Myanmar is a republic in Southeast Asia, bordered by the Tibet Autonomous Region of China to the north; China, Laos and Thailand to the east; in the southern part of the Andama Sea and the Bay of Bengal; to the west is the Bay of Bengal, Bangladesh and India. It is officially called the Union of Myanmar. The coastal area is called Lower Myanmar, while the inland area is called Upper Myanmar. The total area of the country is 676,578 square kilometers (261,218 square miles).
Climate, Myanmar is a year-round destination. The hilly regions of the north and northeast enjoy a cool temperate climate. During the rainy season, rainfall in the central region is also very low.
Population, the Republic of the Union of Myanmar has a population of more than 60 million. The main ethnic groups are Bamar, Kachin, Kayah, Kayin, Chin, Mon, Rakhine and Shan. The people are called Myanmar. In Myanmar, technology will be part of the country's transformation. The Myanmar market is changing faster than ever. According to Oxford Business Group data, the fast-moving consumer goods industry has grown by 15% since 2011, noting that groceries, household items and personal care products account for the country’s average monthly consumer spending 47%. The auto market is also expected to grow rapidly in the medium term. According to Frost & Sullivan, as of mid-2016, the proportion of total new car sales rose to 3%, compared to less than 1% two years ago. By 2019, the automotive market will grow by an average of 7.8%. The main driving force is the growth of Myanmar's middle class. By 2020, middle-class income earners will reach 10 million (approximately 20% of the total population, and will generate a soaring demand for high-quality groceries. Myanmar is rapidly urbanizing, with about 18 million or 34% of the population living in Large cities and urban areas. The share of urbanization is expected to reach 37% in the next 3 years. About 90% of retail sales are through traditional trade, but the income of modern groceries grows 8% annually. The Myanmar Retailers Association expects that due to economic growth With changes in lifestyle, Myanmar’s retail industry will grow at an average annual rate of 16% from 2016 to 2018.
.jpg)
.jpg)