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Bulgaria Retail Report Q2 2016

  • April 2016
  • -
  • Business Monitor International
  • -
  • 58 pages

Includes 3 FREE quarterly updates

BMI View: Growth in Bulgaria's retail market will strengthen over the coming year, in line with thegradually brightening economic situation in the country Consumers will benefit from low energy prices,subdued inflation as well as falling unemployment That said, the recovery will remain slow and gradual,while a number of structural factors, such as negative demographic trends or widespread poverty, willcontinue to constrain full market potential

Key Views & Developments

- Strengthening economic outlook bodes well for the country's retail industry Our Country Risk team hasrecently upgraded the country's 2016 GDP growth forecast to 28% (up from a previous forecast of17%) Over the short term, consumers will benefit from subdued inflation, low energy prices and fallingunemployment

- Retail sales in Bulgaria increased by 13% year-on-year (y-o-y) This marked a slight slowdown from the27% y-o-y growth recorded in December 2015

Table Of Contents

Bulgaria Retail Report Q2 2016
BMI Industry View 7
SWOT 9
Industry Forecast 11
Headline Retail Forecast 11
Table: Total Household Spending (Bulgaria 2013-2020) 14
Table: Retail Sector Spending, % Of Total (Bulgaria 2013-2020) 14
Table: Retail Sector Spending, % of GDP (Bulgaria 2013-2020) 15
Table: Headline Retail Sector Spending (Bulgaria 2013-2020) 16
Retail Sector Forecast 18
Food, Drink and Tobacco 19
Table: Food, Drink and Tobacco Spending (Bulgaria 2013-2020) 19
Clothing and Footwear 20
Table: Clothing and Footwear Spending (Bulgaria 2013-2020) 21
Household Goods 21
Table: Household Goods Spending (Bulgaria 2013-2020) 22
Household Numbers And Income Forecast 23
Table: Household Income Data (Bulgaria 2013-2020) 23
Table: Labour Market Data (Bulgaria 2013-2020) 25
Demographic Forecast 27
Table: Total Population (Bulgaria 2013-2020) 29
Table: Population: Babies (Bulgaria 2013-2020) 29
Table: Population: Young Children (Bulgaria 2013-2020) 29
Table: Population: Children (Bulgaria 2013-2020) 30
Table: Population: Young Teens and Older Children (Bulgaria 2013-2020) 30
Table: Population: Young People (Bulgaria 2013-2020) 30
Table: Population: Older Teenagers (Bulgaria 2013-2020) 31
Table: Population: 21yrs + (Bulgaria 2013-2020) 31
Table: Population: Young Adults (Bulgaria 2013-2020) 31
Table: Population: Middle Aged (Bulgaria 2013-2020) 32
Table: Population: Urban (Bulgaria 2013-2020) 32
Industry Risk/Reward Index 33
Central And Eastern Europe Risk/Reward Index 33
Table: Central And Eastern Europe Retail Risk/Reward Index, Q216 33
Bulgaria Risk/Reward Index 34
Rewards 34
Risks 35
Market Overview 37
Competitive Landscape 41
Clothing and Footwear 41
Table: Selected Clothing and Footwear Retailers 41
Household Goods 42
Table: Selected Household Goods Retailers 42
Electronics 43
Table: Selected Electronics Retailers 43
Department Stores 43
Table: Selected Department Stores Retailers 43
E-Commerce 44
Table: Selected E-Commerce Retailers 44
Pharmacies 44
Table: Selected Pharmacies Retailers 44
Glossary 45
Methodology 52
Industry Forecast Methodology 52
Sources 55
Risk/Reward Index Methodology 55
Table: Retail Risk/Reward Index Indicators 56
Table: Weighting Of Indicators 58

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