DUBLIN--(BUSINESS WIRE)--The "Retail in China: Coronavirus (COVID-19) Country impact" report has been added to ResearchAndMarkets.com's offering.
The Coronavirus (COVID-19) country report analyses how the pandemic will impact retail spend in China.
The lockdown in China and the following path to normality due to the COVID-19 outbreak is expected to wipe off 3 trillion from the country's retail market in 2020, causing a 9.5% fall on 2019.
The retail market is forecast to recover in the second half of 2020, as consumers regain confidence and start visiting stores more frequently.
Key Highlights
- Food & grocery retailers and drug stores registered strong growth amid the pandemic as customers stockpiled essentials and hygiene products and refrained from purchasing big ticket items.
- The release of lockdown has fueled the appetite of wealthy Chinese consumers to spend again on luxury goods - particularly if they postponed these purchases over Chinese New Year.
Reasons to Buy
- Use revised market forecasts out to 2024 to understand how the Chinese retail market will perform.
- Use this in-depth analysis to review how key retailers have responded to COVID-19.
- Use data on key consumer shopping and lifestyle habits to see how the population have responded to the impact of COVID-19.
Key Topics Covered
- Market forecasts
- Consumer behaviour
- Retailer themes and responses
- Market forecasts
- Headlines
- Total retail market vs. pre-COVID-19 forecasts
- Total retail growth vs. pre-COVID-19 forecasts
- Consumer behaviour
- Purchasing patterns snapshot
- Purchasing patterns: non-food
- Purchasing patterns: food
- Purchasing patterns: drinks
- Purchasing patterns: personal care
- Consumer habits
- Retailer themes and responses
- Online and fulfilment
- Marketing
- Social media and digital channels
- Sharing human resources
- Appendix
- Methodology
List of Tables
- Change in shopping behaviour for key non-food categories
- Change in shopping behaviour for key food categories
- Change in shopping behaviour for key drinks categories
- Change in shopping behaviour for key personal care categories
List of Figures
- Total retail market vs. pre COVID-19 forecasts, 2019-2024
- Total retail growth vs. pre COVID-19 forecasts, 2019-2024
- Top 3 products that consumers stockpiled, bought more of, bought less of and stopped buying
- COVID-19 impact on consumer behaviou in terms of going out, preparing food at home and social media
Companies Mentioned
- Nike
- JD.com
- Meituan Dianping
- H&M
- Lin Qingxuan
- Cosmo Lady
- Hema
For more information about this report visit https://www.researchandmarkets.com/r/ujqkzl
Contacts
ResearchAndMarkets.com
Laura Wood, Senior Press Manager
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