Insight Report 14 minutes PremiumFive Ways To Win in the China Market: Opportunities for Western Brands and Retailers—China Retail Insights Swarooprani Muralidhar, Director of Research Sector Lead: Anand Kumar, Associate Director of Retail Research April 2, 2024 What's InsideOur China Retail Insights series presents the latest insights from the ever-evolving landscape of China’s retail market. Each report in this series provides on-the-ground updates, dissecting the trends, innovations and consumer behaviors that are shaping one of the world’s most dynamic retail environments. Why does China present huge opportunity for Western retailers, and how can they win in the China retail market? In this report, we discuss some of the key drivers and trends shaping China’s retail landscape, and map the status of selected technologies in China along the Coresight Research “Innovation Adoption Path.” We present strategies for Western brands and retailers to achieve success in the China market. Discover insights on localization, livestreaming, the customer experience and more. Data in this research report include: The size of the China retail and e-commerce markets Market factors—comparing China to the US and India The Coresight Research Innovation Adoption Path Livestreaming market size—China vs. the US 2023 Singles’ Day GMV—traditional platforms, livestreaming platforms and on-demand platforms Companies mentioned in this report include: Adidas, Alibaba, Inditex, JD.com, Kering, Kuaishou Technology, LVMH, NIKE, PDD Holdings, The Estée Lauder Companies, Weibo Other relevant research: Retail 2024: 10 Trends in China Retail The Coresight Research China Consumer Survey Insights series All Coresight Research coverage of China retail and Singles’ Day Deborah Weinswig, CEO and Founder of Coresight Research, presented on retail innovation in China at Shoptalk 2024. Read the full presentation here. This report is for paying subscribers only. Already a paying subscriber? Please log in to see the entire report.If you wish to learn more about our subscription plans and become a paying subscriber, click here. This document was generated for Other research you may be interested in: Weekly US and UK Store Openings and Closures Tracker 2023, Week 26: Walgreens Boots Alliance Drives Closures on Both Sides of the AtlanticInnovator Profile: EyeLevel.ai Is Truth Serum for AI, Enabling the Build of Hallucination-Free Apps with up to 95% AccuracyApril 2023 US Retail Sales: Growth Slows Further as Momentum Weakens Across the BoardShoptalk Europe 2023 Day One: Identifying Real Value in Sustainability, Generative AI and Data