Pakistan Consumer Electronics Q1 2019
The medium-term outlook for the Pakistani consumer electronics devices market is bright with steady organic growthprospects on the horizon. Our bullish is supported by a number of drivers including rising incomes, low penetration rates and asteadily growing demand function. However, we caution that economic vulnerabilities could be exposed by deterioration in externalconditions and financing. Meanwhile, for vendors operating in the country operational challenges will persist. These challengesinclude underdeveloped logistics/retail, security risks and a high tax burden on some devices.
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