Ghana Retail Report Q4 2016

Publisher Name :
Date: 14-Sep-2016
No. of pages: 62

BMI View: Modern retail continues to slowly push ahead in Ghana. In addition to several new malls that

have opened in Accra since 2013, two more will open in Kumasi in 2017, expanding the total available real

estate stock - crucial for new brands to either grow or enter the country. Traditional and family-owned

vendors will still capture a large share of total retail sales in 2016 and beyond, due to income constraints

experienced by Ghanaian households, most of which will still prefer local, more affordable shopping

options.

Key Views And Developments

? The e-commerce market is gaining traction in Ghana thanks to infrastructural improvements and new

agreements. Nigeria's Zenith Bank has launched a new service targeting online stores, which will allow

online retailers and customers to safely process payments. Meanwhile, MallforAfrica.com is partnering

with eBay to facilitate shopping and payments for Ghanaian consumers.

? Pick n Pay, a South African groceries retailer that initially planned to open stores in Ghana this year, is

now reported to be planning to enter the market in 2017.

Ghana Retail Report Q4 2016

Table of Contents

BMI Industry View 7
SWOT 9
Industry Forecast 11
Headline Retail Forecast 11
Table: Total Household Spending (Ghana 2013-2020) 12
Table: Retail Sector Spending, % Of Total (Ghana 2013-2020) 13
Table: Retail Sector Spending, % of GDP (Ghana 2013-2020) 15
Table: Headline Retail Sector Spending (Ghana 2013-2020) 17
Retail Sector Forecast 19
Food, Drink & Tobacco 20
Table: Food, Drink & Tobacco Spending (Ghana 2013-2020) 21
Clothing And Footwear 21
Table: Clothing & Footwear Spending (Ghana 2013-2020) 22
Household Goods 22
Table: Household Goods Spending (Ghana 2013-2020) 22
Personal Care & Effects 23
Table: Personal Care Spending (Ghana 2013-2020) 24
Household Numbers and Income Forecast 25
Table: Household Income Data (Ghana 2013-2020) 26
Demographic Forecast 29
Table: Total Population (Ghana 2013-2020) 31
Table: Population: Babies (Ghana 2013-2020) 32
Table: Population: Young Children (Ghana 2013-2020) 32
Table: Population: Children (Ghana 2013-2020) 32
Table: Population: Young Teens and Older Children (Ghana 2013-2020) 33
Table: Population: Young People (Ghana 2013-2020) 33
Table: Population: Older Teenagers (Ghana 2013-2020) 33
Table: Population: 21yrs + (Ghana 2013-2020) 34
Table: Population: Young Adults (Ghana 2013-2020) 34
Table: Population: Middle Aged (Ghana 2013-2020) 34
Table: Population: Urban (Ghana 2013-2020) 35
Industry Risk/Reward Index 36
Sub-Saharan Africa Risk/Reward Index 36
Table: Sub-Saharan Africa Retail Risk/Reward Index, Q416 36
Ghana Industry Risk/Reward Index 37
Rewards 37
Risks 38
Market Overview 39
Competitive Landscape 45
Clothing & Footwear 45
Table: Selected Clothing & Footwear Retailers 45
Household Goods/Homeware/Home Improvement 46
Table: Selected Household Goods/Homeware/Home Improvement Retailers 46
Electronics 46
Table: Selected Electronics Retailers 46
Department Stores 47
Table: Selected Department Stores 47
E-Commerce 47
Table: Selected E-commerce/Online Marketplaces 47
Drug Store/Pharmacies 48
Table: Selected Drug Store/Pharmacies 48
Glossary 49
Methodology 56
Industry Forecast Methodology 56
Sources 59
Risk/Reward Index Methodology 59
Table: Retail Risk/Reward Index Indicators 60
Table: Weighting Of Indicators 62

List of Tables

Table: Total Household Spending (Ghana 2013-2020)
Table: Retail Sector Spending, % Of Total (Ghana 2013-2020)
Table: Retail Sector Spending, % of GDP (Ghana 2013-2020)
Table: Headline Retail Sector Spending (Ghana 2013-2020)
Table: Food, Drink & Tobacco Spending (Ghana 2013-2020)
Table: Clothing & Footwear Spending (Ghana 2013-2020)
Table: Household Goods Spending (Ghana 2013-2020)
Table: Personal Care Spending (Ghana 2013-2020)
Table: Household Income Data (Ghana 2013-2020)
Table: Total Population (Ghana 2013-2020)
Table: Population: Babies (Ghana 2013-2020)
Table: Population: Young Children (Ghana 2013-2020)
Table: Population: Children (Ghana 2013-2020)
Table: Population: Young Teens and Older Children (Ghana 2013-2020)
Table: Population: Young People (Ghana 2013-2020)
Table: Population: Older Teenagers (Ghana 2013-2020)
Table: Population: 21yrs + (Ghana 2013-2020)
Table: Population: Young Adults (Ghana 2013-2020)
Table: Population: Middle Aged (Ghana 2013-2020)
Table: Population: Urban (Ghana 2013-2020)
Table: Sub-Saharan Africa Retail Risk/Reward Index, Q416
Table: Selected Clothing & Footwear Retailers
Table: Selected Household Goods/Homeware/Home Improvement Retailers
Table: Selected Electronics Retailers
Table: Selected Department Stores
Table: Selected E-commerce/Online Marketplaces
Table: Selected Drug Store/Pharmacies
Table: Retail Risk/Reward Index Indicators
Table: Weighting Of Indicators
  • Healthy Diet Demand In Developed Economies To Boost Nutraceuticals
    As customers scuffle to keep up with the frantic lifestyles, the necessity for healthy nutrition rises owing to dearth of time to spend on laborious exercises.  Customers are shifting their attention to swift and healthy food behaviours. Increase in intake of beverages and functional food has offered makers of nutraceuticals with money-spinning prospects to benefit [...]
  • World Economic Forum Unveils Top 10 Emerging Technologies of 2016
    The World Economic Forum (WEF) and Scientific American lately unveiled the major technological innovation list of the top ten emerging technologies of 2016. This list emphasizes on the technological developments which have the supremacy to transform industries, protect the planet, and improve lives. It also presents an opening to discuss any societal, human, economic or [...]
  • Siemens Adds To the Growth of Wind Power Generation Market
    Siemens has been presenting ground-breaking strategies and pioneering solutions for energy generation for an intelligent power supply globally. With an expansive portfolio and wide-ranging proficiency in wind power generation, Siemens is likely to aid in increasing the share of wind power in the US energy mix. With New Mexico’s vicinity to significant wind energy areas, [...]
  • Global Public Safety LTE Ecosystem Overview
    In view of its flourishing ecosystem, spectrum flexibility and performance metrics, LTE has emerged as the leading candidate for public safety mobile broadband networks. Public safety organizations and establishments have already begun planning to advance their networks to LTE-based public safety solutions. LTE provisions a varied range of services, from high bandwidth data services to [...]
  • RnR Market Research: Biochips Market Insights
    Growing R&D investment and subcontracting of pharmaceutical companies would lead to growth in biochips market in Asia along with an increase in the application of biochips products is estimated to improve opportunity for the global biochip market. Conversely, the high cost involved in manufacturing of biochips can be seen as a challenge for the same. [...]
  • Angola Retail Report Q4 2016
    Published: 21-Sep-2016        Price: US 1295 Onwards        Pages: 55
    BMI View: Angola's retail market offers enormous growth potential. Economic diversification in the country is supporting improvements to household income rates; and the middle class population is growing, which will stimulate demand for a range of non-essential products. That being said, the retail market faces the significant short-term challenge of a more subdued economic outlook, caused by falling oil prices (Angola's key export) and the high rate of inflation. Widespr......
  • Chile Retail Report Q4 2016
    Published: 21-Sep-2016        Price: US 1295 Onwards        Pages: 63
    BMI View: Chile is home to a developed retail market that has benefited from a stable economic and political environment. International retailers are attracted by business-friendly policies and this has helped boost competition in a number of key sectors. We are forecasting incomes to continue to rise throughout our forecast period and this will boost consumer spending, particularly on aspirational items. Despite this, some segments are beginning to become saturated and o......
  • Qatar Retail Report Q4 2016
    Published: 21-Sep-2016        Price: US 1295 Onwards        Pages: 66
    BMI View: Four new shopping centres in Q416 and H117 will see increased spending from both wealthy expats and Qataris, as the capital Doha seeks to usurp Dubai's seat of regional dominance in retail infrastructure and supply. Household spending will increase by 8.2% in 2017, up from a forecast 6.8% in 2016. The stabilisation of the international hydrocarbons markets has made the rapid expansion of Qatar's retail sector a much less risky opportunity than in previous quarte......
  • Cooking and Baking
    Published: 15-Sep-2016        Price: US 8600 Onwards        Pages: 86
    Summary The cooking and baking market grew by 2.4% in 2015, outperforming the overall homewares market. Growth however is forecast to slow in 2016 due to weakening consumer confidence and economic instability following the Brexit vote - with shoppers delaying purchases in discretionary categories such as homewares. Key Findings Depth and breadth of product ranges and a widely accessible offer sees Asda retain its leading positio......
  • Airport Retailing Market by Type (Direct Retailer, Department Store, Specialty Retailer, Supermarkets), Airport Size (Large, Medium, Small), Category (Liquor & Tobacco, Perfumes & Cosmetics, Fashion & Accessories) - Global Forecast to 2021
    Published: 14-Sep-2016        Price: US 5650 Onwards        Pages: 140
    The global airport retailing market is estimated to grow from USD 31.79 billion in 2016 to USD 47.81 billion by 2021, at a CAGR of 8.5% from 2016 to 2021. The growth of the tourism sector, increasing incomes of the middle class population, easy availability of brands, and most importantly affordable prices of products are some of the factors driving this market. “The direct retailer segment, by type estimated to account for the largest market share in 2016”......
  • Philippines Retail Report Q4 2016
    Published: 14-Sep-2016        Price: US 1295 Onwards        Pages: 63
    BMI View: Growth in the Philippines' retail market will be supported by rising wages and disposable incomes, with a young urban population keen to make aspirational purchases. We expect significant opportunities for expansion and new market entrants in urban areas, as lifestyles become more aspirational. However, opportunities diverge markedly between urban and rural areas. The overall low urbanisation rate, the country's geography and the relatively low incomes of rural ......
  • Turkey Retail Report Q4 2016
    Published: 14-Sep-2016        Price: US 1295 Onwards        Pages: 63
    BMI View: Turkey's retail industry benefits from a large urban population that is enjoying steadily rising incomes. Over our five-year forecast period to 2020 we expect economic growth to be fairly slow but steady, averaging 3.3% a year. This growth will support a rise in net household incomes from USD12,375 in 2016 to USD15,049 by 2020. However, in the medium term the retail sector will be held back by political and security concerns that will dampen both investor and co......
  • Retailing in France- Market Summary and Forecasts; Comprehensive overview of the market, consumer, and competitive context, with retail sales value and forecasts to 2020
    Published: 14-Sep-2016        Price: US 4950 Onwards        Pages: 136
    Summary Total retail sales in France witnessed positive growth over the historic period, which is further expected to continue to 2020. However, rising concerns around unemployment and the country's financial crisis had a major influence on consumer confidence, which reduced consumer spending levels. Demand for products reduced to some extent as consumers limited their spending to daily essentials. In spite of the slow growth of total retail sales, the online retail c......
  • Israel Retail Report Q4 2016
    Published: 07-Sep-2016        Price: US 1295 Onwards        Pages: 66
    BMI View: We maintain our positive outlook for Israel's retail sector and forecast total household spending to grow by 4.6% in 2016. Elevated domestic and regional security threats, while continuing to suppress tourism receipts, look unlikely to have any significant negative impact on our forecast strong growth in consumer spending. While the balance of household spending between essentials and non-essentials will have changed very little in 2016, strong growth in spendin......
  • SERVICES
    Value for Money
    We believe in "optimum utilization of available budget and resources". While servicing our clients' (your) market research requirements, we keep the same approach in focus to help you get the best value for your $$s.
    Ever Growing Inventory
    Ranging from the smallest feasible / required data (datasheets, data facts, SWOT analysis, company profiles, etc) to full research reports that help you make decisions, our inventory is updated almost on a daily basis with the latest industry reports from domain experts that track more than 5000 niche sectors.
    One Stop Solution
    Need a custom research report on medical devices market? Require all available business intelligence on 3D printing industry? Exploring F&B sector of a particular country/region? RnRMarketResearch.com is your one-stop-solution to all market intelligence needs. We not only offer custom research and consulting services, we also "bundle" reports to meet your needs and help you fetch the data analysis you require for your business.
    Dedicated Client Engagement
    Not limited to only "finding" relevant reports for you, our client engagement team dedicates its efforts to understand your "business need" and accordingly maps available research data to help you move forward. Call "your" client engagement executive any time of your day and get your questions answered in order to make the correct business decision.
    Saving Time and Efforts
    Simply share your research requirement details with us and let us do all the hard work to find required intelligence for you. When you add up our "one stop solution" and "dedicated client engagement" services mentioned above, you obviously know the time and effort saving you do by working with us.
    Payment Flexibility
    Working with Fortune 500 organizations, we understand the importance of being flexible for payments. Share your payment terms with us and we will surely match up to them to ensure you get access to required business intelligence data without having to wait for the payment to be done.
    Post-Purchase Research Support
    Have questions after reading a report / datasheet bought through us? Not sure about the methodology used for data available in the research? Talk to us / Share your questions with us and if required, we will connect you with the analyst(s)/author(s) of the report(s) and ensure you get satisfactory answers for the same. Need more data / analysis / report(s) on the topic of your research/project? The RnRMarketResearch.com team is here for you 24X7 to support you with your post-purchase requirements. Subscription Offers & Packages (Get in touch with us for more details - sales@rnrmarketresearch.com / +1 888 391 5441 )
    • Ad Hoc
    • Pay - as - you - go / Bucket Subscriptions
    • Fixed Cost for #of reports
    • Customize / Personalize as per your needs