5. Malaysia: Focus on road infrastructure.
Malaysia’s economy expected to grow 6.2 percent this year, and retail industries growth that are constantly evolving over the last two years. However, the country’s economy is expected to potentially experience in the rising of property bubble and household debt levels.
Governments with the population reached 28.9 million is currently trying to develop the retail industries by building a new shopping center on the outskirts of the city through the concept of Big-Box Boulevards (BBB). In these countries, retailers also offered low rents.
With this concept, Malaysia daydream retail industry grouping into 6 of 10 retail businesses are different. For example, the retail industry in the field of apparel, automotive, home appliances, sports, and furniture that will fill a boulevard location.
4. Philippines: Regions sustain urban growth.
Philippine retail industry growth this year expected to reach U.S. $ 39 billion and to U.S. $ 42 billion in 2015. The achievement thanks to the increasing of urban population and consumption expenditure of the population.
Philippine economic growth is also expected to increase with an average growth rate (Compound Annual Growth Ratio / CAGR) 5.3 per cent in the next five years. Meanwhile, per capita income in the same period is also expected to rise 25 percent.
Nowadays, the Philippine retail industries growth is concentrated in metropolitan Manila. In urban areas, the retail industries source of income comes from middle class families and professionals.
The Philippines recorded a 40 per cent of young people who become a key future consumption expenditure.
3. Indonesia: Growth with underlying strong.
On this year, Indonesian retail industries growth is estimated to reached U.S. $ 134 billion and jumped to U.S. $ 223 billion in 2015.
Indonesia should be grateful to the very strong underlying economy form the population that reached 235.5 million. Income per capita of Indonesia’s population continues to rise with the growth of retail industries infrastructure that will support the growing retail food sales.
Other retail sectors that will grow is led by electronics computer products, and it is expected to grow 13 percent in the next five years.
2. China: A more sexy economy.
In GRDI ratings of developing countries around the world, China ranks sixth. China’s economic growth continued to show a surprise with an increase of more than 10.3 percent in 2010 and is expected to slightly slow to 9-10 percent this year.
Size of China’s retail market is currently estimated at U.S. $ 2.1 trillion, or nearly 50 percent of the U.S. retail market. The growth of retail industry itself continues to show positive direction, where there is an increase of about 15 percent between 2009 and 2010.
However, the market experienced a boom sometimes often a threat reversal. The rate of inflation is feared to threaten the increasing private consumption expenditure. In addition, interest rates continue to rise four times during 2010.
Luckily, the Chinese people’s consumption is expected to continue positive following the improving level of income and employment prospects in the future. This is reinforced by the government’s plans five years into the future that will divert dependence of raw materials to domestic consumption. Meanwhile, private consumption is expected to soar to $ 100 billion per year.
1. India: Time to get into the market.
India experienced strong economic growth which amounted to 9 percent. Economic growth per year would reach 8.7 percent by 2016.
It was supported by the level of savings and investment high population, rapid employment growth, as well as major public consumption spending as a factor that supports the retail industries growth.
Consumers in India are currently spending more money to buy non-food materials, and more to buy branded products.
Population reached 1.2 billion people, and it is expected to surpass China, it is an interesting target.
Organized retail in India is recorded at 7 percent of Indian retail market that worth U.S. $ 435 billion. Subsequently in 2020 which expected to increase to 20 percent. So far, nearly 70 percent of Indian retail market is dominated by food products.
Other sectors that are expected to develop in retail industries is home furnishings segment that will grow 20-30 percent this year.
Retail industries in India is still dominated by their large cities despite a glance at the cities with a smaller level.
Although India is considered a sexy market for the retail industries, investment regulations in these countries still restrict entry of foreign investors in this sector. Investors are only allowed to enter by cooperating with local businesses or forming joint ventures, the reason that can make highest retail industries growth
