PROSPECTS AND OPPORTUNITIES
Ongoing challenges for department stores
The department stores channel is expected to continue to struggle in the forecast period, with any nominal growth driven primarily by inflation rather than increases in consumer volume or transaction size. While Ukraine’s eventual economic stabilisation may revive some middle and upper class purchasing power, department stores is unlikely to see widespread expansion due to the ongoing shift towards convenience, e-commerce, and price sensitivity.
Variety stores in line with evolving consumer focus
Variety stores is projected to develop further over the forecast period, with the channel benefiting from its alignment with the ongoing consumer focus on affordability and product accessibility. As consumer purchasing power gradually recovers, demand for low-cost non-grocery goods is expected to increase, particularly in categories such as home decor, kitchenware, toys, and seasonal items.
Important role for digital integration
Going forward, digital integration will be a key differentiator in the general merchandise segment. Department stores that develop true omnichannel capabilities including unified loyalty programmes, mobile-first shopping, and curated online experiences will be more successful in attracting urban, digitally literate consumers.
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 Ukraine 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 Ukraine, 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 Ukraine 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 Ukraine?
- Which are the leading retailers in General Merchandise Stores in Ukraine?
- 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 Ukraine - Category analysis
KEY DATA FINDINGS
Variety stores dominate
Spending shifts towards value-oriented products
Dynamic competitive environment
Ongoing challenges for department stores
Variety stores in line with evolving consumer focus
Important role for digital integration
Retail in Ukraine - Industry Overview
Retail in 2024: The big picture
Growing preference for domestic products
Further digitalisation
What next for retail?
Informal retail
Opening hours for physical retail
Seasonality
Christmas & New Year
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!