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Category: Business and Industry
Date Submitted: 12/11/2015 03:18 AM
Researchmoz added Most up-to-date research on "Retailing in Spain - Market Summary & Forecasts 2019" to its huge collection of research reports.
Retail sales in Spain have been declining since the recession and saw a modest growth of 1.1% in 2014, to reach EUR194.9 billion. This positive growth is set to continue and retail sales are forecast to grow at a CAGR of 3.2%, to reach EUR217.8 billion by 2019. The price of commodities is falling drastically and this downfall may have a positive impact on retail sales. The increasing penetration of the Internet and mobile devices is fueling the growth of sales through the online channel, and the trend is expected to gain further traction over the next five years.
Key Findings
Uncertain economic conditions had a significant impact on Spains retail industry
Shopping tourists continue to boost retail sales in Spain
Increasing price sensitivity and constant price saving opportunities drive the sales of private label products
The food and grocery category accounted for 62.6% of total retail sales in 2014
Online retailing is expected to grow at a CAGR of 14.1% over the forecast period
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Synopsis
Retailing in Spain Market Summary & Forecasts, 20142019 provides data for historic and forecast retail sales, and also includes information on the business environment and country risk related to the Spain retail environment. In addition, it analyses the key consumer trends influencing the Spain retail industry.
What else does this report offer?
In-depth analysis of the latest trends in consumer shopping, covering the factors driving shopping, consumer insights, market dynamics (covering 26 product categories), and reviews of the latest best practice in online retail site design
Market insights based on consumer trends, changing economic and demographic factors, technology innovations and other macroeconomic...