News | Global Retail Development Index

Back

“Expansion in growth markets attractive for trade”

China continues to be a particularly attractive when it comes to retail expansion, says Mirko Warschun from A. t. Kearney.

China continues to be a particularly attractive when it comes to retail expansion, says Mirko Warschun from A. t. Kearney.

"The faltering economy in home markets makes it attractive for the retail trade to invest in global growth markets." This is how Mirko Warschun, partner and head of the trade and consumer goods division at A. T. Kearney, summarises the current status of the newly released Global Retail Development Index (GRDI). "China continues to be a particularly attractive target with a retail trade sector which is expected to increase until the year 2024 to an estimated annual overall value of USD 6.6 trillion. But also other major emerging countries such as India and Brazil are developing positively," says Warschun.

For the index, the management consultant company examines 30 selected growth markets on the basis of three criteria: political and economic risks; population of at least five million and a gross domestic product per capita of at least USD 3 000.

In the 2017 edition of the GRDI, India still stood at first place, but has now switched places with China. Malaysia remains at rank three. Newly included in the index and landing straight at fourth place is Ghana. The greatest loss of attractiveness for retail investments was made by Turkey, which has dropped down 18 places to rank 22.

|12 November 2019 | 12:50


SEND
 PRINT 

Post a comment

* Please complete the areas marked in red correctly and in full!.



(will not be published)

* obligatory fields


Latest news

Cesare Epinati new general director at Obi Italia

There's been a shake-up at the top of Obi Italia. The new general director is Cesare Epinati. Epinati has been with Obi since 2015 and has assumed View news...

Adeo to close Zôdio stores in Italy

The French outfit Groupe Adeo is to close its three Zôdio stores in Italy this autumn. This news was reported by the Italian press and the industry View news...

Romanians discover DIY in the pandemic

Many Romanians seem to have discovered DIY for themselves in the Covid-19 pandemic. In an online survey by gabiralea.ro, 60 per cent of participants, View news...

Dedeman and Hornbach open in September

The number of DIY stores in Romania grew by two further major locations in September. At the start of the month, market leader Dedeman opened its View news...

DIY International | Service

DIY International Corona special

The Coronavirus crisis and the DIY industry

All news, reports and information from the DIY International editorial team in connection with the corona epidemic at a glance. The pages are constantly updated. As the situation changes very quickly, please note the date and time of the respective publication.

CORONA special

Actual figures

Statistics Home Improvement Europe


Statistics Home Improvement
This brochure provides a competent overview of the situation in the Home Improvement sector in 31 European countries.

Order now!