The Future of Retailing in China to 2017

Logo

Naperville, IL -- (SBWire) -- 08/09/2013 --Reportstack, provider of premium market research reports announces the addition of The Future of Retailing in China to 2017 market report to its offering
Product Synopsis
Future forecasts and historic market data can improve market and strategic planning.
Understand which channels and products will be the major winners and losers in the coming years.
Know the share of sales between different products in your key channels and how this will develop.
Assess the impact of economic recession and recovery on market growth.

Introduction and Landscape
Why was the report written?
"The Future of Retailing in China to 2017" is based upon an extensive, cross-country, industry research program which brings together research, modelling, and analysis expertise in order to develop uniquely detailed market data. It provides detailed quantitative analysis of past and future trends - crucially providing retail sales data not just by channel and by product, but showing product sales through different channels. This allows marketers interested in retailing to determine how to account for the development of retail trade overall and to know which channels are showing growth for which products in the coming years. It aims to capture the shift to new channels depending on the country, the effects of recession, and shifting consumer behavior; thereby providing timely, highly comparable analysis of the retail markets. Data sets are provided for 2007 through to 2017, with actuals being provided for 2012. All initial market sizing and analysis is conducted in local currency in order to ensure local trends are reflected in the data before conversion into other currencies.

What is the current market landscape and what is changing?
The retail market in China has been growing at a CAGR of 13.22% from 2007-12 and is expected to grow at a CAGR of 13.51% from 2012-17.

What are the key drivers behind recent market changes?
Consumers have been reacting to the effects of the global recession and the following recovery period on their discretionary spending - retail markets have been no exception. While the country by country market changes have varied, nowhere has been left totally untouched. This report quantitatively examines the components of change in the market by looking at historic and future growth patterns - how changes in consumers' behavior have affected the retail sector for different product categories and channels.

What makes this report unique and essential to read?
This report provides detailed data on the size and development of retail sales of individual product types through specific retail channels and formats in China. It provides a detailed and comprehensive quantitative analysis of the trends affecting market development through both historic and forecast data.

Key Features and Benefits
Detailed category coverage is provided, covering 25 products, across eight product groups that include: Apparel, Accessories and Luxury Goods, Book, News and Stationery, Electricals and Electronics, Food and Grocery, Furniture and Floor Coverings, Home and Garden Products, Music, Video and Entertainment Software, and Sports and Leisure Equipment.

Detailed channel coverage is provided, covering 17 products, across four channel groups that include: General Retailers, Specialist Retailers, Value Retailers, and Online Retailers.

Forecasts allow marketers to understand the future pattern of market trends, from winners and losers to category and channel dynamics, and therefore quickly and easily identify the key areas in which they want to compete in the future.

Key Market Issues
The Chinese retail sector continues to be a highly fragmented market with organized retail accounting for only 20% of the total retail market. Most multi-national retail chains are limited to wealthier coastal cities whereas many rural areas remain un-touched by these retailers.

Key Highlights
General retailers was the largest channel group with the convenience stores (including independents) and gas stations recording the highest sales among the various channels under the general retailers channel group during review period. Hypermarkets, supermarkets and hard-discounters channel recorded the second highest sales.

According to a report published by China Population and Development Research Centre, the urban population in China accounted for approximately 51% of the total population. This is further set to rise to 60% by 2020.

As per the National Bureau of Statistics, the per capita disposable income of the urban Chinese consumer increased by 9.6% in 2012 over 2011.

Companies Mentioned

NA

To view the table of contents for this market research report please visit
http://www.reportstack.com/product/138942/the-future-of-retailing-in-china-to-2017.html

Media Relations Contact

Roger Campbell
Director of Marketing
http://www.reportstack.com

View this press release online at: http://rwire.com/298815