Asia General Retailing

Variety Stores in Vietnam Similar to department stores, variety stores, which is another channel that mostly sells non-grocery products, was hit hard by the COVID-19 effects on trade in 2021. Due to national lockdown and ongoing social distancing, which led to outlets closing from June and reduced f ...

Retailing in Vietnam In May 2021, there was a surge in the number of COVID-19 cases in Vietnam, which led the government to impose another lockdown in Ho Chi Minh and in most southern provinces, obliging people to stay at home and only go out for basic necessities such as purchasing groceries or med ...

Variety Stores in China Although variety stores was negatively affected by the temporary closure of stores during the pandemic in 2020, it returned to strong growth in 2021. One reason for the strong rebound was increasing consumer price-consciousness in light of the pandemic, recognising the import ...

Retailing in South Korea In 2021, social distancing measures enforced by the government to prevent the further spread of COVID-19 continued to affect channel dynamics in South Korea. E-commerce was a particular beneficiary of ongoing home seclusion, recording another year of double-digit current val ...

Retailing in South Korea In 2021, social distancing measures enforced by the government to prevent the further spread of COVID-19 continued to affect channel dynamics in South Korea. E-commerce was a particular beneficiary of ongoing home seclusion, recording another year of double-digit current val ...

Variety Stores in South Korea While many other retail channels were negatively hit by COVID-19, variety stores in South Korea performed relatively well despite the temporary decline of footfall when the country faced several major waves of the virus. Aside from the core value proposition offered by ...

Direct Selling in South Korea In South Korea, direct selling players experienced another challenging year in 2021. Despite the partial recovery from 2020’s declines, the channel failed to fully recover to pre-pandemic levels due to the rapid growth of e-commerce. Continued restrictions on in-person ...

Variety Stores in South Korea While many other retail channels were negatively hit by COVID-19, variety stores in South Korea performed relatively well despite the temporary decline of footfall when the country faced several major waves of the virus. Aside from the core value proposition offered by ...

Retailing in Japan In 2021, COVID-19 continued to impact the overall retailing landscape in Japan. In areas in which the number of COVID-19 cases was high, such Tokyo and Osaka, a state of emergency was declared by the government for most of the year, and August 2021 recorded the highest number of C ...

Variety Stores in Japan 100 yen shops continued to show growth despite the pandemic due to their affordability and product variety. With the prolonged impact of COVID-19 home seclusion continued and consumers spent more time at home. Products sold at 100 yen shops were considered useful and affordab ...

Retailing in India As the Indian economy recovered in 2021, retailing reported healthy growth, despite a second wave of COVID-19 hitting the country in the first half of the year. Overall retailing saw double-digit growth in 2021, compared with a slight decline in 2020. Recovery was facilitated by m ...

Southeast Asian Buy Now Pay Later Growth Opportunities The payments industry is now lucrative for start-ups to tap into new niche market segments and promote financial inclusion in groups with limited access to credit services from banks. The buy now, pay later (BNPL) solution has emerged as an alte ...

Retail Industry in Thailand - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027) Thailand is one of the economically most influential countries in South Asia. The capital city of Bangkok is a social hub of Thailand, with a flourishing retail industry market. It fascinated not only Thai res ...

South Korea Retail Sector - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027) The South Korea retail sector is projected to register a CAGR of less than 4% during the forecast period, 2021-2026. The South Korean retail industry is one of the largest markets among the Asian countries. Mode ...

China Retail Sector - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027) The Chinese retail sector is projected to witness a CAGR of 10.6% by 2024. The market is segmented by product category, distribution channel, and market dynamics. Key Highlights China’s economy appears to be stabilizi ...

Malaysia Retail Sector - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027) The Malaysian retail industry has been one of the largest contributing sectors to the country’s gross domestic product (GDP) for the past decades. Several national and international brands have been performing in t ...

Indonesia Retail Sector - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027) The retail sector in Indonesia remains one of the most promising markets among Asian countries, on the back of its large population and the growing middle class with higher household purchasing power and increasin ...

Vietnam Retail Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027) The Vietnam retail market is projected to register a CAGR of more than 10% during the forecast period, 2021-2026. While the COVID-19 crisis remains complicated globally, Vietnam’s effective control of the pandemic l ...

Singapore Retail Sector - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027) The retail sector is one of the largest in Singapore, delivering constant growth during the study period. Though the global COVID-19 pandemic has restricted the market from registering growth during 2020 to a grea ...

The Future of Retailing in China to 2020; Comprehensive data overview of the market, with retail sales value and forecasts to 2020 Summary The Future of Retailing in China to 2020 is based upon an extensive, cross-country, industry research program which brings together Verdict Retail’s research, mo ...