SINGAPORE--(BUSINESS WIRE)--Euromonitor International and Retail Asia are proud to announce the launch of the 13th ‘Retail Asia Top 500 Retailers Ranking’. In 2015, the region’s top 500 retailers recorded total sales of US$964 billion, declining by 5 percent in current value terms due to the strong dollar. However, Chinese companies continued dominating the list, accounting for 33 percent of the ranking.
According to Euromonitor’s data, Asia Pacific continues to top the digital commerce in 2014 - 2015, with mobile retailing sales reaching US$200 billion, an increase of 113 percent.
“Asia became the leader in online and mobile commerce in 2013 - mobile retailing in the region is two and half times larger than that of North America, which is the second largest market for mobile retailing,” says Michelle Grant, Head of Retailing at Euromonitor International. “It is likely that more and more innovation in digital commerce will come from Asia Pacific,” she added.
Ranking highlights the increasing demand for convenience in Asia, driven by urbanization, smaller households and an on-demand culture. The Philippines, Thailand, and Vietnam were the only countries to see all of their ranked retailers grow in 2015.
The Retail Asia Top 500 ranking, based on Euromonitor International’s retailing data, ranks the top retailers from 14 key economies across Asia Pacific in terms of total sales, number of outlets, sales area and sales per square metres.
The top 5 Asia Pacific retailers in 2015:
1. 7-Eleven (JP)
2. AEON, Daiei (JP)
3. Woolworths, Thomas Dux
(AU)
4. Coles, Bi-Lo (AU)
5. CR Sugo, CR Vanguard Hypermarket,
Tesco Legoun (CN)
To download the free report, visit:
http://go.euromonitor.com/FR-160613-Retail-Asia_landing-page.html
About Euromonitor International
Euromonitor International is the world’s leading provider for global business intelligence and strategic market analysis. We have more than 40 years of experience publishing international market reports, business reference books and online databases on consumer markets.
