Monday, June 10, 2013

Retailing Market Report: South Africa, Slovakia and New Zealand

Retailing in South Africa report offers insight into key trends and developments driving the industry. The report examines all retail channels to provide sector insight. Channels include hypermarkets, supermarkets, discounters, convenience stores, mixed retailers, health and beauty retailers, clothing and footwear retailers, furniture and furnishing stores, DIY and hardware stores, durable goods retailers, leisure and personal goods retailers. There are profiles of leading retailers, with analysis of their performance and the challenges they face. There is also analysis of non-store retailing: vending; home shopping; internet retailing; direct selling, as available.


Retailing recorded significant current value growth of 10% in 2012. This growth was stimulated by unit price increases across all retail channels during the year. The rising costs of production pushed up the final unit prices of most retail products. Rising fuel and electricity costs remained the key driver of inflation; retail value sales growth fell as consumers cut their spending, which led to them buying less quantities of most products, hence leading to lower volume growth but stable value



Retailing value sales grew by 3% in 2012, up from 1% growth in the previous year. This performance can be attributed to a rise in unit prices, which, according to the Slovak statistical office, rose by 4% in 2012. While consumer purchasing power remained weak, demand stagnated as consumers continued to focus on making savings due to increasing uncertainty created by rising unemployment and the mounting European debt crisis.



Retailing increased by 3% in current value terms in 2012, compared with a CAGR of 2% witnessed during the review period. 2011 value growth was nonetheless slightly higher than the growth in 2012, at 5%. This was largely due to the increase in Goods and Services Tax (GST) which took place in October 2010, and led to an increase in unit prices.


Table of Content

Executive Summary
Value Growth Exceeds Volume Growth
Consumers Embrace Private Label Products in A Period of Rising Costs
Grocery Retail Sales Continue To Drive Overall Growth
Shoprite Holdings Continues To Dominate Retailing
Stable Is Growth Expected Over the Forecast Period
Key Trends and Developments
More Foreign Investors Are Expected, As the Government Seeks To Improve Levels of Employment
More Online Stores Are Expected To Open As the Number of Web Users Increases
Product and Service Levels Are Set To Improve in South Africa
Private Label Is Gaining Popularity
Growth in the Number of Black Middle-income Consumers Continues To Affect the Growth of Retailing
Retailers Face A Dilemma Between Expansion and Rising Operational Costs
Market Indicators

For more details contact Mr. Priyank Tiwari: sales@rnrmarketresearch.com / +18883915441
Website: http://www.rnrmarketresearch.com