Category: Food & Grocery Retailing
Food & Grocery Retailing market research reports by Euromonitor International
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Retail in Belgium
Retail in Belgium Retail in Belgium saw only modest growth in current value terms in 2023. This was mainly due to inflationary pressures, in the light of still rising food prices, which placed a strain on household budgets. With consumers remaining pessimistic about the general economic situation, t ... Read More
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Retail in Egypt
Retail in Egypt Retail in Egypt witnessed numerous challenges throughout 2023 amid a tough economic situation. The ongoing devaluation of the local currency, the rate of inflation reaching new highs, the effects of the ongoing war in Ukraine, joined by the security crisis in the Red Sea towards the ... Read More
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Retail in Denmark
Retail in Denmark The retail market in Denmark saw stagnation in current value terms in 2023. The Danish economy is doing well compared to many other countries and has seen low unemployment and a declining rate of inflation. However, consumers continue to face economic challenges, as energy prices r ... Read More
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Retail in Peru
Retail in Peru Retail in Peru has experienced a sustained increase in prices since 2021, but the situation has worsened in recent years with inflation soaring and remaining high in 2023. Although local brands are well established in Peru, many of the final products and supplies are imported. Rising ... Read More
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Egypt Retail
Retail in Egypt Retail in Egypt witnessed numerous challenges throughout 2023 amid a tough economic situation. The ongoing devaluation of the local currency, the rate of inflation reaching new highs, the effects of the ongoing war in Ukraine, joined by the security crisis in the Red Sea towards the ... Read More
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Supermarkets in Spain
Supermarkets in Spain Maradona confirmed its position as the leading chain of Spanish supermarkets in value terms in 2023 despite ranking second in terms of the number of outlets. The company strengthened its brand equity through intensified promotional campaigns, including lowering the pricing of 5 ... Read More
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Supermarkets in Taiwan
Supermarkets in Taiwan Supermarkets in Taiwan recorded steady value sales growth in 2023, a year marked by digitalisation efforts as well as an expansion in home delivery services. Uni-President officially acquired Carrefour's business in Taiwan on Nov 14, 2022. This acquisition encompassed Carrefou ... Read More
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Supermarkets in Hungary
Supermarkets in Hungary Supermarkets saw a decline in value sales in Hungary in 2023, following the positive performance seen in 2022 as the channel benefitted from the normalisation patterns following the era of the pandemic. In 2023, however, the channel is being affected by a number of cross-cate ... Read More
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Small Local Grocers in Hungary
Small Local Grocers in Hungary Small local grocers saw robust value sales in Hungary in 2023, driven by the rise of urbanisation, busy consumer lifestyles, and the convenience which small local grocers offer due to their proximity benefits. Whilst small local grocers have also been affected by some ... Read More
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Retail in Slovakia
Retail in Slovakia It was a poor trading year for retail in Slovakia in 2023. With inflation still being high, as well increasing interest rates leading to higher mortgage payments, consumers felt the pinch. As such, there was only marginal growth in current value sales, with constant value sales fa ... Read More
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Retail in Thailand
Retail in Thailand Thailand’s retail industry in 2023 continued to evolve and improve, responding to growing demand from consumers with convenience as a key driver. The wholesale and retail sectors, along with the vehicle maintenance and household goods sectors, have contributed considerably to the ... Read More
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Supermarkets in Norway
Supermarkets in Norway In 2023, grocery retailers engaged in price wars as they reacted to weaker consumer confidence and tried to support consumers facing higher costs of living. Food prices continued to increase significantly as costs soared across the value chain, although energy costs remain a k ... Read More
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Retail in Vietnam
Retail in Vietnam Retail in Vietnam struggled in 2023, facing pressures from inflation and a weakening export market, among other things. Local consumers cut back on spending which negatively impacted several retail categories, including appliances and electronics specialists and direct selling. By ... Read More
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Small Local Grocers in Norway
Small Local Grocers in Norway Small local grocers accounts for a negligible share of overall value sales within grocery retailers. Like most other grocery retail channels, small local grocers saw exceptional current value growth in 2020 in the first year of the pandemic, as consumers cooked more at ... Read More
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Retail in Singapore
Retail in Singapore Retail in Singapore has left the impact of the pandemic behind following the easing of restrictions, and has continued with resilient, albeit slower, growth in 2023. The full-scale resumption of social activities and the reopening of international borders for travel have seen con ... Read More
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Retail E-Commerce in Singapore
Retail E-Commerce in Singapore E-commerce in Singapore experienced a marginal decline in value sales in 2023 due to the normalisation of shopping habits. This was expected, given the sharp growth recorded by the channel during the pandemic, when consumers had limited alternatives and were driven by ... Read More
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Retail in Taiwan
Retail in Taiwan Retail in 2023 presented a mixed landscape in Taiwan, marked by economic challenges as the country grappled with a recession in the first quarter. This downturn was primarily attributed to a decline in exports and subdued global demand for semiconductor chips. Nevertheless, the reta ... Read More
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Retail in Spain
Retail in Spain Retail in Spain continued to be impacted by high inflation in 2023, with high energy and fuel prices putting pressure on operators and leading to rising prices for the consumer. The Spanish government tried to mitigate the increase in prices by introducing 0% VAT on key food products ... Read More
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Small Local Grocers in Taiwan
Small Local Grocers in Taiwan Small local grocers in Taiwan recorded solid growth in value sales in 2023. The country boasts over 300 night markets, housing about 20,000 vendors and merchants, with a majority situated in towns and rural areas. These vibrant hubs represent the Taiwanese enthusiasm fo ... Read More
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Supermarkets in Vietnam
Supermarkets in Vietnam Supermarkets in Vietnam saw significant growth in 2023, with notable increases in terms of both current value sales and the number of outlets, driven by the aggressive expansion strategies of key players. Local consumers in suburban and rural areas are increasingly drawn towa ... Read More
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Supermarkets in Singapore
Supermarkets in Singapore Despite a marginal value sales decline in 2023, supermarkets in Singapore remained the most popular format of grocery retailers in the local market, with value sales still remaining higher than pre-pandemic levels, and the number of outlets continuing to climb. Many local c ... Read More
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Supermarkets in Slovakia
Supermarkets in Slovakia Supermarkets in Slovakia lost out to discounters in 2023, as continuing high inflation saw consumers increasingly shop in discounters. Consumers also sought out discounts in supermarkets as they were highly price sensitive. As such, supermarket registered a fall in both curr ... Read More
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Supermarkets in Thailand
Supermarkets in Thailand Current value sales continued to rise for supermarkets in Thailand in 2023, at a rate that was significantly faster than that posted in 2022. Supermarket operators in the country tend to target middle- to upper-income consumers, who are somewhat less vulnerable to economic f ... Read More
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Retail in South Africa
Retail in South Africa In 2023, the retail landscape in South Africa remained challenged by the operating environment, translating into slow economic growth, which left unemployment at a relatively high level. As inflation remained above the South African Reserve Bank Target, households were further ... Read More
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Supermarkets in Morocco
Supermarkets in Morocco Moroccan consumers exhibit a pronounced sensitivity to prices and often rely on traditional supply methods, prioritising trust and availability when selecting vendors. A positive store image is thus crucial in their purchasing decisions. While rural populations predominantly ... Read More
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