Europe 2013 Antonia Branston Euromonitor
InnoCos Europe 2013 Antonia Branston EuromonitorInnoCos Europe 2013 Antonia Branston Euromonitor
InnoCos Europe 2013 Antonia Branston EuromonitorKGS Global
 
Kirana Transformation in India
Kirana Transformation in IndiaKirana Transformation in India
Kirana Transformation in Indiaaccenture
 
Report vietnam-insight-2019
Report vietnam-insight-2019Report vietnam-insight-2019
Report vietnam-insight-2019Tung Nguyen
 
Frederic Nze, Oakam - NOAH18 London
Frederic Nze, Oakam - NOAH18 LondonFrederic Nze, Oakam - NOAH18 London
Frederic Nze, Oakam - NOAH18 LondonNOAH Advisors
 
Nielsen grocery report 2013
Nielsen grocery report 2013Nielsen grocery report 2013
Nielsen grocery report 2013Phuong Luu
 
Benefits of fdi in indain retail sector and customer perception of organized r
Benefits of fdi in indain retail sector and customer perception of organized rBenefits of fdi in indain retail sector and customer perception of organized r
Benefits of fdi in indain retail sector and customer perception of organized rIAEME Publication
 
Retail Trends in india : BCG trend Analysis
Retail Trends in india : BCG trend AnalysisRetail Trends in india : BCG trend Analysis
Retail Trends in india : BCG trend AnalysisRetigence Technologies
 
Ground Zero 4.0 | Scaling Up - Event Report
Ground Zero 4.0 | Scaling Up - Event ReportGround Zero 4.0 | Scaling Up - Event Report
Ground Zero 4.0 | Scaling Up - Event ReportRedSeer
 
mintel-china-consumer-trends-2016
mintel-china-consumer-trends-2016mintel-china-consumer-trends-2016
mintel-china-consumer-trends-2016Yoyo Liu
 
Vietnam Grocery Report 2013 English - Nielsen
Vietnam Grocery Report 2013   English - Nielsen Vietnam Grocery Report 2013   English - Nielsen
Vietnam Grocery Report 2013 English - Nielsen Dung Tri
 

Similaire à Five Key Growth Trends for Asia Retailing (20)

ASEAN Beauty In 2020 - ACLF 2015
ASEAN Beauty In 2020 - ACLF 2015ASEAN Beauty In 2020 - ACLF 2015
ASEAN Beauty In 2020 - ACLF 2015
 
InnoCos Europe 2013 Antonia Branston Euromonitor
InnoCos Europe 2013 Antonia Branston EuromonitorInnoCos Europe 2013 Antonia Branston Euromonitor
InnoCos Europe 2013 Antonia Branston Euromonitor
 
Kirana Transformation in India
Kirana Transformation in IndiaKirana Transformation in India
Kirana Transformation in India
 
BIG BAZAAR
BIG BAZAARBIG BAZAAR
BIG BAZAAR
 
Report vietnam-insight-2019
Report vietnam-insight-2019Report vietnam-insight-2019
Report vietnam-insight-2019
 
Kantar Insight Handbook 2019
Kantar Insight Handbook 2019Kantar Insight Handbook 2019
Kantar Insight Handbook 2019
 
Frederic Nze, Oakam - NOAH18 London
Frederic Nze, Oakam - NOAH18 LondonFrederic Nze, Oakam - NOAH18 London
Frederic Nze, Oakam - NOAH18 London
 
Nielsen grocery report 2013
Nielsen grocery report 2013Nielsen grocery report 2013
Nielsen grocery report 2013
 
Benefits of fdi in indain retail sector and customer perception of organized r
Benefits of fdi in indain retail sector and customer perception of organized rBenefits of fdi in indain retail sector and customer perception of organized r
Benefits of fdi in indain retail sector and customer perception of organized r
 
Bcg good
Bcg goodBcg good
Bcg good
 
Retail Disruption
Retail DisruptionRetail Disruption
Retail Disruption
 
Retail
Retail Retail
Retail
 
Retail Trends in india : BCG trend Analysis
Retail Trends in india : BCG trend AnalysisRetail Trends in india : BCG trend Analysis
Retail Trends in india : BCG trend Analysis
 
Ground Zero 4.0 | Scaling Up - Event Report
Ground Zero 4.0 | Scaling Up - Event ReportGround Zero 4.0 | Scaling Up - Event Report
Ground Zero 4.0 | Scaling Up - Event Report
 
Retail Sector in india
Retail Sector in indiaRetail Sector in india
Retail Sector in india
 
Retail Sectore Report - January 2017
Retail Sectore Report - January 2017Retail Sectore Report - January 2017
Retail Sectore Report - January 2017
 
mintel-china-consumer-trends-2016
mintel-china-consumer-trends-2016mintel-china-consumer-trends-2016
mintel-china-consumer-trends-2016
 
Tissue and Hygiene in 2014 and Beyond
Tissue and Hygiene in 2014 and BeyondTissue and Hygiene in 2014 and Beyond
Tissue and Hygiene in 2014 and Beyond
 
Vietnam Grocery Report 2013 English - Nielsen
Vietnam Grocery Report 2013   English - Nielsen Vietnam Grocery Report 2013   English - Nielsen
Vietnam Grocery Report 2013 English - Nielsen
 
Nielsen - Vietnam retail landscape
Nielsen - Vietnam retail landscapeNielsen - Vietnam retail landscape
Nielsen - Vietnam retail landscape
 

Plus de Euromonitor International

Beauty and Personal Care in Sub-Saharan Africa
Beauty and Personal Care in Sub-Saharan AfricaBeauty and Personal Care in Sub-Saharan Africa
Beauty and Personal Care in Sub-Saharan AfricaEuromonitor International
 
New Claims in Skincare: Anti-pollution and Probiotic Ingredients
New Claims in Skincare: Anti-pollution and Probiotic IngredientsNew Claims in Skincare: Anti-pollution and Probiotic Ingredients
New Claims in Skincare: Anti-pollution and Probiotic IngredientsEuromonitor International
 
Healthy Living Megatrend in India: How Will it Shape Packaged Food and Bevera...
Healthy Living Megatrend in India: How Will it Shape Packaged Food and Bevera...Healthy Living Megatrend in India: How Will it Shape Packaged Food and Bevera...
Healthy Living Megatrend in India: How Will it Shape Packaged Food and Bevera...Euromonitor International
 
Alcoholic Drinks: A Global Snapshot - Presentation from Whiskies and Spirits ...
Alcoholic Drinks: A Global Snapshot - Presentation from Whiskies and Spirits ...Alcoholic Drinks: A Global Snapshot - Presentation from Whiskies and Spirits ...
Alcoholic Drinks: A Global Snapshot - Presentation from Whiskies and Spirits ...Euromonitor International
 
Brazilian Tissue Market: Key Trends and Opportunities
Brazilian Tissue Market: Key Trends and OpportunitiesBrazilian Tissue Market: Key Trends and Opportunities
Brazilian Tissue Market: Key Trends and OpportunitiesEuromonitor International
 
Ingredient Trends and Innovation in Sun Protection
Ingredient Trends and Innovation in Sun ProtectionIngredient Trends and Innovation in Sun Protection
Ingredient Trends and Innovation in Sun ProtectionEuromonitor International
 
Brexit and Trump: Tourism in Times of Political Disruptions
Brexit and Trump: Tourism in Times of Political DisruptionsBrexit and Trump: Tourism in Times of Political Disruptions
Brexit and Trump: Tourism in Times of Political DisruptionsEuromonitor International
 
O mercado de bebidas nao-alcoólicas no Brasil em 2016
O mercado de bebidas nao-alcoólicas no Brasil em 2016O mercado de bebidas nao-alcoólicas no Brasil em 2016
O mercado de bebidas nao-alcoólicas no Brasil em 2016Euromonitor International
 
The Global PET Bottle Market in 2016: Key Performances and Prospects for Growth
The Global PET Bottle Market in 2016: Key Performances and Prospects for GrowthThe Global PET Bottle Market in 2016: Key Performances and Prospects for Growth
The Global PET Bottle Market in 2016: Key Performances and Prospects for GrowthEuromonitor International
 
The State of Global Pet Food: New Trends and Growth Opportunities
The State of Global Pet Food: New Trends and Growth OpportunitiesThe State of Global Pet Food: New Trends and Growth Opportunities
The State of Global Pet Food: New Trends and Growth OpportunitiesEuromonitor International
 
Navigating the Consumer Market: Demographics, Marketing & Regulatory Consider...
Navigating the Consumer Market: Demographics, Marketing & Regulatory Consider...Navigating the Consumer Market: Demographics, Marketing & Regulatory Consider...
Navigating the Consumer Market: Demographics, Marketing & Regulatory Consider...Euromonitor International
 
A Snapshot of Global Trends in Private Label
A Snapshot of Global Trends in Private LabelA Snapshot of Global Trends in Private Label
A Snapshot of Global Trends in Private LabelEuromonitor International
 
Connect Mobile Innovation Summit: Going Beyond the Phone
Connect Mobile Innovation Summit: Going Beyond the PhoneConnect Mobile Innovation Summit: Going Beyond the Phone
Connect Mobile Innovation Summit: Going Beyond the PhoneEuromonitor International
 

Plus de Euromonitor International (20)

Beauty and Personal Care in Sub-Saharan Africa
Beauty and Personal Care in Sub-Saharan AfricaBeauty and Personal Care in Sub-Saharan Africa
Beauty and Personal Care in Sub-Saharan Africa
 
New Opportunities in Global Food Market
New Opportunities in Global Food MarketNew Opportunities in Global Food Market
New Opportunities in Global Food Market
 
New Claims in Skincare: Anti-pollution and Probiotic Ingredients
New Claims in Skincare: Anti-pollution and Probiotic IngredientsNew Claims in Skincare: Anti-pollution and Probiotic Ingredients
New Claims in Skincare: Anti-pollution and Probiotic Ingredients
 
The New Face of Healthy Ageing
The New Face of Healthy AgeingThe New Face of Healthy Ageing
The New Face of Healthy Ageing
 
Healthy Living Megatrend in India: How Will it Shape Packaged Food and Bevera...
Healthy Living Megatrend in India: How Will it Shape Packaged Food and Bevera...Healthy Living Megatrend in India: How Will it Shape Packaged Food and Bevera...
Healthy Living Megatrend in India: How Will it Shape Packaged Food and Bevera...
 
Global Trends in Pet Care
Global Trends in Pet CareGlobal Trends in Pet Care
Global Trends in Pet Care
 
Key Drivers in the Australian Wine Industry
Key Drivers in the Australian Wine IndustryKey Drivers in the Australian Wine Industry
Key Drivers in the Australian Wine Industry
 
Alcoholic Drinks: A Global Snapshot - Presentation from Whiskies and Spirits ...
Alcoholic Drinks: A Global Snapshot - Presentation from Whiskies and Spirits ...Alcoholic Drinks: A Global Snapshot - Presentation from Whiskies and Spirits ...
Alcoholic Drinks: A Global Snapshot - Presentation from Whiskies and Spirits ...
 
Brazilian Tissue Market: Key Trends and Opportunities
Brazilian Tissue Market: Key Trends and OpportunitiesBrazilian Tissue Market: Key Trends and Opportunities
Brazilian Tissue Market: Key Trends and Opportunities
 
O Mercado de Bebidas Alcoólicas no Brasil
O Mercado de Bebidas Alcoólicas no BrasilO Mercado de Bebidas Alcoólicas no Brasil
O Mercado de Bebidas Alcoólicas no Brasil
 
Ingredient Trends and Innovation in Sun Protection
Ingredient Trends and Innovation in Sun ProtectionIngredient Trends and Innovation in Sun Protection
Ingredient Trends and Innovation in Sun Protection
 
Brexit and Trump: Tourism in Times of Political Disruptions
Brexit and Trump: Tourism in Times of Political DisruptionsBrexit and Trump: Tourism in Times of Political Disruptions
Brexit and Trump: Tourism in Times of Political Disruptions
 
O mercado de bebidas nao-alcoólicas no Brasil em 2016
O mercado de bebidas nao-alcoólicas no Brasil em 2016O mercado de bebidas nao-alcoólicas no Brasil em 2016
O mercado de bebidas nao-alcoólicas no Brasil em 2016
 
The Global PET Bottle Market in 2016: Key Performances and Prospects for Growth
The Global PET Bottle Market in 2016: Key Performances and Prospects for GrowthThe Global PET Bottle Market in 2016: Key Performances and Prospects for Growth
The Global PET Bottle Market in 2016: Key Performances and Prospects for Growth
 
The State of Global Pet Food: New Trends and Growth Opportunities
The State of Global Pet Food: New Trends and Growth OpportunitiesThe State of Global Pet Food: New Trends and Growth Opportunities
The State of Global Pet Food: New Trends and Growth Opportunities
 
Navigating the Consumer Market: Demographics, Marketing & Regulatory Consider...
Navigating the Consumer Market: Demographics, Marketing & Regulatory Consider...Navigating the Consumer Market: Demographics, Marketing & Regulatory Consider...
Navigating the Consumer Market: Demographics, Marketing & Regulatory Consider...
 
A Snapshot of Global Trends in Private Label
A Snapshot of Global Trends in Private LabelA Snapshot of Global Trends in Private Label
A Snapshot of Global Trends in Private Label
 
Connect Mobile Innovation Summit: Going Beyond the Phone
Connect Mobile Innovation Summit: Going Beyond the PhoneConnect Mobile Innovation Summit: Going Beyond the Phone
Connect Mobile Innovation Summit: Going Beyond the Phone
 
The Future of Food in Australia
The Future of Food in AustraliaThe Future of Food in Australia
The Future of Food in Australia
 
The UK Post-Referendum
The UK Post-ReferendumThe UK Post-Referendum
The UK Post-Referendum
 

Dernier

FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756
FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756
FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756dollysharma2066
 
Call Girls From Pari Chowk Greater Noida ❤️8448577510 ⊹Best Escorts Service I...
Call Girls From Pari Chowk Greater Noida ❤️8448577510 ⊹Best Escorts Service I...Call Girls From Pari Chowk Greater Noida ❤️8448577510 ⊹Best Escorts Service I...
Call Girls From Pari Chowk Greater Noida ❤️8448577510 ⊹Best Escorts Service I...lizamodels9
 
PHX May 2024 Corporate Presentation Final
PHX May 2024 Corporate Presentation FinalPHX May 2024 Corporate Presentation Final
PHX May 2024 Corporate Presentation FinalPanhandleOilandGas
 
Falcon Invoice Discounting: The best investment platform in india for investors
Falcon Invoice Discounting: The best investment platform in india for investorsFalcon Invoice Discounting: The best investment platform in india for investors
Falcon Invoice Discounting: The best investment platform in india for investorsFalcon Invoice Discounting
 
The Path to Product Excellence: Avoiding Common Pitfalls and Enhancing Commun...
The Path to Product Excellence: Avoiding Common Pitfalls and Enhancing Commun...The Path to Product Excellence: Avoiding Common Pitfalls and Enhancing Commun...
The Path to Product Excellence: Avoiding Common Pitfalls and Enhancing Commun...Aggregage
 
Whitefield CALL GIRL IN 98274*61493 ❤CALL GIRLS IN ESCORT SERVICE❤CALL GIRL
Whitefield CALL GIRL IN 98274*61493 ❤CALL GIRLS IN ESCORT SERVICE❤CALL GIRLWhitefield CALL GIRL IN 98274*61493 ❤CALL GIRLS IN ESCORT SERVICE❤CALL GIRL
Whitefield CALL GIRL IN 98274*61493 ❤CALL GIRLS IN ESCORT SERVICE❤CALL GIRLkapoorjyoti4444
 
Phases of Negotiation .pptx
 Phases of Negotiation .pptx Phases of Negotiation .pptx
Phases of Negotiation .pptxnandhinijagan9867
 
Call Girls Service In Old Town Dubai ((0551707352)) Old Town Dubai Call Girl ...
Call Girls Service In Old Town Dubai ((0551707352)) Old Town Dubai Call Girl ...Call Girls Service In Old Town Dubai ((0551707352)) Old Town Dubai Call Girl ...
Call Girls Service In Old Town Dubai ((0551707352)) Old Town Dubai Call Girl ...allensay1
 
Call Now ☎️🔝 9332606886🔝 Call Girls ❤ Service In Bhilwara Female Escorts Serv...
Call Now ☎️🔝 9332606886🔝 Call Girls ❤ Service In Bhilwara Female Escorts Serv...Call Now ☎️🔝 9332606886🔝 Call Girls ❤ Service In Bhilwara Female Escorts Serv...
Call Now ☎️🔝 9332606886🔝 Call Girls ❤ Service In Bhilwara Female Escorts Serv...Anamikakaur10
 
Value Proposition canvas- Customer needs and pains
Value Proposition canvas- Customer needs and painsValue Proposition canvas- Customer needs and pains
Value Proposition canvas- Customer needs and painsP&CO
 
Al Mizhar Dubai Escorts +971561403006 Escorts Service In Al Mizhar
Al Mizhar Dubai Escorts +971561403006 Escorts Service In Al MizharAl Mizhar Dubai Escorts +971561403006 Escorts Service In Al Mizhar
Al Mizhar Dubai Escorts +971561403006 Escorts Service In Al Mizharallensay1
 
The Abortion pills for sale in Qatar@Doha [+27737758557] []Deira Dubai Kuwait
The Abortion pills for sale in Qatar@Doha [+27737758557] []Deira Dubai KuwaitThe Abortion pills for sale in Qatar@Doha [+27737758557] []Deira Dubai Kuwait
The Abortion pills for sale in Qatar@Doha [+27737758557] []Deira Dubai Kuwaitdaisycvs
 
How to Get Started in Social Media for Art League City
How to Get Started in Social Media for Art League CityHow to Get Started in Social Media for Art League City
How to Get Started in Social Media for Art League CityEric T. Tung
 
SEO Case Study: How I Increased SEO Traffic & Ranking by 50-60% in 6 Months
SEO Case Study: How I Increased SEO Traffic & Ranking by 50-60%  in 6 MonthsSEO Case Study: How I Increased SEO Traffic & Ranking by 50-60%  in 6 Months
SEO Case Study: How I Increased SEO Traffic & Ranking by 50-60% in 6 MonthsIndeedSEO
 
Marel Q1 2024 Investor Presentation from May 8, 2024
Marel Q1 2024 Investor Presentation from May 8, 2024Marel Q1 2024 Investor Presentation from May 8, 2024
Marel Q1 2024 Investor Presentation from May 8, 2024Marel
 
Call Girls in Delhi, Escort Service Available 24x7 in Delhi 959961-/-3876
Call Girls in Delhi, Escort Service Available 24x7 in Delhi 959961-/-3876Call Girls in Delhi, Escort Service Available 24x7 in Delhi 959961-/-3876
Call Girls in Delhi, Escort Service Available 24x7 in Delhi 959961-/-3876dlhescort
 
Call Girls In Noida 959961⊹3876 Independent Escort Service Noida
Call Girls In Noida 959961⊹3876 Independent Escort Service NoidaCall Girls In Noida 959961⊹3876 Independent Escort Service Noida
Call Girls In Noida 959961⊹3876 Independent Escort Service Noidadlhescort
 
Call Girls Kengeri Satellite Town Just Call 👗 7737669865 👗 Top Class Call Gir...
Call Girls Kengeri Satellite Town Just Call 👗 7737669865 👗 Top Class Call Gir...Call Girls Kengeri Satellite Town Just Call 👗 7737669865 👗 Top Class Call Gir...
Call Girls Kengeri Satellite Town Just Call 👗 7737669865 👗 Top Class Call Gir...amitlee9823
 

Dernier (20)

FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756
FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756
FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756
 
Call Girls From Pari Chowk Greater Noida ❤️8448577510 ⊹Best Escorts Service I...
Call Girls From Pari Chowk Greater Noida ❤️8448577510 ⊹Best Escorts Service I...Call Girls From Pari Chowk Greater Noida ❤️8448577510 ⊹Best Escorts Service I...
Call Girls From Pari Chowk Greater Noida ❤️8448577510 ⊹Best Escorts Service I...
 
Falcon Invoice Discounting platform in india
Falcon Invoice Discounting platform in indiaFalcon Invoice Discounting platform in india
Falcon Invoice Discounting platform in india
 
PHX May 2024 Corporate Presentation Final
PHX May 2024 Corporate Presentation FinalPHX May 2024 Corporate Presentation Final
PHX May 2024 Corporate Presentation Final
 
Falcon Invoice Discounting: The best investment platform in india for investors
Falcon Invoice Discounting: The best investment platform in india for investorsFalcon Invoice Discounting: The best investment platform in india for investors
Falcon Invoice Discounting: The best investment platform in india for investors
 
The Path to Product Excellence: Avoiding Common Pitfalls and Enhancing Commun...
The Path to Product Excellence: Avoiding Common Pitfalls and Enhancing Commun...The Path to Product Excellence: Avoiding Common Pitfalls and Enhancing Commun...
The Path to Product Excellence: Avoiding Common Pitfalls and Enhancing Commun...
 
Whitefield CALL GIRL IN 98274*61493 ❤CALL GIRLS IN ESCORT SERVICE❤CALL GIRL
Whitefield CALL GIRL IN 98274*61493 ❤CALL GIRLS IN ESCORT SERVICE❤CALL GIRLWhitefield CALL GIRL IN 98274*61493 ❤CALL GIRLS IN ESCORT SERVICE❤CALL GIRL
Whitefield CALL GIRL IN 98274*61493 ❤CALL GIRLS IN ESCORT SERVICE❤CALL GIRL
 
Phases of Negotiation .pptx
 Phases of Negotiation .pptx Phases of Negotiation .pptx
Phases of Negotiation .pptx
 
Call Girls Service In Old Town Dubai ((0551707352)) Old Town Dubai Call Girl ...
Call Girls Service In Old Town Dubai ((0551707352)) Old Town Dubai Call Girl ...Call Girls Service In Old Town Dubai ((0551707352)) Old Town Dubai Call Girl ...
Call Girls Service In Old Town Dubai ((0551707352)) Old Town Dubai Call Girl ...
 
Call Now ☎️🔝 9332606886🔝 Call Girls ❤ Service In Bhilwara Female Escorts Serv...
Call Now ☎️🔝 9332606886🔝 Call Girls ❤ Service In Bhilwara Female Escorts Serv...Call Now ☎️🔝 9332606886🔝 Call Girls ❤ Service In Bhilwara Female Escorts Serv...
Call Now ☎️🔝 9332606886🔝 Call Girls ❤ Service In Bhilwara Female Escorts Serv...
 
Value Proposition canvas- Customer needs and pains
Value Proposition canvas- Customer needs and painsValue Proposition canvas- Customer needs and pains
Value Proposition canvas- Customer needs and pains
 
Al Mizhar Dubai Escorts +971561403006 Escorts Service In Al Mizhar
Al Mizhar Dubai Escorts +971561403006 Escorts Service In Al MizharAl Mizhar Dubai Escorts +971561403006 Escorts Service In Al Mizhar
Al Mizhar Dubai Escorts +971561403006 Escorts Service In Al Mizhar
 
The Abortion pills for sale in Qatar@Doha [+27737758557] []Deira Dubai Kuwait
The Abortion pills for sale in Qatar@Doha [+27737758557] []Deira Dubai KuwaitThe Abortion pills for sale in Qatar@Doha [+27737758557] []Deira Dubai Kuwait
The Abortion pills for sale in Qatar@Doha [+27737758557] []Deira Dubai Kuwait
 
How to Get Started in Social Media for Art League City
How to Get Started in Social Media for Art League CityHow to Get Started in Social Media for Art League City
How to Get Started in Social Media for Art League City
 
SEO Case Study: How I Increased SEO Traffic & Ranking by 50-60% in 6 Months
SEO Case Study: How I Increased SEO Traffic & Ranking by 50-60%  in 6 MonthsSEO Case Study: How I Increased SEO Traffic & Ranking by 50-60%  in 6 Months
SEO Case Study: How I Increased SEO Traffic & Ranking by 50-60% in 6 Months
 
Marel Q1 2024 Investor Presentation from May 8, 2024
Marel Q1 2024 Investor Presentation from May 8, 2024Marel Q1 2024 Investor Presentation from May 8, 2024
Marel Q1 2024 Investor Presentation from May 8, 2024
 
Call Girls in Delhi, Escort Service Available 24x7 in Delhi 959961-/-3876
Call Girls in Delhi, Escort Service Available 24x7 in Delhi 959961-/-3876Call Girls in Delhi, Escort Service Available 24x7 in Delhi 959961-/-3876
Call Girls in Delhi, Escort Service Available 24x7 in Delhi 959961-/-3876
 
Call Girls In Noida 959961⊹3876 Independent Escort Service Noida
Call Girls In Noida 959961⊹3876 Independent Escort Service NoidaCall Girls In Noida 959961⊹3876 Independent Escort Service Noida
Call Girls In Noida 959961⊹3876 Independent Escort Service Noida
 
(Anamika) VIP Call Girls Napur Call Now 8617697112 Napur Escorts 24x7
(Anamika) VIP Call Girls Napur Call Now 8617697112 Napur Escorts 24x7(Anamika) VIP Call Girls Napur Call Now 8617697112 Napur Escorts 24x7
(Anamika) VIP Call Girls Napur Call Now 8617697112 Napur Escorts 24x7
 
Call Girls Kengeri Satellite Town Just Call 👗 7737669865 👗 Top Class Call Gir...
Call Girls Kengeri Satellite Town Just Call 👗 7737669865 👗 Top Class Call Gir...Call Girls Kengeri Satellite Town Just Call 👗 7737669865 👗 Top Class Call Gir...
Call Girls Kengeri Satellite Town Just Call 👗 7737669865 👗 Top Class Call Gir...
 

Five Key Growth Trends for Asia Retailing

  • 1. FIVE KEY GROWTH TRENDS FOR ASIA RETAILING MICHELLE GRANT HEAD OF RETAILING APRCE 2017, Kuala Lumpur
  • 2. © Euromonitor International 2 Euromonitor International FIVE KEY GROWTH TRENDS FOR ASIA RETAILING
  • 3. CONSUMERS IN 2021 CHINA AND INDIA MODERNISATION OF GROCERY FASHION’S TRANSFORMATION RISE OF DIGITAL COMMERCE KEY TAKEAWAYS
  • 4. © Euromonitor International 4 Asian consumers are changing FIVE KEY GROWTH TRENDS FOR ASIA RETAILING Urbanisation Households Ageing Income
  • 5. © Euromonitor International 5 Asia will continue its rapid urbanisation FIVE KEY GROWTH TRENDS FOR ASIA RETAILING 0 100,000 200,000 300,000 400,000 500,000 600,000 700,000 800,000 900,000 1,000,000 2016 2017 2018 2019 2020 2021 People Urban Population by Country China India Indonesia Others
  • 6. © Euromonitor International 6 Single households will grow the fastest FIVE KEY GROWTH TRENDS FOR ASIA RETAILING Other Couple w/ children Single parent Couple w/out children Single person
  • 7. © Euromonitor International 7 Emerging markets will experience strong income growth FIVE KEY GROWTH TRENDS FOR ASIA RETAILING 0 5 10 15 20 25 30 35 0 10,000 20,000 30,000 40,000 50,000 60,000 70,000 80,000 %Growth2016-2021 Median Household Income, US$ The Growth of Median Household Income Vietnam Thailand Malaysia China Indonesia Taiwan South Korea Japan Hong Kong Singapore India Philippines
  • 8. CONSUMERS IN 2021 CHINA AND INDIA MODERNISATION OF GROCERY FASHION’S TRANSFORMATION RISE OF DIGITAL COMMERCE KEY TAKEAWAYS
  • 9. 60% of Asia Pacific retail sales growth will come from China and India in the next five years
  • 10. © Euromonitor International 10 Fastest growing channels FIVE KEY GROWTH TRENDS FOR ASIA RETAILING China Digital Commerce Supermarkets Home and Garden Specialists India Digital Commerce Traditional Grocers Jewellery and Watch Specialists
  • 11. CONSUMERS IN 2021 CHINA AND INDIA MODERNISATION OF GROCERY FASHION’S TRANSFORMATION RISE OF DIGITAL COMMERCE KEY TAKEAWAYS
  • 12. © Euromonitor International 12 Modern grocery channels growing quickly in emerging markets FIVE KEY GROWTH TRENDS FOR ASIA RETAILING 0 1 2 3 4 5 6 7 8 9 10 2017 2018 2019 2020 2021 %Growth Y-o-Y Growth by Channel, Asia Pacific Convenience Stores Hypermarkets Supermarkets Traditional Grocers
  • 13. © Euromonitor International 13 India still relies heavily on traditional grocery FIVE KEY GROWTH TRENDS FOR ASIA RETAILING Traditional Grocery Location Daily Inexpensive Relationships
  • 14. © Euromonitor International 14 Supermarkets and hypermarkets appeal to shoppers FIVE KEY GROWTH TRENDS FOR ASIA RETAILING Assortment Price Quality Modern environments
  • 15. © Euromonitor International 15 Convenience stores bring modernity to traditional shopping FIVE KEY GROWTH TRENDS FOR ASIA RETAILING Operations Franchises Longer operating hours Better locations Experience Modern environments Social places Assortment
  • 16. CONSUMERS IN 2021 CHINA AND INDIA MODERNISATION OF GROCERY FASHION’S TRANSFORMATION RISE OF DIGITAL COMMERCE KEY TAKEAWAYS
  • 17. © Euromonitor International 17 Fast fashion outpaces specialists growth FIVE KEY GROWTH TRENDS FOR ASIA RETAILING 0 2 4 6 8 10 12 14 16 18 2012 2013 2014 2015 2016 %Growth Fast Fashion Growth Compared to Specialists Fast Fashion Apparel Specialists
  • 18. © Euromonitor International 18 Sports good stores benefit from rise in sportswear FIVE KEY GROWTH TRENDS FOR ASIA RETAILING 0 1,000 2,000 3,000 4,000 5,000 6,000 7,000 8,000 China India Japan South Korea Hong Kong, China Thailand Taiwan Indonesia Malaysia Philippines Vietnam Singapore US$ millions 2011-2016 Absolute Growth in Sportswear, Asia Pacific
  • 19. CONSUMERS IN 2025 CHINA AND INDIA MODERNISATION OF GROCERY FASHION’S TRANSFORMATION RISE OF DIGITAL COMMERCE KEY TAKEAWAYS
  • 20. 9%In-store sales growth 80%E-commerce sales growth 103%M-commerce sales growth
  • 21. © Euromonitor International 21 Digital commerce development varies by country FIVE KEY GROWTH TRENDS FOR ASIA RETAILING 0 10 20 30 40 50 60 70 80 90 100 South Korea China Taiwan India Japan Indonesia Pakistan Thailand Vietnam Philippines % Share Retail Sales by Channel, 2021 In-Store E-Commerce M-Commerce
  • 22. CONSUMERS IN 2025 CHINA AND INDIA MODERNISATION OF GROCERY FASHION’S TRANSFORMATION RISE OF DIGITAL COMMERCE KEY TAKEAWAYS
  • 23. © Euromonitor International 23  Changing consumers require different tactics  China and India are the strongest growth markets  Emerging markets are embracing modern grocery  Fashion retail is transforming  The power of digital is undeniable Key takeaways FIVE KEY GROWTH TRENDS FOR ASIA RETAILING
  • 24. THANK YOU FOR LISTENING Michelle Grant | Head of Retailing Michelle.grant@euromonitor.com @EMI_MichelleG www.linkedin.com/in/migrant1