Showing posts with label trends. Show all posts
Showing posts with label trends. Show all posts

Global Retail Trends 2009

Global Retail Trends 2009


Selected Findings:
India – a booming retail market
­ The Indian retail market is the fifth-largest retail destination globally, it is estimated to reach US$ 427 billion by 2010 and US$ 637 billion by 2015.
Rural hypermarkets in India are growing at a blistering pace, providing multiple services from creating a platform to buy and sell farm products to banks and restaurants. ( http://www.bharatbook.com/detail.asp?id=133011&rt=Global-Retail-Trends-2009.html )

Global - Discounters – winners of the global recession
­ Discounters already account for 18% of grocery spending across Europe and it is predicted that they reach 20% in 2012 as lower disposable incomes and higher food prices put pressure on many household budgets.
By 2012, Russia will emerge as the second biggest discount market in Europe, behind Germany and ahead of France and Spain whose discount markets are also worth over euro20 billion.

USA – Multichannel transactions are growing
­ Due to growing cross channel and online shopping, by 2012 nearly 50% of transactions in the US are expected to be executed with the consumer crossing channels.

Global - Electronics: Netbooks will boom in 2009
­ Netbook shipments are forecasted to nearly double in 2009, rising 85%, to eight and a half million units. Even as more consumers opt for lowerpriced netbooks, the category will reach .4 billion in revenue in 2009.

Europe - Households Appliances show large growth potentials
In European households more than 180 million appliances aged ten years and older are still in use, offering a large potential for new energy saving appliances.

Global - Luxury remains an attractive segment in the future
After a strong expected decline in the Global Luxury Market in 2009 (-10%), it is predicted that the recovery lasts until 2012 – with a market volume reaching euro 174 billion. Despite current negative trends, long-term prospects for the luxury market remain strong.

The report is devided in three parts:

1. General Retail trends
Incldudes retail specific trends of selected countries or global trends, which are not related to a specific assortment or sales channel.

2. Distribution Channels
The reports includes selected trends of all major retail channels, which are:
Convenience Stores
Department Stores
Discount Stores
Supermarket/Hypermarket Stores
Drugstores
Franchising
Multi-Channel: Online/Catalogue/Mobile
Pharmacy
Retail Services

3. Assortments
This section includes trends related to selected assortments, such as:
Apparel
DIY
Electronics
Food/Grocery
Household Appliances & Home Furniture
Luxury
Perfumeries
Sports



To know more and to buy a copy of your report feel free to visit : http://www.bharatbook.com/detail.asp?id=133011&rt=Global-Retail-Trends-2009.html

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Related Global Automotive Business Articles

Continuous Innovations and Changing Trends in Automotive Industry

 


The global automotive industry is developing with increasing demand for new vehicles.  Automotive parts are either Original Equipment or aftermarket parts. From last few years there was fluctuation in the growth of automotive industry. U.S., Europe and Asian markets are contributing to a large extent in the development of automotive industry. Due to globalization, the pressure on manufacturers, suppliers, and the dependent businesses has increased. The demand and preferences of customers are changing with improved technologies in automobile industries. It’s a tough challenge for automobile industry to cope with ever-changing trends in the industry. Customers and manufactures are becoming more quality conscious. Market research reports determined new methods adopted by manufacturers for improving quality and productivity like assistance of computer design, production, and testing.

TQM, Six-sigma, 5 S, Kaizen, just-in-time etc. Use of these techniques has increased durability of parts which results in less need for repairs. Globalization has increased the competition in market which increased cost pressures on producers. Many producers had cut-off prices by using advanced techniques of productions and offered quality products at low price to the customers. National focus on volatility and environmental movement has increased the pressure on automakers to opt for alternative energy resources like bio-fuels, hydrogen, etc. During the recession phase automotive industry had suffered a lot. The production and sales decreased with shift in trends. The number of automobile manufacturers is increasing every year. 

In the present scenario the rates of internet savvy and techno savvy customers have increased. This in turn forced the global automobile industry to do technological innovations to survive in the market. Research reports have analyzed that in days to come the demand for hybrid vehicles may increase due to increase in fuel prices. Some growing trends in automotive industry are shift in demand from large vehicles to small vehicles and from high-consumption vehicles to fuel-efficient cars. New technologies were introduces in the industry like diesel hybrids, clean diesels, and hybrids, manufacturers became more customer centric. The challenges of automotive industry increased with emergence of globalization, new technology, change in customer demands and economic uncertainties. To overcome these challenges companies started investing more on research and development of existing technology. This was done to modify engines and producing more fuel-efficient vehicles and machines so that customers can save cost of spending on fuel as well as to increase the sales, profitability and market share. Fuel efficient vehicles like power and battery vehicles came into existence with innovations in technology. Manufacturers adopted production techniques like mass production, lean production and craft production to get benefits if economies of cost and reduce cost of production per unit. Major innovations made by manufactures in product offerings were improved transmissions and engine modifications which improved the operation level of engines. Businesses have been making continuous changes in their production methods and technology in order to serve customer needs, meet customer expectations, improve productivity, increase sales, increase market share and in all to sustain in the market.