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: We maintain our view that a liquidity crisis, rising inflation and high unemployment levels will
provide headwinds to growth in the Egyptian auto's industry in 2016, leading to a contraction of 23.6% in
- Worsening currency conditions will see market sales decline again in 2016.
- A lack of improvement in private consumption fundamentals will lead to reduced demand for new
passenger vehicles while.
- Government commitment to infrastructure development will see the commercial vehicles relatively
outperform the overall autos market.
- Foreign currency shortages will continue to hamper local manufacturing.