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Poland Retail Sales to grow at a CAGR of 15% by 2012: RNCOS Report
Jul 30, 2008
RNCOS new research report “Poland Retail Analysis (2008-2012)” says, rising consumer expenditure will drive the retail sales in Poland at an average of 15% from 2008 to 2012 and the retail sales will constitute more than 50% of the consumer expenditure till 2012.
Retail has emerged as one of the fastest and the most dynamic sector of the Polish economy. The shift from centrally-planned to market-oriented economy has fuelled the growth of retail sector in the country. The well-regulated environment, presence of large consumer base, and rising purchasing power has further given boost to the retail sales in the country. The entry of foreign retailers and the foreign direct investment in the sector has further led to the expansion of the retail industry in the past.
Improvement in the economic conditions and transition to market-centric economy has fuelled the consumption levels in the country. With growing economic activity, the purchasing power of polish consumer has increased over a period of time. Both the purchasing power in terms of disposable income and the retail sales has increased by almost same rate in past. It is expected the rising consumer expenditure will further drive the retail sales in the country and retail sales are expected to constitute majority proportion of the consumer expenditure.
Retail sales will remain one of the most dynamic sectors in the economy and will witness a phenomenal transition in future. Further entry of national as well as international player in the market will bring consolidation in the industry and will intensify the competition. The market will be continued to be dominated by international players due to favorable operating and investment policy in the country.
The study gives forecast for food retail sales, online retail sales, consumer expenditure and private label product sales in supermarket.
“Poland Retail Analysis (2008-2012)” report provides extensive research and rational analysis on the retail industry of Poland. It helps clients to analyze the opportunities and factors critical to the success of retail industry in the country and underlines the key issues the industry is facing. In addition, the report evaluates various market segments and retail formats present in the industry in detail and give an overview on opportunities and future forecast to help clients analyze the future course of direction and major growth areas of the industry.
For more information visit: http://www.rncos.com/Report/IM094.htm
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