Reports

As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.

Impact of COVID-19 on the Global Goods and Services Market: Impact on Global Economy; Impact on Regional Economy and Outlook: Q1 2020-Q4 2021; Sectoral Impact and Market Outlook Q1 2020-Q4 2021: Appliances, Clothing and Accessories, Cosmetics and Personal Care, Furniture, Household Care, Others; Key Policy Recommendations

Impact of COVID-19 on the Global Goods and Services Market Outlook

Due to the COVID-19 crisis, all the companies and businesses, irrespective of their size, are facing issues and challenges with a real risk of substantial declines in revenue and job losses in particular sectors.Millions have already been laid-off as global fashion companies cancel or suspend their orders in Bangladesh. Many other countries are also facing similar situations.

The goods and services market is likely to be impacted severely. Many developing countries are expected to see a sharp decline in the domestic consumer demand in the short term. Demand for essential goods and medical assistance may increase, but a lower demand is expected for non-essential goods such as apparel and various services. Quarantine measures around the world have already hit the service sector hard, particularly areas such as retail trade, leisure and hospitality, recreation, and transport services. Consumer durables companies are afraid to lose out on peak summer sales amid lockdowns. The outbreak has affected the sales of luxury goods; however, sanitary and health care and personal care products are in demand. Online sales are further expected to increase post lockdowns as people would be still hesitant to leave their homes.

This exclusive report by EMR explores the outbreak of COVID-19, its impact on the global and regional economies, and its implications on the goods and services 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 Global Goods and Services Market’, gives a holistic understanding of the exposure of the goods and services sector to COVID-19, covering markets such as:

  • Appliances 
  • Clothing and Accessories
  • Cosmetics and Personal Care
  • Furniture 
  • Household Care
  • Luxury Goods and Services
  • Outsourcing 
  • Recreational Goods
  • Services
  • Others

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 goods and services 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 in particular.

1    Report Coverage – Key Segmentation and Scope
    1.1    Impact on Global Economy
    1.2    Impact on Regional Economy 
    1.3    Economy Outlook 
    1.4    Sectoral Impact and Outlook
2    Impact on Global Economy 
    2.1    Consumption
    2.2    GDP
    2.3    Business Investment
    2.4    Residential Investment
    2.5    Inventory
    2.6    Government
3    Impact on Regional Economy and Outlook: Q1 2020 - Q4 2021
    3.1    North America
        3.1.1    USA
        3.1.2    Canada
        3.1.3    Others
    3.2    Europe
        3.2.1    United Kingdom
        3.2.2    France
        3.2.3    Germany
        3.2.4    Italy
        3.2.5    Spain
        3.2.6    Others
    3.3    Asia Pacific
        3.3.1    China
        3.3.2    Indian Subcontinent
        3.3.3    South East Asia
        3.3.4    Japan
        3.3.5    North East Asia (Excluding China)
        3.3.6    Australia and New Zealand
        3.3.7    Others
    3.4    Latin America
        3.4.1    Brazil
        3.4.2    Argentina
        3.4.3    Colombia
        3.4.4    Others
    3.5    Middle East and Africa
        3.5.1    South Africa
        3.5.2    Nigeria
        3.5.3    Kenya
        3.5.4    UAE
        3.5.5    Saudi Arabia
        3.5.6    Qatar
        3.5.7    Others
4    Impact of COVID-19 on the Goods and Services Market and Outlook 
    4.1    Historical Market 2015-2019
    4.2    Market Forecast 2020-2025
    4.3    Key Challenges
        4.3.1    Global Challenges
        4.3.2    Regional Challenges
        4.3.3    Local Challenges by Key Countries
    4.4    Key Initiatives
        4.4.1    Global Initiatives
        4.4.2    Regional Initiatives
        4.4.3    Local Initiatives by Key Countries
    4.5    Regional Impact on the Goods and Services Sector
        4.5.1    North America
        4.5.2    Europe
        4.5.3    Asia Pacific
        4.5.4    Latin America
        4.5.5    Middle East and Africa
5    Sectoral Impact Market Outlook Q1 2020 – Q4 2021
    5.1    Appliances
        5.1.1    Supply Side
            5.1.1.1    By Parameter
                5.1.1.1.1    Price Variations of Key Raw Materials
                5.1.1.1.2    Production Shutdown
                5.1.1.1.3    Cash Flow Constraints
                5.1.1.1.4    Supply Chain Disruption
                5.1.1.1.5    Labour 
        5.1.2    Demand Side
            5.1.2.1    By Parameter
                5.1.2.1.1    Lockdown Impact
                5.1.2.1.2    Consumer Sentiment
    5.2    Clothing and Accessories
        5.2.1    Supply Side
            5.2.1.1    By Parameter
                5.2.1.1.1    Price Variations of Key Raw Materials
                5.2.1.1.2    Production Shutdown
                5.2.1.1.3    Cash Flow Constraints
                5.2.1.1.4    Supply Chain Disruption
                5.2.1.1.5    Labour 
        5.2.2    Demand Side
            5.2.2.1    By Parameter
                5.2.2.1.1    Lockdown Impact
                5.2.2.1.2    Consumer Sentiment
    5.3    Cosmetics and Personal Care
        5.3.1    Supply Side
            5.3.1.1    By Parameter
                5.3.1.1.1    Price Variations of Key Raw Materials
                5.3.1.1.2    Production Shutdown
                5.3.1.1.3    Cash Flow Constraints
                5.3.1.1.4    Supply Chain Disruption
                5.3.1.1.5    Labour 
        5.3.2    Demand Side
            5.3.2.1    By Parameter
                5.3.2.1.1    Lockdown Impact
                5.3.2.1.2    Consumer Sentiment
    5.4    Furniture
        5.4.1    Supply Side
            5.4.1.1    By Parameter
                5.4.1.1.1    Price Variations of Key Raw Materials
                5.4.1.1.2    Production Shutdown
                5.4.1.1.3    Cash Flow Constraints
                5.4.1.1.4    Supply Chain Disruption
                5.4.1.1.5    Labour 
        5.4.2    Demand Side
            5.4.2.1    By Parameter
                5.4.2.1.1    Lockdown Impact
                5.4.2.1.2    Consumer Sentiment
    5.5    Household Care
        5.5.1    Supply Side
            5.5.1.1    By Parameter
                5.5.1.1.1    Price Variations of Key Raw Materials
                5.5.1.1.2    Production Shutdown
                5.5.1.1.3    Cash Flow Constraints
                5.5.1.1.4    Supply Chain Disruption
                5.5.1.1.5    Labour
        5.5.2    Demand Side
            5.5.2.1    By Parameter
                5.5.2.1.1    Lockdown Impact
                5.5.2.1.2    Consumer Sentiment
    5.6    Luxury Goods and Services
        5.6.1    Supply Side
            5.6.1.1    By Parameter
                5.6.1.1.1    Price Variations of Key Raw Materials
                5.6.1.1.2    Production Shutdown
                5.6.1.1.3    Cash Flow Constraints
                5.6.1.1.4    Supply Chain Disruption
                5.6.1.1.5    Labour
        5.6.2    Demand Side
            5.6.2.1    By Parameter
                5.6.2.1.1    Lockdown Impact
                5.6.2.1.2    Consumer Sentiments
    5.7    Outsourcing
        5.7.1    Supply Side
            5.7.1.1    By Parameter
                5.7.1.1.1    Price Variations of Key Raw Materials
                5.7.1.1.2    Production Shutdown
                5.7.1.1.3    Cash Flow Constraints
                5.7.1.1.4    Supply Chain Disruption
                5.7.1.1.5    Labour
        5.7.2    Demand Side
            5.7.2.1    By Parameter
                5.7.2.1.1    Lockdown Impact
                5.7.2.1.2    Consumer Sentiment
    5.8    Recreational Goods
        5.8.1    Supply Side
            5.8.1.1    By Parameter
                5.8.1.1.1    Price Variations of Key Raw Materials
                5.8.1.1.2    Production Shutdown
                5.8.1.1.3    Cash Flow Constraints
                5.8.1.1.4    Supply Chain Disruption
                5.8.1.1.5    Labour
        5.8.2    Demand Side
            5.8.2.1    By Parameter
                5.8.2.1.1    Lockdown Impact
                5.8.2.1.2    Consumer Sentiment
    5.9    Services
        5.9.1    Supply Side
            5.9.1.1    By Parameter
                5.9.1.1.1    Price Variations of Key Raw Materials
                5.9.1.1.2    Production Shutdown
                5.9.1.1.3    Cash Flow Constraints
                5.9.1.1.4    Supply Chain Disruption
                5.9.1.1.5    Labour
        5.9.2    Demand Side
            5.9.2.1    By Parameter
                5.9.2.1.1    Lockdown Impact
                5.9.2.1.2    Consumer Sentiment
    5.10    Sports and Fitness
        5.10.1    Supply Side
            5.10.1.1    By Parameter
                5.10.1.1.1    Price Variations of Key Raw Materials
                5.10.1.1.2    Production Shutdown
                5.10.1.1.3    Cash Flow Constraints
                5.10.1.1.4    Supply Chain Disruption
                5.10.1.1.5    Labour
        5.10.2    Demand Side
            5.10.2.1    By Parameter
                5.10.2.1.1    Lockdown Impact
                5.10.2.1.2    Consumer Sentiment
    5.11    Others
        5.11.1    Supply Side
            5.11.1.1    By Parameter
                5.11.1.1.1    Price Variations of Key Raw Materials
                5.11.1.1.2    Production Shutdown
                5.11.1.1.3    Cash Flow Constraints
                5.11.1.1.4    Supply Chain Disruption
                5.11.1.1.5    Labour
        5.11.2    Demand Side
            5.11.2.1    By Parameter
                5.11.2.1.1    Lockdown Impact
                5.11.2.1.2    Consumer Sentiment
6    Key Policy Recommendations
    6.1    Short Term
    6.2    Medium to Long Term

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