PROSPECTS AND OPPORTUNITIES
Further stagnation is expected as small local grocers lose ground to modern trade and retail e-commerce
The growth potential of small local grocers will be limited due to the dominant position of modern grocery chains in the country and the increasing development of food e-commerce. Competing on price against major brands and international players remains a significant challenge for this channel.
Players could benefit from cash payment law
As of October 1, 2024, a new law mandates that all retail establishments, including traditional shops, must accept cash payments. This legislation was introduced to strengthen customers' rights to pay with cash, which had been increasingly rejected by retailers in favour of digital transactions.
Healthy and locally sourced products are an opportunity for the channel
There is an increasing demand for organic, farm, and locally sourced products among consumers, driven by health consciousness and sustainability concerns. In 2024, Bondens Butikk, a well-known chain of stores in Norway that focuses on organic and locally sourced products, has continued to thrive and adapt to these trends.
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Overview:
Understand the latest market trends and future growth opportunities for the Small Local Grocers industry in Norway 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 Norway, 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 Norway 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 Norway?
- Which are the leading retailers in Small Local Grocers in Norway?
- 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 Norway - Category analysis
KEY DATA FINDINGS
Losing ground to supermarkets and discounters
Den Norske Isbilen leads highly fragmented category
Vinmonopolet drives food/drink/tobacco specialist performance
Further stagnation is expected as small local grocers lose ground to modern trade and retail e-commerce
Players could benefit from cash payment law
Healthy and locally sourced products are an opportunity for the channel
Retail in Norway - Industry Overview
Retail in 2024: The big picture
The shift to online shopping regains momentum
Consumers still economise on non-essentials goods
What next for retail?
Informal retail
Opening hours for physical retail
Seasonality
Black Friday
Christmas
New Year
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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