Non-Food to Drive Russian Retail Industry

Noida, India (PressExposure) November 02, 2009 -- The Russian retail industry will witness marginal decline due to after effects of financial crisis and will start recovering from 2010 onwards as per the latest research study “Russian Retail Industry Forecast to 2013” by RNCOS. The study evaluates various aspects of the retail industry in detail and gives a rational overview on the past, current and anticipated future trends in the retail industry of Russia.

As per the research report, Russia’s retail industry has been witnessing phenomenal growth due to favorable economic environment and high consumer confidence. These two fundamental factors have resulted in nearly 25% CAGR for the retail industry revenue during 2004-2008. According to our analysis, Russian retail market has demonstrated solid growth rate in last few years and has become one of the most actively developing segments in the economy. It has not only gained recognition at the domestic front but also at the international level, as it is one of the fastest growing markets in the world.

The study also analyzes the impact of consumer and demographic factors on the performance of Russia’s retail industry. The latest market trends covered in the report helps to identify the new focus of the retail business in the country. Besides this, the report gives a brief description of the key players operating in the market. Moreover, while analyzing industry performance, equal balance has been maintained on the qualitative and the quantitative aspect of the research.

This report provides extensive research and rational analysis on the Russian retail industry. It provides segment level analysis of the retail industry scenario in Russia. Our research findings will definitely help consultants, industry analysts and vendors to get in depth knowledge on the current, past and future performance of the industry.

The forecast given in the report is based on the correlation between past market trends, statistical analysis and industry drivers and gives a direction to clients in which the industry is likely to move. It will also help clients in identifying the opportunities to tap in the Russia retail industry.

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About RNCOS E-Services Pvt. Ltd.

RNCOS, incorporated in the year 2002, is an industry research firm. We are a team of industry experts who analyze data collected from credible sources. We provide industry insights and analysis that helps corporations to take timely and accurate business decision in today's globally competitive environment.

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Press Release Submitted On: November 02, 2009 at 3:01 am
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