PUBLISHER: GlobalData | PRODUCT CODE: 1856046
PUBLISHER: GlobalData | PRODUCT CODE: 1856046
Understand what is driving sales in Europe by sector and country, the impact of the economy on consumers' purchases and updates on retailers' corporate filings and strategy news in Q3 2025.
European retail sales are projected to grow moderately over the next five years at a CAGR of 3.0% from 2024 to 2029.
The health & beauty and food & grocery sectors are expected to be primary growth drivers in Europe between 2024 and 2029, driven by increased consumer spending on wellness and essential goods amid rising living costs.
Online penetration in Europe is set to grow 0.3ppts between 2025 and 2026 as consumers' demand for convenience and product variety boosts online sales.