Brazilian Retail Sales Reflecting Upward Trend

Released on: November 6, 2007, 1:17 am

Press Release Author: Shushmul Maheshwari

Industry: Retail

Press Release Summary: The growth of real incomes and consumer credit coupled with
an increasing GDP will drive the growth of the Brazilian retail industry to new
heights.

Press Release Body: The leading market research company RNCOS has recently launched
a comprehensive report “Opportunities in Brazil Retail Sector
(2007-2011)” on the retail industry of Brazil. As per the statistics by Planet
Retail given in the RNCOS report, the retail industry is anticipated to grow at a
CAGR of 5.01% from 2007 to 2011.

The RNCOS report notifies that Brazil is one of the world\'s biggest retail markets.
The retail industry has been registering robust growth in sales since 2003 but is
anticipated to grow at this rate only for few upcoming years due to continuously
reducing rate of inflation leading to the growth in real income and relaxation in
credit terms.

The retail sector in Brazil has been undergoing a strong expansion since 2003. It
had been increasing at a CAGR of 8.66% from 2001 to 2005. Driven by dynamic economic
activity and increasing GDP, the industry is anticipated to reach around US$ 391.6
Billion in 2011 from US$ 322 Billion in 2007 at a CAGR of 5.01%.

But despite the huge size, the Brazilian retail industry remains largely fragmented.
The report updates that the top five retail players in the industry hold only 25% of
the market share which reflects the vast untapped potential in the Brazilian retail
sector. However, the report gives a highly competitive picture of the Brazilian
retail sector, as major national and foreign groups acquiring small chains with an
objective to expand their market share and attaining economies of scale. Local
players are also working to come up to the terms with the foreign players by
significantly improving their operations, adopting new retail formats, and opening
new stores.

According to the report, supermarkets are the most accepted retail format in Brazil
which captures nearly 80% of the market.

Apart from the growth promoters and roadblocks, “Opportunities in Brazil
Retail Sector (2007-2011)” gives a comprehensive and updated overview of the
Brazilian retail industry by carefully analyzing the existing retail formats in the
industry and different market segments.

The study also identifies the forces that are stimulating the market to grow while
evaluating the trends impacting the market in order to present a rational analysis
of the retail industry in Brazil.

About RNCOS:

RNCOS, incorporated in the year 2002, is an industry research firm. It has a team of
industry experts who analyze data collected from credible sources. They provide
industry insights and analysis that helps corporations to take timely and accurate
business decision in today\'s globally competitive environment.

For more information visit: http://www.rncos.com/Report/IM544.htm
Current Industry News: http://www.rncos.com/blog


Web Site: http://www.rncos.com

Contact Details: RNCOS E-Services Pvt Ltd.
Shushmul Maheshwari
Head of Business Development
29, 1st Floor, Patparganj Industrial Area, Delhi 92
91-11-4214-1229
info@rncos.com

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