Supermarkets in China - Industry Market Research Report

Supermarkets in China - Industry Market Research Report

Supermarkets in China

The Supermarket industry in China is expected to grow at an annualized 5.7% over the five years through 2023, to total $255.5 billion. This includes a 6.3% jump in the current year. The main drivers of growth have been the government's program to establish a national rural retail network and strong growth in consumer purchasing power.

The Supermarket industry in China is part of China's retail trade sector. Supermarkets retail a broad range of food and daily goods. Most of the goods carried by supermarkets are purchased from domestic manufacturers. Operators, generally known as supermarkets or hypermarkets, then retail these goods to the general public.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.