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Retailing in Chile– Market Summary & Forecasts; Comprehensive overview of the market, consumer, and competitive context, with retail sales value and forecasts to 2020

The Future of Retailing in Turkey to 2020; Comprehensive data overview of the market, with retail sales value and forecasts to 2020

Summary

The Chilean economy is dependent on copper and exports, and the fall of commodity prices have affected the economy in the last two years indicating a need to change their GDP sector portfolio. However, the country is performing better than other Latin American countries. High income levels and sound policies from the government have shielded the country. But Chileans are negotiating their retail purchases as they are shifting towards small stores. On the other hand, high internet penetration and very high smartphone penetration is expected to fuel the online retail channel. Overall, we expect an optimistic retail environment in the next five years.

Key Findings

  • Online retail is gaining traction in the country, due to high smartphone penetration and fast internet speeds
  • Wearable electronics and smartphones are the fast selling products in electronics
  • Rise of smaller stores is the new trend in the capital region
  • Food and grocery is the largest category group by retail sales while clothing and footwear will be the fastest-growing category group
Synopsis

“Retailing in Chile– Market Summary & Forecasts, 2015–2020” provides data for historic and forecast retail sales, and also includes information on the business environment and country risk related to Chile’s retail environment. In addition, it analyzes the key consumer trends influencing Chile’s retail industry:

What else does this report offer?
  • In-depth analysis of the latest trends in consumer shopping, covering the factors driving shopping, consumer insights, market dynamics (covering 26 product categories), and reviews of the latest best practice in online retail site design
  • Market insights based on consumer trends, changing economic and demographic factors, technology innovations, and other macroeconomic factors
  • Retail sales and the fastest-growing product categories, which include Clothing, Footwear, Books, News and Stationery, Electrical and Electronics, Food and Grocery, Health and Beauty, Furniture and Floor Coverings, Home and Garden Products, Music, Video and Entertainment Software, Sports and Leisure Equipment, Jewelry, Watches and Accessories, and Luggage and Leather Goods
  • Qualitative and quantitative insights of changing retail dynamics across various channels
Reasons To Buy
  • Gain comprehensive knowledge on 26 products across 12 product sectors in Chile’s retail market and develop a competitive advantage around consumer behavior trends from the start of your supply chain
  • Explore novel opportunities that will allow you to align your product offerings and strategies to meet demand by analyzing the vital economic and population trends, and key consumer and technology trends influencing the retail market
  • Investigate current and forecast behavior trends in each category to identify the best opportunities to exploit
  • Analyze the recommended actions to align your marketing strategies with the crucial trends influencing consumer behavior
  • Understand the fastest-growing categories in the market with insights on the performance of individual product categories, across key channels from 2010, with forecasts until 2020
  • Analysis of key international and domestic players operating in Chile’s retail market — including store counts and revenues that give you a competitive edge and identify opportunities to improve your market share


  • Introduction
    • What is this Report About?
  • Executive Summary & Outlook
  • Market Context
    • A relatively stable economy in the Latin American region
      • Dependency on exports and copper will have a transient effect on the economy
      • Consistent decline in savings rate is good sign for retail spending
      • Service remains the dominant sector for employment
      • Improving labor market set to drive retail spending
      • Stable inflation levels are healthy for the retail market
      • Household consumption expenditure is a result of improvement in Chileans spending
    • Balanced demography and optimistic economy will favor the retail market
  • Chile Shoppers
    • Convenience is the new trend in the Chilean retail market
    • Chile's retail market is strong but problems prevail
    • Tourism and opportunities in Chile's retail sector
    • Best-selling electronics in Chile
  • Doing Business in Chile
    • Summary
      • Bureaucracy
      • Business culture
      • Geography
      • Infrastructure and logistics
    • Key taxation policies
    • Tax reforms by the new government
  • Internet and Technology
    • Internet infrastructure in Chile is the best in South America
    • Fixed broadband penetration remains low
    • Mobile commerce has increased due to high smartphone penetration
    • Technology Trend
      • MasterCard's Qkr! - A Smart payment application
  • Retail Topline
    • Total Retail
      • Online sales & growth
    • Summary of Product Sectors
      • Share of key product sectors
      • Key product sectors
    • Summary of Channels
      • Spend per channel
      • Online penetration of key product sectors
  • Retail - Product Sectors
    • Product Sector Analysis
      • Clothing
        • Table Chile Clothing Retail Sales (CLP bn), by Product Sub-Category, 2010-2015
        • Table Chile Clothing Retail Sales (CLP bn), by Product Sub-Category, 2015-2020
      • Footwear
        • Table Chile Footwear Retail Sales (CLP bn), by Product Sub-Category, 2010-2015
        • Table Chile Footwear Retail Sales (CLP bn), by Product Sub-Category, 2015-2020
      • Books, News, and Stationery
      • Electrical and Electronics
      • Food and Grocery
      • Health and Beauty
      • Furniture and Floor Coverings
      • Home and Garden Products
      • Music, Video, and Entertainment Software
      • Sports and Leisure Equipment
      • Jewelry, Watches, and Accessories
      • Luggage and Leather Goods
  • Retailers
    • Table Major Domestic Retailers in Chile
    • Table Major International Retailers in Chile
    • Clothing
      • Table Key Clothing Retailers in Chile
    • Footwear
      • Table Key Footwear Retailers in Chile
    • Books, News and Stationery
      • Table Key Books, News and Stationery Retailers in Chile
    • Electrical and Electronics
      • Table Key Electrical and Electronics Retailers in Chile
    • Food and Grocery
      • Table Key Food and Grocery Retailers in Chile
    • Health and Beauty
      • Table Key Health and Beauty Retailers in Chile
    • Furniture and Floor Coverings
      • Table Key Furniture and Floor Coverings Retailers in Chile
    • Home and Garden Products
      • Table Key Home and Garden Products Retailers ins Chile
    • Music, Video and Entertainment Software
      • Table Key Music, Video and Entertainment Retailers in Chile
    • Sports and Leisure Equipment
      • Table Key Sports & Leisure equipment Retailers in Chile
    • Jewelry, Watches and Accessories
      • Table Key Jewelry, watches and accessories Retailers in Chile
    • Luggage and Leather Goods
      • Table Key Luggage and Leather Goods Retailers in Chile
  • Appendix
    • Definitions
      • This report provides 2015 actual sales; while forecasts are provided for 2016 - 2020
        • Table Chile Exchange Rate CLP-US$ (Annual Average), 2010-2015
        • Table Chile Exchange Rate CLP-US$ (Annual Average), 2016-2020
        • Table Verdict Retail Channel Definitions
        • Table Verdict Retail Category Definitions
    • Summary Methodology
      • Overview
      • The triangulated market sizing method
      • Industry surveys in the creation of retail market data
      • Quality control and standardized processes
    • About Verdict Retail
    • Disclaimer

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