Robust growth momentum was seen for discounters in China in 2023, with increases in both current value terms and in outlet numbers. This was driven by increasing economic uncertainty in the country, which led more Chinese consumers to seek products which offer better value for money. However, whilst price remained the most important factor driving growth, Chinese consumers still value product quality and value for money. Some consumers are also attracted by high penetration of generic brands, wh...
Euromonitor International's Discounters in China report offers insight into key trends and developments driving the industry. The report examines all retail channels to provide sector insight. Channels include hypermarkets, supermarkets, discounters, convenience stores, mixed retailers, health and beauty retailers, clothing and footwear retailers, furniture and furnishing stores, DIY and hardware stores, durable goods retailers, leisure and personal goods retailers. There are profiles of leading retailers, with analysis of their performance and the challenges they face. There is also analysis of non-store retailing: vending; homeshopping; internet retailing; direct selling, as available.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
Why buy this report? * Get a detailed picture of the Discounters market; * Pinpoint growth sectors and identify factors driving change; * Understand the competitive environment, the market’s major players and leading brands; * Use five-year forecasts to assess how the market is predicted to develop.
Discounters in China
Euromonitor International
March 2024
List Of Contents And Tables
DISCOUNTERS IN CHINA
KEY DATA FINDINGS
2023 DEVELOPMENTS
Robust demand for discounters
Small store strategy first and foremost
More players are entering the channel
PROSPECTS AND OPPORTUNITIES
Ample growth potential for hard discounters from a low base over the forecast period
Localisation will remain important
Private label is an area with growth potential
CHANNEL DATA
Table 1 Discounters: Value Sales, Outlets and Selling Space 2018-2023
Table 2 Discounters: Value Sales, Outlets and Selling Space: % Growth 2018-2023
Table 3 Discounters GBO Company Shares: % Value 2019-2023
Table 4 Discounters GBN Brand Shares: % Value 2020-2023