Food and Grocery Retailing in China – Market Summary & Forecasts

Date: 2015-08

“• Food and grocery is expected to remain the largest in sales value terms during the forecast period, growing at a CAGR of 11.3%

• Despite sluggish economic conditions, retail sector registers a significant growth

• A rising middle class with increased disposable income and altering lifestyles are driving retail demand and retailer’s expansion plans in tier lll and tier lV cities will drive further growth

• Online platform will be a key channel for retailing over the next five years

• Food & grocery is dominated by local players in the country

• Online spend on food and grocery is projected to grow at a CAGR of 44.47% during 2014–2019”


Contact With Us
Join templatemonster at google+
Customized Research
Request Sample