PROSPECTS AND OPPORTUNITIES
Rising price competition from supermarkets and discounters
Convenience retailers are expected to come under pressure due to price competition from supermarkets and discounters. In 2024, Norway has seen intense price wars as discounters and supermarkets compete for shoppers.
Tobacco withdrawal may negatively impact sales
Reitan Convenience Norway, which operates Narvesen and 7-Eleven, plans to stop selling tobacco products by 2026. This decision is part of their sustainability strategy, reflecting a declining demand for cigarettes and a commitment to addressing the environmental and social challenges associated with tobacco production.
Forecourt retailers develop self-service and vending as grocery sales fall
There has been a noticeable decline in grocery sales at forecourt retailers as other grocery retailers extend their operating hours, often later than petrol stations. This change has led to a reduction in groceries sales at forecourt retailers, as consumers have more accessible options elsewhere.
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Overview:
Understand the latest market trends and future growth opportunities for the Convenience Retailers industry in Norway 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 Norway, 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 Norway 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 Norway?
- Which are the leading retailers in Convenience Retailers in Norway?
- 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 Norway - Category analysis
KEY DATA FINDINGS
Outlet consolidation takes place to optimise sales performance
Bunnpris extends its leading position in convenience retailers
7-Eleven aims to enhance the customer experience in-store and online
Rising price competition from supermarkets and discounters
Tobacco withdrawal may negatively impact sales
Forecourt retailers develop self-service and vending as grocery sales fall
Retail in Norway - Industry Overview
Retail in 2024: The big picture
The shift to online shopping regains momentum
Consumers still economise on non-essentials goods
What next for retail?
Informal retail
Opening hours for physical retail
Seasonality
Black Friday
Christmas
New Year
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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