Retailing in Malaysia- Market Summary and Forecasts; Comprehensive overview of the market, consumer, and competitive context, with retail sales value and forecasts to 2020

Publisher Name :
Date: 30-Sep-2016
No. of pages: 129

Summary
Total retail sales in Malaysia saw positive growth over the historic period, and this is expected to continue to 2020. However, the implementation of GST had a major influence on consumer confidence, and reduced consumer spending levels. The demand for products reduced to some extent as consumers limited their spending to daily essentials. Despite the slow growth of total retail sales, the online retail channel is poised to witness a considerable CAGR of 16.1% over the next five years, on the back of the increasing penetration of internet, mobile, and broadband users.

Key Findings
- Retail expenditure to increase by MYR55 billion by 2020

- Food and grocery accounts for a major share of the country's total retail sales

- Online retailing is forecast to continue its healthy growth in the forecast period

- Tourism industry is set to fuel retail growth

Synopsis
“Retailing in Malaysia- Market Summary and Forecasts, 2015-2020” provides data for historic and forecast retail sales, and also includes information on the business environment and country risk related to the Polish retail environment. In addition, it analyzes the key consumer trends influencing the Polish retail industry:

What else does this report offer?

- In-depth analysis of the latest trends in consumer shopping, covering the factors driving shopping, consumer insights, market dynamics (covering 26 product categories), and reviews of the latest best practice in online retail site design

- Market insights based on consumer trends, changing economic and demographic factors, technology innovations, and other macroeconomic factors

- Retail sales and fastest-growing product categories including Clothing, Footwear, Books, News and Stationery, Electrical and Electronics, Food and Grocery, Health and Beauty, Furniture and Floor Coverings, Home and Garden Products, Music, Video and Entertainment Software, Sports and Leisure Equipment, Jewelry, Watches and Accessories, and Luggage and Leather Goods

- Qualitative and quantitative insights of changing retail dynamics across various channels

Reasons To Buy
- Gain comprehensive knowledge on 26 products across 12 product sectors in the Polish retail market and develop a competitive advantage around consumer behavior trends from the start of your supply chain

- Explore novel opportunities that will allow you to align your product offerings and strategies to meet demand by analyzing the vital economic and population trends, key consumer, and technology trends influencing the retail market

- Investigate current and forecast behavior trends in each category to identify the best opportunities to exploit

- Analyze the recommended actions to align your marketing strategies with the crucial trends influencing consumer behavior

- Understand the fastest-growing categories in the market with insights on performance of individual product categories, across key channels from 2010, with forecasts until 2020

- Analysis of key international and domestic players operating in the Polish retail market - including store counts and revenues that give you a competitive edge - and identify opportunities to improve your market share

Companies Mentioned

Chevignon
Anakku
Padini
Aeon
Cotton On
Metrojaya
Parkson
Uniqlo
HandM
Mango
Zara
Isetan
Poplook
Melium
Bata
Bonia
Zalora
Shoehoze
MyNEWS.com
Popular
MPH Bookstores
Times Bookstores
Kinokuniya
Borders
Senheng
RadioShack
SenQ
7-Eleven
MyNEWS.com
Giant
Tesco
e-Mart
Checkers
Guardian
Watson's
Sephora
Hermo
Hauslife
Ikea
Papahardware
Kinokuniya
Adidas
Decathlon Kuckreja Samsonite
Tomei
Habib

Retailing in Malaysia- Market Summary and Forecasts; Comprehensive overview of the market, consumer, and competitive context, with retail sales value and forecasts to 2020

Table of Contents

1 Introduction
1.1 What is this Report About?
2 Executive Summary and Outlook
3 Market Context
3.1 An economy on the growth path offers new opportunities to retailers
3.1.1 Retail sales grew akin to the economy
3.1.2 Savings continue to be priority among Malaysian consumers
3.1.3 Service remains the dominant sector for employment
3.1.4 Overall unemployment is stable but unemployment among the youth is a concern
3.1.5 GST has a major impact on inflation
3.1.6 Household consumption expenditure is a result of improvement in consumer spending
3.2 Ageing population may be a concern in the near future
4 Malaysian Shoppers
4.1 Booming tourism industry to spur retail growth
4.2 Online shopping frenzy catches up in Malaysia
4.3 Social media influence on the buying behavior of Malaysians
4.4 Increasing consumer preference for shopping centers
5 Doing Business in Malaysia
5.1 Summary
5.1.1 Bureaucracy
5.1.2 Business culture
5.1.3 Geography
5.1.4 Infrastructure and Logistics
5.1.5 Key business reforms in the recent past
6 Internet and Technology
6.1 One of the highest internet penetrations in the South East Asia
6.2 Fixed broadband penetration being cannibalized by the high demand in mobile broadband services
6.3 High smartphone penetration is set to boost m-commerce
7 Retail Topline
7.1 Total Retail
7.1.1 Online sales and growth
7.2 Summary of Product Sectors
7.2.1 Share of key product sectors
7.2.2 Key product sectors
7.3 Summary of Channels
7.3.1 Spend per channel
7.3.2 Online penetration of key product sectors
8 Retail - Product Sectors
8.1 Product Sector Analysis
8.1.1 Clothing
8.1.2 Footwear
8.1.3 Books, News, and Stationery
8.1.4 Electrical and Electronics
8.1.5 Food and Grocery
8.1.6 Health and Beauty
8.1.7 Furniture and Floor Coverings
8.1.8 Home and Garden Products
8.1.9 Music, Video, and Entertainment Software
8.1.10 Sports and Leisure Equipment
8.1.11 Jewelry, Watches, and Accessories
8.1.12 Luggage and Leather Goods
9 Retailers
9.1 Clothing
9.2 Footwear
9.3 Books, News and Stationery
9.4 Electrical and Electronics
9.5 Food and Grocery
9.6 Health and Beauty
9.7 Furniture and Floor Coverings
9.8 Home and Garden Products
9.9 Music, Video and Entertainment Software
9.1 Sports and Leisure Equipment
9.11 Jewelry, Watches and Accessories
9.12 Luggage and Leather Goods
10 Appendix
10.1 Definitions
10.1.1 This report provides 2015 actual sales; while forecasts are provided for 2016 - 2020
10.2 Summary Methodology
10.2.1 Overview
10.2.2 The triangulated market sizing method
10.2.3 Industry surveys in the creation of retail market data
10.2.4 Quality control and standardized processes
10.3 About Verdict Retail
10.4 Disclaimer

List of Tables

Table 1: Malaysia Clothing Retail Sales (MYR bn), by Product Sub-Category, 2010-2015 47
Table 2: Malaysia Clothing Retail Sales (MYR bn), by Product Sub-Category, 2015-2020 47
Table 3: Malaysia Footwear Retail Sales (MYR bn), by Product Sub-Category, 2010-2015 53
Table 4: Malaysia Footwear Retail Sales (MYR bn), by Product Sub-Category, 2015-2020 53
Table 5: Major Domestic Retailers in Malaysia 97
Table 6: Major International Retailers in Malaysia 98
Table 7: Key Clothing Retailers in Malaysia 100
Table 8: Key Footwear Retailers in Malaysia 102
Table 9: Key Books, News and Stationery Retailers in Malaysia 103
Table 10: Key Electrical and Electronics Retailers in Malaysia 104
Table 11: Key Food and Grocery Retailers in Malaysia 105
Table 12: Key Health and Beauty Retailers in Malaysia 107
Table 13: Key Furniture and Floor Coverings Retailers in Malaysia 108
Table 14: Key Home and Garden Products Retailers in Malaysia 109
Table 15: Key Music, Video and Entertainment Retailers in Malaysia 110
Table 16: Key Sports and Leisure equipment Retailers in Malaysia 111
Table 17: Key Jewelry, watches and accessories Retailers in Malaysia 112
Table 18: Key Luggage and Leather Goods Retailers in Malaysia 113
Table 19: Malaysia Exchange Rate MYR-USD (Annual Average), 2010-2015 114
Table 20: Malaysia Exchange Rate MYR-USD (Annual Average), 2016-2020 Forecasts 114
Table 21: Verdict Retail Channel Definitions 115
Table 22: Verdict Retail Category Definitions 117

List of Figures

Figure 1: GDP Values (Current US$) billion, 2010-2015
Figure 2: Growth Rate of GDP (Constant US$), 2010-2015
Figure 3: GDP Value and Growth (MYR billion, %), 2010-2015
Figure 4: Forecasts for GDP Value and Growth (MYR billion, %), 2015-2020
Figure 5: Gross domestic savings (% of GDP), 2005-2015
Figure 6: Share of Employment by Sector (%), 2005 and 2015
Figure 7: Unemployment Rate (%), 2005-2015
Figure 8: Inflation GDP deflator (annual %) 2005-2015
Figure 9: Household Consumption Expenditure of Malaysia (US$ billion), 2005 and 2015
Figure 10: Household Consumption Expenditure of Major Countries (US$ Billion), 2015
Figure 11: Growth of Household Consumption Expenditure (%), 2005-2015
Figure 12: Total Population and Growth Rate (Millions, %), 2005-2020
Figure 13: Population Split by Gender (%), 2015 and 2020E
Figure 14: Population Split by Age Group (%), 2015 and 2020E
Figure 15: Per Capita Spend on Retail (MYR), 2005 and 2015
Figure 16: Per Capita Spend (MYR) on Retail by Age Group (%), 2005 and 2015
Figure 17: Rural and Urban Populations (% of total population) 2005, 2015 and 2020E
Figure 18: Tourist arrivals to Malaysia, (in thousands), 2010 and 2015
Figure 19: Social Network users and Penetration, Jan-2016
Figure 20: Key Components of Doing Business in Malaysia
Figure 21: Total Number of Internet Users and Penetration (Millions, %), 2005-2015
Figure 22: Total Number of Fixed Broadband Users and Penetration (Millions, %), 2005-2015
Figure 23: Total Number of Mobile Phone Subscriptions and Penetration (Millions, %), 2005-2015
Figure 24: Retail Sales Value and Growth (MYR billion, %), 2005-2015
Figure 25: Retail Sales as % of Total Consumer Spend (%), 2005 and 2015
Figure 26: Total Retail Sales and Growth Rate (MYR billion, %), 2015 and 2020
Figure 27: Online Sales and Growth Rate (MYR billion, %) 2015-2020
Figure 28: Share of Key Product Sectors (%), 2015 and 2020
Figure 29: Growth Rate of Key Product Sectors vs. Growth of Total Retail (%), 2015-2020
Figure 30: Value Growth of Key Product Sectors (MYR billion), 2015-2020
Figure 31: Spend Per Channel, 2015 and 2020
Figure 32: Online Penetration of Key Product Sectors (%), 2015
Figure 33: Online Penetration of Key Product Sectors (%), 2020
Figure 34: Share of Clothing in overall Retail 2015 and 2020
Figure 35: Retail Sales Value and Growth (MYR billion, %) of Clothing 2015-2020
Figure 36: Spend-per-Head on Clothing 2015 and 2020
Figure 37: Share of Clothing by Women's Wear, Men's Wear and Children's Wear 2015 and 2020
Figure 38: Childrenswear Sales Value and Growth (MYR billion, %) 2015-2020
Figure 39: Menswear Sales Value and Growth (MYR billion, %) 2015-2020
Figure 40: Womenswear Sales Value and Growth (MYR billion, %) 2015-2020
Figure 41: Online Spend in Clothing 2015-2020
Figure 42: Online Share of Total Clothing Spend 2015 and 2020
Figure 43: Spending per Channel in Clothing (%) 2015 and 2020
Figure 44: Share of Footwear in Total Retail 2015 and 2020
Figure 45: Retail Sales Value and Growth (MYR billion, %) of Footwear 2015-2020
Figure 46: Spend-per-Head on Footwear 2015 and 2020
Figure 47: Share of Footwear by Women's Footwear, Men's Footwear and Children's Footwear 2015 and 2020
Figure 48: Women's Footwear Sales Value and Growth (MYR billion, %) 2015-2020
Figure 49: Men's Footwear Sales Value and Growth (MYR billion, %) 2015-2020
Figure 50: Children's Footwear Sales Value and Growth (MYR billion, %) 2015-2020
Figure 51: Online Spend in Footwear 2015-2020
Figure 52: Online Share of total Footwear Spend 2015 and 2020
Figure 53: Spending per Channel in Footwear (%) 2015 and 2020
Figure 54: Share of Books, News, and Stationery in Total Retail 2015 and 2020
Figure 55: Retail Sales Value and Growth (MYR billion, %) of Books, News, and Stationery 2015-2020
Figure 56: Spend-per-Head on Books, News, and Stationery 2015 and 2020
Figure 57: Online Spend in Books, News, and Stationery 2015-2020
Figure 58: Online Share of total Books, News, and Stationery Spend 2015 and 2020
Figure 59: Spending per Channel in Books, News, and Stationery (%) 2015 and 2020
Figure 60: Share of Electrical and Electronics in overall Retail 2015 and 2020
Figure 61: Retail Sales Value and Growth (MYR billion, %) of Electrical and Electronics 2015-2020
Figure 62: Spend-per-Head on Electrical and Electronics 2015 and 2020
Figure 63: Online Spend in Electrical and Electronics 2015-2020
Figure 64: Online Share of total Electrical and Electronics Spend 2015 and 2020
Figure 65: Spending per Channel in Electrical and Electronics (%) 2015 and 2020
Figure 66: Share of Food and Grocery in overall Retail 2015 and 2020
Figure 67: Retail Sales Value and Growth (MYR billion, %) of Food and Grocery 2015-2020
Figure 68: Spend-per-Head on Food and Grocery 2015 and 2020
Figure 69: Online Spend in Food and Grocery 2015-2020
Figure 70: Online Share of total Food and Grocery Spend 2015 and 2020
Figure 71: Spending per Channel in Food and Grocery (%) 2015 and 2020
Figure 72: Share of Health and Beauty in overall Retail 2015 and 2020
Figure 73: Retail Sales Value and Growth (MYR billion, %) of Health and Beauty 2015-2020
Figure 74: Spend-per-Head on Health and Beauty 2015 and 2020
Figure 75: Online Spend in Health and Beauty 2015-2020
Figure 76: Online Share of total Health and Beauty Spend 2015 and 2020
Figure 77: Spending per Channel in Health and Beauty (%) 2015 and 2020
Figure 78: Share of Furniture and Floor Coverings in overall Retail 2015 and 2020
Figure 79: Retail Sales Value and Growth (MYR billion, %) of Furniture and Floor Coverings 2015-2020
Figure 80: Spend-per-Head on Furniture and Floor Coverings 2015 and 2020
Figure 81: Online Spend in Furniture and Floor Coverings 2015-2020
Figure 82: Online Share of total Furniture and Floor Coverings Spend 2015 and 2020
Figure 83: Spending per Channel in Furniture and Floor Coverings (%) 2015 and 2020
Figure 84: Share of Home and Garden Products in overall Retail 2015 and 2020
Figure 85: Retail Sales Value and Growth (MYR billion, %) of Home and Garden Products 2015-2020
Figure 86: Spend-per-Head on Home and Garden Products 2015 and 2020
Figure 87: Online Spend in Home and Garden Products 2015-2020
Figure 88: Online Share of total Home and Garden Products Spend 2015 and 2020
Figure 89: Spending per Channel in Home and Garden Products (%) 2015 and 2020
Figure 90: Share of Music, Video, and Entertainment Software in overall Retail 2015 and 2020
Figure 91: Retail Sales Value and Growth (MYR billion, %) of Music, Video, and Entertainment Software 2015-2020
Figure 92: Spend-per-Head on Music, Video, and Entertainment Software 2015 and 2020
Figure 93: Online Spend in Music, Video, and Entertainment Software 2015-2020
Figure 94: Online Share of total Music, Video, and Entertainment Software Spend 2015 and 2020
Figure 95: Share of total Music, Video, and Entertainment Software Spend 2015 and 2020
Figure 96: Share of Sports and Leisure Equipment in overall Retail 2015 and 2020
Figure 97: Retail Sales Value and Growth (MYR billion, %) of Sports and Leisure Equipment 2015-2020
Figure 98: Spend-per-Head on Sports and Leisure Equipment 2015 and 2020
Figure 99: Online Spend in Sports and Leisure Equipment 2015-2020
Figure 100: Online Share of total Sports and Leisure Equipment Spend 2015 and 2020
Figure 101: Spending per Channel in Sports and Leisure Equipment (%) 2015 and 2020
Figure 102: Share of Jewelry, Watches, and Accessories in overall Retail 2015 and 2020
Figure 103: Retail Sales Value and Growth (MYR billion, %) of Jewelry, Watches, and Accessories 2015-2020
Figure 104: Spend-per-Head on Jewelry, Watches, and Accessories 2015 and 2020
Figure 105: Online Spend in Jewelry, Watches, and Accessories 2015-2020
Figure 106: Online Share of total Jewelry, Watches, and Accessories Spend 2015 and 2020
Figure 107: Spending per Channel in Jewelry, Watches, and Accessories (%) 2015 and 2020
Figure 108: Share of Luggage and Leather Goods in overall Retail 2015 and 2020
Figure 109: Retail Sales Value and Growth (MYR billion, %) of Luggage and Leather Goods 2015-2020
Figure 110: Spend-per-Head on Luggage and Leather Goods 2015 and 2020
Figure 111: Online Spend in Luggage and Leather Goods 2015-2020
Figure 112: Online Share of total Luggage and Leather Goods Spend 2015 and 2020
Figure 113: Spending per Channel in Luggage and Leather Goods (%) 2015 and 2020
Figure 114: The Triangulated Market Sizing Methodology

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