RNCOS’ "South African Retail Industry Forecast (2007-2011)” report provides extensive research and rational analysis of South Africa Retail Industry. This report helps clients to analyze the opportunities and factors critical to the success of retail industry in South Africa.
Key Findings
- In South Africa, convenience store format continues to register the highest growth in comparison to other retail formats, as the market for other formats has already reached saturation. Another reason for the growth of C-store format is changing consumer patterns that have compelled retailers to take this format to consumers. The franchise model will also be used more extensively to attain a faster conversion of unorganized retail sector into organized one cost-effectively.
- Retail key sectors such as motor vehicles, furniture, clothing, media, property, and cellular phone - all are benefiting from the booming middle-class and will continue to reap benefits in the future as well.
- Real disposable income is the core driver for consumer spending and it is expected to grow at a moderate rate during the review period (2007-2011).
- Although the demand for durable goods (furniture and appliances) and semi-durable goods should remain buoyant over the forecast period (2007-2011), but the greatest opportunities for retail sales growths are likely to be in the food and groceries sector.
- Organic food market, the fastest growing segment in the food sector after baby food market, will grow with a CAGR of 30% during the next four years (2007-2010).
Key Issues and Facts Analyzed
The research report also takes into account the issues and facts that are critical to success of South Africa retail industry, like:
- What is the market size and scope of growth of the retail industry in South Africa?
- What are the growth prospects and issues related to the industry?
- What are the factors driving growth in this sector?
- What is the size of segment-wise organized market & what are its growth prospects?
- Who are the major players in South African retail industry, their strategies for growth, and their position in the market?
- What are the emerging trends in the South African retail industry?
- What are the opportunities & challenges before the retailers in South Africa?
Key Players Analyzed
This section covers the key facts about players currently operating in the South Africa retail industry. The section includes overview on market players like Pick n Pay Holding Ltd., Shoprite Holdings Ltd., Spar Group Ltd., Massmart Holdings Ltd., Woolworths Holdings Ltd., Metcash Ltd. and Edgars Stores.
Research Methodology Used
Information Sources
Information has been sourced from various sources like books, newspapers, trade journals, and white papers, industry portals, government agencies, trade associations, monitoring industry news and developments, and through access to access to more than 3000 paid databases.
Analysis Methods
The analysis methods include Ratio Analysis, Historical Trend Analysis, Linear Regression Analysis using software tools, Judgmental Forecasting and Cause and Effect Analysis.
