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Retail Country Snapshot: Republic of Ireland

Publisher GlobalData
Published Apr 10, 2025
Length 29 Pages
SKU # GBDT20050923

Description

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
  • Ireland’s growing urban population and recovering GDP levels will support retail growth during the forecast period
  • Sales growth in Ireland’s retail market is steady but will be inhibited by uncertainty around inflation and economic conditions
  • Despite being the largest channel, grocery retailing will be the third-fastest growing, as consumers seek affordability and grocers improve product range
  • Online retailing will continue growing in 2025, driven by advancements in AI and investments in VR-based platforms
  • Food & grocery will achieve the strongest CAGR in the forecast period, driven by the sector’s essential nature
  • The majority of consumers in Ireland exhibited concerns about inflation, prompting them to adopt cost-conscious shopping habits
  • Local retailers had an edge over multinational retailers as majority of consumers preferred to support the local community
Reasons to Buy
  • Gain an overview of the Republic of Ireland retail market sizes and growths to 2029
  • Explore new opportunities that will allow you to align your product offerings and strategies to meet demand following the impact of inflation on the Republic of Ireland retail market
  • Understand who the main competitors are in the Republic of Ireland retail market with market share figures

Table of Contents

29 Pages
  • Executive Summary
  • Country Overview
    • Retail Market to 2029
    • Retail Market to 2029 – Channel share, current year and forecast
    • Retail Market to 2029 – Online
    • Retail Market to 2029 – Sector sales
    • Republic of Ireland Consumer Insights – Inflation
    • Competitive Landscape – Top 5 Retailers by sector
    • Competitive Landscape – Local Players
    • Methodology: Market Sizes
    • Definitions: Channel groups
    • Definitions: Product category – Clothing & Footwear
    • Definitions: Product category – Electricals
    • Definitions: Product category – Food & Grocery
    • Definitions: Product category – Health & Beauty
    • Definitions: Product category – Home
    • Definitions: Product category – Other

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