The 2023 Global Powers of Retailing report, published by Deloitte Global, highlights the dynamic landscape of the retail industry worldwide. Out of the 250 largest retail companies globally, six companies from Southeast Asia have made the prestigious list. This inclusion underscores the growing influence and market presence of Southeast Asian retail enterprises on the global stage.
Southeast Asian Retail Giants
The six Southeast Asian retail companies featured in the report are:
- 7-Eleven (Thailand)
- Indomaret (Indonesia)
- SM Hypermarket (Philippines)
- Alfamart (Indonesia)
- Central (Thailand)
- MWG (Mobile World Group) (Vietnam)
7-Eleven (Thailand)
7-Eleven is a ubiquitous convenience store chain in Thailand, part of the CP All Public Company Limited. Known for its extensive network of stores and a wide range of products, 7-Eleven Thailand plays a critical role in the daily lives of many Thais, offering everything from food and beverages to essential household items.
Indomaret (Indonesia)
Indomaret is a leading convenience store chain in Indonesia, owned by PT Indomarco Prismatama. It is recognized for its extensive reach across the country, providing convenient shopping options for millions of Indonesians. Indomaret's growth and popularity are driven by its commitment to accessibility and customer satisfaction.
SM Hypermarket (Philippines)
SM Hypermarket is a prominent player in the Philippine retail sector, part of the SM Retail conglomerate. Known for its wide variety of products, from groceries to household items, SM Hypermarket caters to a broad customer base. Its inclusion in the list reflects its significant market presence and influence in the Philippines.
Alfamart (Indonesia)
Alfamart, operated by PT Sumber Alfaria Trijaya Tbk, is another major convenience store chain in Indonesia. Similar to Indomaret, Alfamart has a vast network of stores providing easy access to everyday necessities. Its strong market presence is indicative of its importance in Indonesian retail.
Central (Thailand)
Central Group is a leading retail conglomerate in Thailand, with a diverse portfolio that includes department stores, supermarkets, and specialty stores. Central's comprehensive range of retail formats and its commitment to quality and service make it a significant player in the Thai retail market.
MWG (Mobile World Group) (Vietnam)
MWG, or Mobile World Group, is a major retail company in Vietnam, specializing in electronics and consumer goods. With its brands like Thegioididong and DienmayXANH, MWG has established itself as a key player in the Vietnamese market, known for its wide range of products and customer-centric approach.
Conclusion
The inclusion of these six Southeast Asian retail companies in Deloitte's Global Powers of Retailing report reflects the region's growing economic influence and the increasing significance of its retail sector. These companies are not only leaders in their respective countries but also exemplify the dynamism and potential of Southeast Asia in the global retail landscape.
