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


SEND
 PRINT 

Post a comment

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



(will not be published)

* obligatory fields


Latest news

First Screwfix store in Ireland

Screwfix now has a first location in Ireland. The rapidly expanding sales channel in the British Kingfisher group has opened a branch in Sandyford in View news...

International trends also on the Italian garden market

The Italian garden market achieved a volume of EUR 2.863 bn in 2019. "According to our projections, the trend should be positive at least View news...

Franz-Peter Tepaß of Obi is the new BHB head

The new chairman of the German DIY industry association BHB is from Obi. Franz-Peter Tepaß, managing director of Obi GmbH & Co. Deutschland KG View news...

Sales in German DIY stores grow by 3.2 per cent in 2019

German home improvement stores will increase their sales by 3.2 per cent to EUR 23.00 bn this year. This was the forecast issued by market View news...