Vietnam Non-Food Sell Sales Operating The Market
As per to our new research report « Vietnam Full Analysis (2008-2012) », fast expansion has been observed in the Thai retail sales during the last few years. Although Thai retail market is much smaller when compared with other expanding countries, just like, India and China, the marketplace has shown remarkable growth during the past few years, especially in its non-food segment. Non-food retailing is actually consistently increasing due to increasing consumer spending on non-essential items, such as clothes, electrical, and so forth Therefore, all of us anticipate that, the non-food retailing will certainly grow by a CAGR of over 19% during 2010-2012.
As per our review, non-food retailing has also built the country a good destination for international retailers. With the growing concern in western design shopping among people, a large number of contemporary shopping things have jumped up in the main urban centers attracting wealthy urbanites. Besides this tendency, various other solid fundamental drivers discussed and analyzed inside the report might enable this segment to sustain their upward growth trend in the coming years. Further, each of our report unveils that at present, traditional shops dominate the retail market. Yet, the government’s decision to allow for entry of foreign vendors will help the current retailers to research the country’s retail market. International brands are swiftly expanding the presence inside the Vietnamese industry as with regard to modern in a store formats, such as supermarkets fresh air conditioned minimarts, and little shopping things surges with rising client income.
Besides, an extensive research is done upon sub-segments, like consumer electronics, which can be growing in a fast pace due to the embrace consumer spending on white merchandise and other things. Specifically, pcs and cell phones are doing well due to the increasing in demand from your young human population. Our complete research statement « Vietnam Full Analysis (2008-2012) », will help customers in questioning the leading-edge opportunities that happen to be vital just for the success of the retail market in Vietnam. The survey covers every one of the necessary areas of the housing market for full retail list prices, like market by sections, provinces, ownership, and retail formats to provide an insight into the market trends and improvements taking place country wide. The survey will provide consultants, industry analysts, and suppliers to acquire an in-depth knowledge of the current, past, and future efficiency of the retail market in Vietnam. In this way, the report signifies a complete and coherent examination of the Vietnam retail industry and will demonstrate decisive designed for clients.
Here is info based on info from intel.equipmentwatch.com