Market Dynamics:
One of the major drivers for the growth of the consumer product and retail market is rising urbanization. According to data, over 68% of the projected global population of 9.8 billion people is expected to live in urban areas by 2050 resulting in burgeoning demand for consumer goods. Moreover, increasing disposable incomes combined with easy access to credit has fueled the...
SWOT Analysis
Strength: The global consumer product and retail market benefits from strong infrastructure and strategic placement of warehouses and supply chains. Large retailers have strong branding and loyal customer bases. Innovation in product design and customer experience enhances market position. Weakness: Rising costs, supply chain bottlenecks and shifting consumer preferences present...
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