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TMCNet:  Research and Markets: Poland Retail Report Q2 2012: retail sales forecasted to increase by more than 25% by 2016

[March 20, 2012]

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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