India Retail Report - Business Monitor International - Industry Reports

India Retail Report

India Retail Report - Business Monitor International - Industry Reports
India Retail Report
Published Aug 06, 2016
63 pages — Published Aug 06, 2016
Price US$ 1,295.00  |  Buy this Report Now

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Abstract:

India s large rural population, currently underserved by modern retail, could provide opportunities to retailers willing to accept the logistical challenges. Over our forecast period the number of households with a net income of more than USD-,--- a year is set to rise from --.- in ---- to --.- , creating significant opportunities for retailers, although as incomes will still be relatively low, opportunities will be more for retailers of essential products. ...India s large rural population, currently underserved by modern retail, could provide opportunities to retailers willing to accept the logistical challenges. Over our forecast period the number of households with a net income of more than USD-,--- a year is set to rise from --.- in ---- to --.- , creating significant opportunities for retailers, although as incomes will still be relatively low, opportunities will be more for retailers of essential products. The key demographic for modern retail, the ----- age group, is growing fast, presenting significant opportunities for retailers to expand and develop brand loyalty. ...Spending on non-essentials such as recreation and culture, restaurants and hotels is expected to grow strongly, although from a low base, over our forecast period. The growth of tourism in India will drive some of this spending.

...The Indian middle class remains relatively small, with only slow growth in income levels at the middle and upper end of the scale forecast. This will limit opportunities for retailers of non-essential products. ...This will limit opportunities for retailers of non-essential products. The rural population is forecast to represent --.- of the total in ----, falling only slowly to --.- by ----, while almost -- of the population is classified as not economically active by the UN. This is a major obstacle for retailers seeking to rapidly expand their customer base, as rural areas are harder to reach and rural incomes tend to be lower. ...Indian infrastructure remains poor, increasing costs for retailers. Logistics can make up to -- of the cost of a product due to a reliance on road transport.

...Multiple foreign retailers are entering and expanding in India. IKEA has begun constructing the first of its -- planed units, Longchamp and BoConcept inaugurated their first stores, DKNY opened its ninth store and Forever -- plans to open up to eight more shops in ----. ...

  
Source:
Document ID
2040-9109
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. "India Retail Report" Aug 06, 2016. Alacra Store. Dec 07, 2016. <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/India-Retail-Report-2026-838>
  
APA:
Business Monitor International - Industry Reports. (2016). India Retail Report Aug 06, 2016. New York, NY: Alacra Store. Retrieved Dec 07, 2016 from <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/India-Retail-Report-2026-838>
  
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