According to our new research survey “Vietnam Sell Analysis (2008-2012)”, fast progress has been witnessed in the Japanese retail product sales during the last few years. Although Japanese retail market is significantly smaller in comparison to other expanding countries, just like, India and China, industry has shown huge growth in the past few years, especially in its non-food segment. Non-food retailing was consistently increasing due to rising consumer spending on non-essential products, such as outfits, electrical, etc. Therefore, we all anticipate that, the non-food retailing should grow in a CAGR of above 19% during 2010-2012.
As per our research, non-food retailing has also produced the country a good destination for international retailers. While using the growing interest in western style shopping when it comes to, a large number of contemporary shopping complexes have jumped up in the primary urban centers attracting wealthy urbanites. Besides this phenomena, various other strong fundamental drivers discussed and analyzed in the report should enable this segment to sustain their upward development trend in the coming years. Further, our report reveals that presently, traditional merchants dominate the retail market. Yet, the government’s decision to allow for entry of foreign stores will help the modern retailers to explore the country’s retail market. International brands are rapidly expanding the presence in the Vietnamese industry as with regard to modern sell formats, such as supermarkets surroundings conditioned minimarts, and small shopping things surges with rising consumer income.
Besides, an extensive studies done in sub-segments, just like consumer electronics, which is growing at a fast speed due to the embrace consumer investing in white goods and other things. Specifically, pcs and mobile phones are doing very well due to the rising in demand in the young citizenry. Our thorough research report “Vietnam Price tag Analysis (2008-2012)”, will help clients in identifying the leading-edge opportunities which might be vital for the purpose of the success of the retail industry in Vietnam. The statement covers all the necessary aspects of the retail market, like marketplace by sectors, provinces, control, and selling formats to present an insight in to the market fashion and improvements taking place across the country. The survey will provide consultants, industry analysts, and sellers to obtain an in-depth knowledge of the present, past, and future overall performance of the housing market for full retail list prices in Vietnam. In this way, the report positions a complete and coherent evaluation of the Vietnam retail market and will show decisive for clients.
Here is info based on info from poten.com