Retail market attractiveness of selected countries 2019 statista. Global powers of retailing deloitte consumer business. The index analyzes 25 macroeconomic and retail specific variables to help retailers devise successful global strategies and to identify developing market investment opportunities. This article needs additional citations for verification. Since the first edition, we have seen retailers entering smaller, prosperous markets as well as large ones, and a game that was once. Retail sales of the global apparel market 2012 2021. Projected development of the global apparel market from 2017 until 2022, by country. This is the 16th edition of the global retail development index grdi. Turkey still ranks in the index but plummeted 18 positions due to serious political challenges and. Global blockchain businessasaservice commerce ecosystem, powering global sales for retailers and manufacturers with a complete white label online store solution. Kearney global retail development index rankings geopolitical instability and the growing power of local and regional competition in emerging markets. The inclusive development index 2018 summary and data highlights.
Since 2012, however, the world may have entered a period of trade growth that is almost in line with gdp growth. Developing countries offer retailers something they cant. It is a unique combination of updates from professionals on the ground and the insights of our leading research organization. While informal retailing prevails, department and variety stores are becoming more common. Global retail sales were projected to amount to around 30 trillion u. In particular, we focus not only on the most successful developing markets today, but also those that offer the most potential down the road see appendix. Apr 20, 2020 global retail development index latest breaking news, pictures, videos, and special reports from the economic times. Kearney global retail development index ranks 30 developing countries on a 0to100point scalethe higher the ranking, the more urgency there is.
Offers great promise as a vital and highpotential market, securing the top ranking in both the at kearneys 2009 global retail development index and the 2009 global services location index. Global wage report 2012 shows that the impact of the crisis on wages was far from uniform. The food loss index fli focuses on food losses that occur from production up to and not including the retail. Caf development bank of latin america and the netherlands ministry of foreign affairs through grant funding at ifc. Recent trends in global trade and global value chains. The 2018 index found that nearly all countries 91% had a valid nutrition plan or strategy. Global retail development index has guided global retailers with their strategic investments since 2002, a period in which the retail environment in developing markets has undergone massive transf. World development indicators wdi is the primary world bank collection of development indicators, compiled from officially recognized international sources. Kearney global retail development index ranks the top 30 developing countries for retail expansion worldwide. The 2016 global retail development index et retail. In the lancet, isabelle soerjomataram and colleagues1 report that about 169 million years of healthy life were lost due to cancer worldwide in 2008 alone, based on a summary measure disabilityadjusted lifeyears daly lost that combines years lived with disability and years of life lost because of premature death. Global retail development index latest breaking news, pictures, videos, and special reports from the economic times. Compare these ranking with other bric brazil, russia, india, and china countries.
Grdi global retail development index acronymfinder. Millennium development goal 3 reflects the global attention to the issue of gender inequality and has been providing the impetus for governments to eliminate gender inequality in primary and secondary education by 2005 and in all levels by 2015. Kearney global retail development index ranks 30 developing countries on a 0to100point scalethe higher the ranking, the more urgency there is to enter a country. Index index released by indias rank 1strank nomuras food vulnerability index 2019 japanese financial services group nomura 44th libya international intellectual property index 2020 us chambers of commerce 40th united states global democracy index 2019 eiu economist intelligence unit 51st norway. India ranked fourth in the global retail development index in 2011. The index analyzes 25 macroeconomic and retailspecific variables to help retailers devise successful global strategies and to identify developing market investment opportunities. Designed as an alternative to gdp, the inclusive development index idi reflects more closely the criteria by which people evaluate their countries economic progress figure 1. Geopolitical instability and the growing power of local and regional competition in emerging markets are forcing global retailers to continually rethink their. Supermarket revolution in asia and emerging development. Retail sales of the global apparel market 20122021 statista. According to estimates, over 80% of all retail sales in the usa is accounted for by the organized retailers while in europe, this figure accounts to 70%, 40% in brazil and. World health statistics 2012 contains whos annual compilation of healthrelated data for its 194 member states, and includes a summary of the progress made towards achieving the healthrelated millennium development goals mdgs and associated targets.
The 2017 global retail development index grdi titled the age of focus has placed india at the top position among 30 developing countries on ease of doing business in the retail sector. We would like to show you a description here but the site wont allow us. India is ranked fifth in the global retail development index in 2012. The 2017 global retail development index et retail. Additionally, we created the comprehensive site and streetscape design for the world trade center district. The third international congress on tvet that took place in shanghai in may 2012 played an important role in further enhancing the debate on. India has occupied a remarkable position in global retail august 2012. India ranks 5th in global retail development index but where.
The inclusive development index 2018 summary and data. Global retailing trends no doubt that organized retailing in developed world is far ahead than in india. In addition to the current years index, the reports for previous years can be accessed on this page. The index combines 25 macroeconomic and retail specific indicators to help retailers devise successful global strategies and to identify developing market investment opportunities. About the global retail development index the annual a. This chart shows global retail development index 2016. For the updated 2019 index framework, the analysis explored whether there was a valid nutrition plan or strategy within the past five years that accounted for both children and adults. This document includes an executive summary, an aidememoire of the discussion and the documents from the meeting. It presents the most current and accurate global development data available, and includes national, regional and global estimates.
Retail industry the retail industry was valued at usd 23,460 billion in 2017 and is expected to register a cagr of 5. The ict development index idi, which has been published annually since 2009, is a composite index that until 2017, combined 11 indicators into one benchmark measure. Jan 14, 2020 discover all statistics and data on fmcg retail in vietnam now on. Retailers competitiveness on global markets 185 an enterprise impleme nting a g lobal strateg y shoul d fully partic ipate in the globa l market, that is, possess a majority interest in the. Indias rankings in different indices 2020 bankexamstoday. The global retail development index is an annual study that ranks the top 30 developing countries for retail expansion worldwide. Grocery consumption and shoppingmall development offer opportunities, along with bulgarians penchant for foreign brands. The findings have put india on 5th position in its global retail development index grdi and second in. The market provides products such as food, apparel, furniture, jewelry, and various others.
Gender inequality united nations development programme. Low corporate tax and labor rates make it attractive to international retailers. However, in 20, the rank fell to fourteenth possibly due to slow spending and general economic slowdown, along with policy concerns over approval. Mar 30, 2020 indias rankings in different indices 2020. Developing countries offer retailers something they cant find elsewhere.
Retail sales of the global apparel market 2012 2021, by product segment. The concept is based on the notion that markets pass through four stages of retail development opening, peaking, declining, and closing as they mature, a process that typically takes 10 to 15 years. Analysis of financial performance and operations for fiscal years ended through june 2017 using company annual reports, planet retail database and other public sources. The inclusive development index 2018 world economic forum. Where do we stand today with regard to gender parity in wellbeing.
The findings have put india on 5th position in its global retail development index grdi and second in asia after china. September 2019 learn how and when to remove this template message. India ranks 5th in global retail development index but. Experiential retail is coming to life trend 5 planet friendly is due to arrive 16 trend 6 social currency will be more transactional 19 trend 7 from transaction to service provider 22 top 10 lessons for retailers 26 contacts 28 further publications 29 table of contents 2019 is poised to be a transformational year for retail. Please help improve this article by adding citations to reliable sources. Kearney global retail development index ranks emerging countries based on a set of twentyfive variables including four key variables. Trusted advisors to the worlds foremost organizations, we help our clients achieve immediate impact and growing advantage on their most missioncritical issues. This chart shows global retail development index 2016 global retail development index has guided global retailers with their strategic investments since 2002, a period in which the retail environment in developing markets has undergone massive transformation. It is used to monitor and compare developments in information and communication technology ict between countries and over time. The 2014 global retail development index by at kearney. Table 1 presents the updated 2018 results and global rankings of 103 economies for which data are available. Jun 05, 2017 the 2017 global retail development index grdi titled the age of focus has placed india at the top position among 30 developing countries on ease of doing business in the retail sector.
Grdi scores are based on the following four variables. By contrast with mortality rates and counts, which emphasise deaths. Find the latest version of this global retail development index attached to this. India secures top position in global retail development index. At the same time, it represents a marked decline from the five years preceding that, when global retail sales grew between 5. Emerging markets are forcing global retailers to continually rethink their.
New to the index at an impressive number four, ghanas political stability and urbanization are major drivers for modern retail. Retail sales value of convenience stores in vietnam from 2012 to. Start global sales of brand products easily dont need infrastructure with allinone. Retail industry trends, growth, analysis, overview 201924. Under this stricter standard, only 80% of countries achieved the target. The 2019 global retail development index is a mix of new consumers and old traditions. The global retail development index ranks the top 30 developing countries for retail investments, based on all macroeconomic and retail specificvariables. Jul 02, 2014 the grdi ranks the top 30 developing countries for retail investment based on several macroeconomic and retail specific variables see figure 1. Other markets, such as bulgaria and romania, have seen growth stall as retail development lagged peers. Retail sales of the global apparel market from 2012.
Through its tvet strategy 20102015 unesco explicitly recognizes the value of. Salient highlights the index has placed china at the second place. Pdf opportunities and challenges in the world of retailing. It ranks economies in two groups advanced and emerging. Global market perspective is jlls regular view on the impact of economic forces on property markets worldwide. Market definition 2012 the oecd competition committee debated market definition in june 2012. The grdi ranks the top 30 developing countries for retail investment based on several macroeconomic and retail specific variables see figure 1. Recent trends in global trade and global value chains christophe degain, bo meng, and zhi wang 2 d uring a long period after world war ii, global trade grew several times faster than global gdp. Global retail development index blogs, comments and archive news on. Global index of religiosity and atheism 2012 page 10 of 25 table 2 global atheism index for 2012 rank ordered from high to low national populations who are more inclined to say they are atheists china 47 japan 31 czech republic 30 france 29 korea, rep south 15 germany 15 netherlands 14. It also provides a global economic outlook, looks at the 50 fastestgrowing retailers, and highlights new entrants to the top 250. Financial support for the study was provided by the multilateral investment fund mif, a member of the interamerican development bank group.
Global positioning of indian retail india was ranked fifth in 2012 on the global retail development index, by at kearney, highlighting it as one of the key foreign investment destinations worldwide. Jun 12, 2017 the global retail development index identifies windows of opportunity for investing in organized retail in emerging markets. Opportunities and challenges in the world of retailing and the importance of adaption to the new markets. In addition to the current years index, the reports for. Kearneys global retail development index finds shifts in policy. Jul 31, 2012 kearneys global retail development index ranking 30 developing countries in terms of the overall opportunity for retail fdi ranked china number 1, india 3, vietnam 14, indonesia 16, malaysia 17, and the philippines 22 in 2010. In developed economies, the crisis led to a double dip in wages. The idi is a project of the world economic forums system initiative on the future of economic progress, which aims to inform and enable sustained and inclusive economic progress through deepened publicprivate cooperation through thought leadership and analysis, strategic dialogue and concrete cooperation, including by accelerating social impact through corporate action. Finally, this chapter ends with stating the changing trends of store base grocery retail formats. The grdi is unique because it identifies todays most successful markets and those.
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