"Poland Retail Report Q4 2014" now available at Fast Market Research

From: Fast Market Research, Inc.
Published: Fri Oct 17 2014

Poland remains the most in demand retail market in the Central and Eastern European (CEE) region. BMI expects the Polish retail market to continue maturing over our forecast period to 2018. Global retailers, especially within the clothing and accessories subsector, are continuing to enter the market.

In the two decades since its transition from socialist state to free market economy, Poland has experienced an average annual GDP growth of 4%. In 2015, BMI forecasts its GDP at USD574bn, up from USD518bn in 2014. Even though the country's growth has slowed in recent quarters, BMI forecasts that Poland's middle class will continue to expand, with an estimated 16.2% of its population reaching the USD10,000-plus income bracket by 2015. Poland's retail outlook exhibits strong growth. The nation is one of the top recipients of foreign direct investment in the region. The United Nations Conference on Trade and Development ranks Poland as the fourth most attractive investment location in Europe and fourteenth most attractive worldwide. According to the World Bank's Doing Business rankings, Poland ranks 45th among the 183 countries studied. Consistent economic growth and a favourable business environment make the nation an ideal location for global retailers and investors.

Full Report Details at
- http://www.fastmr.com/prod/888153_poland_retail_report_q4_2014.aspx?afid=302

High demand for Polish retail space is indicated by low vacancy rates in existing shopping centres. Several international brands have been entering the market with stand-alone stores, including Samsung (electronics) and Bering (luxury accessories) at Akradia Shopping Centre and Louis Vuitton (luxury goods) in vitKac in Warsaw. Retailers in the market are also expanding their presence by introducing new concept stores such as Swedish apparel H&M's new home goods store and LPP Group's new brand Sinsay. To accomodate the entrance and expansion of retailers, 735,000sq m of retail space is currently under development and 402,000sq m is expected to be completed by 2014. Retail...

The Poland Retail Report has been researched at source and features Business Monitor International (BMI)'s independent assessment and forecasts for the retail sector. The report examines key drivers of retail sales growth and future prospects, including consumer spending and private sector investment.

BMI's Poland Retail Report also examines the level of development and potential for growth of the retail sector, the commercial initiatives of major players, changing consumer demographics that influence demand and the regulatory environment. Key sub-sectors include mass grocery retail, autos, over-the-counter pharmaceuticals, computers and consumer electronics.

Key Benefits

* Benchmark BMI's independent retail industry forecasts for Poland to test other views - a key input for successful budgeting and strategic business planning in the Polish retail market.

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