Digital Commerce in Asia Pacific Recorded 113% Growth in 2015 to Reach US$200 Billion

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

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intelligence and strategic market analysis. We have more than 40 years
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Contacts

Benedicte Dia
Communications Manager – Euromonitor International
Tel:
+65 6429 0590 ext: 6598
benedicte.dia@euromonitor.com

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