The modern retail channel will continue to evolve in Georgia, although value growth will slow compared to the pre-COVID-19 period, as modern grocery matures. Tbilisi, capital of Georgia, will drive the shift to modern grocery retailing, with new outlets constantly emerging.
Traditional grocery retailers are expected to continue to decline over the forecast period, as consumers increasingly shop at modern grocery retailers. E-commerce is also a threat to traditional grocery, as most traditional grocery retailers, with the exception of chained operators, will not have the capacity to launch an online platform.
The performance of grocery retailing will be strongly linked to Georgia’s economic development in the forecast period. Despite inflationary pressure and product price increases, the Georgian economy is forecasted to show positive performance in the forthcoming years, which will underpin increases in consumer expenditure and purchasing power.
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Understand the latest market trends and future growth opportunities for the Grocery Retailers industry in Georgia 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 Georgia, 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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