As per to our new research survey “Vietnam Sell Analysis (2008-2012)”, fast expansion has been observed in the Japanese retail product sales during the last several years. Although Thai retail market is significantly smaller when compared to other developing countries, just like, India and China, the marketplace has shown tremendous growth during the past few years, especially in its non-food segment. Non-food retailing has long been consistently increasing due to rising consumer spending on non-essential products, such as clothes, electrical, etc. Therefore, all of us anticipate that, the non-food retailing can grow at a CAGR of more than 19% during 2010-2012.
According to our study, non-food retailing has also produced the country a wonderful destination for international retailers. Considering the growing desire for western style shopping among people, a large number of contemporary shopping processes have leapt up in the primary urban centers attracting wealthy urbanites. Besides this direction, various other strong fundamental drivers discussed and analyzed in the report should enable this segment to sustain it is upward expansion trend in the coming years. Further, our report uncovers that currently, traditional sellers dominate the retail market. Yet, the government’s decision to allow entry of foreign stores will help the current retailers to research the country’s realtor mls database. International brands are rapidly expanding their particular presence in the Vietnamese market as demand for modern in a store formats, such as supermarkets fresh air conditioned minimarts, and little shopping things surges with rising consumer income.
Besides, an extensive research is done upon sub-segments, like consumer electronics, which can be growing by a fast speed due to the embrace consumer investing in white merchandise and other items. Specifically, personal computers and mobile phone devices are doing very well due to the rising in demand in the young world. Our thorough research report “Vietnam Retail Analysis (2008-2012)”, will help clients in pondering the leading-edge opportunities that are vital for the purpose of the success of the retail market in Vietnam. The report covers each of the necessary facets of the realtor mls database, like market by sections, provinces, control, and price tag formats to provide an insight in to the market fads and adjustments taking place country wide. The survey will provide consultants, industry experts, and sellers to obtain an in-depth knowledge of the existing, past, and future efficiency of the retail market in Vietnam. In this way, the report gives a complete and coherent research of the Vietnam retail sector and will prove decisive intended for clients.
This article is based on info from rockitcargo.com