The global pet care market is foretold to improve in the forthcoming years as matched to the preceding years and will showcase better sales in various market segments. It is estimated that the global pet care market will grow at a CAGR o…
BMI View: This quarter, we have become yet more negative on the outlook for the Algerian new vehicle
sales market. We have revised down our 2016 sales forecast to a contraction of 65.0%.
? Tough import restrictions and a slowing economy are both posing challenges for the Algerian new
vehicle sales market in 2016.
? Although the aim of the import restrictions is to encourage greater local vehicle production, the danger is
that foreign carmakers may look to invest more in nearby markets with less rigorous quotas and more
potential for growth (such as Morocco).
Local producer Renault sold 29,132 units in country over H116, for a dominant market share of 41.7%.