PROSPECTS AND OPPORTUNITIES
Convenience stores expected to come under pressure from other channels
The convenience stores channel is expected to see a slight decline in value terms (at constant 2024 prices) during the first couple of years of the forecast period. This is based on the higher competition coming from discounters and supermarkets.
Technological innovation expected to drive growth
Over the forecast period it is expected that the traditional concept of convenience retailers will evolve rapidly, with digital technologies emerging as strategic tools for creating innovative outlets which an provide more advantages to consumers in terms of a fast and efficient shopping experience. Moving forward consumers will likely increasingly expect to experience a personalised and engaging shopping experience when entering a convenience store.
New purchasing habits should benefit convenience stores
Over the forecast period it is expected that convenience retailers will continue to benefit from the new shopping habits of Italian consumers who are increasingly looking to make more frequent shopping trips to reduce waste and save money. Therefore, the habit of daily shopping, characterised by the careful acquisition of small quantities of goods and the avoidance of stockpiling, should benefit convenience stores which are quicker to navigate than larger format grocery retailers while they also often have more convenient locations near to consumers’ homes and workplaces.
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Overview:
Understand the latest market trends and future growth opportunities for the Convenience Retailers industry in Italy with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Convenience Retailers industry in Italy, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
The Convenience Retailers in Italy report includes:
- Analysis of key supply-side and demand trends
- Detailed segmentation of international and local products
- Historic volume and value sizes, company and brand market shares
- Five year forecasts of market trends and market growth
- Robust and transparent research methodology, conducted in-country
This report answers:
- What is the market size of Convenience Retailers in Italy?
- Which are the leading retailers in Convenience Retailers in Italy?
- How is the rise of e-commerce and the expansion of modern grocery retail impacting traditional retail?
- How has the impact of COVID-19 and national lockdown impacted consumer demand?
- Which formats have benefited the most from stockpiling and enforced home seclusion?
- How will the wider economic impact of COVID-19 shape the retail landscape in the future?
- Where is future growth expected to be most dynamic?
Convenience Retailers in Italy - Category analysis
KEY DATA FINDINGS
Convenience stores see growth despite competition from discounters
The first cashier-less convenience store opens in Italy
Rising interest towards sustainability and digitalization
Convenience stores expected to come under pressure from other channels
Technological innovation expected to drive growth
New purchasing habits should benefit convenience stores
Retail in Italy - Industry Overview
Retail in 2024: The big picture
Sustainability concerns having a growing influence on the market
Retailers investing in digitalisation strategies
What next for retail?
Informal retail
Opening hours for physical retail
Seasonality
Christmas Holidays
Easter
Valentine’s Day/Father’s Day/Mother’s Day
Summer Holidays/Back to School
DISCLAIMER
The following categories and subcategories are included:
Convenience Retailers
- Convenience Stores
- Forecourt Retailers
Convenience Retailers
The aggregation of convenience stores and forecourt retailers.
See all of our definitionsWhy buy this report?
- Gain competitive intelligence about market leaders
- Track key industry trends, opportunities and threats
- Inform your marketing, brand, strategy and market development, sales and supply functions
This report originates from Passport, our Convenience Retailers research and analysis database.
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