Supermarkets and Hypermarkets Market 2021-2027 Trends, Research Report, Growth Trends, Opportunities, Forecast to 2027
The global supermarket and hypermarket market is expected to grow from $2498.09 billion in 2020 to $2632.22 billion in 2021 with an average annual growth rate (CAGR) of 5%. Growth has led primarily to limited quarantine measures associated with closures of commercial activities that previously resulted in social distancing, remote work, and operational difficulties as the company reorganized its operations and recovered from COVID-19 impacts.
North America is the largest region in the global supermarket and hypermarket market, accounting for 30% of the market in 2020. Western Europe was the second largest region accounting for 26% of the world market. The Middle East was the smallest region in the global supermarket and hypermarket market.
Supermarkets and Hypermarkets Market: Segmentation
By Type:
- Supermarkets
- Hypermarkets
By Ownership:
- Retail Chain,
- Independent Retailer
Key Players
- Aldi Inc.
- Carrefour Group
- Target Corporation
- Tesco PLC
- Wal-Mart, Inc.
Key Questions Answered by Supermarkets and Hypermarkets Market Report
- What was the Supermarkets and Hypermarkets Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).
- What will be the CAGR of Supermarkets and Hypermarkets Market during the forecast period (2021-2027)?
- Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
- Which manufacturer/vendor/players in the Supermarkets and Hypermarkets Market was the market leader in 2020?
- Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
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