Retailing in Ukraine

Euromonitor International's Retailing in Ukraine examines whether recent high growth rates can be sustained in an economic downturn. Growth has been boosted by richer consumers spending more and some companies’ decision to sell a wider range of non-food products. Rising sales have supported expansion into new markets, new store formats and moves into private label products. However, the economic downturn has set some of these strategies back, this analysis looks at whether grocery retailers will continue to enjoy similar rates of growth in the future.

Tables: 190  |  Publication date: Mar 2009
Cost: 
GBP1190.00

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  • Get insight into trends in market performance
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Product coverage

Non-store retailing; Store-based retailing

Executive summary

Economic recession impacts retailing

The 2008 economic slowdown and the current financial instability in Ukraine negatively affected the development of retailing late in 2008. The market, which had been demonstrating dynamic growth, low saturation and high levels of investment activity, started losing its strong position. According to AT Kearney Consulting, Ukraine’s world position as an investment-attractive retail market declined to 17th place in 2008, from 5th in 2007. The major challenges for retail development are insufficient infrastructure, bureaucratic barriers, political instability, low incomes and high inflation.

Ukrainian capital, Kiev, enjoys the leadership in retailing

Kiev has traditionally been the centre of the retail market amongst all Ukrainian cities, reaching retail trade turnover of UAH45.2 billion in 2007. According to the rating from the International Retailers Survey, the Ukrainian capital takes 10th place in the list of investment-attractive cities for foreign retailers in 2007 after Moscow, St Petersburg and Prague, and ahead of Berlin, Warsaw, Zagreb, Copenhagen, Riga, Vilnius, Stockholm, Paris and Geneva.

International retailers enter the Ukrainian market

A number of international retailers entered Ukrainian retailing in 2008. In May Inditex Group, opened the first Zara store on the central street of Kiev, Khreschatik. The British chain Debenhams and German company Peek & Cloppenburg (P&C) announced plans to search for local partners. The Finnish company Stockmann is looking for appropriate trade areas. The Turkish Ayadin Group plans to open stores and develop the Ipekyol, Machka and Twist brands in Ukraine. The Italian company Intesa announced plans to open mono-brand stores in the largest Ukrainian cities. International retailers are also entering the Ukrainian market through franchising, by signing agreements with Ukrainian partners; examples include American brand Gap, Danish brand Vero Moda, Italian brand Oviesse and New Look from the UK.

High rental rates and a deficit of commercial real estate continue to hinder development

The deficit of high quality commercial real estate in Kiev caused a further price increase of 20%-40% in the rental rates in the most popular shopping centres. Rental prices are highest in shopping centres such as Karavan, Globus, Mandarin Plaza and Materik, which are characterised by their good location and high footfall. Kiev is ahead in terms of rental rates of its East European neighbouring capitals, such as Budapest, Warsaw, Prague and others. The rental prices in shopping centres on the Kiev central street Khreschatik reach US$250-US$600 per square metre.

Ukrainian retailers look towards new markets

The leading Ukrainian retailers are expanding their operations into the neighbouring markets of Moldova and Kazakhstan. Velyka Kyshenia now has seven supermarkets in Moldova, and Furshet was the first Ukrainian retail chain to enter Moldova in 2006, and now has six supermarkets in the country. Foxtrot Ltd bought the Elephant chain, one of the first retail chains in Moldova, and rebranded the stores to Foxtrot Household Appliances. Foxtrot also announced plans to expand its operations further, and to open more electronics and household appliances supermarkets, Foxtrot Household Appliances, in Moldova. Intertop OOO, which owns the Intertop, Kidditop, Camper, Ecco, Clarks and Geox chains in Ukraine, opened five shoe stores in Kazakhstan in cooperation with a local partner. The markets in these countries are less saturated than those in some of Ukraine’s major cities, and offer retailers an opportunity to diversify their investments, which is important for survival in times of economic instability.

Table of contents

RETAILING IN UKRAINE : MARKET INSIGHT

EXECUTIVE SUMMARY

Economic recession impacts retailing

Ukrainian capital, Kiev, enjoys the leadership in retailing

International retailers enter the Ukrainian market

High rental rates and a deficit of commercial real estate continue to hinder development

Ukrainian retailers look towards new markets

KEY TRENDS AND DEVELOPMENTS

Economic recession in Ukraine is underway

Entry of Ukraine to the WTO makes competition fierce

Retail development in the regions

Investment in retail property

Retail development at petrol stations

MARKET INDICATORS

Table 1 Employment in Retailing 2003-2008

MARKET DATA

Table 2 Sales in Retailing by Sector: Value 2003-2008

Table 3 Sales in Retailing by Sector: % Value Growth 2003-2008

Table 4 Sales in Retailing by Grocery vs Non-Grocery 2005-2008

Table 5 Sales in Store-Based Retailing by Sector: Value 2003-2008

Table 6 Sales in Store-Based Retailing by Sector: % Value Growth 2003-2008

Table 7 Sales in Non-store Retailing by Sector: Value 2003-2008

Table 8 Sales in Non-store Retailing by Sector: % Value Growth 2003-2008

Table 9 Retailing Company Shares: % Value 2004-2008

Table 10 Grocery Retailers Company Shares: % Value 2004-2008

Table 11 Grocery Retailers Brand Shares: % Value 2005-2008

Table 12 Non-Grocery Retailers Company Shares: % Value 2004-2008

Table 13 Non-Grocery Retailers Brand Shares: % Value 2005-2008

Table 14 Non-store Retailing Company Shares: % Value 2004-2008

Table 15 Non-store Retailing Brand Shares: % Value 2005-2008

Table 16 Forecast Sales in Retailing by Sector: Value 2008-2013

Table 17 Forecast Sales in Retailing by Sector: % Value Growth 2008-2013

Table 18 Forecast Sales in Store-Based Retailing by Sector: Value 2008-2013

Table 19 Forecast Sales in Store-Based Retailing by Sector: % Value Growth 2008-2013

Table 20 Forecast Sales in Non-store Retailing by Sector: Value 2008-2013

Table 21 Forecast Sales in Non-store Retailing by Sector: % Value Growth 2008-2013

APPENDIX

Operating environment

Table 22 Retailing Salary Levels 2008

Cash and Carry/Warehouse Clubs

DEFINITIONS

Summary 1 Research Sources

LOCAL COMPANY PROFILES - UKRAINE

AMSTOR - RETAILING - UKRAINE

STRATEGIC DIRECTION

KEY FACTS

Summary 2 Amstor: Key Facts

Summary 3 Amstor: Operational Indicators

COMPANY BACKGROUND

COMPETITIVE POSITIONING

Summary 4 Amstor: Competitive Position 2008

BAJADERA CHP - RETAILING - UKRAINE

STRATEGIC DIRECTION

KEY FACTS

Summary 5 Bajadera ChP: Key Facts

Summary 6 Bajadera ChP: Operational Indicators

COMPANY BACKGROUND

COMPETITIVE POSITIONING

Summary 7 Bajadera ChP: Competitive Position 2008

DC UKRAINE LTD - RETAILING - UKRAINE

STRATEGIC DIRECTION

KEY FACTS

Summary 8 DC Ukraine Ltd: Key Facts

Summary 9 DC Ukraine Ltd: Operational Indicators

COMPANY BACKGROUND

COMPETITIVE POSITIONING

Summary 10 DC Ukraine Ltd: Competitive Position 2008

DOMOTECHNIKA OOO - RETAILING - UKRAINE

STRATEGIC DIRECTION

KEY FACTS

Summary 11 Domotechnika OOO: Key Facts

Summary 12 Domotechnika OOO: Operational Indicators

COMPANY BACKGROUND

PRIVATE LABEL

Summary 13 Domotechnika OOO: Private Label Portfolio

COMPETITIVE POSITIONING

Summary 14 Domotechnika OOO: Competitive Position 2008

ELDORADO OOO - RETAILING - UKRAINE

STRATEGIC DIRECTION

KEY FACTS

Summary 15 Eldorado OOO: Key Facts

Summary 16 Eldorado OOO: Operational Indicators

COMPANY BACKGROUND

COMPETITIVE POSITIONING

Summary 17 Eldorado OOO: Competitive Position 2008

EUROPRODUCT JSC - RETAILING - UKRAINE

STRATEGIC DIRECTION

KEY FACTS

Summary 18 Europroduct JSC: Key Facts

Summary 19 Europroduct JSC: Operational Indicators

COMPANY BACKGROUND

COMPETITIVE POSITIONING

Summary 20 Europroduct JSC: Competitive Position 2008

FOXTROT LTD - RETAILING - UKRAINE

STRATEGIC DIRECTION

KEY FACTS

Summary 21 Foxtrot Ltd: Key Facts

Summary 22 Foxtrot Ltd: Operational Indicators

COMPANY BACKGROUND

COMPETITIVE POSITIONING

Summary 23 Foxtrot Ltd: Competitive Position 2008

FOZZY GROUP - RETAILING - UKRAINE

STRATEGIC DIRECTION

KEY FACTS

Summary 24 Fozzy Group: Key Facts

Summary 25 Fozzy Group: Operational Indicators

COMPANY BACKGROUND

PRIVATE LABEL

Summary 26 Fozzy Group: Private Label Portfolio

COMPETITIVE POSITIONING

Summary 27 Fozzy Group: Competitive Position 2008

GARANTIYA TRADE - RETAILING - UKRAINE

STRATEGIC DIRECTION

KEY FACTS

Summary 28 Garantiya Trade: Key Facts

Summary 29 Garantiya Trade: Operational Indicators

COMPANY BACKGROUND

PRIVATE LABEL

Summary 30 Garantiya Trade: Private Label Portfolio

COMPETITIVE POSITIONING

Summary 31 Garantiya Trade: Competitive Position 2008

INTERMARKET OOO - RETAILING - UKRAINE

STRATEGIC DIRECTION

KEY FACTS

Summary 32 Intermarket OOO: Key Facts

Summary 33 Intermarket OOO.: Operational Indicators

COMPANY BACKGROUND

COMPETITIVE POSITIONING

Summary 34 Intermarket Ltd: Competitive Position 2008

KLO CO - RETAILING - UKRAINE

STRATEGIC DIRECTION

KEY FACTS

Summary 35 KLO Co: Key Facts

Summary 36 KLO Co: Operational Indicators

COMPANY BACKGROUND

COMPETITIVE POSITIONING

Summary 37 KLO Co: Competitive Position 2008

KVISA-TRADE LTD - RETAILING - UKRAINE

STRATEGIC DIRECTION

KEY FACTS

Summary 38 Kvisa-Trade Ltd: Key Facts

Summary 39 Kvisa-Trade Ltd: Operational Indicators

COMPANY BACKGROUND

PRIVATE LABEL

Summary 40 Kvisa-Trade Ltd: Private Label Portfolio

COMPETITIVE POSITIONING

Summary 41 Kvisa-Trade Ltd: Competitive Position 2008

OOO ATB - MARKET - RETAILING - UKRAINE

STRATEGIC DIRECTION

KEY FACTS

Summary 42 ATB-Market OOO: Key Facts

Summary 43 ATB-Market OOO: Operational Indicators

COMPANY BACKGROUND

PRIVATE LABEL

Summary 44 ATB-Market OOO: Private Label Portfolio

COMPETITIVE POSITIONING

Summary 45 ATB-Market OOO: Competitive Position 2008

PAKKO OOO - RETAILING - UKRAINE

STRATEGIC DIRECTION

KEY FACTS

Summary 46 Pakko OOO: Key Facts

Summary 47 Pakko OOO: Operational Indicators

COMPANY BACKGROUND

COMPETITIVE POSITIONING

Summary 48 Pakko Holding: Competitive Position 2008

TAVRIYA VAT APF - RETAILING - UKRAINE

STRATEGIC DIRECTION

KEY FACTS

Summary 49 Tavriya VAT APF: Key Facts

Summary 50 Tavriya VAT APF: Operational Indicators

COMPANY BACKGROUND

PRIVATE LABEL

Summary 51 Tavriya VAT APF: Private Label Portfolio

COMPETITIVE POSITIONING

Summary 52 Tavriya VAT APF: Competitive Position 2008

HYPERMARKETS IN UKRAINE

HEADLINES

OVERVIEW

SECTOR FORMATS

Chart 1 Megamarket: Gorkogo St, Kiev

SECTOR DATA

Table 23 Hypermarkets: Value Sales, Outlets and Selling Space 2003-2008

Table 24 Hypermarkets: Value Sales, Outlets and Selling Space: % Growth 2003-2008

Table 25 Hypermarkets Company Shares by Value 2004-2008

Table 26 Hypermarkets Brand Shares by Value 2005-2008

Table 27 Hypermarkets Brand Shares by Outlets 2005-2008

Table 28 Hypermarkets Brand Shares by Selling Space 2005-2008

Table 29 Hypermarkets Forecasts: Value Sales, Outlets and Selling Space 2008-2013

Table 30 Hypermarkets Forecasts: Value Sales, Outlets and Selling Space: % Growth 2008-2013

SUPERMARKETS IN UKRAINE

HEADLINES

OVERVIEW

SECTOR DATA

Table 31 Supermarkets: Value Sales, Outlets and Selling Space 2003-2008

Table 32 Supermarkets: Value Sales, Outlets and Selling Space: % Growth 2003-2008

Table 33 Supermarkets Company Shares by Value 2004-2008

Table 34 Supermarkets Brand Shares by Value 2005-2008

Table 35 Supermarkets Brand Shares by Outlets 2005-2008

Table 36 Supermarkets Brand Shares by Selling Space 2005-2008

Table 37 Supermarkets Forecasts: Value Sales, Outlets and Selling Space 2008-2013

Table 38 Supermarkets Forecasts: Value Sales, Outlets and Selling Space: % Growth 2008-2013

DISCOUNTERS IN UKRAINE

HEADLINES

TRENDS

COMPETITIVE LANDSCAPE

PROSPECTS

SECTOR DATA

Table 39 Discounters: Value Sales, Outlets and Selling Space 2003-2008

Table 40 Discounters: Value Sales, Outlets and Selling Space: % Growth 2003-2008

Table 41 Discounters Company Shares by Value 2004-2008

Table 42 Discounters Brand Shares by Value 2005-2008

Table 43 Discounters Brand Shares by Outlets 2005-2008

Table 44 Discounters Brand Shares by Selling Space 2005-2008

Table 45 Discounters Forecasts: Value Sales, Outlets and Selling Space 2008-2013

Table 46 Discounters Forecasts: Value Sales, Outlets and Selling Space: % Growth 2008-2013

CONVENIENCE STORES IN UKRAINE

HEADLINES

OVERVIEW

SECTOR DATA

Table 47 Convenience Stores: Value Sales, Outlets and Selling Space 2003-2008

Table 48 Convenience Stores: Value Sales, Outlets and Selling Space: % Growth 2003-2008

Table 49 Convenience Stores Company Shares by Value 2004-2008

Table 50 Convenience Stores Brand Shares by Value 2005-2008

Table 51 Convenience Stores Brand Shares by Outlets 2005-2008

Table 52 Convenience Stores Brand Shares by Selling Space 2005-2008

Table 53 Convenience Stores Forecasts: Value Sales, Outlets and Selling Space 2008-2013

Table 54 Convenience Stores Forecasts: Value Sales, Outlets and Selling Space: % Growth 2008-2013

FORECOURT RETAILERS IN UKRAINE

HEADLINES

OVERVIEW

SECTOR FORMATS

Chart 2 KLO Co: Kiev Darnitsa Area

SECTOR DATA

Table 55 Forecourt Retailers: Value Sales, Outlets and Selling Space 2003-2008

Table 56 Forecourt Retailers: Value Sales, Outlets and Selling Space: % Growth 2003-2008

Table 57 Forecourt Retailers Company Shares by Value 2004-2008

Table 58 Forecourt Retailers Brand Shares by Value 2005-2008

Table 59 Forecourt Retailers Brand Shares by Outlets 2005-2008

Table 60 Forecourt Retailers Brand Shares by Selling Space 2005-2008

Table 61 Forecourt Retailers Forecasts: Value Sales, Outlets and Selling Space 2008-2013

Table 62 Forecourt Retailers Forecasts: Value Sales, Outlets and Selling Space: % Growth 2008-2013

MIXED RETAILERS IN UKRAINE

HEADLINES

TRENDS

COMPETITIVE LANDSCAPE

PROSPECTS

SECTOR FORMATS

Chart 3 Department Store ZUM: Kiev Khreschatik St.

SECTOR DATA

Table 63 Mixed Retailers: Value Sales, Outlets and Selling Space 2003-2008

Table 64 Mixed Retailers: Value Sales, Outlets and Selling Space: % Growth 2003-2008

Table 65 Mixed Retailers Forecasts: Value Sales, Outlets and Selling Space 2008-2013

Table 66 Mixed Retailers Forecasts: Value Sales, Outlets and Selling Space: % Growth 2008-2013

HEALTH AND BEAUTY SPECIALIST RETAILERS IN UKRAINE

HEADLINES

TRENDS

COMPETITIVE LANDSCAPE

PROSPECTS

SECTOR FORMATS

Chart 4 Brocard: Kiev Globus Shopping Centre

SECTOR DATA

Table 67 Health and Beauty Retailers: Value Sales, Outlets and Selling Space 2003-2008

Table 68 Health and Beauty Retailers: Value Sales, Outlets and Selling Space: % Growth 2003-2008

Table 69 Health and Beauty Retailers Company Shares by Value 2004-2008

Table 70 Health and Beauty Retailers Brand Shares by Value 2005-2008

Table 71 Health and Beauty Retailers Brand Shares by Outlets 2005-2008

Table 72 Health and Beauty Retailers Brand Shares by Selling Space 2005-2008

Table 73 Health and Beauty Retailers Forecasts: Value Sales, Outlets and Selling Space 2008-2013

Table 74 Health and Beauty Retailers Forecasts: Value Sales, Outlets and Selling Space: % Growth 2008-2013

CLOTHING AND FOOTWEAR SPECIALIST RETAILERS IN UKRAINE

HEADLINES

OVERVIEW

SECTOR FORMATS

Chart 5 Zara: Khreschatik St, Kiev

SECTOR DATA

Table 75 Clothing and Footwear Retailers: Value Sales, Outlets and Selling Space 2003-2008

Table 76 Clothing and Footwear Retailers: Value Sales, Outlets and Selling Space: % Growth 2003-2008

Table 77 Clothing and Footwear Retailers Company Shares by Value 2004-2008

Table 78 Clothing and Footwear Retailers Brand Shares by Value 2005-2008

Table 79 Clothing and Footwear Retailers Brand Shares by Outlets 2005-2008

Table 80 Clothing and Footwear Retailers Brand Shares by Selling Space 2005-2008

Table 81 Clothing and Footwear Retailers Forecasts: Value Sales, Outlets and Selling Space 2008-2013

Table 82 Clothing and Footwear Retailers Forecasts: Value Sales, Outlets and Selling Space: % Growth 2008-2013

FURNITURE AND FURNISHINGS STORES IN UKRAINE

HEADLINES

OVERVIEW

SECTOR DATA

Table 83 Furniture and Furnishings Stores: Value Sales, Outlets and Selling Space 2003-2008

Table 84 Furniture and Furnishings Stores: Value Sales, Outlets and Selling Space: % Growth 2003-2008

Table 85 Furniture and Furnishings Stores Company Shares by Value 2004-2008

Table 86 Furniture and Furnishings Stores Brand Shares by Value 2005-2008

Table 87 Furniture and Furnishings Stores Brand Shares by Outlets 2005-2008

Table 88 Furniture and Furnishings Stores Brand Shares by Selling Space 2005-2008

Table 89 Furniture and Furnishings Stores Forecasts: Value Sales, Outlets and Selling Space 2008-2013

Table 90 Furniture and Furnishings Stores Forecasts: Value Sales, Outlets and Selling Space: % Growth 2008-2013

DIY, HOME IMPROVEMENT AND GARDEN CENTRES IN UKRAINE

HEADLINES

OVERVIEW

SECTOR DATA

Table 91 DIY, Home Improvement and Garden Centres: Value Sales, Outlets and Selling Space 2003-2008

Table 92 DIY, Home Improvement and Garden Centres: Value Sales, Outlets and Selling Space: % Growth 2003-2008

Table 93 DIY, Home Improvement and Garden Centres Company Shares by Value 2004-2008

Table 94 DIY, Home Improvement and Garden Centres Brand Shares by Value 2005-2008

Table 95 DIY, Home Improvement and Garden Centres Brand Shares by Outlets 2005-2008

Table 96 DIY, Home Improvement and Garden Centres Brand Shares by Selling Space 2005-2008

Table 97 DIY, Home Improvement and Garden Centres Forecasts: Value Sales, Outlets and Selling Space 2008-2013

Table 98 DIY, Home Improvement and Garden Centres Forecasts: Value Sales, Outlets and Selling Space: % Growth 2008-2013

ELECTRONICS AND APPLIANCE SPECIALIST RETAILERS IN UKRAINE

HEADLINES

OVERVIEW

SECTOR DATA

Table 99 Electronics and Appliance Specialist Retailers: Value Sales, Outlets and Selling Space 2003-2008

Table 100 Electronics and Appliance Specialist Retailers: Value Sales, Outlets and Selling Space: % Growth 2003-2008

Table 101 Electronics and Appliance Specialist Retailers Company Shares by Value 2004-2008

Table 102 Electronics and Appliance Specialist Retailers Brand Shares by Value 2005-2008

Table 103 Electronics and Appliance Specialist Retailers Brand Shares by Outlets 2005-2008

Table 104 Electronics and Appliance Specialist Retailers Brand Shares by Selling Space 2005-2008

Table 105 Electronics and Appliance Specialist Retailers Forecasts: Value Sales, Outlets and Selling Space 2008-2013

Table 106 Electronics and Appliance Specialist Retailers Forecasts: Value Sales, Outlets and Selling Space: % Growth 2008-2013

LEISURE AND PERSONAL GOODS SPECIALIST RETAILERS IN UKRAINE

HEADLINES

OVERVIEW

SECTOR DATA

Table 107 Leisure and Personal Goods Specialist Retailers: Value Sales, Outlets and Selling Space 2003-2008

Table 108 Leisure and Personal Goods Specialist Retailers: Value Sales, Outlets and Selling Space: % Growth 2003-2008

Table 109 Leisure and Personal Goods Specialist Retailers Company Shares by Value 2004-2008

Table 110 Leisure and Personal Goods Specialist Retailers Brand Shares by Value 2005-2008

Table 111 Leisure and Personal Goods Specialist Retailers Brand Shares by Outlets 2005-2008

Table 112 Leisure and Personal Goods Specialist Retailers Brand Shares by Selling Space 2005-2008

Table 113 Leisure and Personal Goods Specialist Retailers Forecasts: Value Sales, Outlets and Selling Space 2008-2013

Table 114 Leisure and Personal Goods Specialist Retailers Forecasts: Value Sales, Outlets and Selling Space: % Growth 2008-2013

VENDING IN UKRAINE

HEADLINES

TRENDS

COMPETITIVE LANDSCAPE

PROSPECTS

SECTOR FORMATS

Chart 6 Nescafé: Independence Square, Kiev

SECTOR DATA

Table 115 Vending: Value 2003-2008

Table 116 Vending: % Value Growth 2003-2008

Table 117 Vending Company Shares by Value 2004-2008

Table 118 Vending Brand Shares by Value 2005-2008

Table 119 Vending Forecasts: Value 2008-2013

Table 120 Vending Forecasts: % Value Growth 2008-2013

HOMESHOPPING IN UKRAINE

HEADLINES

TRENDS

COMPETITIVE LANDSCAPE

PROSPECTS

SECTOR DATA

Table 121 Homeshopping: Value 2003-2008

Table 122 Homeshopping: % Value Growth 2003-2008

Table 123 Homeshopping Company Shares by Value 2004-2008

Table 124 Homeshopping Brand Shares by Value 2005-2008

Table 125 Homeshopping Forecasts: Value 2008-2013

Table 126 Homeshopping Forecasts: % Value Growth 2008-2013

INTERNET RETAILING IN UKRAINE

HEADLINES

TRENDS

COMPETITIVE LANDSCAPE

PROSPECTS

SECTOR DATA

Table 127 Internet Retailing: Value 2003-2008

Table 128 Internet Retailing: % Value Growth 2003-2008

Table 129 Internet Retailing Company Shares by Value 2004-2008

Table 130 Internet Retailing Brand Shares by Value 2005-2008

Table 131 Internet Retailing Forecasts: Value 2008-2013

Table 132 Internet Retailing Forecasts: % Value Growth 2008-2013

DIRECT SELLING IN UKRAINE

HEADLINES

TRENDS

COMPETITIVE LANDSCAPE

PROSPECTS

SECTOR DATA

Table 133 Direct Selling: Value 2003-2008

Table 134 Direct Selling: % Value Growth 2003-2008

Table 135 Direct Selling Company Shares by Value 2004-2008

Table 136 Direct Selling Brand Shares by Value 2005-2008

Table 137 Direct Selling Forecasts: Value 2008-2013

Table 138 Direct Selling Forecasts: % Value Growth 2008-2013