Vietnam Non-Food Full Sales Driving a car The Sector
According to our new research survey « Vietnam Sell Analysis (2008-2012) », fast expansion has been experienced in the Thai retail sales during the last few years. Although Japanese retail market is significantly smaller compared to other growing countries, just like, India and China, the industry has shown incredible growth in the past few years, specially in its non-food segment. Non-food retailing have been consistently raising due to increasing consumer spending on non-essential items, such as garments, electrical, etc. Therefore, all of us anticipate that, the non-food retailing will grow by a CAGR of over 19% during 2010-2012.
According to our analyze, non-food selling has also built the country a good destination for international retailers. Together with the growing interest in western design shopping among people, a large number of contemporary shopping things have jumped up in the primary urban centers attracting rich urbanites. Besides this development, various other strong fundamental individuals discussed and analyzed inside the report will enable this kind of segment to sustain it is upward development trend in the coming years. Further, the report discloses that at this time, traditional retailers dominate the retail market. Nevertheless, the government’s decision to allow for entry of foreign suppliers will help the ultra-modern retailers to research the country’s retail market. International brands are speedily expanding the presence inside the Vietnamese marketplace as demand for modern retail formats, including supermarkets fresh air conditioned minimarts, and little shopping complexes surges with rising buyer income.
Besides, an extensive studies done on sub-segments, like consumer electronics, which is growing for a fast pace due to the increase in consumer investing in white products and other products. Specifically, pcs and cellphones are doing well due to the rising in demand from the young populace. Our thorough research statement « Vietnam In a store Analysis (2008-2012) », will help customers in curious about the leading-edge opportunities which can be vital meant for the success of the retail industry in Vietnam. The statement covers each of the necessary aspects of the realtor mls database, like industry by sectors, provinces, property, and retail formats to provide an insight in the market fads and changes taking place around the world. The survey will provide consultants, industry experts, and suppliers to get an in-depth knowledge of the current, past, and future efficiency of the retail market in Vietnam. In this way, the report has a complete and coherent research of the Vietnam retail industry and will demonstrate decisive designed for clients.
Here is info based on data from jlbworks.com