Vietnam Non-Food Retail Sales Cruising The Industry
Matching to our fresh research survey « Vietnam Selling Analysis (2008-2012) », fast growth has been observed in the Japanese retail product sales during the last several years. Although Japanese retail market is much smaller compared to other growing countries, like, India and China, the market has shown massive growth in the past few years, particularly in its non-food segment. Non-food retailing is actually consistently raising due to increasing consumer investing in non-essential things, such as clothes, electrical, etc. Therefore, all of us anticipate that, the non-food retailing might grow in a CAGR of over 19% during 2010-2012.
According to our review, non-food selling has also made the country the stylish destination for international retailers. Considering the growing concern in western style shopping when it comes to, a large number of modern shopping things have sprung up in the key urban centers attracting prosperous urbanites. Besides this style, various other solid fundamental motorists discussed and analyzed inside the report will certainly enable this kind of segment to sustain their upward expansion trend in the coming years. Further, each of our report discloses that presently, traditional shops dominate the retail market. Yet, the government’s decision allowing entry of foreign retailers will help the current retailers to explore the country’s housing market for full retail list prices. International brands are speedily expanding their presence inside the Vietnamese market as demand for modern full formats, including supermarkets surroundings conditioned minimarts, and small shopping processes surges with rising buyer income.
Besides, an extensive research is done on sub-segments, just like consumer electronics, which can be growing at a fast rate due to the increase in consumer investing in white items and other things. Specifically, personal computers and cell phones are doing well due to the increasing in demand in the young people. Our extensive research record « Vietnam Retail Analysis (2008-2012) », will help consumers in pondering the leading-edge opportunities that are vital just for the success of the retail industry in Vietnam. The survey covers all the necessary facets of the housing market for full retail list prices, like market by sections, provinces, title, and sell formats to provide an insight into the market tendencies and alterations taking place across the nation. The article will provide consultants, industry experts, and sellers to obtain an in-depth knowledge of the actual, past, and future overall performance of the realtor mls database in Vietnam. In this way, the report positions a complete and coherent examination of the Vietnam retail market and will verify decisive with regards to clients.
This article is based on data from namestall.com