Non-grocery retailers are expected to benefit from rising disposable income over the forecast period. Per capita gross income is estimated to rise by 120% in the period 2021-2040 and this will translate into higher disposable income and a higher propensity to buy non-essential goods beyond staples.
E-commerce development is expected to continue to putting pressure on the non-grocery retailing category. Retailers will continue to feel the pressure from the continued development and growth of e-commerce.
Department stores will register healthy constant value growth in the forthcoming period. Many consumers still value the experience of shopping in physical stores, where they can assess the size, fit and suitability of products.
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Understand the latest market trends and future growth opportunities for the Non-Grocery Retailers industry in Dominican Republic 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 Dominican Republic, 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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