Israel Retail Report Q1 2016 - New Market Research Report

Israel's retailers will benefit from growing household incomes in the next four years, which will stimulate all retail sub-sectors, mostly housing and education. Meanwhile, groceries and non-essentials spending will grow slower than the overall retail sector. Security risks will harm sales early in the forecast period as consumers begin avoiding unnecessary shopping, however, we expect the situation to stabilize and improve in the medium term.

We are currently forecasting real GDP growth of 2.6% over 2015, down from 2.8% recorded during 2014 and this will accelerate to 3.4% in 2016. While we forecast the economic growth to remain stable, pressure on the currency is key and this will result in a projected drop in spending (in USD terms) from USD125bn to USD122bn in the retail sector most of which can be attributed to currency fluctuation rather than a decline in demand. However, we do expect a swift recovery of household incomes and spending, both in shekel and dollar terms over forecast period. Net household income is estimated to grow by 6.4% annually on average throughout the forecast period, which will shift some household spending patterns.

Full Report Details at
- http://www.fastmr.com/prod/1073394_israel_retail_report_q1_2016.aspx?afid=301

The Israel Retail Report has been researched at source and features BMI Research's independent assessment and forecasts for the retail sector. The report examines key drivers of retail sales growth and future prospects, including consumer spending and private sector investment.

BMI's Israel Retail Report also examines the level of development and potential for growth of the retail sector, the commercial initiatives of major players, changing consumer demographics that influence demand and the regulatory environment. Key sub-sectors include mass grocery retail, autos, over-the-counter pharmaceuticals, computers and consumer electronics.

Key Benefits

* Benchmark BMI's independent retail industry forecasts for Israel to test other views - a key input for successful budgeting and strategic business planning in the Israeli retail market.
* Target business opportunities and risks in Israel through our reviews of latest industry trends, regulatory changes and major deals, projects and investments.

Coverage

BMI Industry View

Summary of BMI’s key forecasts and industry analysis, plus a discussion of major industry developments and a snapshot of key short-term demand-driving macroeconomic movements.

Industry SWOT Analysis

Analysis of the major Strengths, Weaknesses, Opportunities and Threats within the retail sector and within the broader political, economic and business environment.

BMI Industry Forecasts

There are four separate 5-year forecast modules in the retail reports. These are:

* Headline Retail Forecast:

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