With unemployment rates in South Africa stagnating at over 30% at the end of the review period, despite government support to revitalise the economy, small local grocers will continue to represent an opportunity for households to make a living. The trend is supported by the relatively low barrier to entry and more lenient regulations compared to other formats of grocery retailers.
Following an inquiry into the use of exclusive agreements by leading grocery retailers across South African shopping centres, which prohibits any specialist or general grocery retailer from competing with them in such locations, the competition tribunal concluded that such practices should be retracted from lease agreements.
Improvements in the global economy predicted over the forecast period will likely reopen the funding tap for startups supporting activities of small local grocers, hence contributing to their modernisation. The changing landscape among small local grocers will also be supported by a shift in the generation of shop owners from an older to a younger age, one that is more likely to embrace new technologies to improve their operating efficiency.
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Understand the latest market trends and future growth opportunities for the Small Local Grocers industry in South Africa with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
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Small local grocers are mostly independent retail outlets (with a selling space of under 400 square metres), kiosks, market stalls or street vendors, owned by families and/or run on an individual basis, and with a primary focus on selling food/beverages/tobacco and other groceries. Small local grocers also includes ethnic grocery stores that specialize in foreign brands and food types, health food stores, confectioners/newsagents/tobacconists (CTNs), food & drink souvenir stores, legally registered mobile shops that are run out of a truck, and regional specialty stores. Retail sales from farmers markets, farms, vineyards, or similar producers are also included in small local grocers. Outlets located within wet markets in Southeast Asia (often located in government-owned multi-story buildings) should be counted as separate outlets.
See All of Our DefinitionsThis report originates from Passport, our Small Local Grocers research and analysis database.
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