Canadean White Papers
The Future of Retailing in Bulgaria to 2016
'The Future of Retailing in Bulgaria to 2016' provides both a top-level overview and detailed category and channel specific insights into the Bulgarian retail industry environment. It is an essential tool for companies active across the Bulgarian retail value chain and for new companies considering entry into the Bulgarian retail market.
During the review period, Bulgarian retail sales grew from BGN22.0bn in 2006 to BGN26.9bn in 2011 at a CAGR of 4.09%. Canadean expects retail sales in the country to reach BGN32.8bn in 2016 growing at a CAGR of 4.08% during the forecast period.
Specialist retailers were the largest channel group, contributing 46.3% towards total Bulgarian retail sales in 2011, or BGN12.4bn in value terms. During the review period, online retailers were the fastest-growing channel group, with a CAGR of 10.09% and are expected to remain the fastest-growing category group during the forecast period, at a CAGR of 15.90%.