Changes to import regulations of certain medications will impact pharmacies across the forecast period. The Ministry of Health has said that, from 2023, private companies in Costa Rica will be authorised to import and distribute narcotics, such as codeine and morphine.
E-commerce will continue to put pressure on non-grocery specialists across the forecast period, being rising competition for physical stores on the landscape. Following the outbreak of COVID-19, where many consumers relied on e-commerce and then became accustomed to the ease and convenience of the online channel, e-commerce has grown in Costa Rica.
Despite a strong tourist industry and a small but wealthy upper class, Costa Rica continues to have a comparatively limited offer of luxury brands. Salvatore Ferragamo and Furla closed their stores before the pandemic, and there has been no sign of a return of luxury options in the country.
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Understand the latest market trends and future growth opportunities for the Non-Grocery Retailers industry in Costa Rica 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.
If you're in the Non-Grocery Retailers industry in Costa Rica, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Operators whose primary focus is selling merchandise that is not food/drink/tobacco from retail outlets, kiosks, or market stalls. This is the aggregation of general merchandise stores, apparel and footwear specialists, appliances and electronics specialists, home products specialists, health and beauty specialists, leisure and personal goods specialists, and other non-grocery retailers.
See All of Our DefinitionsThis report originates from Passport, our Non-Grocery Retailers research and analysis database.
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