Retailing in Hungary - Market Shares, Summary and Forecasts to 2025

Retailing in Hungary - Market Shares, Summary and Forecasts to 2025

Summary

The research report provides both the historic and forecast market data of total retail sales, and the total retail sales market in Hungary. It illustrates the data with charts, graphs and tables summarizing the value, with category details in total retail sales sector. The forecasts include the impact of COVID-19 on growth. The research report also reveals major retailers share in total retail sales sector with their price and market positioning in 2020.

The report uses data from GlobalData’s Retail database showing the trends in the market and sectors by value. It also reveals the major retailers by market share in 2020 in each of the sectors. All data includes the impact COVID-19 has had on sales in 2020 (forecasted at the date of publication).

Scope

• The overall retail industry in Hungary is forecast to grow at a CAGR of 5.9% between 2020 and 2025 to reach HUF 15,185 bn.​
• Food & Grocery is the dominating sector with HUF 7,217 bn in 2020 but Furniture & floor coverings is the fastest growing sector, which will grow at 9.5% CAGR between 2020-2025 to reach HUF 384.3 bn.​
• Hypermarkets, supermarkets and hard discounters is the leading channel, but duty free retail channel is expected to see the maximum growth during the forecast period, registering a CAGR of 26.9% between 2020-2025 to reach HUF 27.6 bn. ​
• The Hungary retail industry is dominated by mass market players

• Gain a comprehensive view of the retail industry and forecasts to 2025
• Explore new opportunities that will allow you to align your product offerings and strategies to meet demand following the impact of COVID-19 on the retail market
• Investigate current and forecast trends in retail sectors to identify the opportunities offering the most potential
• Understand who the main competitors are in the sectors and their price positioning