In 2023, discounters in South Africa continued to record dynamic growth across all indicators. Despite decelerated food inflation, estimated at an average of 8.5% over 2023 as a whole compared to a 14-year high of 14.4% in March, South African consumers remained constrained by challenging economic conditions, which translated into stagnating real GDP growth at 0.3% and a persistently high unemployment rate at above 32%.
Euromonitor International's Discounters in South Africa 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 South Africa
Euromonitor International
February 2024
List Of Contents And Tables
DISCOUNTERS IN SOUTH AFRICA
KEY DATA FINDINGS
2023 DEVELOPMENTS
Discounters continue to attract cash-strapped consumers in South Africa
Pick 'n' Pay Retailers accelerates rollout of Boxer stores
U-Save expands in rural areas as competition intensifies
PROSPECTS AND OPPORTUNITIES
Persisting income divide will continue supporting sales through discounters
Brand share likely to remain consolidated among leading players
Technology will gradually make its way to discounters
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