Insights
Kantar Worldpanel - www.kantarworldpanel.com
News

Further recovery for China's FMCG market

28/09/2017

Share

Modern trade  including hypermarkets, supermarkets, and convenience stores  grew by 4.0%.

Modern trade including hypermarkets, supermarkets, and convenience stores grew by 4.0%.

Kantar Worldpanel’s latest figures, published today for 12 weeks ending 11 August 2017, show that consumer spending on FMCG in China grew by 4.6% compared to the same period last year. This fact reveals an even stronger sign of recovery.

Lower tier cities – prefecture cities, county level cities and counties – enjoyed faster growth at 4.9%, while key and provincial capitals grew by 4.1%. The West and the South regions enjoyed faster growth at 6.5% and 5.4%, respectively. In contrast, the North and the East regions’ growth remained sluggish.

Modern trade – including hypermarkets, supermarkets, and convenience stores – grew by 4.0%. Four out of the top five key retailers (Sun Art Group, Walmart Group, Carrefour and Yonghui Group) enjoyed fast growth above 5% versus same period last year, leading the recovery of the brick and mortar retail.

 

The leading online player, Tmall, expanded its shopper base. 8% of China’s urban households made purchases during the last 12 weeks. JD also grew at a fast pace by shopper expansion. 

Get in touch

Jason Yu

Managing Director, Greater China

 

+86 21 6170 0101

Send an e-mail

Newsletter

Print this page

Follow us
Newsletter
Twitter
LinkedIn
Facebook

Our website uses cookies to improve the user experience.By continuing to use this site you agree to our use of cookies. [Cookies]