Affordability to Drive Housing Demand in IndiaBy: Shushmul Maheshwari
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Affordability to Drive Housing Demand in India
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Affordability is one of the most important factors that will decide the future of housing construction industry in India, says RNCOS in its new research report, “Indian Housing Sector Analysis”. Apart from luxury villas and deluxe flats, the demand for affordable housing units will be the main driver of growth in the next decade. It is anticipated that the affordable housing units will continue to account for 80% of the total housing demand by 2013 and will contribute more than US$ 100 Billion to housing market.
In wake of rising middle class population and improving income levels, real estate developers will definitely search for innovative ideas to build homes specific for one of the largest middle class population in the world.
The report further says that despite financial crisis of 2008, the Indian housing industry will continue to hold its fundamental level and will emerge as the fastest recovering housing industry across the globe. Strong regulatory environment, intact demand level and market adjusted approach by developers and consumers will shield the Indian housing industry from after effects of economic crisis.
Moreover, it is anticipated that the growth in the Indian housing industry will slowdown for a shorter duration rather than collapsing similar to housing industry in Europe and the US. The industry will attain its earlier growth trajectory in next two to three years by taking more precautionary measures.
“Indian Housing Sector Analysis” provides comprehensive information and objective analysis on the growing housing industry in India, its components and supporting financing structure. It also facilitates clients to evaluate the factors responsible for the development of Indian housing industry along with brief overview of current and past market trends. The report also outlines the market structure, demand drivers and competitors to understand the market dynamics.
Detailed data and analysis helps investors, financial service providers and global banking players to navigate through the latest trends in the housing industry. The report provides the segment-wise analysis, forecast, the latest market trends and information of emerging areas.
For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM013.htm
Check DISCOUNTED REPORTS on: http://www.rncos.comhttp://www.rncos.com/ |
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| Keywords |
Indian Housing Sector Analysis, Indian Housing Sector, Housing Sector of India |
| Category |
Business |
| Submission Date |
Jul 27, 2009 |
| Article Contact Name |
Shushmul Maheshwari || send email to Shushmul Maheshwari
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Other links at Business |
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RNCOS Releases a New Report- Women Wear Market Forecast to 2010
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RNCOS has recently added a new Market Research Report titled, “Women Wear Market Forecast to 2010” to its report gallery. The Indian women apparel market has undergone a transformational phase over the past few years - growing number of working women, changing fashion trends, rising level of information and media exposure, and entry of large number of foreign brands have given the industry a new dimension. As a result, various industry majors operating in men apparel segment have now started to diversify themselves into women wear in order to exploit the highly lucrative market that was estimated at more than Rs. 37,000 Crore in 2007. The market, in the past five years, posted a growth rate of good 14%. And with the growing presence of organized retail and rapidly spreading mall culture, the industry is all set to grow further in future, according to "Women Wear Market Forecast to 2010”, a research report by RNCOS.
The report provides extensive research and rational analysis on the women apparel market in India. It underlines various factors responsible for the growth of women apparel market in India and helps to explore the opportunities associated with it. The research gives an insight into the changing market dynamics and identifies the potential segments in the overall women apparel market.
Key Findings
- Increasing at a CAGR of over 17%, women apparel market is expected to cross Rs. 61,000 Crore by 2010.
- Branded women apparel market is projected to rise at a rate close to 25% and surpass Rs. 18,000 Crore by 2010.
- Premium segment apparel is forecasted to account for close to 20% of total women apparel market by 2010.
- Western wear, along with lingerie, will emerge as the fastest growing segment.
- Organized players are expected to account for over 40% lingerie market by 2009.
- Demand for textile and apparel machinery is anticipated to increase at more than 100% till 2011.
- Demand for ready-made garments in rural market is projected to hit a CAGR of around 16.50% by 2010.
Key Issues & Facts
- What is the market size and scope of women’s apparel market in India?
- What is the position of the Indian apparel industry by volume, value and segments?
- What are the current market trends?
- What is the segment-wise performance of the women apparel industry?
- Which factors are driving growths in the sector?
- What are the various challenges and opportunities for the industry?
Key Players
This section covers the business overview and financials of major domestic and international players currently operating in the Indian women apparel industry, including Provogue India Ltd., Pantaloon Retail (India) Ltd., Page Industries, and Donna Karan International Inc.
Research Methodology
Information Sources
Information has been sourced from various credible sources like books, newspapers, trade journals and white papers, industry portals, government agencies, trade associations, monitoring industry news and developments, and through access to over 3000 paid databases.
Analysis Method
The analysis methods include ratio analysis, historical trend analysis, linear regression analysis using software tools, judgmental forecasting, and cause and effect analysis.
For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM127.htm
Check DISCOUNTED REPORTS on: http://www.rncos.com
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RNCOS Releases a New Report- Indian Pension Fund Market Forecast to 2013
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RNCOS has recently added a new Market Research Report titled, “Indian Pension Fund Market Forecast to 2013” to its report gallery. Pension fund industry has a very bright future in India. Favorable savings pattern, growing life expectancy and government initiatives like pension reforms are making India as one of the potential prospects for investors looking for pension businesses, according to “Indian Pension Fund Market Forecast to 2013” our new research report.
Majority of working population in India expects to have better quality of life or atleast maintain the current living standards after retirement. This is the prime reason – why pension plans today account for around 39% of insurance industry’s total business. Life insurers’ pension and annuity fund is forecasted to grow at a CAGR of around 39% between 2008-09 and 2012-13. However, more potential lies under New Pension System (NPS) proposed by the central government.
The report provides comprehensive research and in-depth analysis along with information on current and future performance of pension market in India. It will help clients to identify the leading-edge opportunities critical to the success of emerging pension market in the country. The report thoroughly studies the Indian pension market structure to enable clients to understand the market dynamics and align their investment strategies accordingly.
Key Industry Forecasts to 2013
- Private life insurers’ pension and annuity fund
- Pension and annuity fund by LIC and private insurers
- Life expectancy
- Health care spending per Head
- Young age population
The forecast provided in this report is not based on a complex economic model, but is intended as a rough guide to the direction in which the market is likely to move. This forecast is based on a correlation between past market growth and growth of base drivers.
Key Players
This section provides a business overview and pension plans of several prominent players in the industry, including Life Insurance Corporation of India (LIC), SBI Life, ICICI Prudential, HDFC Standard Life and TATA AIG Life.
For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM016.htm
Check DISCOUNTED REPORTS on: http://www.rncos.com
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Middle East Retail to Witness 13% Growth
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Middle East retail sector is witnessing unprecedented growth, making the region one of the world’s fastest growing retail environments. According to a recent report from RNCOS “Middle East Retail Sector Forecast to 2013”, the revenue generated by retail industry in the region witnessed a marginal decline in 2008 as compared to other markets across the globe. Overall retail sales declined by mere 5% in 2008; however, it is expected to grow by 10% in 2009 and 13% during 2009-2013.
Over a period of time, Saudi Arabia and UAE have emerged as the most potential and dynamic retail markets across the region. These two markets have continued to dominate the retail industry landscape from more than a decade and will continue to do the same in coming years also. The presence of large expatriate population and majority of the region’s retail investment in these countries has helped in maintaining the growth momentum of these two retails markets.
In our opinion, there will be a marginal effect of the 2008 financial crisis on the Middle East’s retail market. Strong economic fundamentals and well protected banking system will shield the region from the aftermath of the financial crisis. We think the declining oil prices may be cause for concern for most the oil exporting countries, but it will be short-lived as improving economic conditions and increasing fuel consumption will drive the oil prices northwards.
We expect that total retail sales in the Middle East region will reach close to US$ 700 Billion by 2013. Majority of growth in the region will be driven by increasing consumer confidence and rapidly changing market dynamics, especially in the UAE and Saudi Arabia. We expect that these two markets will continue dominating the region’s retail industry landscape in future also due to concentration of regional purchasing power and rising investments level.
“Middle East Retail Sector Forecast to 2013” offers comprehensive research and rational analysis on the retail industry of the Middle East. It gives detailed information on the retail industry of various countries in the region with focus on every aspect underlining the key issues related to the industry. The report also helps clients to analyze the opportunities and challenges critical to the success of the retail industry in the region.
For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM196.htm
Check DISCOUNTED REPORTS on: http://www.rncos.com
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RNCOS Releases a New Report- China Apparel Industry - New Opportunities for Growth
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RNCOS has recently added a new Market Research Report titled, “China Apparel Industry - New Opportunities for Growth” to its report gallery. Rapid economic transformation and government efforts have made China a dominant player in the global textile and apparel trade. Chinese textile and apparel products now constitute an important segment of apparel and textile markets of various developed and developing economies. The country has gained a competitive edge on account of its favorable economic environment, government support, tariffs and tax incentives, SEZ culture, and low labor and raw material cost.
The changing retail industry landscape, coupled with rising purchasing power and increasing influence of Western culture, is also giving a new meaning to the domestic apparel market of China. The emergence of middle class, growing young population and rapid globalization of culture is fuelling the demand for branded apparel in the country. This is attracting the foreign and domestic players to tap the rising demand of branded (as well as mass) segment products.
The emergence of China as one of the largest consumer markets will spur the apparel consumption in coming years. Consumers will prefer more fashionable and branded products. Despite the rise in purchasing power and preference for branded products, mass segment products will continue dominate the apparel purchase. Changing trends and rising consumption will give rise to a new era of apparel and textile industry in China, says “China Apparel Industry - New Opportunities for Growth”, a new research report by RNCOS. As per the report, the global financial crises of 2008 and changing market conditions at globe level will not affect China’s dominance in apparel and textile industry.
The research report critically evaluates the current and past performance of the industry and gives a detailed overview on it. It studies the latest industry trends and summarizes the important factors related to growth of the industry.
The report thoroughly evaluates the opportunities and factors critical to the success of the apparel and textile industry in China. It underlines the issues related to the success of the industry and provides a prudent analysis on its various aspects. It presents a comprehensive overview of the past and current performance of the industry, including textile and apparel industry.
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Indian Credit Card Spending to Grow at 19%
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According to our new research report, “Indian Payment Card Market Forecast to 2012”, payments through credit cards at point of sales (POS) terminals is projected to surge at a CAGR of about 19% in the next few years. The projected growth rate is significantly low compared to the previous growth of more than 30%, which has largely been hit by the current financial crisis affecting the Indian economy.
In past few years, credit card market has shown remarkable developments. Banks had issued more than 27 Million credit cards at the end of FY 2008, but the number has dropped in current fiscal as the current liquidity crunch has made banks more cautious on their move regarding credit card issuance. “Banks are reviewing their credit card limits in wake of the economic slowdown and credit crunch to reduce the possible risk of defaults to its existing and potential new customers. It doesn’t mean that banks will stop issuing new cards”, says a Senior Research Analyst at RNCOS.
Our report has done thorough analysis of the possible consequences of downturn on the Indian credit card market. “One should understand the fact that the credit card spending is not going to halt, but the growth will slowdown and consumers will be more cautious on their spending” says the Analyst. Consumers are still using credit cards for payment transactions. Credit card payment transactions stood at over Rs 228 Billion at the end of FY 2008. In first eight months of the FY 2009, the spending grew by more than 23% compared to the same period last fiscal, and we see double digit growth in this spending during forecasted period.
“Indian Payment Card Market Forecast to 2012” provides extensive research and rationale analysis on the payment card market in India. Having adjusted to the current market situation, the report reveals that the number of credit card issuance is projected to grow at a CAGR of nearly 15% in the forecasted period. Various factors responsible for this future growth and possible deterioration have been thoroughly covered in the research.
For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM006.htm
Check DISCOUNTED REPORTS on: http://www.rncos.com
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