Europe Retail Market Review by Sector, Country and Consumer Insights, Q1 2024 Update

Europe Retail Market Review by Sector, Country and Consumer Insights, Q1 2024 Update

Summary

Understand what is driving sales in Europe by sector and country, the impact of the economy on consumers' purchases and updates on retailers' corporate filings and strategy news in Q1 2024.

The European retail market will grow out to 2028, boosted by spend in the food & grocery sector
Europe's health & beauty will be the slowest growing sector globally between 2023 to 2028Clothing & footwear sales are expected to account for a smaller share of the market by 2028 as consumers spend on secondhand products and make more considered purchases
Europe's online penetration is expected to rebound in 2024 as European shoppers become more inclined to shop online to reduce costs
High inflation persists across Europe dampening sales in non-essential sectors

Reasons to Buy

Understand the key trends in the European market across a range of sectors and how your can adapt to them
Access key data on how retailers are expanding offline channels and new strategy updates to better target campaigns
Use our analysis of Europe's key sectors to identify the opportunities for growth at a country level