Tuesday, 15 November 2011

China Franchise Market Report, 2010

In 2009, the franchise industry in China developed rapidly, the number of franchise systems broke 4000, nearly 15% over 2008, the total number of franchised stores exceeded 330,000, and each franchise system had 83 franchised stores on average. By industry, franchise systems are mainly concentrated in the sectors of trade, hotels and services in China in 2009, with proportions of 44%, 30% and 26% respectively. Business service franchises, in particular, has experienced the greatest growth.

In 2009, the most important elements in the Chinese market franchise: franchise businesses in the retail industry and food is growing rapidly, several categories of industries ranked among the top 100 franchise companies in China, indicating the rapid development new service industries in franchise. In 2009, Lianhua Supermarket Holdings Co., Ltd., Sugu Supermarket Co., Ltd., YUM! Restaurants (China) Investment Company Limited, Linyi Xincheng Jinlu Meat Products Co. Ltd., and Great World Development Ltd. company profile

Wenfeng chain 5 ranked first in the field of franchising in China. In late 2009, these five companies achieved total sales revenue of RMB171.962 dollars, with 25,320 stores in the chain. Lianhua Supermarket Holdings Co., Ltd. has taken first place in recent years. From January to June 2010, there were 5040 stores, had sales totaling RMB13.009 dollars (up 5.9% year on year) and a gross profit of RMB1.753 dollars (13.8% in annual rate), showing robust growth. market research reports

For more information kindly visit : China Franchise Market Report, 2010


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