Follow on Google News News By Tag Industry News News By Place Country(s) Industry News
Follow on Google News | Recently released market study: Brazil Consumer Electronics Report Q3 2011New Consumer Goods market report from Business Monitor International: "Brazil Consumer Electronics Report Q3 2011"
The positive results from 2010 are expected to continue in 2011 despite recently introduced credit-cooling measures. Demand for consumer electronics is expected to increase at a compound annual growth rate (CAGR) of 8.6% to US$37.5bn by 2015, driven by growing popularity of digital lifestyle products such as LCD and LED TV sets and smartphones. Government PC procurement and subsidised handset programmes will also help to support growth. ------------------------------------------------------------ Full Report Details at - http://www.fastmr.com/ ------------------------------------------------------------ Computer Computer hardware accounted for about 39% of Brazilian consumer electronics spending in 2010. BMI forecasts Brazil's computer hardware sales (including notebooks and accessories) AV Devices AV devices accounted for about 34% of Brazil's consumer electronics spending in 2010. Brazil's domestic AV device market is projected at about US$10.0bn in 2011. Digital TV set sales will be the main driver of a projected 2011-2015 CAGR of 6.9%, with other growth drivers including digital cameras and portable media devices. In 2010, sales of flat-screen TV sets received a strong boost from the FIFA World Cup in South Africa, which left some vendors struggling to keep up. Mobile Handsets Mobile handset sales accounted for about 27% of Brazilian consumer electronics spending in 2010. Brazil's market handset sales are expected to grow at a CAGR of 6.5% to US$9.9bn in 2015, with mobile subscriber penetration reaching more than 140% by 2015. Penetration is still considerably lower than in many other emerging markets, though more rural markets will see mobile services arrive over the next five years. Affordable smartphones are a key focus for operators and are expected to account for up to 20% of handset sales in 2011. 208349 191275 Per capita food consumption in Central America is expected to continue its steady expansion in the coming years, albeit from a low base. Any upticks in export activities should also have a positive impact on the region's economies, translating into an improved consumer purchasing power, although much will depend on the economic performance of the US, Central America's key trading partner. In the meantime, large income inequalities will remain one of the main hindrances to such development. Nevertheless, urban locations offer opportunities for value-added sales of products such as convenience foods, given their busy lifestyles. Headline Industry Data (Regional Averages) * 2011 per capita food consumption (local currencies) = +5.3%; forecast to 2015 = +38.0% * 2011 alcoholic drink sales (litres) = +6.0%; forecast to 2015 = +33.5% * 2011 soft drink sales (litres) = +5.5% ; forecast to 2015 = +32.0% * 2011 mass grocery retail sales (local currencies) = +6.6%; forecast to 2015 = +46.6% Key Company Trends Costa Rican Coffee Production Recovers from Heavy Rains - Coffee harvest in Costa Rica is likely to increase by about 5.4% year-on-year (y-o-y) in the 2010/2011 season, according to the director of the country's national coffee institute (Icafe), Ronald Peters. Damages from the heavy rains experienced in 2010 appear to have had a less serious impact on the crop than anticipated. Despite such issues, we expect the coffee crop to grow in the coming seasons, driven by plantation renovations. Walmex Continues to Expand in Central America - The retailer plans to spend US$378mn on the creation of 80 stores across Central America in 2011. The expansion, which will increase the firm's retailing footprint in Central America by 11.9%, underlines the significant opportunity for growth in this promising region, where we expect mass grocery retail sales to advance rapidly over the next five years. This highlights the growing opportunities in a region where political and economic volatility had previously been a barrier to growth. However, Walmex's dominance within the region is likely to stifle competition across the mass grocery retail (MGR) industry. Key Risks to Outlook Election Uncertaintly - This potential for unrest across Central America has been heightened by the approaching elections in a number of regional markets, not just in the immediate region but also across Latin America. In most cases, electoral uncertainty, both in terms of election result and subsequent policy trajectory, has impacted the 'willingness- Business Monitor International (BMI) offers a comprehensive range of products and services designed to help senior executives, analysts and researchers assess and better manage operating risks, and exploit business opportunities, across 175 markets. BMI offers three main areas of expertise: Country Risk BMI's country risk and macroeconomic forecast portfolio includes weekly financial market reports, monthly regional Monitors, and in-depth quarterly Business Forecast Reports. Industry Analysis BMI covers a total of 17 industry verticals through a portfolio of services, including in-depth quarterly Country Forecast Reports. View more research from Business Monitor International at http://www.fastmr.com/ About Fast Market Research Fast Market Research is an online aggregator and distributor of market research and business information. We represent the world's top research publishers and analysts and provide quick and easy access to the best competitive intelligence available. For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156. # # # Fast Market Research is an online aggregator and distributor of market research and business information. We represent the world's top research publishers and analysts and provide quick and easy access to the best competitive intelligence available. End
|
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Account Phone Number