Photographs: Enny Nuraheni/Reuters
Emerging economies, such as India, are not the only countries witnessing a surge in consumer spending.
Let us take a look at some of the largest consumer markets in the world, according to United Nations Statistics Division.
The countries are sorted by their household final consumption expenditure, which represents consumer spending in nominal terms.
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Largest consumer markets in the world
Image: Women shop for instant noodles at a retail supermarket in Mumbai.Photographs: Vivek Prakash/Reuters
India
HFCE: $737,936 millions
Per cent of GDP: 57
Per cent of world consumer market: 2.12
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Largest consumer markets in the world
Image: A shopper carrying shopping bags walks past retail stores in New York's Times Square.Photographs: Brendan McDermid/Reuters
United States
HFCE: $10,026,400 millions
Per cent of GDP: 71
Per cent of world consumer market: 28.90
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Largest consumer markets in the world
Image: Customer shops at Japanese retailer Aeon Co's Jusco supermarket in Koshigaya, north of Tokyo.Photographs: Stringer/Reuters
2. Japan
HFCE: $2,952,710 millions
Per cent of GDP: 58
Per cent of world consumer market: 8.51
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Largest consumer markets in the world
Image: Dairy products are on display at a supermarket in Berlin.Photographs: Johannes Eisele/Reuters
3. Germany
HFCE: $1,960,230 millions
Per cent of GDP: 59
Per cent of world consumer market: 5.65
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Largest consumer markets in the world
Image: An employee arranges bottles of whisky at a supermarket in Shanghai.Photographs: Aly Song/Reuters
4. China
HFCE: $1,835,280 millions
Per cent of GDP: 37
Per cent of world consumer market: 5.29
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Largest consumer markets in the world
Image: A shopper pushes a shopping trolley down an aisle at a supermarket in Charenton near Paris.Photographs: Charles Platiau/Reuters
5. France
HFCE: $1,545,900 millions
Per cent of GDP: 58
Per cent of world consumer market: 4.45
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Largest consumer markets in the world
Image: Shoppers move through the cashier area at a Morrisons supermarket ahead of Christmas weekend in London.Photographs: Finbarr O'Reilly/Reuters
6. The United Kingdom
HFCE: $1,415,350 millions
Per cent of GDP: 65
Per cent of world consumer market: 4.08
Largest consumer markets in the world
Image: A woman checks for prices in a supermarket in Rome.Photographs: Max Rossi/Reuters
7. Italy
HFCE: $1,266,270 millions
Per cent of GDP: 60
Per cent of world consumer market: 3.65
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Largest consumer markets in the world
Image: A Brazilian consumer buys a Parmalat product in a supermarket in Sao Paulo.Photographs: Paulo Whitaker/Reuters
9. Brazil
HFCE: $986,498 millions
Per cent of GDP: 63
Per cent of world consumer market: 2.84
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Largest consumer markets in the world
Image: A woman pushes a shopping trolley in the car park of a supermarket near Bilbao.Photographs: Vincent West/Reuters
10. Spain
HFCE: $828,5478 millions
Per cent of GDP: 57
Per cent of world consumer market: 2.38
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Largest consumer markets in the world
Image: A Wal Mart store front is seen in Toronto.Photographs: Mike Cassese/Reuters
11. Canada
HFCE: $786,220 millions
Per cent of GDP: 59
Per cent of world consumer market: 2.26
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Largest consumer markets in the world
Image: A view of a supermarket in Moscow.Photographs: Sergei Karpukhin/Reuters
12. Russia
HFCE: $671,629 millions
Per cent of GDP: 55
Per cent of world consumer market: 1.93
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Largest consumer markets in the world
Image: A cashier is a blur of activity as he speeds products past the electric point of sale bar code sensor in Mexico City.Photographs: Andrew Winning/Reuters
12. Mexico
HFCE: $582,0379 millions
Per cent of GDP: 67
Per cent of world consumer market: 1.67
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Largest consumer markets in the world
Image: A customer leaves a Woolworths supermarket in Sydney.Photographs: Daniel Munoz/Reuters
13. Australia
HFCE: $564,99379 millions
Per cent of GDP: 56
Per cent of world consumer market: 1.62
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Largest consumer markets in the world
Image: A customer looks at milk as a girl sits on a shopping cart at a supermarket in Seoul.Photographs: Truth Leem/Reuters
14. South Korea
HFCE: $452,182 millions
Per cent of GDP: 54
Per cent of world consumer market: 1.30
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Largest consumer markets in the world
Image: People stroll inside a shopping mall in Istanbul.Photographs: Osman Orsal/Reuters
15. Turkey
HFCE: $439,678 millions
Per cent of GDP: 72
Per cent of world consumer market: 1.26
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Largest consumer markets in the world
Image: A customer purchases a bottle of champagne at one of the duty free shops at Schiphol airport in Amsterdam.Photographs: Jerry Lampen/Reuters
16. The Netherlands
HFCE: $364,781millions
Per cent of GDP: 46
Per cent of world consumer market: 1.05
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Largest consumer markets in the world
Image: People shop at a Robinson supermarket outlet in Cileduk of South Jakarta.Photographs: Enny Nuraheni/Reuters
17. Indonesia
HFCE: $316,730 millions
Per cent of GDP: 59
Per cent of world consumer market: 0.91
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Largest consumer markets in the world
Image: An employee packs the bag for custumer at the cash desk of a new Lidl supermarket in Zurich.Photographs: Arnd Wiegmann/Reuters
18. Switzerland
HFCE: $285,311 millions
Per cent of GDP: 58
Per cent of world consumer market: 0.82
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Largest consumer markets in the world
Image: People walk at the Stary Browar shopping centre in Poznan, western Poland.Photographs: Kacper Pempel/Reuters
19. Poland
HFCE: $263,048 millions
Per cent of GDP: 61
Per cent of world consumer market: 0.75
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