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MEXICO RETAIL SECTOR – GROWTH, TRENDS, AND FORECAST (2019 – 2024)

NEO Published by: Mordor Intelligence Market: Mexico
159 pages Published: 07-06-2019
  • NEO
  • Mordor Intelligence
  • Mexico
  • 159 pages
  • Published: 07-06-2019

Market Overview

 

The Mexican retail sector is projected to witness a CAGR of 6.7% by 2024. The market is segmented by product category, distribution channel, and market dynamics. Mexico stands out as one of the key markets, and is doing so through sustained evolution and slow but steady growth in many dimensions.

 

The retail and consumer sector is one industry that has the potential to exceed Mexico’s average national future growth. This will be driven by a combination of economic and socio-demographic trends, offerings, and business models to appeal to Mexican consumers.

 

The retail and consumer sector reflects the opportunities emerging from the duality of the Mexican economy, better than any other sector. Modern format retail stores and multinational franchises, such as Walmart and Starbucks, are constantly growing and developing, alongside the resilient traditional changarros’ and adapted concepts, such as OXXO and Farmacias Similares.

 

Scope of the Report

 

A complete background analysis of the Mexican retail sector, which includes an assessment of the parental market, emerging trends by segments and regional markets, significant changes in market dynamics, and market overview, is covered in the report.

 

Key Market Trends

 

High Disposable Income and High Retail Growth

 

Despite a complex social situation in which criminal undertones color everyday life, Mexico’s recent economic upturn has generated a sense of optimism among consumers. With disposable incomes rising, Mexicans are more willing to invest in themselves, be it on clothing, health, or beauty products. Mexican consumers are spending most of their money across a smaller number of categories, and are looking to turn their aspirations of success into reality by spending more on beauty and personal care products. In Mexican culture, well-known, established brands are seen as reliable and trustworthy.

 

Many in-country retailers are set to continue their expansion, targeting smaller cities with the potential to grow, due to a lower presence of retail outlets per inhabitant. From 2012-2016, the average growth of traditional trade has been increasing from 5%-10%, representing a higher percentage of sales and a growing trend in the retailing industry. Mexico has a fragmented and competitive environment due to the relevance of traditional formats and small independent retailers across all channels. Leading players are set to increase their geographical footprints throughout the country, by increasing the number of operating outlets.

 

High Growth of Apparel and Accessories in Mexico

 

The Mexican fashion industry reached its highest production levels by the mid of 2018, even under challenging circumstances, with 50 of the most internationally renowned brands selling in the country. The challenge is to maintain or expand this production. Revenue in the apparel market is expected to grow annually at 7.1% by 2024.
In the apparels sector, the women’s and girls’ apparels segment holds the largest share.

 

The expansion of the middle class, with young working consumers who follow trends and growth of cities, is contributing to the increasing number of shopping centers. Mexicans like to spend their free time at shopping centers, regardless of their social status. Over the last couple of years of the review period, the apparel and footwear industry saw the entrance of international brands. Fast-fashion stood to be a critical factor behind this change. E-commerce in Mexico is booming, bringing new growth opportunities for the consumer goods and retail industries.

 

Competitive Landscape

 

The report covers major international players operating in the Mexican retail sector. In terms of market share, few of the major players currently dominate the market. However, with technological advancement and product innovation, midsize to smaller companies are increasing their market presence, by securing new contracts and by tapping new markets.

 

Reasons to Purchase this report:

– The market estimate (ME) sheet in Excel format
– Report customization as per the client’s requirements
– 3 months of analyst support

          1. Introduction

               1.1 Key Deliverables of the Study
               1.2 Study Assumptions
               1.3 Research Methodology

          2. Scope of Study

          3. Market Insights
               3.1 Market Overview
               3.2 Customer Behavior Analysis
               3.3 Industry Attractiveness – Porter’s Five Forces Analysis

          4. Market Dynamics
               4.1 Drivers
               4.2 Restraints
               4.3 Opportunities
               4.4 Industry Value Chain Analysis

          5. Technology Snapshot

          6. Market Segmentation

               6.1 By Product
                      6.1.1 Food and Beverage and Tobacco Products
                      6.1.2 Personal Care and Household
                      6.1.3 Apparel, Footwear, and Accessories
                      6.1.4 Furniture, Toys, and Hobby
                      6.1.5 Industrial and Automotive
                      6.1.6 Electronic and Household Appliances
                      6.1.7 Pharmaceuticals, Luxury Goods, and Other Products

          7. Insights on Distribution Channels in Retail Trade 
               7.1 Hypermarkets, Supermarkets, and Convenience Stores
               7.2 Specialty Stores
               7.3 Department Stores
               7.4 E- commerce
               7.5 Other Distribution Channels

          8. Company Profiles
               8.1 Organization Soriana SA de
               8.2 FEMSA Comercio SA
               8.3 Coppel SA de CV
               8.4 El Puerto de Liverpool
               8.5 Walmart International
               8.6 El Palacio de Hierro
               8.7 Superama
               8.8 Sears Operadora Mexico SA De CV
               8.9 Auchan
               8.10 Carrefour

          9. Investment Analysis on the Mexico Retail Sector

          10. Future of the Mexico Retail Sector

                By Product

  •                       Food and Beverage and Tobacco Products
                          Personal Care and Household
                          Apparel, Footwear, and Accessories
                          Furniture, Toys, and Hobby
                          Industrial and Automotive
                          Electronic and Household Appliances
                          Pharmaceuticals, Luxury Goods, and Other Products
    •  
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INDONESIA RETAIL SECTOR – GROWTH, TRENDS, AND FORECAST (2019 – 2024)

NEO Published by: Mordor Intelligence Market: Indonesia
164 pages Published: 07-06-2019
  • NEO
  • Mordor Intelligence
  • Indonesia
  • 164 pages
  • Published: 07-06-2019

Market Overview

 

The Indonesian retail sector is projected to witness a CAGR of 13.8% by 2024. The market is segmented by product category, distribution channel, and market dynamics.

The retail sector in Indonesia remains one of the most promising markets among Asian countries, on the back of its large population and growing middle class with higher household purchasing power and increasingly modern spending habits.

In 2017, private consumption was affected by higher prices for food, electricity, and fees for vehicle registration, and in 2018, it is supported by lower credit cost, increasing employment, and an expansion of social welfare.

In Indonesia, household consumption has slowed down in the past two years, which is a great concern, as household consumption has been the biggest driving factor for the economy, and is of greater importance than investment, exports, and government spending. Private consumption in the form of household spending has always accounted for more than 50% of the nation’s GDP yet, there has been a slowdown in consumption growth. The retailers profit margins decreased in 2017, and are expected to remain stable in 2018. Previous year some initiatives were taken to boost sales after the more subdued retail performance.

 

Scope of the Report

 

A complete background analysis of the Indonesian retail sector, which includes an assessment of the parental market, emerging trends by segments and regional markets, significant changes in market dynamics, and market overview, is covered in the report

 

Key Market Trends

 

Private Consumption accounts for Major Contribution to GDP

 

In 2017, household consumption was an important component to watch, because it accounts for about 56.6% of the Indonesian GDP. A sustained recovery in private investment and increased public spending on infrastructure may keep the growth momentum going.

 

Consumption expanded by 5.14% in the first quarter of 2018, breaking the 5% threshold for the first time, after President Joko Widodo introduced several measures to preserve purchasing power, including freezing retail fuel and electricity prices.

 

Distribution of holiday bonuses and civil servants 13th-month wage strengthened peoples’ purchasing power, and therefore, triggered rising consumption. Meanwhile, stable food prices come on the back of the government’s decision to open the gates to import items, such as rice, sugar, meat, packaged cooking oil, and fuel.

 

Bleak household consumption is often cited as a reason for Indonesian sluggish economic growth in the recent years. Despite falling interest rates, consumers remain hesitant to spend on various items, such as cars, homes, etc. Moreover, Indonesia’s retail sales grew just 2.6% in December. Analysts claim that the Indonesian consumer now prefers to save his/her funds on a bank account rather than spending it. Traditionally, the Indonesian food and beverage industry is a lucrative sector for foreign direct investment (FDI) in Indonesia.

 

The Food and Beverage Sector plays a Vital Role in Indonesian Economy

 

The F&B sector plays a vital role in the Indonesian economy. In the primary sector, production of raw material for the F&B industry by plantation, agriculture, and fisheries accounted for around 14.3% of Indonesian GDP, as of 2018. In the secondary sector, manufacturing of F&B accounted for 5% of GDP and 27% of all manufacturing output.

 

Indonesia’s position in the global F&B market is uncertain, as on one hand, Indonesia is one of the largest producers of palm oil, fish, cocoa, and coffee, exporting its production surpluses abroad, while on the other hand, Indonesia relies on imports of products that cannot be produced (either at all or in sufficient quantity) locally, such as wheat, dairy, or processed food products.

 

However, in an attempt to transform the Indonesian economy, the government is pursuing policies both to reduce the country’s reliance on imports and to strengthen the manufacturing sector, which also benefits the F&B sector. Next to the contributions of the F&B sector to GDP, several other indicators also confirm the strength of the Indonesian F&B market. During the past two years, the food and beverage Industry has grown tremendously and is anticipated to show snowballing profits during the forecast period.

 

Competitive Landscape

 

The report covers major international players operating in the Indonesian retail market. In terms of market share, few of the major players currently dominate the market. However, with the technological advancement and product innovation, mid-size to smaller companies are increasing their market presence, by securing new contracts and tapping new markets.

 

Reasons to Purchase this report:

– The market estimate (ME) sheet in Excel format
– Report customization as per the client’s requirements
– 3 months of analyst support

 

          1. Introduction

               1.1 Key Deliverables of the Study
               1.2 Study Assumptions
               1.3 Scope of the Study

          2. Research Methodology

          3. Executive Summary

          4. Market Insights and Dynamics
               4.1 Market Overview
               4.2 Customer Behavior Analysis
               4.3 Industry Attractiveness – Porter’s Five Forces Analysis
               4.4 Drivers
               4.5 Restraints
               4.6 Opportunities
               4.7 Industry Value Chain Analysis
               4.8 Technology Snapshot
               4.9 Insights On Distribution Channels In Retail Trade
                      4.9.1 Hypermarkets and Supermarkets and Convenience Stores
                      4.9.2 Specialty Stores
                      4.9.3 Department Stores
                      4.9.4 Other Distribution Channels
                      4.10 E- commerce Trend in Retail Sector

          5. Market Segmentation
               5.1 By Product Category
                      5.1.1 Food and Beverage and Tobacco Products
                      5.1.2 Personal and Household Care
                      5.1.3 Apparel, Footwear and Accessories
                      5.1.4 Furniture, Toys and Hobby
                      5.1.5 Industrial and Automotive
                      5.1.6 Electronic and Household Appliances
                      5.1.7 Pharmaceuticals, Luxury goods, and Other Products

          6. Competitive Landscape
               6.1 Vendor Market Share, Mergers & Acquisitions
               6.2 Company Profiles
                      6.2.1 PT Matahari Putra Prima Tbk
                      6.2.2 Ramayana Lestari Sentosa
                      6.2.3 Mitra Adiperkasa
                      6.2.4 Alfartmart
                      6.2.5 PT Trans Retail Indonesia
                      6.2.6 Hero Supermarket group
                      6.2.7 Erajaya Swasembada
                      6.2.8 AEON Group
                      6.2.9 Lotte Mart
                      6.2.10 Indomarket
                      *List Not Exhaustive
                      6.3 Investment Analysis on the Indonesian Retail Sector 
                      6.4 Future of the Indonesian Retail Sector 

          7. Disclaimer

          8. About Us

                By Product Category

  •                       Food and Beverage and Tobacco Products
                          Personal and Household Care
                          Apparel, Footwear and Accessories
                          Furniture, Toys and Hobby
                          Industrial and Automotive
                          Electronic and Household Appliances
                          Pharmaceuticals, Luxury goods, and Other Products
  •  
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CHINA RETAIL SECTOR – GROWTH, TRENDS, AND FORECAST (2019 – 2024)

NEO Published by: Mordor Intelligence Market: China
175 pages Published: 07-06-2019
  • NEO
  • Mordor Intelligence
  • China
  • 175 pages
  • Published: 07-06-2019

Market Overview

 

The Chinese retail sector is projected to witness a CAGR of 10.6% by 2024. The market is segmented by product category, distribution channel, and market dynamics.

 

China’s economy appears to be stabilizing gradually, boosted by rising industrial production and higher foreign currency reserves. However, questions loom large over its market status and sovereign risk rating. Chinese retail sales were up by 9% in 2018 versus a year earlier, roughly in line with that reported in the past year.

 

The value of outstanding loans in China increased by 12.9%. This was actually a relatively slow rate of growth, when compared to that of the past several years. From January to September 2018, the retail sales of consumer goods in urban areas was up by 9.1% year-on-year, while that in rural areas was up by 10.4%. China Internet Giants were at the heart of digital retail and they also have been the ones to usher in the new retail era.

 

Scope of the Report

 

A complete background analysis of the Chinese retail sector, which includes an assessment of the parental market, emerging trends by segments and regional markets, and significant changes in market dynamics and market overview.

 

Key Market Trends

 

Chinese Consumers are Willing to pay for Higher Quality and Unique Experience Products

 

Retail sales in rural areas grew by 9% this year, about 1-2 percentage points faster than that in urban areas.
Chinese shoppers continue to flock to Western brands, but they are not just seeking out aspirational names in fashion and technology.

 

Millions of China’s shoppers are also looking to buy everyday items, such as food and personal care products, from international brands, and they are turning to online marketplaces to buy these products directly from overseas brands and retailers.

 

Chinese demand for imported international brands has created a huge, high-growth market for cross-border e-commerce.

Approximately 24% of China’s digital shoppers had made a cross-border purchase this year, lifting the market’s value by 15% year over year, to USD 115.5 billion. However, that means three-quarter of the country’s online consumers will not be shopping across borders this year, suggesting that there is still plenty of opportunities for Western names to generate demand and capture share in China.

 

There are three primary supports of the growing Chinese demand for imported goods. It is often cheaper for Chinese shoppers to buy Western brands from cross-border platforms than to buy them from Chinese shops.

 

Most of China’s Automobile Production are Passenger Cars

 

Commercial vehicles make up less than 20% of the auto production market. As passenger cars constitute the bulk of automobile production in China, production, sales, and tariffs changes in foreign ownership may affect this market.

The Chinese automobile market is mainly a joint venture market with both domestic and foreign auto producers producing joint venture brands.

 

This is a legacy of the first auto manufacturing in China, which started with joint ventures. Local brands did not have a chance to develop. There might also be a consumption bias on JV brands, since early on, there may have been little trust in local brands, even if the foreign joint venture brands were manufactured in China.

 

Most automobile companies in China have joint ventures with European and Japanese manufacturers. There are only a few Korean and American joint ventures. Foreign players have around 60% of sales in the Chinese automobile market, which includes joint ventures. However, one requirement to this are the new energy cars that are being built from scratch recently.

 

Competitive Landscape

 

The report covers major international players operating in the Chinese retail sector. In terms of market share, few of the major players currently dominate the market. However, with technological advancement and product innovation, mid-size to smaller companies are increasing their market presence by securing new contracts and by tapping new markets.

 

Reasons to Purchase this report:

– The market estimate (ME) sheet in Excel format
– Report customization as per the client’s requirements
– 3 months of analyst support

          1. Introduction

               1.1 Study Deliverables
               1.2 Study Assumptions
               1.3 Research Methodology

          2. Scope of Study

          3. Market Insights
               3.1 Market Overview
               3.2 Customer Behavior Analysis
               3.3 Industry Attractiveness – Porter’s Five Forces Analysis

          4. Market Dynamics
               4.1 Drivers
               4.2 Restraints
               4.3 Opportunities
               4.4 Industry Value Chain Analysis

          5. Technology Snapshot

          6. Market Segmentation
               6.1 By Product Category
                      6.1.1 Food and Beverage and Tobacco Products
                      6.1.2 Personal and Household Care
                      6.1.3 Apparel ,Footwear and Accessories
                      6.1.4 Furniture, Toys & Hobby
                      6.1.5 Industrial and Automotive
                      6.1.6 Electronic and Household Appliances
                      6.1.7 Pharmaceuticals, Luxury goods and Others
               6.2 By Distribution Channel
                      6.2.1 Hypermarkets & Supermarkets and Convenience Stores
                      6.2.2 Specialty Stores
                      6.2.3 Department Stores
                      6.2.4 E-commerce
                      6.2.5 Other Distribution Channels

          7. Company Profiles
               7.1 RT Mart
               7.2 Costco
               7.3 E – Mart
               7.4 Hi – Living
               7.5 Gmarket
               7.6 Home Forever
               7.7 Lotte Mart
               7.8 Kim’s club
               7.9 Newcore Outlet
               7.10 Walmart

          8. Investment Analysis on China Retail Sector

          9. Future of China Retail Sector

               By Product Category

  •                       Food and Beverage and Tobacco Products
                          Personal and Household Care
                          Apparel ,Footwear and Accessories
                          Furniture, Toys & Hobby
                          Industrial and Automotive
                          Electronic and Household Appliances
                          Pharmaceuticals, Luxury goods and Others
                   By Distribution Channel
                          Hypermarkets & Supermarkets and Convenience Stores
                          Specialty Stores
                          Department Stores
                          E-commerce
                          Other Distribution Channels
  •  
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MALAYSIA RETAIL SECTOR – GROWTH, TRENDS, AND FORECAST (2019 – 2024)

NEO Published by: Mordor Intelligence Market: Malaysia
151 pages Published: 07-06-2019
  • NEO
  • Mordor Intelligence
  • Malaysia
  • 151 pages
  • Published: 07-06-2019

Market Overview

 

For the third quarter of 2018, the Malaysian retail industry achieved an encouraging growth rate of 6.7%, as compared to the same period in 2017. This latest quarterly result was above market expectation. The Malaysian retail sector market is projected to witness a CAGR of 3.4% during the forecast period. The market is segmented by product category, distribution channel, and market dynamics.

 

Malaysia has a large and growing food retail market, supplied by local and imported products. In 2018, consumer’s preference started shifting toward stores that offer more convenient, easier way of shopping for groceries. These stores allow consumers to spend less time browsing for goods, and, therefore, enable them to reduce time spent on grocery shopping

 

The Malaysian national economy recorded a sustainable growth rate of 5.6% for the first quarter of 2018, as compared to -1.2% for retail sales (at current prices). Private investment, export, and public sector consumption were the main drivers of growth during this period.

 

Scope of the Report

 

A complete background analysis of the Malaysian retail Industry, which includes an assessment of the parental market, emerging trends by segments, and regional markets. Significant changes in market dynamics and market overview are covered in the report

 

Key Market Trends

 

Retail Sector Leading Malaysian Commercial Real Estate Investment

 

Malaysia’s retail sector ranked top amongst the key players in the commercial real estate investment sentiment survey. All players, namely, developers, fund / REIT managers, and lenders indicate that they will continue to invest/fund the property sub-sector despite the oversupplied market.

Whilst the retail, office and hotel / leisure sub-sectors will continue to see investments from developers; on the other hand, fund / REIT managers are looking to invest in the retail, logistics / industrial, and healthcare / institutional sub-sectors.

 

Malaysia’s retail industry will continue to play a formidable role in Malaysia’s nation’s commercial property market. The outlook for the retail market, however, did not look rosy in 2018 as an immediate rebound in consumer spending was highly unlikely.

 

This phenomenon may be alleviated if proper measures are enacted to prevent new retail developments from flooding the market. Besides that, existing retail properties should retool themselves, in order to maintain their relevance in the eyes of patrons.

 

Despite the unfavorable sentiment surrounding the retail market, the sector will continue to attract investments as developers are expected to collaborate with experienced mall managers to enhance the attractiveness of their assets and remain competitive in the challenging operating environment.

 

In the current retail landscape, mall operators need to focus beyond the occupancy rate of malls as high occupancy rates no longer equate to high profitability.

 

Malaysia’s Food and Beverage Industry On Growth

 

Malaysia’s most significant F&B exports are in the oils and fats category, particularly palm oil-based products, for which the country is one of the two largest exporters in the world.

 

The F&B industry accounted for approximately 10% of Malaysia’s exports in 2018. The country is also heavily dependent on imports of many staples, including rice, most meat, and seafood, for domestic consumption. Food imports accounted for nearly 8% of total imports in 2018.

 

The Malaysian food industry is as diverse as the cultures in Malaysia with a wide range of processed food as per the Asian taste. This industry is predominantly Malaysian-owned, dominated by small and medium scale companies (SMEs). Besides the SMEs, there are notable foreign companies and MNCs producing processed food products in Malaysia.

 

It encompasses sectors, such as cocoa and chocolate products, fishery products, cereals and cereal products, processed fruits and vegetables, confectionery, food ingredients, herbs and spices, beverages, animal feed, and others. Malaysia is currently the largest cocoa processor in Asia. Although Malaysia is the world’s fifth largest cocoa processor, local cocoa bean production could not support the huge demand from the local grinding and processing industry. Most of the cocoa beans are imported.

 

Competitive Landscape

 

The report covers major international players operating in the Malaysian retail sector. In terms of market share, few of the major players currently dominate the market. However, with technological advancement and product innovation, mid-size to smaller companies are increasing their market presence by securing new contracts and by tapping new markets

 

Reasons to Purchase this report:

– The market estimate (ME) sheet in Excel format
– Report customization as per the client’s requirements
– 3 months of analyst support

 

Table of Contents

          1. Introduction
               1.1 Key Deliverables of the Study
               1.2 Study Assumptions
               1.3 Scope of the Study

          2. Research Methodology

          3. Executive Summary

          4. Market Insights and Dynamics
               4.1 Market Overview
               4.2 Customer Behavior Analysis
               4.3 Industry Attractiveness – Porter’s Five Forces Analysis
               4.4 Drivers
               4.5 Restraints
               4.6 Opportunities
               4.7 Industry Value Chain Analysis
               4.8 Technology Snapshot
               4.9 Insights on Distribution Channels in Retail Trade
                      4.9.1 Hypermarkets and Supermarkets and Convenience Stores
                      4.9.2 Specialty Stores
                      4.9.3 Department Stores
                      4.9.4 Other Distribution Channels
                      4.10 E- commerce Trend in Retail Sector

          5. Market Segmentation
               5.1 BY PRODUCT CATEGORY
                      5.1.1 Food and Beverage and Tobacco Products
                      5.1.2 Personal and Household Care
                      5.1.3 Apparel, Footwear and Accessories
                      5.1.4 Furniture, Toys, and Hobby
                      5.1.5 Industrial and Automotive
                      5.1.6 Electronic and Household Appliances
                      5.1.7 Pharmaceuticals, Luxury goods, and Other Products

          6. Competitive Landscape
               6.1 Vendor Market Share
               6.2 Mergers & Acquisitions
               6.3 Company Profiles
                      6.3.1 Parkson Holdings Bhd.
                      6.3.2 Suiwah Corp. Bhd
                      6.3.3 B.I.G. Store Sdn Bhd
                      6.3.4 AEON Group
                      6.3.5 7-Eleven
                      6.3.6 The Store Corp. Bhd
                      6.3.7 Robinson & Co
                      6.3.8 Isetan
                      6.3.9 MJ Department Stores Sdn Bhd
                      6.3.10 Tesco
                      *List not exhaustive

          7. Investment Analysis on Malaysia Retail Sector 

          8. Future of Malaysia Retail Sector 

Market Segmentation

  •                By Product Category
                          Food and Beverage and Tobacco Products
                          Personal and Household Care
                          Apparel, Footwear and Accessories
                          Furniture, Toys, and Hobby
                          Industrial and Automotive
                          Electronic and Household Appliances
                          Pharmaceuticals, Luxury goods, and Other Products
  •  
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TAIWAN RETAIL SECTOR – GROWTH, TRENDS AND FORECAST (2019 – 2024)

NEO Published by: Mordor Intelligence Market: Taiwan, Republic of China
148 pages Published: 07-06-2019
  • NEO
  • Mordor Intelligence
  • Taiwan, Republic of China
  • 148 pages
  • Published: 07-06-2019

Market Overview

 

Retail sales in Taiwan increased by 1.95% year-on-year in December of 2018, much higher than an upwardly revised 0.6% gain in November. The market is segmented by product category, distribution channel, and market dynamics. Demographics are playing a major role in determining shopping preferences, with many older Taiwanese consumers buying their meat, fish, fruits, and vegetables at specialist markets.

 

In response, some supermarkets are trying to attract this consumer group by recreating the look of a more traditional market within their stores; they have achieved some success, particularly in urban areas. The Taiwanese consumer shops for food at least twice a week, and sometimes, daily. However, those who favor shopping at supermarkets and hypermarkets tend to do one big grocery shopping per week. Top-up food shopping occurs on a daily basis in Taiwan, and is carried out mostly in convenience stores.

 

Scope of the Report

 

A complete background analysis of the Taiwanese retail industry, which includes an assessment of the parental market, emerging trends by segments and regional markets, significant changes in market dynamics, and market overview, is covered in the report.

 

Key Market Trends

 

Consumer Confidence to Strengthen on Minimum Wage Hike

 

Consumer confidence in Taiwan is expected to strengthen on recent pay increase. Taiwanese consumers are likely to increase their consumption after the monthly minimum wage in the territory was raised by 4.7% to NTD 22,000 from the previous NTD 21,009, and public sector employees were awarded a 3% pay rise, both effective from 1 January 2018.

Improved consumer confidence and higher income levels are expected to have a positive impact on the retail market, especially the F&B sector.

 

With changing lifestyle and family structure resulting in the growing prevalence of one-person household, more Taiwanese, especially young adults living in urban cities like Taipei, prefer eating out for convenience and for the variety of cuisine on offer.

 

Currently, the number of eateries on the island is growing at an average of 3% to 6% each year to over 120,000, according to Channel News Asia. In 2017, total revenue of the catering sector in Taiwan topped NTD 452.3 billion, smashing the record high of NTD 439.4 billion in 2016.

 

The average Taiwanese consumer prefers to dine out, while dining-in is most commonly carried out by older people or young families co-habiting with their parents. There is a tide of fashionable, urban, singles, couples, and young families turning that notion around, viewing cooking as a recreational activity.

 

High Growth of Apparel and Footwear Industry

 

The apparel market is expected to grow annually by 3.5% by 2024. The apparel retail market includes baby clothing, formalwear, formalwear-occasion, toddler clothing, casual wear, essentials, and outerwear for men, women, boys and girls; the market excludes sports-specific clothing. The children’s wear segment was the industry’s most lucrative segment in 2018, holding 45.1% share of the apparel market.

 

Fast fashion has also proven to be a lucrative sector in the industry, particularly for millennial customers.
Fast fashion brand H&M opened its first store in 2015, and now has a total of 12 outlets across the country. The industry is now highly aware of the power of combining design with aesthetic and cultural creativity. Encouraged and supported by government policy, the industry is actively integrating creativity, innovation, and cultural heritage into design to create unique and refined products. Crossover collaboration is also a new direction to augment market coverage.

 

Competitive Landscape

 

The report covers major international players operating in the Taiwanese retail sector. In terms of market share, few of the major players currently dominate the market. However, with technological advancement and product innovation, mid-size to smaller companies are increasing their market presence by securing new contracts and tapping new markets.

 

Reasons to Purchase this report:

– The market estimate (ME) sheet in Excel format
– Report customization as per the client’s requirements
– 3 months of analyst support

Table of Contents

          1. Introduction
               1.1 Key Deliverables of the Study
               1.2 Study Assumptions
               1.3 Research Methodology

          2. Scope of Study

          3. Market Insights
               3.1 Market Overview
               3.2 Customer Behavior Analysis
               3.3 Industry Attractiveness – Porter’s Five Forces Analysis

          4. Market Dynamics
               4.1 Drivers
               4.2 Restraints
               4.3 Opportunities
               4.4 Industry Value Chain Analysis

          5. TECHNOLOGY SNAPSHOT

          6. MARKET SEGMENTATION
               6.1 Food, Beverage, and Tobacco Products
               6.2 Personal Care and Household
               6.3 Apparel, Footwear, and Accessories
               6.4 Furniture, Toys, and Hobby
               6.5 Industrial and Automotive
               6.6 Electronic and Household Appliances
               6.7 Pharmaceuticals, Luxury Goods, and Other Products

          7. Insights on Distribution Channels in Retail Trade 
               7.1 Hypermarkets, Supermarkets, and Convenience Stores
               7.2 Specialty Stores
               7.3 Department Stores
               7.4 E- commerce
               7.5 Other Distribution Channels

          8. Company Profiles
               8.1 President Chain Store Corp.
               8.2 Taiwan FamilyMart Co., Ltd.
               8.3 Mercuries & Associates Holding Ltd.
               8.4 Far Eastern Group
               8.5 POYA International Co., Ltd.
               8.6 The Eslite Corporation
               8.7 Sogo Department Stores Co. Ltd.
               8.8 Kayee International Group Co., Ltd
               8.9 Carrefour
               8.10 RT – Mart

          9. Investment Analysis on the Taiwan Retail Sector 

          10. Future of the Taiwan Retail Sector 

Market Segmentation

  •                Food, Beverage, and Tobacco Products
                   Personal Care and Household
                   Apparel, Footwear, and Accessories
                   Furniture, Toys, and Hobby
                   Industrial and Automotive
                   Electronic and Household Appliances
                   Pharmaceuticals, Luxury Goods, and Other Products
  •  
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AUSTRALIA RETAIL SECTOR – GROWTH, TRENDS, AND FORECAST (2019 – 2024)

NEO Published by: Mordor Intelligence Market: Australia
158 pages Published: 07-06-2019
  • NEO
  • Mordor Intelligence
  • Australia
  • 158 pages
  • Published: 07-06-2019

Market Overview

 

Australia’s Retail Sales grew 3.7 % Y-o-Y in Sep 2018, compared with a 3.7 % increase in the previous month. This sector is segmented on the basis of product category, distribution channel, and market dynamics.

 

Australia is one of the most urbanized societies in the world, with about 24 million people (90% of the population) living in the urban areas of Sydney, Melbourne, Adelaide, Brisbane, and Perth, as well as in smaller cities and towns within 100 miles of the ocean. Australia registered a significantly high per capita GDP, value at about USD 50,000. Furthermore, it recorded the second highest average wealth per adult.

 

The Australian retail sector witnessed a positive growth, despite significantly low increase in wages and rising household debt. Strong growth registered by the housing market, supported by low interest rates and increase in household credit, and impacted the consumer spending pattern.

 

Americans and Australians have a strong relationship that spans the history of both nations. Australia and the United States share a common heritage, culture and language and have supported each other in every major international crisis of the past century.

 

Scope of the Report

 

An in-depth analysis of the Australian retail sector, along with an overview of the parent market, regional markets, emerging trends, and market dynamics.

 

Key Market Trends

 

Foreign Companies are Formulating New Approaches in Retailing

 

The future of the Australian retail sectors depends on disruptive forces, such as changing consumer spending patterns and influx of foreign companies that focus on formulating new approaches in retailing.

Furthermore, the sector is facing disruption. The rising influx of foreign companies has not only changed the retail landscape, but also the consumer preferences. There is a significant shift in consumer preferences, primarily due to the advancements in technology.

 

The Australian retail sector requires agility and multiplicity of delivery platforms, which can identify non-responsive retailers. The sector registered a growth rate of 5%, 3%, and 2.6% in New South Wales, Victoria, and South Australia, respectively.

 

The Australian economy’s growth was majorly driven by private investments in the mining and housing markets, with core inflation at 1.75%, which is significant lower than the target formulated by the Reserve Bank.


Significant Growth Registered by the Apparel and Footwear Market

 

The Australian apparel and footwear market is expected to register a CAGR of 3.0%, annually. The Women and Girl Apparel segment is the major revenue contributor to the market, and is expected to be dominant throughout the forecast period.

 

The sportswear segment witnessed the strongest growth, driven by the athleisure trend. Due to this trend, a large number of consumers are opting active wear in the non-sports category. The athleisure trend, especially prevalent in the women’s wear category, is driving the demand for several categories, such as leggings and sport footwear. Internet retailing emerged as a prominent channel among apparel and footwear retailers.

 

In 2017, this channel witnessed a significant increase in its value share across the apparel and footwear categories. This was primarily driven by high mobile penetration in Australia, along with a significant shift toward the online distribution channel.

 

Competitive Landscape

 

The report provides an overview of major international players operating in the Australian retail sector. Currently, some of the major players are dominating the sector, in terms of revenue share. few. However, minor companies (mid-size and small) companies are focusing on improving their presence by securing new contracts and entering into new markets.

 

Reasons to Purchase this report:

– The market estimate (ME) sheet in Excel format
– Report customization as per the client’s requirements
– 3 months of analyst support

 

Table of Contents

          1. Introduction
               1.1 Key Deliverables of the Study
               1.2 Study Assumptions
               1.3 Scope of the Study

          2. Research Methodology

          3. Executive Summary

          4. Market Insights and Dynamics 
               4.1 Market Overview
               4.2 Customer Behavior Analysis
               4.3 Industry Attractiveness – Porter’s Five Forces Analysis
               4.4 Drivers
               4.5 Restraints
               4.6 Opportunities
               4.7 Industry Value Chain Analysis
               4.8 Technology Snapshot
               4.9 Insights on Distribution Channels in Retail Trade
                      4.9.1 Hypermarkets and Supermarkets and Convenience Stores
                      4.9.2 Specialty Stores
                      4.9.3 Department Stores
                      4.9.4 Other Distribution Channels
                      4.10 E- Commerce Trend in Retail Sector

          5. Market Segmentation
               5.1 By Product Category
                      5.1.1 Food and Beverage and Tobacco Products
                      5.1.2 Personal and Household Care
                      5.1.3 Apparel, Footwear and Accessories
                      5.1.4 Industrial and Automotive
                      5.1.5 Electronic and Household Appliances
                      5.1.6 Pharmaceuticals, Luxury goods, and Other Products

          6. Competitive Landscape
               6.1 Vendor Market Share, Mergers & Acquisitions
               6.2 Company Profiles
                      6.2.1 ALDI Group
                      6.2.2 Metcash Limited
                      6.2.3 Woolworths Group Ltd
                      6.2.4 Big W
                      6.2.5 Wesfarmers Ltd
                      6.2.6 JB Hi-Fi Ltd
                      6.2.7 Kmart Australia Limited
                      6.2.8 Myer Group Pty Ltd
                      6.2.9 David Jones Properties Pty Limited
                      6.2.10 Kogan.com Ltd

          7. Investment Analysis on the Australian Retail Sector 

          8. Future of the Australian Retail Sector 

Market Segmentation

  •                By Product Category
                          Food and Beverage and Tobacco Products
                          Personal and Household Care
                          Apparel, Footwear and Accessories
                          Industrial and Automotive
                          Electronic and Household Appliances
                          Pharmaceuticals, Luxury goods, and Other Products
  •  
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