Retailing in Uruguay
The less-than-robust performance of the Uruguayan economy continues to exert a negative influence on consumer spending patterns. In turn, retailing value sales growth is slowing, particularly amongst store-based retailers. Indeed, amidst economic uncertainty, many consumers are becoming more price-conscious, often cutting their spending on non-essential items, increasingly searching for cheaper items or, in some cases, postponing purchases altogether. On the other hand, retailing channels that p...
Euromonitor International's Retailing in Uruguay 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.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
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* Get a detailed picture of the Retailing 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.
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- Retailing in Uruguay
- Euromonitor International
- April 2020
- List OF CONTENTS AND TABLES
- EXECUTIVE SUMMARY
- Sluggish economic performance continues to affect growth of retailing value sales
- Supermarkets woo consumers via service and online presence
- E-commerce benefiting from widening ownership of smartphones and new entrants
- New international entrants include Guess and Komaz
- Steady growth expected for all retailing channels as economic climate brightens
- OPERATING ENVIRONMENT
- Informal retailing
- Opening hours
- Summary 1 Standard Opening Hours by Channel Type 2019
- Physical retail landscape
- Cash and carry
- Seasonality
- Navidad (Christmas)
- Vuelta a Clases (Back to School)
- Payments and delivery
- Emerging business models
- MARKET DATA
- Table 1 Sales in Retailing by Store-based vs Non-Store: Value 2014-2019
- Table 2 Sales in Retailing by Store-based vs Non-Store: % Value Growth 2014-2019
- Table 3 Sales in Store-Based Retailing by Channel: Value 2014-2019
- Table 4 Sales in Store-Based Retailing by Channel: % Value Growth 2014-2019
- Table 5 Store-Based Retailing Outlets by Channel: Units 2014-2019
- Table 6 Store-Based Retailing Outlets by Channel: % Unit Growth 2014-2019
- Table 7 Sales in Non-Store Retailing by Channel: Value 2014-2019
- Table 8 Sales in Non-Store Retailing by Channel: % Value Growth 2014-2019
- Table 9 Non-Grocery Specialists: Value Sales, Outlets and Selling Space 2014-2019
- Table 10 Non-Grocery Specialists: Value Sales, Outlets and Selling Space: % Growth 2014-2019
- Table 11 Sales in Non-Grocery Specialists by Channel: Value 2014-2019
- Table 12 Sales in Non-Grocery Specialists by Channel: % Value Growth 2014-2019
- Table 13 Non-Grocery Specialists Outlets by Channel: Units 2014-2019
- Table 14 Non-Grocery Specialists Outlets by Channel: % Unit Growth 2014-2019
- Table 15 Retailing GBO Company Shares: % Value 2015-2019
- Table 16 Retailing GBN Brand Shares: % Value 2016-2019
- Table 17 Store-based Retailing GBO Company Shares: % Value 2015-2019
- Table 18 Store-based Retailing GBN Brand Shares: % Value 2016-2019
- Table 19 Store-based Retailing LBN Brand Shares: Outlets 2016-2019
- Table 20 Non-Store Retailing GBO Company Shares: % Value 2015-2019
- Table 21 Non-Store Retailing GBN Brand Shares: % Value 2016-2019
- Table 22 Non-Grocery Specialists GBO Company Shares: % Value 2015-2019
- Table 23 Non-Grocery Specialists GBN Brand Shares: % Value 2016-2019
- Table 24 Non-Grocery Specialists LBN Brand Shares: Outlets 2016-2019
- Table 25 Non-Grocery Specialists LBN Brand Shares: Selling Space 2016-2019
- Table 26 Forecast Sales in Retailing by Store-based vs Non-Store: Value 2019-2024
- Table 27 Forecast Sales in Retailing by Store-based vs Non-Store: % Value Growth 2019-2024
- Table 28 Forecast Sales in Store-Based Retailing by Channel: Value 2019-2024
- Table 29 Forecast Sales in Store-Based Retailing by Channel: % Value Growth 2019-2024
- Table 30 Forecast Store-Based Retailing Outlets by Channel: Units 2019-2024
- Table 31 Forecast Store-Based Retailing Outlets by Channel: % Unit Growth 2019-2024
- Table 32 Forecast Sales in Non-Store Retailing by Channel: Value 2019-2024
- Table 33 Forecast Sales in Non-Store Retailing by Channel: % Value Growth 2019-2024
- Table 34 Non-Grocery Specialists Forecasts: Value Sales, Outlets and Selling Space 2019-2024
- Table 35 Non-Grocery Specialists Forecasts: Value Sales, Outlets and Selling Space: % Growth 2019-2024
- Table 36 Forecast Sales in Non-Grocery Specialists by Channel: Value 2019-2024
- Table 37 Forecast Sales in Non-Grocery Specialists by Channel: % Value Growth 2019-2024
- Table 38 Forecast Non-Grocery Specialists Outlets by Channel: Units 2019-2024
- Table 39 Forecast Non-Grocery Specialists Outlets by Channel: % Unit Growth 2019-2024
- CORONAVIRUS (COVID-19)
- DEFINITIONS
- SOURCES
- Summary 2 Research Sources
- HEADLINES
- PROSPECTS
- Supermarkets continues to lead thanks to low prices despite challenge posed by diminishing tourist demand
- Modern grocery retailers seek to spur growth by improving the consumer shopping experience
- Hypermarkets must cope with shift to e-commerce
- COMPETITIVE LANDSCAPE
- Ta-Ta continues as leader by increasing discounts and enhancing the shopping experience
- Axion Energy Argentina continues to transform forecourts of recent acquisition Esso
- Tienda Inglesa expands into convenience stores
- CHANNEL DATA
- Table 40 Modern Grocery Retailers: Value Sales, Outlets and Selling Space 2014-2019
- Table 41 Modern Grocery Retailers: Value Sales, Outlets and Selling Space: % Growth 2014-2019
- Table 42 Sales in Modern Grocery Retailers by Channel: Value 2014-2019
- Table 43 Sales in Modern Grocery Retailers by Channel: % Value Growth 2014-2019
- Table 44 Modern Grocery Retailers Outlets by Channel: Units 2014-2019
- Table 45 Modern Grocery Retailers Outlets by Channel: % Unit Growth 2014-2019
- Table 46 Modern Grocery Retailers GBO Company Shares: % Value 2015-2019
- Table 47 Modern Grocery Retailers GBN Brand Shares: % Value 2016-2019
- Table 48 Modern Grocery Retailers LBN Brand Shares: Outlets 2016-2019
- Table 49 Modern Grocery Retailers LBN Brand Shares: Selling Space 2016-2019
- Table 50 Modern Grocery Retailers Forecasts: Value Sales, Outlets and Selling Space 2019-2024
- Table 51 Modern Grocery Retailers Forecasts: Value Sales, Outlets and Selling Space: % Growth 2019-2024
- Table 52 Forecast Sales in Modern Grocery Retailers by Channel: Value 2019-2024
- Table 53 Forecast Sales in Modern Grocery Retailers by Channel: % Value Growth 2019-2024
- Table 54 Forecast Modern Grocery Retailers Outlets by Channel: Units 2019-2024
- Table 55 Forecast Modern Grocery Retailers Outlets by Channel: % Unit Growth 2019-2024
- HEADLINES
- PROSPECTS
- Traditional grocery retailers continue to hold significant value sales lead over modern grocery retailers
- Traditional grocery retailers set to become more reliant on low-income consumers
- Venturing into e-commerce could bolster value sales of traditional grocery retailers and delay growth of competing channels
- COMPETITIVE LANDSCAPE
- Traditional grocery retailing remains highly fragmented with no stand-out company recording significant value share in 2019
- Kiosks continue to lead traditional grocery retailers but they face continue threat from attractive modern retailers
- CHANNEL DATA
- Table 56 Traditional Grocery Retailers: Value Sales, Outlets and Selling Space 2014-2019
- Table 57 Traditional Grocery Retailers: Value Sales, Outlets and Selling Space: % Growth 2014-2019
- Table 58 Traditional Grocery Retailers Forecasts: Value Sales, Outlets and Selling Space 2019-2024
- Table 59 Traditional Grocery Retailers Forecasts: Value Sales, Outlets and Selling Space: % Growth 2019-2024
- HEADLINES
- PROSPECTS
- Apparel and footwear specialist retailers sees falling value sales in 2019 as cautious consumers limit their purchases
- Declining tourist numbers in 2019 affecting performance of apparel and footwear specialist retailers
- Apparel and footwear specialist retailers anticipate channel to rebound in line with brightening economic climate
- COMPETITIVE LANDSCAPE
- Chic Parisien remains strong leader and focuses on brand evolution
- Recently arrived international behemoth H&M continues to try to drive changes in buying habits
- International players continue to be attracted by Uruguay despite economic slowdown
- CHANNEL DATA
- Table 60 Apparel And Footwear Specialist Retailers: Value Sales, Outlets and Selling Space 2014-2019
- Table 61 Apparel And Footwear Specialist Retailers: Value Sales, Outlets and Selling Space: % Growth 2014-2019
- Table 62 Apparel And Footwear Specialist Retailers GBO Company Shares: % Value 2015-2019
- Table 63 Apparel And Footwear Specialist Retailers GBN Brand Shares: % Value 2016-2019
- Table 64 Apparel And Footwear Specialist Retailers LBN Brand Shares: Outlets 2016-2019
- Table 65 Apparel And Footwear Specialist Retailers LBN Brand Shares: Selling Space 2016-2019
- Table 66 Apparel And Footwear Specialist Retailers Forecasts: Value Sales, Outlets and Selling Space 2019-2024
- Table 67 Apparel And Footwear Specialist Retailers Forecasts: Value Sales, Outlets and Selling Space: % Growth 2019-2024
- HEADLINES
- PROSPECTS
- Value sales of health and beauty specialist retailers continue to grow in 2019 despite increasing challenge by e-commerce
- Supermarkets continue to expand offerings by launching new pharmacies inside their stores
- PedidosYa app makes it easier for consumers to buy pharmacy products
- COMPETITIVE LANDSCAPE
- After enhancing its e-commerce presence, San Roque strengthens its position in 2019 by modernising its offering
- Newly arrived international player Biocosmetica Exel continues to establish a strong presence in Uruguay
- Government restriction on pharmacy expansion prompts Farmashop to launch new beauty chain Bella in 2019
- CHANNEL DATA
- Table 68 Health and Beauty Specialist Retailers: Value Sales, Outlets and Selling Space 2014-2019
- Table 69 Health and Beauty Specialist Retailers: Value Sales, Outlets and Selling Space: % Growth 2014-2019
- Table 70 Sales in Health and Beauty Specialist Retailers by Channel: Value 2014-2019
- Table 71 Sales in Health and Beauty Specialist Retailers by Channel: % Value Growth 2014-2019
- Table 72 Health and Beauty Specialist Retailers GBO Company Shares: % Value 2015-2019
- Table 73 Health and Beauty Specialist Retailers GBN Brand Shares: % Value 2016-2019
- Table 74 Health and Beauty Specialist Retailers LBN Brand Shares: Outlets 2016-2019
- Table 75 Health and Beauty Specialist Retailers LBN Brand Shares: Selling Space 2016-2019
- Table 76 Health and Beauty Specialist Retailers Forecasts: Value Sales, Outlets and Selling Space 2019-2024
- Table 77 Health and Beauty Specialist Retailers Forecasts: Value Sales, Outlets and Selling Space: % Growth 2019-2024
- Table 78 Forecast Sales in Health and Beauty Specialist Retailers by Channel: Value 2019-2024
- Table 79 Forecast Sales in Health and Beauty Specialist Retailers by Channel: % Value Growth 2019-2024
- HEADLINES
- PROSPECTS
- Mixed retailers remains a nascent channel with only one significant player
- Strong growth fuelled by low prices and economic uncertainty
- Mixed retailers continue to be hindered by limited product range
- COMPETITIVE LANDSCAPE
- Recently-arrived Lojas Renner settling in and launching new outlets
- With Lojas Renner emphasising clothing sales, apparel and footwear specialist retailers remain the department store’s primary competitors
- Lojas Renner engages consumers by offering them a chance to rate their shopping experience
- CHANNEL DATA
- Table 80 Mixed Retailers: Value Sales, Outlets and Selling Space 2014-2019
- Table 81 Mixed Retailers: Value Sales, Outlets and Selling Space: % Growth 2017-2019
- Table 82 Sales in Mixed Retailers by Channel: Value 2014-2019
- Table 83 Sales in Mixed Retailers by Channel: % Value Growth 2017-2019
- Table 84 Mixed Retailers Outlets by Channel: Units 2014-2019
- Table 85 Mixed Retailers Outlets by Channel: % Unit Growth 2017-2019
- Table 86 Mixed Retailers GBO Company Shares: % Value 2015-2019
- Table 87 Mixed Retailers GBN Brand Shares: % Value 2016-2019
- Table 88 Mixed Retailers LBN Brand Shares: Outlets 2016-2019
- Table 89 Mixed Retailers LBN Brand Shares: Selling Space 2016-2019
- Table 90 Mixed Retailers Forecasts: Value Sales, Outlets and Selling Space 2019-2024
- Table 91 Mixed Retailers Forecasts: Value Sales, Outlets and Selling Space: % Growth 2019-2024
- Table 92 Forecast Sales in Mixed Retailers by Channel: Value 2019-2024
- Table 93 Forecast Sales in Mixed Retailers by Channel: % Value Growth 2019-2024
- Table 94 Forecast Mixed Retailers Outlets by Channel: Units 2019-2024
- Table 95 Forecast Mixed Retailers Outlets by Channel: % Unit Growth 2019-2024
- HEADLINES
- PROSPECTS
- Value sales growth of direct selling continues in 2019 driven by convenience and lower prices
- Direct selling continues to benefit from its overwhelmingly female workforce
- Direct selling players taking note of the growing e-commerce channel
- COMPETITIVE LANDSCAPE
- Despite declining value share, Nuvó Cosméticos retains lead thanks to strong brands
- Beauty and personal care products continue to hold commanding position in direct selling portfolios in 2019
- Herbalife Uruguay continues to lead nutrition direct selling in 2019
- CHANNEL DATA
- Table 96 Direct Selling by Category: Value 2014-2019
- Table 97 Direct Selling by Category: % Value Growth 2014-2019
- Table 98 Direct Selling GBO Company Shares: % Value 2015-2019
- Table 99 Direct Selling GBN Brand Shares: % Value 2016-2019
- Table 100 Direct Selling Forecasts by Category: Value 2019-2024
- Table 101 Direct Selling Forecasts by Category: % Value Growth 2019-2024
- HEADLINES
- PROSPECTS
- E-commerce continues with robust growth in 2019, driven by rapid adoption by younger consumers and tech-savvy adults
- Retailers continue to develop multichannel experience for consumers
- Webrooming develops as consumer shopping patterns evolve
- COMPETITIVE LANDSCAPE
- Beyond third-party merchants, grocery retailer Henderson & Cía (Tienda Inglesa) leads e-commerce in value share in 2019
- Potential for entry of independent small grocers?
- Mercado Libre and other third-part merchants combined hold largest e-commerce value share in 2019
- CHANNEL DATA
- Table 102 E-Commerce by Channel and Category: Value 2014-2019
- Table 103 E-Commerce by Channel and Category: % Value Growth 2014-2019
- Table 104 E-Commerce GBO Company Shares: % Value 2015-2019
- Table 105 E-Commerce GBN Brand Shares: % Value 2016-2019
- Table 106 Forecast E-Commerce by Channel and Category: Value 2019-2024
- Table 107 Forecast E-Commerce by Channel and Category: % Value Growth 2019-2024
- HEADLINES
- PROSPECTS
- Mobile e-commerce continues robust growth in 2019 in line with increasing smartphone penetration
- Limited range of shopping apps hinders sales
- Smartphone penetration continues to increase in 2019, driving mobile e-commerce growth
- COMPETITIVE LANDSCAPE
- Third-party merchants capitalise on the high cost of developing mobile apps
- Leader Mercado Libre tailors offer to range of retailers and offers user-friendly app
- As more consumers turn to smartphones, retailers increasingly adopt mobile-first strategies
- CHANNEL DATA
- Table 108 Mobile E-Commerce: Value 2014-2019
- Table 109 Mobile E-Commerce: % Value Growth 2014-2019
- Table 110 Mobile E-Commerce Forecasts: Value 2019-2024
- Table 111 Mobile E-Commerce Forecasts: % Value Growth 2019-2024