Big market research adds a report titled “Retailing in Brazil- Market Summary and Forecasts: Comprehensive overview of the market, consumer, and competitive context, with retail sales value and forecasts to 2018,” which states that the retailing market in Brazil is expected to attain BRL1,976 billion by 2018, registering a CAGR of 9.1% during the forecast period.
The report on retailing market in Brazil is an extensive source of information with in-depth analysis of the market trends and various other factors influencing the growth of the retail sector in the Brazilian market. Despite of the economic downturn, the retailing sector in Brazil has managed to stand and rise against the economic scenario across Brazil.
There are various factors contributing to the growth of the Brazilian retail market. Various factors such as the evolving middle class population and the rising number of millionaires in Brazil, international tourists, dominance of domestic retailers in the grocery and food market and extension of tax breaks for electronic products are driving the growth of the Brazilian retailing market.
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The report is a comprehensive study covering 17 retail channels and 26 product categories to provide the market investors with deep insights on the overall retailing market scenario in Brazil. The report helps in evaluating the latest and emerging market trends to effectively formulate future business strategies.
The report covers a wide range of product categories including Personal Care, Footwear, Clothing, Books, News & Stationery, Electronics & Electrical, Grocery & Food, Home & Garden Products, Floor Coverings & Furniture, Sports & Leisure Equipment, Luggage & Leather Good and Music, Video & Entertainment Software.
The report also analyzes the competitive scenario of the retailing market in Brazil by listing the major players form the Brazilian retail market. The report includes both international and domestic companies in the aforementioned product segments.