How are technical consumer goods markets developing across the globe?
How are technical consumer goods markets developing across the globe? The answer to this question is that most markets exhibit positive growth rates in terms of sales volume (in local currency) for the period 2015-2016.
The country displaying the greatest growth rate in Latin America is Argentina* at 41.6%. In Africa, it's Egypt* at 25% and in Asia Pacific it's Vietnam at 16.1%.
The country showing the greatest growth rate in Eastern Europe is the Ukraine* at 21.6%, while in Western Europe it's Austria at 7.9%.
There are, however, twelve markets across the globe that present a moderate decline in growth rate and two displaying a considerable decline: Saudi Arabia (-22.8%) and Hong Kong (-23.7%).
See the bigger picture with our 'Technical consumer goods: How are markets performing across the world?' infographic.
*Country with inflation rates higher than 5% in 2016.