PROSPECTS AND OPPORTUNITIES
Location will be key
Location will be a huge factor in the success of small local retailers in the forecast period as these players will try to look for small spaces in busy streets with high levels of traffic. Being close to either businesses or many houses can help small local grocers to reach more customers simply through the available foot traffic without investing in anything else.
Focus on quality and a distinctive offer
Small local shops cannot compete with larger retailers on price, but they can compete by offering unique products that consumers cannot find elsewhere easily or of such good quality. By focusing on local and speciality items, such as gluten-free or organic products, these stores attract customers who are looking for good quality, healthy options and traditional products.
Demand for convenience offers opportunities
As life gets busier for many consumers, convenience is becoming an increasingly important factor in shopping patterns. Small local shops have significant opportunities to focus on meeting this need.
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Overview:
Understand the latest market trends and future growth opportunities for the Small Local Grocers industry in Greece 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 Greece, 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 Greece 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 Greece?
- Which are the leading retailers in Small Local Grocers in Greece?
- 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 Greece - Category analysis
KEY DATA FINDINGS
Conditions becoming more favourable for small local grocers
Consumers increasingly look for cashless payment options
Small local grocers look to build online presence
Location will be key
Focus on quality and a distinctive offer
Demand for convenience offers opportunities
Retail in Greece - Industry Overview
Retail in 2024: The big picture
Retail in 2024: The big picture
Consolidation via acquisition
Expansion of convenience stores
What next for retail?
Informal retail
Opening hours for physical retail
Seasonality
St Valentine’s Day
Mother’s Day
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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