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Learn moreFeb 2019
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In the last decade, the Bolivian economy saw average annual growth rates of close to 5%, being one of the economies in the region enjoying constant growth. One of the most significant effects of this growth was the expansion of the middle class, which strengthened its purchasing power.
Historically, traditional retailers have represented the most important channel within retailing in terms of sales value, in an economy in which a large part of the population still has budget constraints and seeks the lowest possible prices, for purchases of low volume and immediate consumption.
Bolivia still shows challenges in its labour market, as significant numbers of its population find it difficult to obtain a formal job. This phenomenon is especially seen amongst women that in many cases are still responsible for raising children and performing domestic chores, further limiting their opportunities in the labour market.
The Confederation of Private Employers of Bolivia (CEPB) estimates that the effect of contraband in Bolivia has reached close to 8% of GDP; it was equivalent to 26% of the total value of legal imports. A large portion of retailing sales are from imported products.
Bolivia is still a market with great challenges ahead before the masses will use e-commerce as a retailing channel option. One challenge is the low penetration of credit and debit cardholders.
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Overview
Discover the latest market trends and uncover sources of future market growth for the Retailing industry in Bolivia 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 Retailing industry in Bolivia, our research will save you time and money while empowering you to make informed, profitable decisions.
When you purchase this report, you also get the data and the content from these category reports in Bolivia for free:
The Retailing in Bolivia market research report includes:
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Why buy this report?
This industry report originates from Passport, our Retailing market research database.
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.