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

From: Fast Market Research, Inc.
Published: Tue Jun 14 2016


The Czech retail sector rebounded in 2015, following several turbulent year. Consumers are once again willing to spend on essential and non-essential items , owing to healthier market conditions and rising consumer confidence. Unemployment levels are also falling while household incomes should continue to increase. We forecast positive growth throughout our forecast period and expect the wider industry's performance to remain strong. Despite this, the Czech retail landscape is both mature and saturated, limiting opportunities for new entrants.

Key Trends & Developments

After several difficult years, we forecast headline household spending in the retail sector to rebound strongly in 2016 and register 9.4% y-o-y expansion, lifting the total spending figure to USD92bn (up from USD84bn in 2015).

Communications, education and healthcare will be the three fastest-growing categories in terms of the household spending in 2016. Nonetheless, all of them will comprise just 6.4% of the total household spending.

Full Report Details at
- http://www.fastmr.com/prod/1182742_czech_republic_retail_report.aspx?afid=301

Despite rapidly increasing incomes, the essential goods and services will continue to account for the majority of the household spending between 2016 and 2020. We forecast the essentials' share in the total household expenditures to increase from an estimated 56.7% in 2016 to 56.8% in 2020.

Spending on housing and utilities will remain the single largest category for the Czech households, increasing its overall share from 26.9% in 2016 to 27.4% in 2020.

According to a real estate advisory CBRE, the Czech Republic will see more than EUR2bn real estate investment in 2016, mostly in the commercial and retail segments.

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

Coverage

BMI Industry View

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.

For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156 (1.413.485.7001 Int'l)

You may also be interested in these related reports:

- Malaysia Retail Report Q3 2016
- Chile Retail Report Q3 2016
- Hungary Retail Report Q3 2016
- Brazil Retail Report Q3 2016
- Hong Kong Retail Report Q3 2016

Company: Fast Market Research, Inc.
Contact Name: Bill Thompson
Contact Email: press@fastmr.com
Contact Phone: 1-413-485-7001

Visit website »