Market Report, "Non-Grocery Retailers in Iran", published

From: Fast Market Research, Inc.
Published: Wed Aug 27 2014


The Iranian economy remained chaotic in 2013, continuing the trend from 2012. GDP growth became negative and unemployment reached its climax. The inflation rate, on the other hand, increased to around 40% in spite of economic stagnation in the country. Tightened sanctions led to the Iranian government being unable to sell oil effectively and thus made the flow of wealth to the country very difficult. As a result of these factors, consumer purchasing power declined significantly and thus growth in many retail channels declined in constant value terms. The decline was more visible in the non-grocery channel where, unlike in the grocery channel, shoppers were able to postpone their purchases or even eliminate many of their previous expenses. However, due to the high rate of inflation current value growth remained high (as result of price increases) at 34% which was still more than the review period CAGR of 31% in current value terms.

Competitive Landscape

Some 99% of value sales of Iranian non-grocery retailers came from independent small outlets in 2013 and thus no significant leader existed. However, Hacoupian Clothing Industries, Albasco and Melli Shoe Co can be mentioned as suppliers of apparel which have chain stores across the country.

Full Report Details at
- http://www.fastmr.com/prod/871457_nongrocery_retailers_in_iran.aspx?afid=301

Industry Prospects

Given the current political situation no major change is expected to happen in the field of non-grocery retailers. Key players, such as Samsung and Sony, are not expected to increase their number of outlets as it is more profitable for them to sell products to independent outlets. In contrast, domestic suppliers of apparel will need to invest a high degree of effort to compete with traditional small independent outlets, which are stocked with Chinese products. The number of independent stores will remain high and with the increase in the number of shopping centres in large cities, they will become more concentrated in special areas.

Report Overview

Discover the latest market trends and uncover sources of future market growth for the Non-Grocery Retailers industry in Iran with research from Euromonitor's team of in-country analysts.

Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.

If you're in the Non-Grocery Retailers industry in Iran, our research will save you time and money while empowering you to make informed, profitable decisions.

The Non-Grocery Retailers in Iran market research report includes:

* Analysis of key supply-side and demand trends
* Detailed market shares for international and locally-based retailers
* Historic volumes and values, company and brand market shares

About Fast Market Research

Fast Market Research is a leading distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff is always available to help you find the right research to fit your requirements and your budget.

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