PRTODAY / NewswireToday Free press release distribution service network

More news: Retail/Wholesale
Written by / Agency / Source: RNCOS E-Services (P) Ltd

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Chinese Retail Market Poised for 20% Growth - China has become a lucrative market for global retail players on account of its strong economy, rising personal disposable income and high consumer confidence. RNCOS expects the market to grow strongly in future
Chinese Retail Market Poised for 20% Growth

 

NewswireToday - /newswire/ - Delhi, New Delhi, India, 2007/11/16 - China has become a lucrative market for global retail players on account of its strong economy, rising personal disposable income and high consumer confidence. RNCOS expects the market to grow strongly in future.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Retail/Wholesale Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

The leading market research company RNCOS has recently launched a comprehensive report "Opportunities in Retail Sector - China (2007-2011)” on the retail industry of China. According to the report, the Chinese retail industry has increased at a CAGR of 12.38% during the last six years.

The fourth largest economy of the world, China, is also the third largest country in terms of retail industry. As the country is developing day and night, its retail industry is also anticipated to increase at a CAGR of 20% during the period 2007-2011.

The report has notified the growth-filliping factors for the Chinese retail market, including the growing population, WTO accession, rising personal disposable income, high consumer confidence and an increasing GDP.

Strong economy, deregulation of retail sector, rising purchasing power of a growing middle class and a high degree of China’s consumerism are further increasing the domestic consumption making China a lucrative market for the global retail players.

During the forecasted period (2007 to 2011), top five fastest growing categories would be cosmetics and toiletries, apparel, furniture, washing machines and computers. Although during the forecasted period, the clothing expenditure will retain its surge, the focus on the fashion apparel will be more, with an increasing expenditure on the toiletries and cosmetics. The growth of telecommunications will be driven by rapid increase in the number of Internet users and the growing availability of broadband services which will also boost the sales of personal computers.

The RNCOS study evaluates different market segments and retail formats existing in the Chinese retail industry, besides studying the consumer behavior in China. The Chinese retail format is governed by the hypermarkets and is anticipated that the sales would increase by 1% by the year 2008 as compared to 2005. Also, the increasing affluence of the urban areas will lead to the emergence of a different segment of large sophisticated consumers, says the report.

"Opportunities in Retail Sector - China (2007-2011)” provides a comprehensive and updated overview and rational analysis on the Chinese retail industry while identifying the key opportunities and challenges vital for the success of the China 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.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Retail/Wholesale Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: RNCOS E-Services (P) Ltd

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Retail/Wholesale articles,
CATCH Visitors via Your Competitors Announcements!


Chinese Retail Market Poised for 20% Growth

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

RNCOS E-Services |
Publisher Contact: Shushmul Maheshwari 
+91 12 04224700 press[.]rncos.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any RNCOS E-Services (P) Ltd securities in any jurisdiction including any other companies listed or named in this release.

Retail/Wholesale via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From RNCOS E-Services (P) Ltd / Company Profile


Read Retail/Wholesale Most Recent Related Newswires:

World's First See through 'Child On Board' Sticker Prevents Accidents, Promotes Safety
Retail IT Specialist Detego Launches New Software for Omni - Channel Retailing
Online Grocery Store Somaya’s Kitchen Launched in the United Kingdom
Author & CEO of Market Viewpoint, Angela Megasko Presents At MSPA-NA’s Annual Shopperfest in Las Vegas, Nevada
Oracle and Snapchat Measure Impact of Snap Ads On Sales in Stores
Russian Grocery Leader O’KEY Selects JDA to Drive Higher Sales and Profits
Rose Pharmacy Leverages JDA Merchandise Management System to Improve its Customer-centric Focus
RAANGE Interactive Secures One Million Customer Leads in 6 Months for Retailers
ARCH Design Relocates to 30,000-Square-Foot Facility
Azoth Analytics Releases 2015-2020 Global Handbags Market Trends, Opportunities and Forecasts
spexGrip Introduces Innovative Glasses Holder
Belle Lingerie Celebrates 10 Years of Online Trading
iControl Recognized as One of the Best Entrepreneurial Companies in America by Entrepreneur Magazine
Aurorae Launches Aqua Division with Sport & Swim Towel Line
Sinesy Unveils First Fashion Buying Digital Solution - PickTOUR

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  BizJobs.com

Visit  Triggr & Bloom





 
  ©2016 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)