Hungary Retail Market Size by Sector and Channel Including Online Retail, Key Players and Forecast to 2027

Abstract

This report uses data from GlobalData's Retail database showing the trends in the market and sectors by value. It also reveals the major retailers by market share in 2022 in each of the sectors.

This report provides both the historical and forecast market data of total retail sales in Hungary. It illustrates the data with charts, graphs and tables summarizing the value trends, with individual sector details in overall retail. The report also reveals major retailers in each sector and their market share along with their price and market positioning in 2022.

Scope

• The overall retail industry in Hungary is forecast to grow at a CAGR of 7.8% between 2022 and 2027 to reach HUF 20,774bn.
• Food & grocery dominating sector, but electricals is the fastest growing with HUF 1,160bn in 2022, which will grow at 12.9% CAGR between 2022-2027 to reach HUF 2,126bn in 2027.
• Hypermarkets, supermarkets and hard discounters is the leading channel, but Online is expected to see the maximum growth during the forecast period, registering a CAGR of 18.3% between 2022-2027 to reach HUF 3,342bn.
• The Hungary retail industry is dominated by mass market players

Reasons to Buy

• Gain a comprehensive view of the Hungary retail industry and forecasts to 2027
• Explore new opportunities that will allow you to align your product offerings and strategies to meet demand following the impact of recent events on the retail market in Hungary
• Investigate current and forecast trends in the Hungary retail sectors to identify the opportunities offering the most potential
• Understand who the main competitors are in the sectors and their price positioning