Retail Market In China to Accelerate at a CAGR of Almost 10% during 2021-2025|Market Planning Structure|Technavio
LONDON–(BUSINESS WIRE)–Technavio has been monitoring the retail market in China and it is poised to grow by USD 1420.30 billion during 2021-2025, progressing at a CAGR of almost 10% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
Impact of COVID-19
The COVID-19 pandemic continues to transform the growth of various industries, however, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. COVID-19 will have a high…