Azerbaijan

Azerbaijan’s real GDP growth will be solid in 2020. The economy will be supported by strengthening investment activity due to cheaper borrowing conditions and improving business confidence. Improving household consumption thanks to sustained wage ...

Health and beauty specialist retailers record steady current value growth in 2019, driven by several factors. Firstly, the relatively stabilised macroeconomic situation has supported improved living conditions for local consumers who in turn, have ...

In 2019, retailing in Azerbaijan saw steady growth in 2019, an increase compared to growth recorded the previous year. This increased performance was due to several reasons. Firstly, the improved economic situation in the country led to a stable ...

Apparel and footwear specialist retailers have continued to recorded growth in 2019, boosted by increasing levels of income and the macroeconomic stability and the willingness of local consumers to spend on both essential and non-essential products. ...

In 2019, e-commerce recorded dynamic double-digit current value growth in Azerbaijan, the result of the country’s relatively stable currency and improved economic stability, which led to a rise in disposable incomes. Busier lifestyles have also ...

Direct selling has continued to grow from a low base in 2019, where the improved financial situation has boosted the performance, after a wave of currency volatility and devaluations during the review period....

Traditional grocery retailers continued to record growth in Azerbaijan in 2019, boosted by population growth and rising urbanisation, with developed residential and business zones appearing across the country. This landscape for traditional grocery ...

In 2019, there was a high increase in growth for mobile e-commerce, however, the landscape remains a small and highly fragmented one. The customer base for mobile e-commerce is minimal, with a lack of digital skills acting as a barrier to consumers ...

The modern grocery retailers channel recorded strong current value growth in 2019, matching the increase seen across the review period....

Toilet care continued to grow in Azerbaijan in 2019, driven by toilet liquids/foam. Toilet care is represented almost entirely by toilet liquids/foam, though ITBs are gaining ground in the form of rim liquids. Despite the competition toilet ...

Shoe polish continues to hold the lion’s share of sales within polishes in 2019, with floor polish and furniture polish remaining niche in Azerbaijan. The growth of polish is driven by increased economic stability and rising disposable incomes. ...

Home care in Azerbaijan saw continued growth in 2019, as economic conditions in the country improved and consumers enjoyed higher wages and disposable incomes, particularly in urban areas. The growth of modern grocery retailers made a wide range of ...

Surface care was represented mainly by multi-purpose cleaners in 2019. Despite improved macroeconomic conditions, consumers in Azerbaijan remain highly price-sensitive and actively seek out products that promise value-added benefits and are offered ...

Both automatic dishwashing and hand dishwashing saw growth during 2019, with automatic dishwashing tablets recording the highest increase in both volume and current value terms – a trend which looks set to endure over the forecast period. Increased ...

Bleach has a long-standing tradition in Azerbaijan for use on white clothing, bed linen and table linen. Housekeepers, primarily women, traditionally used the boiling method when bleaching white fabrics. The review period saw several launches of new ...

Home insecticides saw continued growth in 2019. Home insecticides remains overwhelmingly represented by spray/aerosol insecticides, with electric insecticides, baits and coils still niche products in Azerbaijan. Consumers are familiar with sprays and...

During the review period, laundry care enjoyed a run of rapid growth in both volume and current value terms. Though its growth in 2019 continued at a healthy rate, it slowed significantly. Laundry care remains dominant within home care overall, ...

Air care saw continued growth in 2019 and is predicted to gain momentum over the forecast period. The recovering economy and consumers’ rising disposable incomes support sales of non-essential products such as air care products, particularly among ...

Driven by China and India, Asia’s developing economies saw healthy rates of growth in 2018. Japan’s economic prospects are less favourable however. Too many of Asia’s economies are excessively dependent on exports and large inflows of foreign ...

The Natural Resource landscape in which businesses operate has an impact on the supply chain and regulatory matters while offering scope for innovation and new ways of doing business. Insights on key sectors such as agriculture, energy, mining and ...