Category: Warehouse Clubs/Superstores
Warehouse Clubs/Superstores market research reports by Euromonitor International
-
Hypermarkets in South Africa
Hypermarkets saw current value growth in South Africa in 2024. The expansion of hypermarkets remains relatively muted due to the economic environment, prompting operators to prioritise formats that meet consumers’ evolving needs. A prominent example is Massmart converting four Game stores into Makro ... Read More
-
Home Products Specialists in South Africa
Home products specialists saw modest current value growth in South Africa in 2024. With South African households facing rising living costs, middle-income households increasingly experienced difficulties, having accumulated significant asset-backed debts such as mortgages and vehicle financing durin ... Read More
-
Appliances and Electronics Specialists in South Africa
Appliances and electronics specialists saw retail value sales stagnate in current terms in South Africa in 2024. Demand in this channel was subject to challenging market conditions towards the end of the review period, including a rising cost of living, delays in supplies due to port congestion and ... Read More
-
Hypermarkets in Germany
Value sales growth of hypermarkets in Germany were undermined in 2024 by the permanent closure of the last remaining 45 Mein Real outlets in March. The chain had struggled to resolve the inherent contradictions in being competitive in this channel as a small operator while lacking the scale to offer ... Read More
-
Hypermarkets in Mexico
Over 2024, the number of hypermarket outlets in Mexico remained stable, yet the channel experienced dynamic sales growth. The competitive landscape for hypermarkets is shaped by just seven major chains, with La Comer (La Comer SAB de CV) leading growth in terms of both outlet numbers and sales. Its ... Read More
-
Hypermarkets in Morocco
In 2024, Morocco’s hypermarkets benefited from improving economic conditions and evolving consumer behaviour. As inflationary pressures began to ease, households gradually regained spending confidence, prompting retailers to invest further in hypermarket formats. The result was a modest increase in ... Read More
-
Hypermarkets in Switzerland
Hypermarkets are much less prevalent in Switzerland with significantly fewer outlets than supermarkets or discounters, or convenience stores. Even though the product variety tends to be higher in hypermarkets, this does not justify the longer trip to reach them for many consumers. Furthermore, their ... Read More
-
Hypermarkets in Nigeria
Hypermarkets continued to serve middle- and high-income shoppers seeking one-stop solutions for monthly groceries. However, rising inflation, currency depreciation, and increased prices for imported brands contributed to a decline in revenue in constant value terms. Investment in new outlets was con ... Read More
-
Retail in Switzerland
Despite inflation rates dropping further and the economy showing signs of a recovery, retail continued to see only moderate growth in current value terms in 2024, similar to the growth seen in 2023. Consumers continued to limit their spending on non-essential items (with a few exceptions) due to fin ... Read More
-
Hypermarkets in the United Arab Emirates
In value share terms, hypermarkets in the United Arab Emirates remained the leading grocery retail channel in 2024, supported by its strategic positioning as a one-stop destination. Its strength has been supported by a steady increase in the local population, and the ability of operators to adjust t ... Read More
-
Hypermarkets in India
In 2024, hypermarkets in India maintained double-digit current value growth, although the rate of increase was slower than seen in the previous couple of years. Hypermarkets, with their wide product range and affordable pricing, have emerged as a one-stop solution for consumers who shop weekly or mo ... Read More
-
Retail in the United Arab Emirates
Despite lingering budget constraints among some consumers due to elevated living costs towards the end of the review period, thereby slowing overall growth in the local industry, retail in the United Arab Emirates continued to record a positive performance in 2024, driven by a steady population incr ... Read More
-
Hypermarkets in Egypt
Hypermarket expansion in Egypt remained subdued in 2024, with leading grocery retailers adopting a more cautious investment strategy amid ongoing economic pressures. Faced with declining consumer purchasing power and rising operational costs, many companies redirected their resources towards expandi ... Read More
-
Hypermarkets in the United Kingdom
Despite recording a positive performance in 2024, hypermarkets in the UK struggled with only modest value sales growth compared to the previous two years and stagnation in outlet terms, as local consumers shifted towards more convenient and budget-friendly formats such as discounters and convenience ... Read More
-
Hypermarkets in Denmark
Grocery retailing experienced significant shifts in 2024, with major retailers like Salling Group and Coop pushing for price reductions from suppliers while facing resistance due to rising costs in raw materials, wages, and logistics. Ongoing price battles, leadership shake-ups, and the growing prom ... Read More
-
Hypermarkets in Ukraine
Hypermarkets saw strong current value growth Ukraine in 2024. Growth was supported by new locations, such as the Fozzy hypermarket in Kryvyi Rih. At the same time, there was a trend towards the exploration of smaller formats by brands usually known in the hypermarkets sphere. This was driven by chan ... Read More
-
Hypermarkets in the Czech Republic
Hypermarkets in the Czech Republic stagnated at the end of the review period. However, stagnation followed successful years in the wake of the COVID-19 pandemic. When work-from-home was more common, hypermarkets were popular outlets for household purchases, partly due to their one-stop shopping posi ... Read More
-
Hypermarkets in Japan
In 2024, hypermarkets in Japan experienced a marginal decline in current value sales. Although the years 2022 and 2023 maintained stable sales due to price increases, the channel returned to a negative trend following the conclusion of price hikes. Hypermarkets faced significant challenges over the ... Read More
-
Hypermarkets in Slovakia
In 2024, retail value sales for hypermarkets in Slovakia increased by 10%. This growth in sales was primarily driven by rising unit prices due to inflation, as consumers remained cautious about spending money unnecessarily. Shoppers continued to prefer larger retail stores that offered good value fo ... Read More
-
Hypermarkets in South Korea
Hypermarkets saw insignificant growth in both outlet numbers and current value sales in South Korea in 2024. One factor preventing stronger growth for the channel was that the shift from offline to online shopping continued, especially in non-food categories. Traditionally, hypermarkets operated bas ... Read More
-
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
-
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
-
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
-
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
-
Hypermarkets in Vietnam
Hypermarkets in Vietnam recorded strong expansion and rising current value sales in 2024, propelled by leading brands such as AEON, Co-opXtra, and Go!, with Go! maintaining its dominant position. The channel’s notable growth is evident in both the number of new outlets and the uplift in value, refle ... Read More