Ghana Retail Report - Business Monitor International - Industry Reports

Ghana Retail Report

Ghana Retail Report - Business Monitor International - Industry Reports
Ghana Retail Report
Published Sep 10, 2016
62 pages — Published Sep 10, 2016
Price US$ 1,295.00  |  Buy this Report Now

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Abstract:

Italy s niche furniture manufacturer Kartell is planning to open its first store in Ghana in the next several months. This will be the firm s second African outlet after one launched in Nairobi, Kenya, last year. ...This will be the firm s second African outlet after one launched in Nairobi, Kenya, last year. Strong growth in household incomes averaging -.- in USD terms annually is going to boost total spending, which we forecast to grow at a rapid pace of --.- over ---------. Increased consumer confidence will also help to drive the expansion of the sector. Despite a large expansion in nominal spending value, inflation will stay in double-digit territory for at least three more years. As a result, most Ghanaian households will stick to essentials spending, where groceries will take the lion s share with --.- of total household spending.

...Ghana has been a stable democracy since ----, which has allowed the economy to make impressive progress while supporting steady growth in income levels. Ghana is rich in natural resources such as gold, diamonds, manganese ore and bauxite, as well as in oil, and this is expected to provide significant support to economic growth and increases in income levels. ...Ghana has been a stable democracy since ----, which has allowed the economy to make impressive progress while supporting steady growth in income levels. Ghana is rich in natural resources such as gold, diamonds, manganese ore and bauxite, as well as in oil, and this is expected to provide significant support to economic growth and increases in income levels. Ghana is steadily urbanising, meaning there will be a larger market for retailers currently based in urban areas over the coming five years. ...Ghana is steadily urbanising, meaning there will be a larger market for retailers currently based in urban areas over the coming five years. Ghana is one of the most visited countries in Africa and rising visitor numbers will provide additional boosts to retail sales.

...BMI View: Modern retail continues to slowly push ahead in Ghana. In addition to several new malls that have opened in Accra since ----, two more will open in Kumasi in ----, expanding the total available real estate stock - crucial for new brands to either grow or enter the country. ...

  
Source:
Document ID
2058-0932
Country
Industry
Format:
PDF Adobe Acrobat
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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.

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MLA:
Business Monitor International - Industry Reports. "Ghana Retail Report" Sep 10, 2016. Alacra Store. Dec 03, 2016. <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Ghana-Retail-Report-2026-1698>
  
APA:
Business Monitor International - Industry Reports. (2016). Ghana Retail Report Sep 10, 2016. New York, NY: Alacra Store. Retrieved Dec 03, 2016 from <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Ghana-Retail-Report-2026-1698>
  
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