Category: Retailing
Retailing market research reports by Euromonitor International
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Convenience Retailers in Australia
While value sales of convenience retailers in Australia, both via convenience stores and forecourt retailers, recorded low growth in 2024, the number of outlets in the channel continued to rise. A number of retailers expanded their networks during the year, including Ampol Ltd, 7-Eleven Stores Pty L ... Read More
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Discounters in Australia
Value sales through discounters in Australia fell in 2024, as the only brand in the channel, Aldi, closed underperforming stores. Nevertheless, value sales and store count remained significantly higher than pre-pandemic levels, with discounters still proving popular with price-sensitive consumers at ... Read More
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Home Products Specialists in Australia
Home products specialists in Australia recorded a weak performance in 2024, driven by the value sales decline of home improvement and gardening stores, which dominates the channel. On the other hand, homewares and home furnishing stores recorded flat growth during the year, as many consumers delayed ... Read More
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Retail E-Commerce in Australia
E-commerce in Australia continued to record solid growth in 2024. Two of the main factors contributing to its performance, and will continue to drive growth in the coming years, is the convenience of the platform and the pricing strategy of many online platforms. Consumers are able to quickly and ea ... Read More
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Health and Beauty Specialists in Australia
Beauty specialists in Australia recorded further dynamic growth in 2024, following a strong performance in 2022 and 2023. One of the ways in which beauty specialists has maintained growth during an economic downturn is through an established phenomenon called the “lipstick effect”, which involves co ... Read More
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General Merchandise Stores in Australia
After a strong rebound in 2022 as pandemic-related restrictions were eased, department stores in Australia struggled to maintain momentum in 2023 and 2024, with minimal growth in retail value terms. The end of the lockdowns offered a short period of strong sales followed swiftly by high inflation an ... Read More
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Direct Selling in Australia
The growth of direct selling in Australian significantly slowed in 2024 as consumers shifted to other channels. Namely, the growth of e-commerce has impacted direct selling as many consumers increasingly prefer to use online platforms due to the convenience of being able to access a wide range of pr ... Read More
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Hypermarkets in Australia
Following several years of dynamic value growth, hypermarkets in Australia recorded a more subdued performance in 2024. Despite an easing of inflation in the country, household savings continued to fall due to higher interest rates. This, in turn, impacted consumer spending as they looked to budget. ... Read More
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Apparel and Footwear Specialists in Australia
Purchasing apparel and footwear is deemed discretionary, and therefore apparel and footwear specialists in Australia were impacted by the cost-of-living crisis at the end of the review period, recording a second consecutive year of weak value growth in 2024. Prolonged economic uncertainty has result ... Read More
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Supermarkets in Australia
Supermarkets in Australia continued to record positive value sales growth during 2024, albeit more slowly compared to previous years, as high prices, in part driven by food inflation, despite the general easing of inflation in Australia, placed further pressure on consumers’ ability to pay for discr ... Read More
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Retail in Australia
Retail in Australia continued to record low current value growth in 2024. Despite inflation in the country marginally easing during the year, household savings continued to fall due to higher interest rates. This scenario continued to impact consumers’ ability or willingness to spend as they looked ... Read More
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General Merchandise Stores in Singapore
In 2024, general merchandise stores in Singapore struggled as a result of the strong Singapore dollar, which has influenced consumer spending in multiple ways. With rising living costs and greater caution around discretionary expenditure, many Singaporeans have reduced their outlay on non-grocery me ... Read More
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Home Products Specialists in Indonesia
Home products specialists saw value sales stagnate in current terms in Indonesia in 2024, Home improvement and gardening stores experienced further growth, at a slightly higher rate than in the previous year. Indeed, each of the top four players in the category experienced positive value sales growt ... Read More
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Retail E-Commerce in Indonesia
Retail e-commerce saw further strong current value growth in Indonesia in 2024. Overall, the increase in the number of internet users in the country and increased access to the internet in more rural areas were key reasons behind the strong performance of e-commerce during the year. Euromonitor Inte ... Read More
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Hypermarkets in Saudi Arabia
Hypermarkets registered another strong performance in Saudi Arabia over 2024, fuelled by urbanisation, rising consumer expenditure and the country’s Vision 2030 initiatives. Hypermarkets are expanding into new urban locations where there is high demand for convenient all-in-one shopping experiences. ... Read More
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General Merchandise Stores in Saudi Arabia
General merchandising stores in Saudi Arabia witnessed a mixed performance in 2024. Department stores face several challenges and have not yet seen value sales return to pre-pandemic levels. By comparison, variety stores are prospering as they benefit from their ability to cater to budget-conscious ... Read More
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Home Products Specialists in Saudi Arabia
Consumer demand for home products is being driven by urbanisation, the steady rise in average disposable income, and more diversified offerings in homeware and furniture stores. The Saudi government continues to invest in residential homes to reach the targeted 70% home ownership by 2030. As more pe ... Read More
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Supermarkets in Singapore
Supermarkets remained Singapore’s most popular grocery channel in 2024. The modest store sizes and accessible layouts of supermarkets are well-suited to local lifestyles, allowing busy consumers to shop quickly for day-to-day needs without navigating the more extensive inventories of hypermarkets. B ... Read More
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Hypermarkets in Singapore
Hypermarket players in Singapore continued to focus heavily on differentiation in 2024, though the channel suffered from deep declines in terms of both value sales and outlet numbers. Operators have been supplementing hypermarkets’ core offer with specific services such as foodservice and recreation ... Read More
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Apparel and Footwear Specialists in Singapore
Apparel and footwear specialists in Singapore saw a notable sales decline in 2024. Various factors contributed to this setback, including the rising cost of living and an economic climate that is making consumers reluctant to spend on non-essential items. Local shoppers, grappling with increasing fi ... Read More
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Home Products Specialists in Singapore
Home products in Singapore was supported in part by rising pet ownership in 2024, which has been on an upward trajectory throughout the review period. Growth in pet ownership supported by an expanding ‘pawrents’ movement wherein consumers see their pets as not just animals, but equal members of the ... Read More
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Hypermarkets in Indonesia
Hypermarkets saw modest current value growth in Indonesia in 2024. The number of outlets was more stable during the year, having declined significantly in 2023. The increase in sales per outlet experienced by most of the players in this category was due to the closure of underperforming stores in 20 ... Read More
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Discounters in Saudi Arabia
Retail value sales continued to grow rapidly in discounters, albeit from a low base, as this is a small category in Saudi Arabia. Outlet expansion in the discounter channel was aggressive in 2024, led by Al Dukan Retailing Co which is now backed by Kanyon Ltd, one of the leading discount retailers i ... Read More
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Retail in Saudi Arabia
In the year 2024, retail in Saudi Arabia witnessed steady growth in current value terms aided by improvements in consumer confidence and the rising propensity to spend. Easing inflationary pressures and declining unemployment have led to higher disposable income, whilst the steady influx of women in ... Read More
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Health and Beauty Specialists in Singapore
Health and beauty specialist retailers in Singapore saw value sales rise in 2024. Players recognise that consumers move fluidly between physical and digital channels, especially when shopping for experiential products such as perfume. These retailers are thus pursuing an omnichannel presence to meet ... Read More