Category: Franchise
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The Future of Franchising in Hungary
Hungary, located in a key area of Central Europe, is becoming an appealing market for international franchises. With a population of about 10 million and a growing economy, there is an increasing demand for innovation. The franchise sector in Hungary has experienced steady growth, and recent trends suggest that this momentum will continue.Various corporations have…
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Vietnam’s E-commerce Key Insight: The Latest Report
E-commerce in Vietnam is growing, recording $20.5 billion in revenue in 2023, driven by expanding access to the internet and developing middle class with increasingly evolving customer habits. Other popular platforms like Shopee and TikTok Shop hold sway over the market, while social commerce and mobile-first strategies catalyze its rapid growth. In other words, e-commerce…
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AlphaGraphics’ Journey in Brazil: A Franchise Success Story
35 years ago, AlphaGraphics, one of the most renowned global brands in printing and visual communication, took a bold and visionary step by entering the Brazilian market as a Master Franchisee. This decision marked the beginning of a journey filled with challenges, achievements, and transformations that would lead AlphaGraphics to consolidate itself as one of…
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Turkey’s Digital Age and its Effects on the Printing Industry
The future of the business landscape in Turkey is evolving constantly, driven by economic growth and changing demands across the many industries. Turkey has always been a pivotal country in terms of trade due to its position between the Middle East, Asia, and Europe. This location, paired with a young, tech-oriented workforce, allows for the…
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Navigating Denmark’s CEP Industry: Opportunities and Trends
In Denmark, the development of automation, AI-driven logistics, and sustainable practices has brought rapid changes in the courier, express, and parcel services industry. The leading companies, such as GLS Denmark, Cartken, and DHL, use innovative technologies that will improve the speed of delivery, enhancing consumer satisfaction while contributing less to environmental impact.The growth of the…
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Vietnamese Market’s Challenges & Development in the Printing & Marketing Industry 2024
Vietnam’s printing industry has experienced remarkable growth in recent years, with revenue increasing by an average of 10% each year between 2010 and 2020. The industry makes up roughly 1% of the national GDP and employs approximately one million people. However, the industry is under increasing pressure from new technologies such as digital and 3D…
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Norway’s eCommerce Market: Growth Fueled by Innovation and Consumer Engagement
The eCommerce market in Norway is experiencing consistent growth, with revenue projected to hit USD 8.7 billion in 2024. This upward trend is expected to continue, with an annual growth rate (CAGR) of 8.88% from 2024 to 2029, potentially reaching USD 13.31 billion by 2029. While smaller than major markets like China, which is anticipated…
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E-commerce in Brazil: Navigating a Thriving Digital Landscape in 2024
The e-commerce sector in Brazil has experienced remarkable growth in recent years, solidifying its position as a leader in Latin America. By 2024, it is expected to account for approximately 28.5% of the region’s total market share, driven by increased digitalization and evolving consumer preferences. This rapid growth presents significant opportunities for businesses aiming to…
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The Vital Role of Taiwan’s SMEs: Driving Growth, Innovation, and Global Competitiveness
Taiwan’s small and medium enterprises (SMEs) have experienced significant growth in recent years, contributing greatly to the nation’s economy and job market. The 2023 White Paper on SMEs in Taiwan reports that there are 1.63 million SMEs, which represent 98.9% of all businesses in the country. These enterprises employ around 9.13 million people, making up…
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Macao’s Trade Transformation and New Peaks in Service Exports
Known for its vibrant tourism industry, Macao is experiencing a dramatic change in its import and export patterns. In the first quarter of 2024, Macao’s Gross Domestic Product (GDP) hit MOP 104.81 billion (USD 13.10 billion), marking a strong year-on-year growth of 25.7% in real terms. This growth is largely fueled by a remarkable increase…