Retail in Costa Rica

Best Price Guarantee	Length	Publisher	Published Date	SKU
from $2,100	36 Pages	Euromonitor International	March, 2023	EP17849080

Best Price Guarantee
Price	from $2,100
Length	36 Pages
Publisher	Euromonitor International
Published Date	March, 2023
SKU	EP17849080

Retail in Costa Rica

Retailing in Costa Rica was challenged in 2022, with rising inflation and price hikes impacting consumer buying habits. In addition, high levels of unemployment in the country continued to impact household budgets, shaping purchasing decisions. This resulted in a year of mixed results, with e-commerce and warehouse clubs posting positive results, while retail growth was challenging for small local grocers and foods/drink/tobacco specialists as consumers sought cheaper price points. As such, many...

Euromonitor International's Retail in Costa Rica 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.

Product coverage: Retail E-Commerce, Retail Offline.

Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.

Why buy this report?
* Get a detailed picture of the Retail 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.

Retail in Costa Rica
Euromonitor International
March 2023
List Of Contents And Tables
RETAIL IN COSTA RICA
EXECUTIVE SUMMARY
Retail in 2022: The big picture
Informal retail
What next for retail?
MARKET DATA: Table 1 Sales in Retail by Retail Offline vs Retail E-Commerce: Value 2017-2022; Table 2 Sales in Retail by Retail Offline vs Retail E-Commerce: % Value Growth 2017-2022; Table 3 Sales in Retail Offline by Channel: Value 2017-2022; Table 4 Sales in Retail Offline by Channel: % Value Growth 2017-2022; Table 5 Retail Offline Outlets by Channel: Units 2017-2022; Table 6 Retail Offline Outlets by Channel: % Unit Growth 2017-2022; Table 7 Retail GBO Company Shares: % Value 2018-2022; Table 8 Retail GBN Brand Shares: % Value 2019-2022; Table 9 Retail Offline GBO Company Shares: % Value 2018-2022; Table 10 Retail Offline GBN Brand Shares: % Value 2019-2022; Table 11 Retail Offline LBN Brand Shares: Outlets 2019-2022; Table 12 Retail E-Commerce GBO Company Shares: % Value 2018-2022; Table 13 Retail E-Commerce GBN Brand Shares: % Value 2019-2022; Table 14 Forecast Sales in Retail by Retail Offline vs Retail E-Commerce: Value 2022-2027; Table 15 Forecast Sales in Retail by Retail Offline vs Retail E-Commerce: % Value Growth 2022-2027; Table 16 Forecast Sales in Retail Offline by Channel: Value 2022-2027; Table 17 Forecast Sales in Retail Offline by Channel: % Value Growth 2022-2027; Table 18 Forecast Retail Offline Outlets by Channel: Units 2022-2027; Table 19 Forecast Retail Offline Outlets by Channel: % Unit Growth 2022-2027
DISCLAIMER
SOURCES: Summary 1 Research Sources
GROCERY RETAILERS IN COSTA RICA
KEY DATA FINDINGS
2022 DEVELOPMENTS
Wal-Mart's expansion plan drives employment and increases visibility
World Cup supporters boost sales through grocery retailers in 2022
Players invest in e-commerce and creative strategies to boost sales
PROSPECTS AND OPPORTUNITIES
Inflation impacts consumers purchasing, while retail value growth remains positive
Urban migration creates ongoing opportunities for supermarkets and hypermarkets
Hyperlocal delivery services become valuable partners for grocery retailers
CHANNEL DATA: Table 20 Grocery Retailers: Value Sales, Outlets and Selling Space 2017-2022; Table 21 Grocery Retailers: Value Sales, Outlets and Selling Space: % Growth 2017-2022; Table 22 Sales in Grocery Retailers by Channel: Value 2017-2022; Table 23 Sales in Grocery Retailers by Channel: % Value Growth 2017-2022; Table 24 Grocery Retailers Outlets by Channel: Units 2017-2022; Table 25 Grocery Retailers Outlets by Channel: % Unit Growth 2017-2022; Table 26 Grocery Retailers GBO Company Shares: % Value 2018-2022; Table 27 Grocery Retailers GBN Brand Shares: % Value 2019-2022; Table 28 Grocery Retailers LBN Brand Shares: Outlets 2019-2022; Table 29 Grocery Retailers Forecasts: Value Sales, Outlets and Selling Space 2022-2027; Table 30 Grocery Retailers Forecasts: Value Sales, Outlets and Selling Space: % Growth 2022-2027; Table 31 Forecast Sales in Grocery Retailers by Channel: Value 2022-2027; Table 32 Forecast Sales in Grocery Retailers by Channel: % Value Growth 2022-2027; Table 33 Forecast Grocery Retailers Outlets by Channel: Units 2022-2027; Table 34 Forecast Grocery Retailers Outlets by Channel: % Unit Growth 2022-2027
NON-GROCERY RETAILERS IN COSTA RICA
KEY DATA FINDINGS
2022 DEVELOPMENTS
Appliances and electronics specialist, RadioShack, reopens its doors
Competition in apparel and footwear as international player, H&M, joins the landscape
Second-hand options are rising competition for non-grocery retailers
PROSPECTS AND OPPORTUNITIES
Costa Rica able to import and distribute certain mediations from 2023
E-commerce players are a growing threat to the success of non-grocery retailers
Opportunity for the development of premium brands over the forecast period
CHANNEL DATA: Table 35 Non-Grocery Retailers: Value Sales, Outlets and Selling Space 2017-2022; Table 36 Non-Grocery Retailers: Value Sales, Outlets and Selling Space: % Growth 2017-2022; Table 37 Non-Grocery Retailers GBO Company Shares: % Value 2018-2022; Table 38 Non-Grocery Retailers GBN Brand Shares: % Value 2019-2022; Table 39 Non-Grocery Retailers LBN Brand Shares: Outlets 2019-2022; Table 40 Non-Grocery Retailers Forecasts: Value Sales, Outlets and Selling Space 2022-2027; Table 41 Non-Grocery Retailers Forecasts: Value Sales, Outlets and Selling Space: % Growth 2022-2027; Table 42 Forecast Sales in Non-Grocery Retailers by Channel: Value 2022-2027; Table 43 Forecast Sales in Non-Grocery Retailers by Channel: % Value Growth 2022-2027; Table 44 Forecast Non-Grocery Retailers Outlets by Channel: Units 2022-2027; Table 45 Forecast Non-Grocery Retailers Outlets by Channel: % Unit Growth 2022-2027
DIRECT SELLING IN COSTA RICA
KEY DATA FINDINGS
2022 DEVELOPMENTS
Beauty and personal care direct selling posts the highest growth in 2022
Belcorp continues to lead as sellers focus on the use of social media platforms
Recruitment rises as lower-income households need to supplement income
PROSPECTS AND OPPORTUNITIES
Direct sellers implement strategies to boost sales, including physical locations
Positive outlook for consumer health direct selling across the forecast period
Influencer culture and social media boosts opportunities for direct sellers
CHANNEL DATA: Table 46 Direct Selling by Product: Value 2017-2022; Table 47 Direct Selling by Product: % Value Growth 2017-2022; Table 48 Direct Selling GBO Company Shares: % Value 2018-2022; Table 49 Direct Selling GBN Brand Shares: % Value 2019-2022; Table 50 Direct Selling Forecasts by Product: Value 2022-2027; Table 51 Direct Selling Forecasts by Product: % Value Growth 2022-2027
RETAIL E-COMMERCE IN COSTA RICA
KEY DATA FINDINGS
2022 DEVELOPMENTS
Retail e-commerce records double-digit current retail value growth in 2022
Social-commerce offers solid opportunities for small and medium business
Tiendamia continues to expand, offering goods from major retailers
PROSPECTS AND OPPORTUNITIES
5G capabilities are essential to the continued growth of e-commerce
Foods, drinks, appliances and electronics e-commerce set to perform well
Local players broaden their e-commerce footprint to remain competitive
CHANNEL DATA: Table 52 Retail E-Commerce by Product: Value 2017-2022; Table 53 Retail E-Commerce by Product: % Value Growth 2017-2022; Table 54 Forecast Retail E-Commerce by Product: Value 2022-2027; Table 55 Forecast Retail E-Commerce by Product: % Value Growth 2022-2027