Peru Retail Report Q3 2016: New research report available at Fast Market Research

From: Fast Market Research, Inc.
Published: Tue May 10 2016

The Peruvian economy, which largely depends on natural resources, is bound to have another weak year in 2016. As the country prepares for the runoff of the presidential election, no structural economic changes are set to take place as the long-term political prospects remain unclear. The retail sector will continue to develop , however, as modern shopping centre retail space expands rapidly.

Key Views & Developments

Keiko Fujimori - the daughter of ex-president Alberto Fujimori, who is currently in jail for widespread corruption crimes - won the first round of the presidential elections in April and is headed for a runoff against Pedro Pablo Kuczynski in June. Tackling crime and promoting a free market economy are the key topics in Fujimori's agenda.

Peru's pharmacy market is consolidating rapidly as a result of Quicorp acquiring 47 pharmacies from Cencosud in February and taking over the Arcangel network of 350 stores from Albis in March. This brings the number of pharmacies owned by the group to 1,000, making it the largest network nationally.

Full Report Details at

The Lima Chamber of Commerce estimates that 16 new shopping centres (including ten in 2016) will have opened by the end of 2018, with more than half of them based outside the capital. Almost USD700mn is expected to be invested in the new retail area.

We project that after a 2.7% dollar value contraction in 2016, total household spending will average a strong average annual growth rate of 11.6% in 2017-2020, creating new value for the retail sector.

The Peru 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 Peru 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 Peru to test other views - a key input for successful budgeting and strategic business planning in the Peruvian retail market.
Target business opportunities and risks in Peru through our reviews of latest industry trends, regulatory changes and major deals, projects and investments.


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

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Contact Name: Bill Thompson
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