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South Africa Retail Report Q1 2014

South Africa retail market is forecast to expand at a steady rate during the next few years


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2014-01-09 08:31:03 - South Africa Retail Report Q1 2014 - a new market research report on companiesandmarkets.com

South Africa´s retail sector is expected to grow steadily over the next few years as its increasingly sophisticated urban population and expanding black middle class continues to spend on nonessential items such as clothing and furnishings. This will result in a strong rise in household spending across all retail subsectors. We are particularly bullish about the future growth prospects for restaurants & hotel spending, as well as education and personal care. However, we expect housing & utilities expenditure to remain by far the highest throughout our forecast period.

The new South African retail report provides an extensive and comprehensive forecast of various retail indicators including household spending, and headline total spending across each retail subsector, household income and employment forecasts, demographic

 

 

forecasts, and a detailed breakdown of household and per capita spending across a large number of retail areas including food & drink, healthcare and insurance, consumer electronics, toys, pets, gardens, household goods, and a number of other subsectors.

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Mike King
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