London - April 18, 2012 - The French retail sales during the review period (2006 - 2011) grew from EUR358.5 billion in 2006 to EUR387.7 billion in 2011 at a CAGR of 1.58%. Canadean expects retail sales in the country to reach EUR438.3 billion in 2016 growing at a CAGR of 2.48% during the forecast period (2012 - 2016).
General retailers were the largest channel group, contributing 46.0% towards total French retail sales in 2011, or EUR178.2 billion in value terms. During the review period, online retailers were the fastest-growing channel group, with a CAGR of 9.82%. Online retailers are expected to remain the fastest-growing category group during the forecast period, at a CAGR of 8.45%.
In 2011, food and grocery was the largest category group accounting for 53.2% of total French retail sales, which represented a value of EUR206.4 billion. Music, video and entertainment software constituted the fastest-growing category group during the review period, registering a CAGR of 3.81% and is expected to remain the fastest during the forecast period with a CAGR of 3.40%.
This report, "The Future of Retailing in France to 2016" provides both top–level overview and detailed category and channel specific insights into the French retail industry environment. It is an essential tool for companies active across French retail value chain and for new companies considering entry into French retail market.
To purchase the full report, please click here.
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