Hypermarkets Global Market Report 2023

“Hypermarkets Global Market Report 2023 ” from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on hypermarkets market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase

• Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
• Understand how the market has been affected by the coronavirus and how it is responding as the impact of the virus abates.
• Assess the Russia - Ukraine war's impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
• Measure the impact of high global inflation on market growth.
• Create regional and country strategies on the basis of local data and analysis.
• Identify growth segments for investment.
• Outperform competitors using forecast data and the drivers and trends shaping the market.
• Understand customers based on the latest market shares.
• Benchmark performance against key competitors.
• Suitable for supporting your internal and external presentations with reliable high quality data and analysis
• Report will be updated with the latest data and delivered to you within 3-5 working days of order along with an Excel data sheet for easy data extraction and analysis.
• All data from the report will also be delivered in an excel dashboard format.

Where is the largest and fastest growing market for hypermarkets? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? “The hypermarkets market global report ” from The Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

• The market characteristics section of the report defines and explains the market.
• The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
• The forecasts are made after considering the major factors currently impacting the market. These include:

The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.

The impact of higher inflation in many countries and the resulting spike in interest rates.

The continued but declining impact of COVID-19 on supply chains and consumption patterns.

• Market segmentations break down the market into sub markets.
• The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
• The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
• The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

Scope

Markets Covered:

• 1) By Ownership: Retail Chain; Independent Retailer
• 2) By Marketing Channel: Traditional Marketing Channel (Offline); Online Channel
• 3) By Application: Consumer Electronics; Furniture; Food and Beverage; Toy And Stationery; Personal Care; Cosmetic; Home Textile; Dress; Other Applications
• Companies Mentioned: Albrecht-Diskont (ALDI); Walmart Inc.; Carrefour; Edeka Group; Lotte Corporation
• Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA
• Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
• Time series: Five years historic and ten years forecast.
• Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
• Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
• Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
• Delivery format: PDF, Word and Excel Data Dashboard.

Executive Summary

Major companies in the the hypermarkets market are: Albrecht-Diskont (ALDI), Walmart Inc., Carrefour, Edeka Group, Lotte Corporation, Renrenle Commercial Group Co. Ltd., RT-Mart International Ltd., Beijing Hualian Group, Target Corporation, Fonciere Euris SA, Costco Wholesale Corporation, E. Leclerc, Metro Cash & Carry, Auchan, and Schwarz Beteiligungs GmbH.

The global hypermarkets market is expected to grow from $1,667.71 billion in 2022 to $1,810.42 billion in 2023 at a compound annual growth rate (CAGR) of 8.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The hypermarkets market is expected to reach $2,400.19 billion in 2027 at a CAGR of 7.3%.

The hypermarkets market includes revenues earned by entities by providing services such as selling groceries, online shipping, creating displays of merchandise, and providing product information. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

Hypermarket is a retail store that contains a department store and a grocery supermarket. It consists of goods and a large parking lot which provides consumers with all the goods they require, under one roof.

North America was the largest region in the hypermarkets market in 2022. The regions covered in hypermarkets report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The hypermarkets are owned by retail chains and independent retailers. A retail chain is a group of stores owned and operated under a franchise or license on behalf of one entity where the sale of consumer goods intended for personal use is made. The goods are distributed through traditional marketing channels (offline) and online channels for various applications including consumer electronics, furniture, food and beverage, toy and stationery, personal care, cosmetics, home textile, dress, and others.

The creation of personalized experiences is expected to propel the growth of the hypermarkets market going forward. Personalization refers to communication-based on an organization's knowledge of a customer. Personalized experiences are required to meet individual demands. Personalized experience provides manufacturers, hypermarkets, and supermarkets to maximize their financial returns. For instance, in May 2022, according to the report published by Psychology & Marketing (P&M), a West Sussex-based research publisher, an increase of 5%-15% in revenue of senior marketing leaders is directly attributed to the successful implementation of personalization. Therefore, the creation of personalized experiences is driving the growth of the hypermarkets market.

Artificial intelligence is a key trend gaining popularity in the hypermarkets market. Major companies operating in the hypermarket market are adopting artificial intelligence to strengthen their position in the market. The creation of intelligent machines and intelligent computer programs that require human intelligence is the focus of the artificial intelligence (AI) subfield of computer science. For instance, LuLu Group International, an Indian Emirati-based conglomerate company that operates a chain of hypermarkets and retail companies, launched Salem, an AI-powered customer experience or service channel on WhatsApp by which customers will receive in-app purchase receipts, track online order deliveries, and seek purchase-related assistance. The service is powered by Yellow.ai, a US-based Conversational AI platform. Salem can effectively engage with customers throughout their buy journey owing to deep backend integration with the retailer's CRM and Order Management system. This has significantly increased customer satisfaction by up to 60%.

In February 2021, Issa Brothers (EG Group), a UK-based retail company and TDR Capital, a UK-based private equity firm, acquired ASDA Stores Ltd. from Walmart for $7.42 (£6.8) billion. This acquisition aims to expand EG Group's business. Asda Stores Ltd. is a UK-based hypermarket retailer and a wholly-owned subsidiary of Walmart.

The countries covered in the hypermarkets market report are: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The hypermarkets market research report is one of a series of new reports from The Business Research Company that provides hypermarkets market statistics, including hypermarkets industry global market size, regional shares, competitors with a hypermarkets market share, detailed hypermarkets market segments, market trends, and opportunities, and any further data you may need to thrive in the hypermarket's industry. This hypermarkets market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.