Strong Economy Making Brazil Retail Sector Sustainable

Released on: July 6, 2008, 9:43 pm

Press Release Author: Shushmul Maheshwari

Industry: Retail

Press Release Summary: Brazil’s retail industry is rapidly growing on the back
of high economic growth, rising consumer expenditure and diversification of
amenities, says new research report.

Press Release Body: A new research report by RNCOS, “Opportunities in Brazil
Retail Sector (2007-2011)”, says that Brazil is one of the world’s
largest retail markets, and due to high economic growth, rising consumer spending
and increasing GDP, the Brazilian retail industry grew at an estimated CAGR of 10.8%
from 2001 to 2006.

But in spite of rapid expansion of Brazil’s retail industry, there still
remains a vast room for growth of the US-style malls (known as
“shopping’s” locally), especially in less affluent parts of the
country where penetration of the organized retailing is relatively low. The report
adds that the expansion of the organized retailing will be strengthened, on one
side, by diversifying facilities such as cinema, banks, travel agencies and post
office provided in commercial shopping centers, and on the other side, by boosting
the construction of new shopping centers near frequently visited places such as
airports and metro stations.

Besides, says the RNCOS research, the rising income level in Brazil will also enable
its people to consume more, subsequently driving the retail industry in near future.
Hence, the increasing consumer spending grounded on continued economic growth will
propel the Brazilian retail industry towards growth.

Apart from this, the report provides rational forecast on the performance of various
segments of the Brazilian retail industry, including apparel industry, footwear
industry and household appliances.

“Opportunities in Brazil Retail Sector (2007-2011)” is a comprehensive
research on Brazil’s retail industry. It gives comprehensive information on
various aspects of the retail industry, such as current and past performance, growth
opportunities, future prospects, industry drivers, challenges etc. The forecast
provided in the report is not based on complex economic models but roughly tells
about the direction in which the industry is expected to move.

The research study also gives an in-depth analysis on various segments of the
Brazilian retail industry, along with existing retail formats in the country, and
enables clients to understand the framework of the Brazilian retail industry.

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://rncos.com/Report/IM544.htm
Current Industry News: http://www.rncos.com/Blog/

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

Contact Details: 29, 1st Floor, Patparganj Industrial Area, Delhi 92
91-11-4214-1229
91-11-4214-1228
info@rncos.com

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