Chile Retail Report - Business Monitor International - Industry Reports

Chile Retail Report

Chile Retail Report - Business Monitor International - Industry Reports
Chile Retail Report
Published Jun 11, 2016
61 pages — Published Jun 11, 2016
Price US$ 1,295.00  |  Buy this Report Now

About This Report

  
Abstract:

Retail spending across the different segments is expected to grow strongly over our forecast period, but we see particularly strong growth in non-essentials segments, such as personal, insurance and other , recreation and culture and restaurants and hotels. The proportion of households earning a net income USD--,--- or more a year will rise significantly, from --.- in ---- to --.- by ----. The proportion of households earning USD--,--- or over will more than double, from -.- in ---- to -.- by ----, hugely increasing the number of Chileans able to spend on luxury items. We see the key retail demographic, those aged between -- and --, who typically have the highest disposable incomes and the most aspirational lifestyles, growing more slowly, with the average annual increase tailing off to -.- by ----. Of more concern, younger age groups will decline in number over the forecast period, which will pose long-term challenges to Chile s retail sector. ...The country s score is held back to low scores for country rewards and industry risks, on the back of the small size of the population and the already developed nature of the retail market. However, a growing middle class and increasing aspirational purchasing, as well as a stable and welcoming business environment, mean that the country will continue to be an investment target.

...The diversification of the economy away from mining will create new jobs in manufacturing and services, driving incomes up and creating a more sophisticated retail sector. Main urban areas are largely saturated in terms of retail, but we see growth in communities surrounding the urban centres. ...There is scope for increasing retail aimed at aspirational purchases, for example expensive clothing and consumer electronics. E-commerce is growing strongly, and many retailers expect a significant shift of spending to go online, especially in the electronics and fashion sectors. Shopping centres are increasingly common, inside Santiago and in other smaller cities. ...E-commerce is growing strongly, and many retailers expect a significant shift of spending to go online, especially in the electronics and fashion sectors. Shopping centres are increasingly common, inside Santiago and in other smaller cities.

...Chile s open economy means reduced hurdles to foreign investment in the country. The openness to foreign investment and the country s extensive set of bilateral, regional and multilateral trade agreements make it easy to import goods to meet growing consumer demand. ...

  
Source:
Document ID
2040-9036
Country
Industry
Format:
PDF Adobe Acrobat
Buy Now

Business Monitor International - Industry Reports—Established in 1984, Business Monitor International is a leading online publisher of specialist business information on global emerging markets. Business Monitor's range of quarterly services covers political risk, finance, macroeconomic performance, outlook and forecast, industry sectors and the business operating environment. Each Industry Report has been researched at source, and features latest-available data covering production, sales, imports and exports; 5-year industry forecasts through end-2012; company rankings and competitive landscapes for multinational and local manufacturers and suppliers; and analysis of latest industry developments, trends and regulatory changes.

About the Author


Cite this Report

  
MLA:
Business Monitor International - Industry Reports. "Chile Retail Report" Jun 11, 2016. Alacra Store. Dec 10, 2016. <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Chile-Retail-Report-2026-852>
  
APA:
Business Monitor International - Industry Reports. (2016). Chile Retail Report Jun 11, 2016. New York, NY: Alacra Store. Retrieved Dec 10, 2016 from <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Chile-Retail-Report-2026-852>
  
US$ 1,295.00
$  £  
Have a Question?

Any questions about the report you're considering? Our Customer Service Team can help! Or visit our FAQs.

More Research

Search all our Market Research from one place.