#premiumization — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #premiumization, aggregated by home.social.
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The #retail #market in #China is projected to expand by USD 1192.7 billion between 2024 and 2028, growing at a compound annual #growth rate (#CAGR) of nearly 8.09%. This surge is fueled by the #premiumization of #products and a shift towards #online and #omni-channel #trade. However, challenges such as rampant #counterfeiting in the #premium #segment persist. Key players in this market include #Alibaba, #JD.com, #Walmart, #Suning, and #Pinduoduo. https://cnbusinessforum.com/chinas-retail-market-poised-for-rapid-growth-through-2028/