PROSPECTS AND OPPORTUNITIES
Marginalisation of small local grocers is expected to continue
Over the forecast period, small local grocers will likely see growth rates below those in grocery retailing overall.
Ethnic food specialists have significant potential for growth
As with the review period, stores focused on a variety of ethnic cuisines have the greatest potential in the channel for the foreseeable future. The percentage of the local population with an immigrant background is expected to increase further in the future, creating more potential and demand for ethnic food specialists.
Entrepreneur-run outlets are more popular than the channel itself
While small local grocers account for a marginal share grocery retailing in Finland, the model behind them (entrepreneur-run outlets) is and will continue to be more popular than the channel size suggests.
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Overview:
Understand the latest market trends and future growth opportunities for the Small Local Grocers industry in Finland 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 Finland, 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 Finland 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 Finland?
- Which are the leading retailers in Small Local Grocers in Finland?
- 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 Finland - Category analysis
KEY DATA FINDINGS
Small local grocers remain a niche channel in Finnish grocery retailing
Few chained operators in the channel
Alanya Market opens the largest ethnic food specialist store in Finland in 2024
Marginalisation of small local grocers is expected to continue
Ethnic food specialists have significant potential for growth
Entrepreneur-run outlets are more popular than the channel itself
Retail in Finland - Industry Overview
Retail in 2024: The big picture
Domestic giants continue leading retail in Finland
Still room for growth in e-commerce
What next for retail?
Informal retail
Opening hours for physical retail
Seasonality
Christmas
Mother’s and Father’s Day
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.
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