Retailing in Brazil– Market Summary & Forecasts: Comprehensive overview of the market, consumer, and competitive context, with retail sales value and forecasts to 2018

Date: 2015-08

“• The Brazilian retail sector withstands the economic downturn, and is forecast to grow at a CAGR of 9.1% over the next five years to reach BRL1,976 billion by 2018
• The Growing number of millionaires and emerging middle class will continue to make Brazil a major retail location
• International tourists boost retail sales in Brazil, duty free retailers are to benefit
• Extension of tax breaks for electronic products and growing middle class are positives for the electrical and electronics market
• Domestic retailers continue to dominate the food and grocery market, the convenience format is gaining preference”

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