NASSCOM-Retail Market Report 2012_0

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NASSCOM-Retail Market Report 2012_0

June 27, 2016 378 0 Nirmala Balakrishnan Sales & Marketing

6 Research & Intelligence: An Overview of the Retail Market-Analysing Opportunities The Global Retail Industry is expected to reach USD 15.7 trillion by 2013 The global retail industry has been maintaining a stable CAGR of around 3.1 per cent since the past few years. In the recent times, the retail industry has been observing a remarkable shift in the way global retailers are expanding their operations to emerging growth markets, where retail, as an industry still remains highly unorganised. The biggest drivers for global retailers to build up their presence in growth markets are mainly in the areas of rapidly evolving consumer base with high disposable income, supportive ecosystem and the emergence of new consumption hot zones.

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Nirmala Balakrishnan

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