Now Available: Retailing in France

From: Fast Market Research, Inc.
Published: Fri Sep 25 2015


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

Full Report Details at
- http://www.fastmr.com/prod/1040149_retailing_france_summary.aspx?afid=301

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 Get this Report

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Company: Fast Market Research, Inc.
Contact Name: Bill Thompson
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Contact Phone: 1-413-485-7001

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