PROSPECTS AND OPPORTUNITIES
Moderate outlook as small local grocers will face rising competition from supermarkets and discounters
The forecast period will be challenging for small local grocers, especially those in rural areas, where retail value sales and the number of outlets is expected to decline. These stores face tough competition from supermarkets and discounters, which offer much broader product selections at more competitive prices despite being further away for some customers.
Growth prospects for denn’s is expected to be limited across the forecast period
If inflation in Austria remains stable at a healthy level and wages continue to adjust to the rising cost of living, it is expected that the consumer climate will improve. This could benefit retailers like denn's that specialise in organic products.
Modern health food store My Drogery Martin, may expand across the forecast period
In 2024, Reform Martin GmbH and its subsidiary Tachezy, Martin & Sponring GmbH introduced the new My Drogery Martin brand, which aims to blend the traditional world of perfumery with a modern health food store concept. The store offers a curated selection of exclusive and high-quality branded perfumery and makeup products alongside a premium range of organic foods, natural food supplements, and high-quality teas.
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 Small Local Grocers industry in Austria 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 Small Local Grocers industry in Austria, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
The Small Local Grocers in Austria 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 Small Local Grocers in Austria?
- Which are the leading retailers in Small Local Grocers in Austria?
- 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?
Small Local Grocers in Austria - Category analysis
KEY DATA FINDINGS
There are challenges operating profitable grocery stores in rural areas
Leading player denn’s faces challenges, however it has a lack of real competition
Ethnic grocery stores become negatively impacted by rising price sensitivity
Moderate outlook as small local grocers will face rising competition from supermarkets and discounters
Growth prospects for denn’s is expected to be limited across the forecast period
Modern health food store My Drogery Martin, may expand across the forecast period
Retail in Austria - Industry Overview
Retail in 2024: The big picture
A noticeable increase in bankruptcies and store closures in 2024
Automation rises as retailers look for labour-saving solutions to remain competitive
What next for retail?
Informal retail
Opening hours for physical retail
Seasonality
Christmas
Back to School
DISCLAIMER
Small Local Grocers
Small local grocers are mostly independent retail outlets (with a selling space of under 400 square metres), kiosks, market stalls or street vendors, owned by families and/or run on an individual basis, and with a primary focus on selling food/beverages/tobacco and other groceries. Small local grocers also includes ethnic grocery stores that specialize in foreign brands and food types, health food stores, confectioners/newsagents/tobacconists (CTNs), food & drink souvenir stores, legally registered mobile shops that are run out of a truck, and regional specialty stores. Retail sales from farmers markets, farms, vineyards, or similar producers are also included in small local grocers. Outlets located within wet markets in Southeast Asia (often located in government-owned multi-story buildings) should be counted as separate outlets.
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 Small Local Grocers 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!