Iran's Retail Market Surging at 14% Growth

Rising consumer expenditure and spending on non-food items are owed to encourage the Iranian retail industry, with an anticipated CAGR growth of around 14% during 2011-2014, says RNCOS.

NOIDA, India (prHWY.com) April 24, 2012 - According to a recent research report by RNCOS, "Middle East Retail Sector Forecast to 2013", Iran's retail industry has been recording exceptional growth over the past few years. With rising urbanization, the demand for new products is expected to go up, which in turn will boost Iran's retail industry. Iran's growing market is attracting various international retailers, which are now collaborating with domestic players for production under license. Despite global slowdown, Iran registered a double-digit growth in retail sales during 2010 and is anticipated to grow with a CAGR of around 14% during 2011-2014, owing to rising consumer expenditure and spending on non-food items.

The report also provides a statistical snapshot of sales of key consumer products and share of food and non-food items in Iran's total retail sales, which will provide the client with a closer view of Iran's retail industry.

Owing to the government's policy frameworks and active participation of private sector, the Middle-East region has become one of the world's most desirable retail environments in terms of investments and revenue generation. The report, says that the expansion of retail space in the Middle East, and the construction of new malls will provide expansion opportunities to both the national and international retailers in the region. Other related factors including the changing market dynamics, rapid economic development, balancing crude oil prices, rising purchasing power, and strong consumer confidence are also amplifying the region's retail industry.

Further, our report provides an extensive research and in-depth analysis on the country-wise retail sector in the Middle East. It will help clients analyze leading-edge opportunities critical to the success of the retail industry in the Middle-East countries. Detailed data and analysis will also help investors, builders, and global retail players navigate through the Middle East's evolving retail sector.

Besides, the report also analyzes macroeconomic factors critical to the retail sector, along with their impact on the sector. Business description about various key players in each country is pertinent in devising strategic investment policy. Additionally, the report also sheds light on the emerging industry trends, which are expected to decide the future of the region's retail sector.

For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM196.htm

Some of our Related Reports are:

- Vietnam Retail Market Forecast to 2014 (http://www.rncos.com/Report/IM337.htm)
- South African Retail Industry Forecast to 2013 (http://www.rncos.com/Report/IM275.htm)
- UAE Retail Industry Analysis (http://www.rncos.com/Report/IM330.htm)
- Brazil Retail Industry Analysis (http://www.rncos.com/Report/IM319.htm)
- Booming Retail Sector in UAE (http://www.rncos.com/Report/IM108.htm)

Check Related REPORTS on: http://www.rncos.com/Retail%20industry.htm

About RNCOS:

RNCOS specializes in Industry intelligence and creative solutions for contemporary business segments. Our professionals study and analyze the industry and its various components, with comprehensive study of the changing market behavior. Our accuracy and data precision proves beneficial in terms of pricing and time management that assist the consultants in meeting their objectives in a cost-effective and timely manner.

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Tag Words: iran retail market

Categories: Business

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