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Research and Markets: Poland Retail Report Q2 2012: retail sales forecasted to increase by more than 25% by 2016
(M2 PressWIRE Via Acquire Media NewsEdge) Dublin - Research and Markets (http://www.researchandmarkets.com/research/fe3ae722/poland_retail_repo) has announced the addition of the "Poland Retail Report Q2 2012" report to their offering.
The Q212 BMI Poland Retail Report forecasts that the country's total retail sales will increase by more than 25% in local currency terms between 2012 and 2016, growing from a predicted PLN447.65bn (US$169.82bn) to PLN560.60bn (US$212.67bn). Rising disposable income, consumers seeking more choices, low prices offered by foreign and domestic chains and increased car ownership are key factors behind retail market expansion. EU membership since 2004 and increasing amounts of foreign direct investment (FDI) have enabled retailers to make significant inroads into the Polish market, contributing to forecast average annual retail sales growth of 5.9%.
Poland Retail Report provides industry professionals and strategists, corporate analysts, retail associations, government departments and regulatory bodies with independent forecasts and competitive intelligence on Poland's retail industry.
Poland's nominal GDP is predicted to be US$581.2bn in 2012, up from US$547.8bn in 2011. Average annual GDP growth of 4.1% is forecast by BMI between 2012 and 2016. With the population expected to increase slightly, from 38.3mn in 2012 to 38.4mn by 2016, GDP per capita is forecast to reach US$21,637 by 2016.
With 38mn people, Poland is the biggest market among the new EU countries. The population is also one of the most youthful in Central and Eastern Europe (CEE), with more than 38% of all citizens in 2010 in the 20-44 age range crucial for retail sales, according to the UN Population Division data.
In 2008, according to the Polish Central Statistical Office (GUS), the biggest increase in sales (38.7%) came from retailers selling clothes and footwear. Retailers selling furniture, radio and television equipment and household appliances recorded an increase of 28.8%. Other groups with high sales were books and stationery (20.9%), and pharmaceuticals, cosmetics and orthopaedic equipment (15.8%). The trend for increased spending on non-essential, non-food items is a reflection of the maturing of the Polish retail market as it begins to track Western European purchasing trends more closely.
Teenagers and young adults in particular are driving fashion sales in Poland.
Retail sub-sectors that are likely to achieve steady growth over the period include automotives, with BMI forecasting that sales will rise from a predicted 370,336 units in 2012 to 481,851 units by 2016, an increase of more than 30%, with Poland outperforming its EU peers.
Consumer electronic sales are forecast to rise by nearly 31%, from a predicted US$7.99bn in 2012 to US$10.44bn in 2016. The market offers continued growth potential due to relatively low penetration in product groups such as computers and digital cameras - at about 30% and 25% of the population respectively.
Over-the-counter (OTC) pharmaceutical sales are expected to grow by a substantial 62%, from US$2.87bn in 2012 to US$4.65bn by 2016.
BMI food consumption data suggest that the food retail segment will have a market share of 34.0% in 2012. The sub-sector is forecast to be worth US$57.76bn in 2012, and sales are expected to grow by 61.1% to US$93.03bn by 2016. Our forecasts suggest an increase in the retail market share of food to 43.7% by 2016.
Mass grocery retail (MGR) sales are forecast to be US$31.08bn in 2012, and are expected to grow much faster than overall food sales throughout the forecast period, to US$47.11bn by 2016. Poland is one of the key MGR markets in the CEE region. With disposable incomes rising, more Polish consumers are converting to modern retail formats.
Retail sales for the BMI universe of CEE countries in 2012 are forecast to amount to US$1,342bn based on the varying national definitions. Total consumer spending for the region based on BMI's macroeconomic database is expected to be US$2,172bn. Russia, Turkey and Poland are predicted to account for an estimated 79% of regional retail sales in 2012, falling slightly to 78% by 2016. Poland's forecast market share of 12.6% in 2012 is expected to rise to 13.1% by the end of the period.
Key Topics Covered:
Executive Summary
SWOT Analysis
Poland Retail Business Environment SWOT
Poland Political SWOT
Poland Economic SWOT
Market Overview
Current Trends
Key Players
Industry Forecast Scenario
Consumer Outlook
Retail Growth Outlook
Table: Poland's Retail Indicators, 2010-2016
Table: Retail Sales By Key Segment, 2012f
Macroeconomic Outlook
Table: Poland - Economic Activity
Regional Retail Outlook
Table: Regional Retail Trends, 2010-2016
Table: Regional Retail Sales, 2010-2016 (US$bn)
Table: Countries By Percentage Share Of Regional Retail Sales, 2010-2016
Regional Retail Trends
Business Environment Outlook
Poland's Retail Rating
Limits To Potential Returns
Risks To Realisation Of Returns
Mass Grocery Retail
Poland Mass Grocery Retail Industry SWOT
Market Overview
Leading Retailers
Table: Poland Structure Of The Mass Grocery Retail Market By Estimated Number Of Outlets
Table Poland Structure Of The Mass Grocery Retail Market By Value (US$bn)
Industry Forecast Scenario
Mass Grocery Retail
Table: Poland Mass Grocery Retail - Value Sales By Format - Historical Data & Forecasts, 2008-2016
Table: Poland Grocery Retail Sales By Format - Historical Data And Forecasts
Industry Developments
Consumer Electronics
Poland Consumer Electronics Market SWOT
Market Overview
Computers
Table: PC Sales, 2009-2016
AV Devices
Table: AV Sales, 2009-2016
Mobile Handsets
Table: Mobile Communications, 2009-2016
Industry Forecast Scenario
Consumer Electronics Market
Table: Consumer Electronics Overview, 2009-2016
Industry Developments
Automotives
Poland Autos Industry SWOT
Market Overview
Investment Climate
Company News
Used Vehicles
Manufacturers
Suppliers
Industry Forecast Scenario
Production And Sales
Table: Poland - Autos Production And Sales, 2009-2016 (CBUs)
Trade
Industry Developments
BMI Methodology
How We Generate Our Industry Forecasts
Sources
For more information visit http://www.researchandmarkets.com/research/fe3ae722/poland_retail_repo
CONTACT:
Research and Markets,
Laura Wood,
Senior Manager.
press@researchandmarkets.com
Fax from USA: 646-607-1907
Fax from rest of the world: 353-1-481-1716
((M2 Communications disclaims all liability for information provided within M2 PressWIRE. Data supplied by named party/parties. Further information on M2 PressWIRE can be obtained at http://www.presswire.net on the world wide web. Inquiries to info@m2.com)).
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