PROSPECTS AND OPPORTUNITIES
Supermarkets expected to see improved performance over forecast period
While supermarkets will see growth in terms of both number of outlets and retail value sales during the forecast period, the channel will continue to struggle against several threats. Supermarkets are operating in a very saturated environment and face rising competition not only from convenience stores but also from the rapid expansion of discounter retailers Lidl and Aldi.
Circular economy, sustainability and increased offer of local fresh produce will all remain key to driving sales
Sustainable development is expected to remain a crucial aspect of grocery retailers’ strategies in the Spanish market throughout the forecast period. There is also growing pressure from the EU and Spain’s government for businesses to reduce their carbon footprint and to reduce waste.
Expanding services – last-mile delivery points and click-and-collect
Grocery retailers must seek opportunities to broaden their services in order to survive intensifying competition and the challenges posed by high inflation, low disposable incomes and a stagnating economy. As e-commerce continues to expand, convenience stores are increasingly serving as collection points for online orders, leading to greater development of click-and-collect facilities.
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 Supermarkets industry in Spain 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 Spain, 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 Spain 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 Spain?
- Which are the leading retailers in Supermarkets in Spain?
- 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 Spain - Category analysis
KEY DATA FINDINGS
Sales in supermarkets decline, prompting greater focus on private labels
Mercadona maintains leadership, while Condis expands its network
Growth in offer of non-grocery products, and Auchan and Carrefour strengthen market positions
Supermarkets expected to see improved performance over forecast period
Circular economy, sustainability and increased offer of local fresh produce will all remain key to driving sales
Expanding services – last-mile delivery points and click-and-collect
Retail in Spain - Industry Overview
Retail in 2024: The big picture
Online sales continue to grow, but consumers still value offline retail
Sustainability-focused development
What next for retail?
Informal retail
Opening hours for physical retail
Seasonality
Christmas
January sales
Summer sales
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.
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!