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Country Report

Non-Store Retailing in

Non-Store Retailing in Dominican Republic

19 pages, Dec 2016

US$990

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Executive Summary

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TRENDS

Non-store retailing performed very well again in 2016, posting a strong value growth rate of 11% and bringing sales to DOP28.4 billion. Widespread use of and increased access to technology throughout Dominican society has fuelled much of this growth. Perhaps the most notable aspect is the growth in internet retailing and online purchases, including those made via mobile devices. Currently, consumers are able to purchase online and their transactions are not subject to the taxes applied to physical purchases at brick-and-mortar outlets. 2015 saw a great deal of uncertainty concerning this channel because the government came very close to approving a framework for applying these taxes to online purchases. The attempt ultimately failed, however, and consumers continue to save large amounts of money by making online purchases. While the majority of these transactions are done from abroad, some locally based firms are also engaging in online purchasing services (eg, IKEA Santo Domingo).

COMPETITIVE LANDSCAPE

As non-store retailing is comprised of several different channels, it remains a highly fragmented category in the Dominican Republic. Within the direct selling channel, Productos Avon SA led once again in 2016 with a 21% share of retail value sales, followed by Grupo Transbel CA with 18%.

PROSPECTS

Throughout the forecast period, internet retailing is expected to be the main driver of growth in value sales of non-store retailing. While the channel as a whole is beginning to mature, scope for additional growth remains as mobile retailing and new payments systems emerge. In addition, international players continue to dominate the landscape, but local companies are expected to enter the fray more actively in the years to come. In fact, it would not be surprising to see local firms pair up with international companies to offer a broader range of services and product offerings to their customers in the Dominican market.

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Samples

Non Store Retailers Sample Report Non Store Retailers Sample Data

Overview

Why buy this report?

Gain competitive intelligence about market leaders. Track key industry trends, opportunities and threats. Inform your marketing, brand, strategy and market development, sales and supply functions.

SAMPLES: FAQS ABOUT SAMPLES

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Overview

Discover the latest market trends and uncover sources of future market growth for the Non-Store Retailing industry in Dominican Republic with research from Euromonitor's team of in-country analysts.

Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.

If you're in the Non-Store Retailing industry in Dominican Republic, our research will save you time and money while empowering you to make informed, profitable decisions.

The Non-Store Retailing in Dominican Republic market research report includes:

Analysis of key supply-side and demand trends
Detailed market shares for international and locally-based retailers
Historic volumes and values, company and brand market shares
Five year forecasts of market trends and market growth
Robust and transparent market research methodology, conducted in-country

Our market research reports answer questions such as:

Is non-store retailing outperforming its store-based peers?
What factors are influencing the growth of non-store retailing in Dominican Republic?
How is internet retailing developing in Dominican Republic?

Why buy this report?

Gain competitive intelligence about market leaders
Track key industry trends, opportunities and threats
Inform your marketing, brand, strategy and market development, sales and supply functions

This industry report originates from Passport, our Retailing market research database.

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Country Report

Non-Store Retailing in Dominican Republic

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Executive Summary

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TRENDS

COMPETITIVE LANDSCAPE

PROSPECTS

Samples

Overview

Why buy this report?

SAMPLES: FAQS ABOUT SAMPLES

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