Mexican Non-Food Retail Sales Driving a car The Sector
Regarding to our fresh research report « Vietnam Retail Analysis (2008-2012) », fast growth has been seen in the Thai retail product sales during the last couple of years. Although Vietnamese retail market is a lot smaller when compared to other expanding countries, like, India and China, the industry has shown massive growth during the past few years, especially in its non-food segment. Non-food retailing is consistently elevating due to growing consumer spending on non-essential things, such as clothing, electrical, etc. Therefore, we anticipate that, the non-food retailing might grow for a CAGR of over 19% during 2010-2012.
According to our study, non-food retailing has also made the country a beautiful destination for international retailers. When using the growing involvement in western style shopping when it comes to, a large number of modern shopping things have leapt up in the primary urban centers attracting wealthy urbanites. Besides this style, various other solid fundamental motorists discussed and analyzed inside the report should enable this kind of segment to sustain their upward expansion trend in the coming years. Further, our report explains that at this time, traditional stores dominate the retail market. Nevertheless, the government’s decision to allow for entry of foreign merchants will help the present day retailers to research the country’s housing market for full retail list prices. International brands are swiftly expanding the presence in the Vietnamese market as with regard to modern selling formats, including supermarkets atmosphere conditioned minimarts, and little shopping complexes surges with rising client income.
Besides, an extensive studies done on sub-segments, like consumer electronics, which is growing for a fast pace due to the embrace consumer spending on white products and other things. Specifically, computers and mobile phone devices are doing well due to the increasing in demand from your young world. Our extensive research statement « Vietnam Retail Analysis (2008-2012) », will help consumers in identifying the leading-edge opportunities which might be vital with regards to the success of the retail market in Vietnam. The record covers all the necessary areas of the retail market, like marketplace by sections, provinces, ownership, and in a store formats to provide an insight in the market movements and changes taking place across the country. The report will provide consultants, industry experts, and suppliers to get an complex knowledge of the present, past, and future effectiveness of the housing market for full retail list prices in Vietnam. In this way, the report signifies a complete and coherent evaluation of the Vietnam retail market and will prove decisive intended for clients.
Here is info based on data from songonhat.com