Canadean White Papers
The Future of Retailing in Norway to 2016
This report is the result of Canadean's extensive market research covering the retail industry in Norway. It provides detailed segmentation of historic and forecast retail sales, down to category and channel level. It also includes the business environment and country risk related to the Norwegian retail environment.
During the review period, Norwegian retail sales grew from €290.8bn in 2006 to €349.4bn in 2011 at a CAGR of 3.74%. Canadean expects retail sales in the country to reach €440.5bn in 2016 growing at a CAGR of 4.74% during the forecast period.
General retailers were the largest channel group, contributing 48.9% towards total Norwegian retail sales in 2011, or €170.8bn in value terms. During the review period, online retailers were the fastest-growing channel group, with a CAGR of 9.52% and are expected to remain the fastest-growing category group during the forecast period, at a CAGR of 11.72%.