The winners of the next decade, may be the supermarkets and the discounts
According to the recent analysys of GfK Hungária; between 2011 and 2020, the mini-chains will decline gradually, the growth of supermarkets and discounts is expected.
The market share of hypermarket is expected to be 23 percent in 2011, remaining on the 2010 levels. Until 2020 this ratio will be 24 percent. An increase can be forecasted on the market of the supermarkets, since many commercial chains have expansionist policy in this channel. Their market share will reach 25 percent in 2020.
Discount chains can expect significant growth in market share. Until 2020, a 27 percent market share could be reached. The importance of convenience stores and other channels (markets, mobile vendors, service stations etc), is gradually declining.
Related news
Related news
Earth Day: Climate awareness among the Hungarian population is on the rise
April 22 is Earth Day, so the domestic perception of…
Read more >The Dairy Products Council has launched a national campaign to promote Trappist cheese
The Milk Products Council has launched a national marketing campaign…
Read more >Confidence in the global economy plummets due to US tariff war
The economic confidence indices of the world’s leading economies have…
Read more >