Impact of COVID-19 on the Global Retail and Manufacturing Market and Outlook 2020-2021

Impact of COVID-19 on the Retail and Manufacturing Market Outlook

With countries across the globe coming under quarantine orders and consumers around the world start avoiding human contact, players in the retail industry are scrambling to adapt to the situation. Global players recognize that the response to the novel COVID-19 virus will have a significant impact on their business.

They understand the situation is emerging and evolving daily, and they know they have limited time to respond. On the other hand, manufacturing in the world will not take off as soon as lockdown restrictions are lifted due to an acute shortage of workers who have returned to their home states or countries.

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This exclusive report by EMR explores the outbreak of COVID-19, its impact on the global and regional economy, and its implications on the retail and manufacturing sector. The report studies the impact of the crisis on the global economy by assessing parameters like consumption, GDP, business investment, residential investment, inventory, and governmental policies and decisions. The regional economies analysed for Q1 2020 till Q4 2021 are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

Keeping in mind the prevailing conditions, EMR’s new report titled, the ‘Impact of COVID-19 on the Retail and Manufacturing Market’, gives a holistic understanding of the exposure of the Automotive and Transportation sector to COVID-19, covering markets such as:

• Food and Grocery
• Furniture, Consumer Electronics
• Personal Care, Jewellery
• Automobile Industry
• Drugs and Pharmaceuticals
• Chemicals (Other than Fertilizers)
• Food Processing
• Electrical Equipment’s
• Cement
• Textiles (including dyed and printed)
• Electronics

 
For each of the above segment, the EMR report also gives an in-depth understanding of both the supply and the demand sides of the market by analysing:

• Key Parameters
• Price Variations of Key Raw Materials
• Production Shutdown
• Cash Flow Constraints
• Supply Chain Disruption
• Labour 
• Lockdown Impact
• Consumer Sentiments

With a focus on helping business leaders navigate through the shifting landscape, EMR also proposes some key short and medium to long term policies that look towards future growth while minimizing the economic damage. 

Our experts at EMR leverage proprietary data, models, and expert opinion to provide timely insight into what the emerging pandemic means for the current needs of the market and future strategies of the industry players. We concentrate on helping our customers better understand the economic challenges, conditions, and uncertainty faced across all markets around the world. COVID-19’s impact on the retail and manufacturing sector may take an extended period to correct, but global players can refer to our detailed report showcasing the impact on various sectors and mitigate risk in advance.

We have also updated all our reports considering the impact of COVID-19 coronavirus on the various industries. Check out the reports in other categories to get a deeper understanding of how the COVID-19 has been impacting your industry.

Key Highlights of the Report