Retailing in France - Market Summary and Forecasts; Comprehensive overview of the market, consumer, and competitive context, with retail sales value and forecasts to 2019

Retailing in France - Market Summary and Forecasts; Comprehensive overview of the market, consumer, and competitive context, with retail sales value and forecasts to 2019

  • August 2015 •
  • 147 pages •
  • Report ID: 2403748
Summary
France retail sales are forecast to grow at a CAGR of 1.92% through 2019. While the impact of weakening macro-economic factors is inevitable, the shift in consumption is moving towards value purchases across product segments, with greater preference for the online channel. The online retail channel is poised to witness a considerable CAGR of 11.09% over the next five years, on the back of increasing penetration of internet, mobile, and broadband users. Value consciousness, convenience, and hectic lifestyles will be the prime factors to draw French consumers towards online retailing.

Key Findings
- With the impact of weakening macro-economic factors, the shift in consumption is moving towards value purchases across product segments, with greater preference for the online channel.

- Aging population and single households will be prime focus groups and the stores that are closer in proximity and offer greater convenience will observe greater demand.

- While the wealthy population in France is responsible for a notable demand for French luxury goods, it is the travel industry that largely contributes to this demand.

- French consumers are showing greater inclination to procure local and organic products and are willing to pay a premium for them as they strongly believe in the quality of foods produced locally

- Online retailing will be the fastest growing retail channel over the next five years and is estimated to have a share of 8.6% of overall retail sales in 2019

- The home and garden and furniture and floor coverings sectors were a victim of economic uncertainties over the historic period

Synopsis
“Retailing in France - Market Summary and Forecasts, 2014-2019” provides data for historic and forecast retail sales, and also includes information on the business environment and country risk related to the French retail environment. In addition, it analyses the key consumer trends influencing the France 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 factors.

- Retail sales and fastest-growing product categories that includes Clothing; Footwear; Books, News and Stationery; Electrical and Electronics; Food and Grocery; Health and Beauty; Furniture and Floor Coverings; Home and Garden Products; Music, Video and Entertainment Software; Sports and Leisure Equipment; Jewelry, Watches and Accessories; Luggage and Leather Goods

- Qualitative and quantitative insights of changing retail dynamics across various channels

Reasons To Buy
- Gain a comprehensive knowledge on 26 products across 12 product sectors in the French retail market and develop a competitive advantage around consumer behaviour trends from the start of your supply chain

- Explore novel opportunities that will allow you to align your product offerings and strategies to meet demand by analyzing the vital economic and population trends, key consumer and technology trends influencing the retail market

- Investigate current and forecast behaviour trends in each category to identify the best opportunities to exploit

- Analyze the recommended actions to align your marketing strategies with the crucial trends influencing the consumer behavior

- Understand the fastest growing categories in the market with insights on performance of individual product categories, across key channels from 2009, with forecasts until 2019

- Analysis of key international and domestic players operating in the French retail market - including store counts and revenues that give you a competitive edge - identify opportunities to improve your market share
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Country=France Industry=Retail ParentIndustry=ConsumerGoodsAndRetail Date=201508 Topic=Demand Publisher=GlobalData Price=5000