Retail Country Snapshot: Republic of Ireland
Summary
This report offers an overview of the retail market in Republic of Ireland, including macroeconomic analysis, market forecasts to 2029, consumer insights, market shares, and analysis on local brands.
Falling inflation levels and steady wage growth meant that consumer confidence in the Republic of Ireland was robust in 2024. As inflation lowered in 2024, growth continued to be robust but lower at 2.9%. In Q4 2024, inflation remained a concern for 97.3% of consumers across all age groups in Ireland, with nearly half (48.9%) expressing extreme concern about its impact on their household budgets. In 2024, Dunnes Stores maintained its position as the second largest retailer in both the clothing & footwear and food & grocery markets in Ireland, holding 13.6% and 14.0% market shares, respectively, thanks to its extensive product range and strong store presence.
Scope
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