PROSPECTS AND OPPORTUNITIES
Shifts in consumer loyalty and private label dynamism anticipated in the forecast period
The performance of supermarkets is predicted to stagnate in the short to medium term. Retail value (constant 2024 prices) sales are projected to fall moderately in 2025, followed by slight-to-marginal decreases as the forecast period progresses.
Rise of speciality stores with a focus on wellbeing and sustainability
Supermarkets like Whole Foods and Longos are expected to continue to benefit from the rise in demand for organic, sustainable and health-orientated groceries. Health and wellbeing and sustainable trends are likely to develop and grow as the forecast period progresses, as consumers become more health-conscious and environmentally-conscious.
Omnichannel expansion and technological investments to provide impetus to supermarkets
Sobeys is expected to continue its investments in omnichannel shopping experiences for brands like the eponymous Sobeys and IGA, blending physical and online shopping to meet the high consumer demand for convenience. Operators of supermarkets in general are set to focus on enhancing their digital platforms, improving delivery logistics and offering customised or personalised shopping experiences through apps and online services.
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Overview:
Understand the latest market trends and future growth opportunities for the Supermarkets industry in Canada 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 Supermarkets industry in Canada, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
The Supermarkets in Canada 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 Supermarkets in Canada?
- Which are the leading retailers in Supermarkets in Canada?
- 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?
Supermarkets in Canada - Category analysis
KEY DATA FINDINGS
Pressure on mid-range supermarkets amid high consumer price-sensitivity
Expansion of speciality and organic-orientated supermarkets
Growing focus on omnichannel shopping as supermarkets respond to key retail trends
Shifts in consumer loyalty and private label dynamism anticipated in the forecast period
Rise of speciality stores with a focus on wellbeing and sustainability
Omnichannel expansion and technological investments to provide impetus to supermarkets
Retail in Canada - Industry Overview
Retail in 2024: The big picture
Seamless shopping with the rise of omnichannel experiences in retail in 2024
Health and wellness takes centre stage in 2024
What next for retail?
Informal retail
Opening hours for physical retail
Seasonality
New Year’s Day
Valentine’s Day
Easter
Mother’s Day
Father’s Day
Canada Day
Back-to-School
Thanksgiving
Halloween
Black Friday
Cyber Monday
Christmas
Boxing Day
DISCLAIMER
Supermarkets
Supermarkets are chained or independent retail outlets with a selling space of between 400 and 2,500 square metres and with a primary focus on selling food/beverages/tobacco and other groceries. Supermarkets may also sell a selection of non-groceries, but the product mix is skewed towards grocery items. Example brands include Casino, Kroger, and Tesco. Exception: In some markets, primarily the US, Australia and Hong Kong, there are grocery retailer brands that operate outlets with a selling space of over 2,500 square metres, but offer only a very limited range of non-grocery merchandise or none at all. These brands are included in Supermarkets.
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 Supermarkets research and analysis database.
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