Positivity abounds in Southeast Asia’s retail sector. Total retail sales will grow even faster in 2022 than they did the previous year—defying the global deceleration trend—and speed past their pre-pandemic figure. We expect high single-digit growth rates for five of the six Southeast Asian countries we track; all six will hit double-digit growth rates in retail ecommerce sales.
3 KEY QUESTIONS THIS REPORT WILL ANSWER
WHAT’S IN THIS REPORT? Our latest forecast for total retail, retail ecommerce, and retail mcommerce sales in Indonesia, Malaysia, the Philippines, Singapore, Thailand, and Vietnam. Plus, Shopee’s and Bukalapak’s retail ecommerce sales in Indonesia.
KEY STAT: In 2022, total retail sales in Southeast Asia will grow faster than they did last year, while retail ecommerce sales will continue to rise at a remarkable pace.
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