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BRICdata Publishes Market Entry Strategies and Emerging Opportunities in the Car Rental Industry in Mexico - The value of the Mexican car rental market is projected to record a CAGR of 6.52% over the forecast period (2012-2016) - BRICdata.com
BRICdata Publishes Market Entry Strategies and Emerging Opportunities in the Car Rental Industry in Mexico

 

NewswireToday - /newswire/ - London, Greater London, United Kingdom, 2012/04/12 - The value of the Mexican car rental market is projected to record a CAGR of 6.52% over the forecast period (2012-2016) - BRICdata.com.

   
 
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Executive Summary
The Mexican car rental market recorded modest growth during the review period, registered a CAGR of 4.62% to reach a value of MXN5.1 billion in 2011. This modest growth was a consequence of the adverse effects of the global financial crisis and the outbreak of H1N1 flu in Mexico during 2008–2009. Both these factors reduced the number of tourist arrivals to Mexico, negatively impacting the country’s car rental market. However, both the Mexican economy and the country’s tourism industry recovered in 2010. With the country’s tourism industry expected to record strong growth and anticipating increased levels of foreign investment over the forecast period, the value of the Mexican car rental market is projected to record a CAGR of 6.52% over the forecast period.

Key highlights of this title:
• The Mexican car rental market recorded modest growth during the review period, registered a CAGR of 4.62% to reach a value of MXN5.1 billion in 2011
• This modest growth was a consequence of the adverse effects of the global financial crisis and the outbreak of H1N1 flu in Mexico during 2008–2009
• The recovery of the Mexican tourism industry was primarily driven by economic growth, an increase in the volume of domestic and inbound tourists, and government initiatives designed to attract international tourists
• With the country’s tourism industry expected to record strong growth and anticipating increased levels of foreign investment over the forecast period, the value of the Mexican car rental market is projected to record a CAGR of 6.52% over the forecast period
• With strong growth anticipated in Mexican tourism over the forecast period, all car rental companies are planning to increase their fleet size and open more offices across the country
Scope
• This report provides an extensive analysis of the car rental industry in Mexico
• It details historical values of the car rental market in Mexico for 2007–2011, along with forecast figures for 2012–2016.
• It offers detailed analysis of the factors driving the growth of car rentals, and the key emerging trends in Mexico
• The report details the key trends, regulatory environment, market entry strategies and marketing and growth strategies in Mexico
• It provides key companies operating in car rental industry in Mexico
Reasons to Purchase
• Make strategic business decisions using top-level historic and forecast market data related to the car rental industry in Mexico and each sector within it
• Understand the demand and supply-side dynamics within the car rental industry, along with key market trends and growth opportunities
• Assess the competitive landscape in the car rental industry in Mexico, and formulate effective market-entry strategies
• Identify the growth opportunities and industry dynamics within the car rental industry

Due to increasing internet penetration, recent improvements in the country’s telecommunications infrastructure and general economic growth, online retail is growing rapidly in Russia. Consequently, an increasing number of companies are progressing beyond merely using the internet for online marketing and are now also establishing online retail platforms. During the review period (2007–2011), Russian online retail sales recorded a compound annual growth rate (CAGR) of 18.92%. As of 2011, 80% of Russia’s online retail companies are based in Moscow and St. Petersburg, as a result of these cities’ high levels of internet penetration. The majority of Russia’s online retailers require cash on delivery or credit card payment.

Key highlights of this title
• The Russian online retail channel expanded significantly during the review period, with a CAGR of 18.92%.
• Russian online retailers are localizing their warehousing facilities and partnering with local courier and delivery companies in order to easily provide timely delivery services. Online retailers are also offering multiple payment options, including secured payment gateways and authenticated card payments.
• Competitive price fluctuation is the pricing strategy most often adopted by Russian online retailers.
• In 2011, home appliances was the most popular online retail product category, forcing online retailers such as Ozon.ru, Utkonos.ru, and 003.ru to offer attractive offers and deals on home appliances and electronic goods, especially during the festive season.
• The business factors considered the most important drivers of Russian online retail growth include the increasing cost of real estate, and geographical expansion through online retail sales.
• Supply chain optimization and the implementation of effective warehousing processes remain key challenges for Russian online retailers.

Scope
• This report provides an extensive analysis on the online retail industry in Russia.
• It details historical values for Russian online retail industry for 2007–2011, along with forecast figures for 2012–2016.
• It provides top-level analysis of the overall online retail industry, as well as product category values for both the 2007–2011 review period and the 2012–2016 forecast period.
• The report provides a detailed analysis on growth drivers, operational, marketing and pricing strategies, challenges and future trends in Russian online retail industry.
• The report profiles top online retail companies in Russia along with the case studies.

• Take strategic business decisions using top-level historic and forecast market data related to the Russian online retail industry and each product category within it.
• Understand the consumer and business drivers of the Russian online retail industry, along with key market trends and growth opportunities.
• Assess the business strategies (operational, marketing and pricing strategy) in the online retail industry in Russia.
• Identify the growth opportunities and industry dynamics within the online retail industry’s key product categories, region-wise adoption of online retail in Russia and consumer attitude and online retail dynamics in Russia.

Product code: TT0015MR

BRICdata (bricdata.com) specializes in the provision of strategic intelligence on emerging markets that helps suppliers in developed markets identify, pursue and achieve growth opportunities.

 
 
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BRICdata Publishes Market Entry Strategies and Emerging Opportunities in the Car Rental Industry in Mexico

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Publisher Contact: BRICdata.com 
+44(0)20 7406 6596 tarun.bisht[.]digitalinsightresearch.in
 
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