Convenience stores is the distribution channel set to see the strongest growth among retailers in Azerbaijan during the forecast period. The channel will register the fastest rises in terms of retail value sales, in line with a global trend towards smaller retailing formats.
Traditional grocery retailing formats are set to continue to dominate grocery retailing over the forecast period, despite the rapid growth of modern retailers. The development of modern grocery retailing is lacking in some of Azerbaijan’s smaller cities and rural areas, leading many consumers to rely on traditional forms of grocery shopping such as bazaars, open markets, and small independent grocers.
The competition is expected to increase for independent small groceries in the form of modern grocery retailers like Oba Market and AL Market. These players also offer low prices and convenient locations, which are among the main competitive advantages of the traditional grocery channel.
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Understand the latest market trends and future growth opportunities for the Grocery Retailers industry in Azerbaijan 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 Grocery Retailers industry in Azerbaijan, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Grocery Retailers
Modern and traditional retailers selling one or more of the following, as the primary focus, from retail outlets, kiosks or market stalls: food, beverages, and/or tobacco. This is the aggregation of convenience retailers, supermarkets, hypermarkets, discounters, warehouse clubs, food/drink/tobacco specialists, and small local grocers.
See All of Our DefinitionsThis report originates from Passport, our Grocery Retailers research and analysis database.
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