The outlook is muted over the forecast period. As long as inflation remains high, consumers will be price sensitive and this will dampen value sales.
A more pleasant shopping experience due to large retail selling space, rewarding loyalty schemes, coupled with more competitive prices and frequent and heavily marketed discounted offers, will see modern grocery retailers further close the gap with small local grocers over the forecast period. Small local grocers are less capable of offering added benefits to their consumers.
Hypermarkets are expected to be the worst performing modern grocery channel over the forecast period. The muted performance of hypermarkets is due to changing consumer behaviour.
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Understand the latest market trends and future growth opportunities for the Grocery Retailers industry in North Macedonia 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 North Macedonia, 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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