New Emerging Markets Such as India and China are Replacing Saturated Western Markets in the Retail Arena.DUBLIN Dublin, city, Republic of Ireland Dublin, Irish Baile Átha Cliath, county borough (1991 pop. 915,516), Leinster, capital of the Republic of Ireland, on Dublin Bay at the mouth of the Liffey River. , Ireland -- Research and Markets (http://www.researchandmarkets.com/reports/c50719) has announced the addition of Major Growth Opportunities in Global Retail to their offering. "Major Growth Opportunities in Global Retail" is a detailed analysis of the growth factors and challenges for 5 major growth markets in retail. The report includes analysis of Political, Social and Economic Factors. Globalization globalization Process by which the experience of everyday life, marked by the diffusion of commodities and ideas, is becoming standardized around the world. Factors that have contributed to globalization include increasingly sophisticated communications and transportation has increased not only competition between companies and markets, it has also created new competition and markets alike. New emerging markets such as India and China are replacing saturated saturated /sat·u·rat·ed/ (sach´ah-rat?ed) 1. denoting a chemical compound that has only single bonds and no double or triple bonds between atoms. 2. unable to hold in solution any more of a given substance. western markets in the retail arena. Since 2001, 90 new markets have been entered by more than 49 global retailers, but at the same time in 2005, 17 retailers left markets. With high GDP GDP (guanosine diphosphate): see guanine. growth, fall in unemployment, high disposable income disposable income Portion of an individual's income over which the recipient has complete discretion. To assess disposable income, it is necessary to determine total income, including not only wages and salaries, interest and dividend payments, and business profits, but also and a huge unorganized retail sector is a potential gold mine for major retailers of the world such as Wal-Mart, Carrefour, Tesco and others. However, retail is not the same in emerging markets. Different economic, social and political factors create a need to reinvent re·in·vent tr.v. re·in·vent·ed, re·in·vent·ing, re·in·vents 1. To make over completely: "She reinvented Indian cooking to fit a Western kitchen and a Western larder" marketing and operation strategy. Demographics The attributes of people in a particular geographic area. Used for marketing purposes, population, ethnic origins, religion, spoken language, income and age range are examples of demographic data. and income levels create a diverse set of requirements that may challenge existing business models and value chain strategies. This report evaluates the top five developing retail markets, as determined by the 2006 Global Development Index[TM] by A.T. Kearney, on factors such as political stability, economic potential and demographic distribution, to provide an in-depth view of the story behind the ranks. Topics Covered Overview India Russia Vietnam Ukraine China Appendix I The 2006 Global Retail Development Index[TM] Appendix II Country Administration Overview Companies Mentioned * -Wal-Mart * -Carrefour * -Tesco * -Gap * -Zara * -Timex * -Reliance * -Bharti group * -Godrej * -DCM Shiriram For more information visit http://www.researchandmarkets.com/reports/c50719 |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion