PROSPECTS AND OPPORTUNITIES
Department stores set to recover over the coming years, thanks to stronger consumer spending and inbound tourism
Sales in department stores look set to recover over the forecast period, in line with consumers’ rebounding spending power. Added to which, inbound tourism flows will also help to boost sales in this context, as visiting tourists enjoy shopping in such outlets – especially those who are affluent.
Variety stores gaining steam supported by increasing competition
Sales in variety stores are also expected to recover over the forecast period, mainly supported by the expected expansion of low-cost brands such as Flying Tiger, Pepco or Normal. Key to success will be such stores’ ability to respond to shifts in consumer behaviour, optimise their operations, and seize strategic opportunities.
Further new players set to emerge in variety stores
The success of low-cost brands in Portugal has been remarkable in recent years, especially due to the challenging economic scenario and changes in consumer habits. Brands offering more affordable prices with good quality ratios have managed to capture a growing consumer base which is increasingly focussed on price, particularly in the face of the previous strong inflation and associated pressure on purchasing power.
Delivery:
Files are delivered directly into your account soon after payment is received and any tax is certification is verified (where applicable).
This report comes in PDF with additional info in Excel included.
Overview:
Understand the latest market trends and future growth opportunities for the General Merchandise Stores industry in Portugal 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 General Merchandise Stores industry in Portugal, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
The General Merchandise Stores in Portugal 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 General Merchandise Stores in Portugal?
- Which are the leading retailers in General Merchandise Stores in Portugal?
- 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?
General Merchandise Stores in Portugal - Category analysis
KEY DATA FINDINGS
General merchandise stores see a flat performance due to challenges affecting both department and variety stores
Variety stores remains a highly-fragmented and competitive channel
Department stores suffer from lower spending on fashion products
Department stores set to recover over the coming years, thanks to stronger consumer spending and inbound tourism
Variety stores gaining steam supported by increasing competition
Further new players set to emerge in variety stores
Retail in Portugal - Industry Overview
Retail in 2024: The big picture
Technological trends
Changing consumer behavior and sustainability
What next for retail?
Informal retail
Opening hours for physical retail
Seasonality
Black Friday
Christmas
Back to School
Easter
DISCLAIMER
The following categories and subcategories are included:
General Merchandise Stores
- Department Stores
- Variety Stores
General Merchandise Stores
The aggregation of department stores and variety stores.
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 General Merchandise Stores research and analysis database.
NEW REPORT GUARANTEE
If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extraction Free!