We use our own and third-party cookies to optimize your experience on this site, including to maintain user sessions. Without these cookies our site will not function well. If you continue browsing our site we take that to mean that you understand and accept how we use the cookies. If you wish to decline our cookies we will redirect you to Google.
Already have an account? Sign in.

 Remember Me | Forgot Your Password?

China's FMCG Market Grew Slowly In 1Q 2017, Report Says

May 4, 2017: 12:00 AM EST
In China, spending on fast moving consumer goods grew slightly by 1.7 percent year on year in the first quarter of 2017, according to Kantar Worldpanel. Compared with the previous year, the country's GDP grew 6.9 percent, boosted by a government infrastructure focus and a hot housing market. Of the country's top 5 retailers, Sun Art, Vanguard, and Walmart were able to maintain their market ranking during the year. While Carrefour saw its market share drop by 0.1 point, local retailer Yonghui's share grew from 2.6 percent to 3 percent in the first quarter of 2017.
outpaced the market by opening more stores Jason Yu, "FMCG growth remained challenging in the first quarter, while local retailers outpaced the market by opening more stores", Kantar Worldpanel, May 04, 2017, © Kantar Worldpanel
China Business
Focus Areas
Food Business
Personal Care
Market News
Companies, Organizations
Market News
Developed by Yuri Ingultsov Software Lab.