What’s new in retail - Emerging global concepts

16 December 2016

According to new retailing research, the outlook for the global retail industry remains positive. The growth of the global retail industry is expected to be 15% from 2016 to 2021. This is mostly driven by Asia Pacific, which is expected to account for 40% of growth in the next five years.
Five key trends are expected to define the industry’s evolution to 2021. One of the trends is that customer demand for convenience will be further perpetuated by advances in e-commerce and technology. Global socioeconomic and demographic trends will also contribute to rising demand for convenience amongst an increasingly urban and aging populace (News Item Euromonitor, 23 November 2016).
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This news item is also included in our monthly overview, the NVC Members-only Update. If you have any questions, please contact us: info@nvc.nl, +31-(0)182-512411.