Industry Analysis & Industry Trends
Over the five years through 2015, revenue for the Department Stores and Shopping Mall industry in China has been growing 10.0% per year to an estimated $207.9 billion. With the implementation of the new income tax law in September 2011, per capita disposable income and consumption power has been growing. In 2015, revenue is expected to grow by 4.4%.
Establishment numbers (i.e. retail store locations) are estimated at 5,428 in 2015, up 2.9% for the year. However, the number of enterprises is set to fall 5.0% to 571, due to increased merger activity and unprofitable companies exiting the industry. Industry profitability is estimated at 5.0% of revenue. Before rebounding in 2010, profit was low, between 2.0% and 3.0% of revenue.... purchase to read more
Industry Report - Industry Analysis Chapter
ACMR-IBISWorld estimates that in the five years to 2015, industry revenue has been increasing at an annualized rate of 10.0%, from $128.9 billion in 2010 to $207.9 billion in 2015.
Due to the government's economic stimulus package, China's economy recovered in 2010 with GDP growth of 10.4%. During the year, China's consumer price index (CPI) levels also rose, benefiting retail-related sectors to some extent. Driven by these positive factors, industry revenue increased 18.4% in 2010.
China's macroeconomy developed steadily with GDP growth of 9.6% in the first half of 2011. The CPI was also high for the first half of the year. During the first eight months of 2011, the total retail value of social consumption goods increased 16.9%. Total industry revenue grew 17.2%... purchase to read more