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Reliance at 67, Future Group 76 among Top 100 Retailers in Asia Pacific region

Reliance at 67, Future Group 76 among Top 100 Retailers in Asia Pacific region

by Editor
September 6, 2021
in E-Commerce, Future Group, Listed Cos., Reliance, SE Asia, Singapore
Reading Time: 2 mins read
0

No doubt that 2020 was a tough year with an over all -4% growth over the previous year, but Asia Pacific region is expected to grow the second highest in the world after Latin America between 2020-2025, reports Euromonitor, a research agency which keeps a tab on consumer activity including Retail across the world.

The top 10 companies by Revenue in the A-PAC region are listed in the below graph, courtesy Euromonitor. It is to be noted that that Chinese companies top the list with global giants Walmart and Amazon much behind.

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E-Commerce in the region is expected to grow to USD 2 Trillion by 2025, driven by a younger population, massive digital transformation and over all demographics in this hub post pandemic, according to the report which can be downloaded here.

Global E-commerce giant Amazon and world’s largest retailer Wal-mart are ranked 7th & 8th in the top 10 Retailers list by turnover while Amazon ranks 4th among the Top 10 e-commerce companies in the region. It is to be noted that among Retail and E-comm companies in the region, the top positions are led by Alibaba and JD . Com, both Chinese behemoths with a turnover of USD 298 Bn and USD 221 Bn respectively.

Reliance Retail ranks 67 in the list with a reported revenue of USD 6 Bn and the Future Group at 76 with a reported revenue of USD 4 Bn. Avenue Supermarkets which runs D’Mart is featured 97 on the list with a reported revenue of USD 3 Bn.

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