There will be a further fall in constant value sales over the forecast period. Small local grocers will continue to face fierce competition from larger grocery retailers, with fatter budgets and which benefit from economies of scale.
Sustainability will be increasingly important over the forecast period, as environmental concerns continue to grow. Small local grocers will also have to adapt and respond to consumers’ increasing focus on sustainability.
Due to the large amount of small local grocers, the number of outlets is expected to remain high, albeit with various fluctuations within the competitive landscape. However, larger chained providers are likely to gain a larger foothold, as they benefit from economies of scale, with smaller independent stores continuing to struggle from the growing competition.
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Understand the latest market trends and future growth opportunities for the Small Local Grocers industry in Slovakia 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.
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Small local grocers are mostly independent retail outlets (with a selling space of under 400 square metres), kiosks, market stalls or street vendors, owned by families and/or run on an individual basis, and with a primary focus on selling food/beverages/tobacco and other groceries. Small local grocers also includes ethnic grocery stores that specialize in foreign brands and food types, health food stores, confectioners/newsagents/tobacconists (CTNs), food & drink souvenir stores, legally registered mobile shops that are run out of a truck, and regional specialty stores. Retail sales from farmers markets, farms, vineyards, or similar producers are also included in small local grocers. Outlets located within wet markets in Southeast Asia (often located in government-owned multi-story buildings) should be counted as separate outlets.
See All of Our DefinitionsThis report originates from Passport, our Small Local Grocers research and analysis database.
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