The Future of Interior Products in Russia to 2015


#26145

389pages

BRICdata

$ 2950

In Stock


Synopsis

The report provides top-level market analysis, information and insights on the Russian interior products industry, including:

  • Historic, current and forecast values and trends for the Russian interior products industry for individual product categories
  • Comprehensive, country-specific analysis of the industrys market attractiveness, covering key trends and drivers, Russias competitive landscape and benchmarking with other key markets
  • Description and analysis of the key distribution channels and end-user markets for the interior products industry
  • Profiles of the top interior product companies in Russia

Executive Summary

The Russian interior products industry is one of the fastest growing in Europe, registering a CAGR of 9.15% during the review period. Despite recording reduced growth during the global economic crisis, the industry recovered rapidly in 2010. The Russian interior products industry is expected to continue growing rapidly during the forecast period, fueled by the countrys stable financial condition, strong demographic growth, growing disposable income and rising middle-class population. In addition, the industry is expected to benefit from the impact of major upcoming sporting events which will be hosted in the country such as the 2014 Winter Olympics and the 2018 FIFA World Cup. The countrys strong economic condition is expected to lead to robust growth for the countrys construction and real estate industries, which typically increases the demand of interior products.

The increasing retail sales for contemporary interior products, especially for furniture, flooring and bathroom products, are a direct consequence of Russias changing lifestyle and the increasing disposable income of the Russian middle class. Furthermore, the countrys economic growth and increasing penetration of international retailers in the region are expected to generate opportunities for exporters.

During the review period, the number of single family households grew rapidly in Russia. This growth will drive the demand for new housing interior products to equip the newly created households. Furthermore, with the impact of upcoming sporting events, the hospitality industry is also expected to expand and demand a larger amount of interior design products.

Scope

This report provides an extensive analysis of the interior products market in Russia:

  • It details historical values for the Russian interior products industry for 20062010, along with forecast figures for 20112015
  • It provides supporting country-specific analysis on the overall market as well as individual values for the industrys key categories
  • The report provides top-level analysis of the Russian interior products industrys production, trade, distribution, end-user and consumption dynamics
  • The report uses Porters industry-standard Five Forces analysis, and also provides details on the competitive landscape for both manufacturers and retailers
  • The report also profiles top interior product manufacturers and retailers in Russia

Reasons To Buy

  • Gain a detailed understanding of the manufacturing, trade, retail and demand-side dynamics within the Russian interior products market
  • Analyse key market trends and opportunities for both existing operators and prospective new market entrants
  • Assess the competitive landscape in the interior product manufacturing and retail sectors, enabling the formulation of effective market-entry strategies
  • Identify the growth opportunities and industry dynamics within 11 key product categories such as bathroom, bedroom, kitchen, fabrics and soft furnishings, flooring, furnishing, kitchen, lighting, office furniture, tableware and decorative products, wallcoverings, window coverings and treatments

Key Highlights

  • The interior products industry in Russia valued US$36,480.6 million in 2010. Over the medium term, sporting events such as the 2014 Winter Olympics and the 2018 FIFA World Cup will be a key driving force for the market.
  • The countrys growing consumer disposable income led to consumer confidence returning swiftly and Russias employment rate increasing. Furthermore, the robust growth in Russias construction and real estate industries also led to an increased demand for interior products during the review period.
  • Russias interior products industry is dependent on imports from other international markets.
  • Russia is one of the fastest-growing interior products industries in Europe, with the largest consumer base in the region.