DUBLIN, July 20, 2021--(BUSINESS WIRE)--The "Retailing in China - Market Shares, Summary and Forecasts to 2025" report has been added to ResearchAndMarkets.com's offering.
This report provides both the historic and forecast market data of total retail sales in China. It illustrates the data with charts, graphs and tables summarizing the value trends, with individual sector details in overall retail. The forecasts include the impact of COVID-19 on growth. The report also reveals major retailers in each sector and their market share along with their price and market positioning in 2020.
This report uses data from The publisher's Retail database showing the trends in the market and sectors by value. It also reveals the major retailers by market share in 2020 in each of the sectors. All data includes the impact COVID-19 has had on sales in 2020 (forecasted at the date of publication).
The overall retail industry in China is forecast to grow at a CAGR of 7.1% between 2020 and 2025 to reach C44.9 trillion.
Food & Grocery is the dominating sector with C19.7 trillion in 2020 but Clothing & Footwear is the fastest growing sector, which will grow at 8.1% CAGR between 2020-2025 to reach C3.6 trillion .
Convenience stores (including independents) and gas stations is the leading channel, while online channel is expected to see the maximum growth during the forecast period, registering a CAGR of 14.4% between 2020-2025 to reach C8.7 trillion.
The Chinese retail industry is dominated by mass market players
Reasons to Buy
Gain a comprehensive view of the retail industry and forecasts to 2025
Explore new opportunities that will allow you to align your product offerings and strategies to meet demand following the impact of COVID-19 on the retail market
Investigate current and forecast trends in retail sectors to identify the opportunities offering the most potential
Understand who the main competitors are in the sectors and their price positioning
Key Topics Covered:
The State of Nation
The State of Retail
Clothing & footwear
Food & grocery
Health & beauty
Yonghui Superstores Group
Perfect(China) Co Ltd
Chongqing TJG Drugstore
Yunnan Hongxiang Yixingtang Pharmacy
For more information about this report visit https://www.researchandmarkets.com/r/aaezct
View source version on businesswire.com: https://www.businesswire.com/news/home/20210720005569/en/
Laura Wood, Senior Press Manager
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