IGD Archives - Inside Retail Asia
China is set to overtake the US to become the world’s largest grocery market by 2023 in value terms, according to new forecasts.
Online FMCG sales are forecast to grow 163 per cent by 2023 across major markets, according to IGD.
The Asian grocery market will generate US$4.264 trillion of sales by 2023 – almost the same as Europe and North America combined.
Global grocery markets are likely to generate an additional US$1.9 trillion in sales by 2023, led by Asian countries, according to new research data.
Seamless in-store shopping experiences coupled with innovative advances in technology are among IGD’s five key retail trends for 2019.
The Chinese grocery market by grow by 32.6 per cent by 2022, preserving its status as the largest grocery market in Asia.
Global research organisation IGD has reported that Asia’s large format retailers are set to grow 3.3 per cent a year to 2022.
Walmart is to test a new Sam’s Club concept which is less than a quarter the size of the current model.
AI will soon revolutionise the online grocery shopping experience, according to research released today.
Leaders in China’s retail grocery market are growing at a rate that almost doubles that of the entire sector, according to new research from IGD Asia.
Five trends will shape Asia’s grocery retail market over the next 12 months, according to IGD.
Asia is set to dominate growth in the global grocery market for the next five years.