Continuing with our earlier article please find some more interesting facts about emerging markets, which will highlights how attractive emerging markets are:
1. India to Post Rapid Growth in Supermarket Sales
In the recent past, India’s supermarket sales have been lagging behind that of other emerging countries. However, supermarket sales in India are expected to pick up going forward. According to research forecasts, supermarket sales in India is expected to increase from USD 1.8 billion in 2013 to USD 5 billion in 2015.
2. EM Are Reshaping US Inbound Travel
Over the past few years, the main profile of visitors to the US have changed, with emerging markets such as China overshadowing developed markets including Canada and Western Europe. Not only are more Chinese travelling to the US, but they are spending more than their peers from the traditional markets. In 2013, the average Chinese traveler was expected to spend USD 6,000 on a trip to the US, which is 50% higher than the corresponding figure from mature market.
3. China, Another Giant in Patent Applications
Even though China has a reputation for its imitation markets, China is actually one of the world’s largest patent application holders along with the US and Japan. China ranked second in the number of patent applications in 2011, while the US topped the list by a large margin.
We will share some interesting facts about emerging markets especially India and China in our subsequent articles.
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