The Future of Global Retailing to 2016

London, August 1st, 2012 - Global retail sales were dominated by food and grocery sales in 2011, accounting for over half of total sales that year. However, while this category was the largest, its sales are relatively stable year-on-year. Outside this dominant area, electrical and electronics had the fastest developing sales between 2006 and 2011, growing at an annual average rate of over 7%. In terms of market structure, general retailers were the largest channel group, contributing just under half towards total global retail sales in 2011.

In the review period (2006-2011), global retail sales grew at a CAGR of 7%. Canadean expects retail sales in the region to grow by over 8% annually during the forecast period (2012-2016). General retailers were the largest channel group, contributing 47.1% towards global retail sales in 2011, or US$6,756.8 billion in value terms. During the review period, online retailers were the fastest-growing channel group, with a CAGR of 14.27% and are expected to remain the fastest-growing category group during the forecast period (2012-2016), at a CAGR of 15.06%.

Asia-Pacific continues to dominate global retail sales. The contribution from the region is expected to increase from just over 30% in 2006 to just under half by 2016. Asia-Pacific is expected to continue to grow by over 10% every year through 2016.

Both Europe and North America are expected to see a decline in their share towards global retail sales. While Latin American share is expected to increase marginally by 2016, that of Middle East and Africa will remain unchanged. North America dominates the per-capita retail spend among all five regions, followed by Europe and Latin America.

This report provides detailed data on the size and development of retail sales of individual product types through specific retail channels and formats in the Global Market. It provides a detailed and comprehensive quantitative analysis of the trends affecting market development through both historic and forecast data, which allows marketers to understand the future pattern of market trends, from winners and losers to category and channel dynamics, and thereby quickly and easily identify the key areas in which they want to compete in the future.

To purchase the full report, please click here.

About Industry Review:
Industry Review is a collection of incisive, regularly updated market reports across 40+ industry sectors and 100+ countries.

We provide access to the latest data on global and local markets, key industries, top companies, M&A activity, new product launches and trends so you can make faster and better informed business decisions.

The reports in our store draw on robust primary and secondary research, proprietary databases, industry surveys and insightful analysis from our own expert teams and from carefully selected third-party publishers.

With access to over 400 in-house analysts and journalists, and a global media presence in over 30 industries, Industry Review delivers in-depth knowledge of local markets worldwide.

For more information, please visit our website at www.industryreview.com

For more information on the article, please contact:

Press Contact:
Shelly Wills
Tel: +44 (0) 20 7936 6671
shelly.wills@industryreview.com