Focus: Asia Franchise Markets 2016 | Page 9

Overview. Franchise Sectors Although franchises cover over 70 industries the top 3 sectors are: Retail Catering Services In addition to our other articles about China, the market is especially appealing to new brands because of the development of consumers-they are a lot more open to new experiences and are becoming sophisticated and knowledgeable. This represents a broad range of opportunity for new foreign franchisors to entice these quickly evolving consumers. An experienced franchise consultant should be able to highlight key franchise sectors and trends and smoothly steer you through the franchise process! According to the China chain store & franchise association survey, sectors that receive widespread attention from franchise enterprises and franchisees include: Children’s education and training. Online shopping. Economy hotel. Convenience store. Car rental. Domestic service. Products for babies. Hotpot cuisine. Drinks for leisure time.