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: A strong consumer outlook underpinned by low interest rates, rising real wages and a
strengthening labour market will drive an expansion of 14.5% in Slovakian vehicle sales in 2016.
? Vehicle sales will grow 14.5% in 2016.
? A strong labour market, access to cheap credit and rising disposable incomes will continue to drive
growth in the passenger car segment.
? Growth in online retailing and the construction of energy and transport infrastructure projects will drive
an expansion in commercial vehicle sales.
The ongoing recovery in the European auto market will bode well for Slovakia's passenger car production
and export growth.