APRCE is the main activity of the Federation of Asia-Pacific Retailers Associations (FAPRA), which has 18 association members from 18 countries. It is the longest-running biennial regional retail conference in Asia-Pacific. Through this strong bond, the many conventions that have occurred over the years have grown from strength to strength. FAPRA members select the host country through a bidding process held every 2 years, and the event has become Asia-Pacific’s largest retail convention and exhibition since it was first held in 1983. APRCE aims to discover new approaches to the latest issues faced by the region’s retailers and to highlight innovative solutions to help retailers differentiate themselves from their competitors and deliver greater value to consumers in the Asia-Pacific region.
Session title: Retail E-Commerce Opportunities and Uncertainty in Asia
Session description: E-commerce is expected to account for over half of global retail sales growth by 2028. However, selling online has never been harder. There are more channels, new competitors and greater consumer expectations. Digitalization and evolving shopping behaviours are reshaping what consumers now expect from their favourite retailers. Accordingly, this also influences how retailers are innovating to reach, resonate with, and engage consumers.
In this presentation, Euromonitor International will explore how successful retailers in the Asia Pacific are evolving with the times to redefine the retail sector in the region. Additionally, we will examine how demographic shifts in Asia are tentatively beginning to shift the centre of gravity of the region’s retail sector away from East Asia towards Southeast Asia and South Asia.
Date and time of the EMI session: 5 September 2024, 11:40- 12:10 GMT+5:30
