The Big Retail Picture in Asia Pacific: Now with Expanded Coverage to 14 Markets

 In Australia, International, NewZealand
Asia Pacific continues to shine on most companies’ radar when looking for growth opportunities thanks to its combination of large populations with increasing spending capacity and optimistic consumer sentiment. Across Asia Pacific, four markets boast GDP growth at greater than 5{845d44a2f09c0018d802e19e78941a85dc2180e4ed7410cee0b34e8cb134ecea} (China, India, Philippines and Vietnam) and six markets are enjoying higher GDP growth in 2016 than last year (Australia, Indonesia, South Korea, New Zealand, Philippines and Thailand).
Consumer confidence has remained stable or increased throughout 2016 for the majority of emerging markets in the region, although the same can’t be said for the region’s more developed markets where confidence remains low. Nonetheless, there is a growing number of consumers across Asia whose disposable incomes are growing, and who are both able and willing to spend. Nielsen – Read more…

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