PROSPECTS AND OPPORTUNITIES
Economic uncertainty means declining sales in the forecast period
General merchandise stores is set to see value sales fall throughout the forecast period, largely due to the continuation of uncertain economic circumstances over the next two to three years. Even so, the forecast for increased inbound tourism and the push to entice travellers with higher disposable incomes could provide a boost for the category.
Variety stores such as Ale-Hop and Pepco likely to perform better
Variety stores is predicted to enjoy sales growth over the forecast period, though players in this segment are contending with mounting competition from hypermarkets and supermarkets that are broadening their ranges of products traditionally sold by variety stores. Discounters are similarly increasing their non-grocery offerings, adding pressure on variety stores to supply a wider selection at attractive prices.
Department stores faces intensified competition from e-commerce
Department stores are under strain from rising operating costs, inflation and fluctuating consumer sentiment, which hamper overall growth. Intense competition from e-commerce players and budget-focused high street outlets has also weighed heavily on department store sales.
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 Spain 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 Spain, 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 Spain 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 Spain?
- Which are the leading retailers in General Merchandise Stores in Spain?
- 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 Spain - Category analysis
KEY DATA FINDINGS
Positive growth for department stores in 2024
El Corte Inglés as overall leader in 2024
Chinese family-owned stores continue to dominate variety stores in Spain
Economic uncertainty means declining sales in the forecast period
Variety stores such as Ale-Hop and Pepco likely to perform better
Department stores faces intensified competition from e-commerce
Retail in Spain - Industry Overview
Retail in 2024: The big picture
Online sales continue to grow, but consumers still value offline retail
Sustainability-focused development
What next for retail?
Informal retail
Opening hours for physical retail
Seasonality
Christmas
January sales
Summer sales
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!