The recent introduction of quick-commerce by Glovo presents a significant opportunity for supermarkets to accelerate their growth and meet the demands of young, busy consumers seeking convenience amidst hectic schedules. As the adoption of quick-commerce grows among the emerging middle class, supermarkets are expected to forge more partnerships with delivery platforms like Glovo to facilitate rapid grocery delivery.
The anticipated economic recovery in Nigeria is poised to fuel growth in supermarkets, particularly through increased disposable income and consumer spending. As consumers' purchasing power improves, there will be a corresponding rise in bulk purchases, providing a significant boost to the supermarket channel.
Supermarkets are set to revitalise their expansion initiatives, targeting urban growth, and strengthening competition with local grocers. Despite challenges faced during the review period, including a weak economy, and slowed expansion efforts, supermarkets are expected to establish more outlets in busy residential areas to cater to the urban population.
Delivery:
Files are delivered directly into your account soon after payment is received and any tax is certification is verified (where applicable).
This report comes in PDF with additional info in Excel included.
Understand the latest market trends and future growth opportunities for the Supermarkets industry in Nigeria 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 Supermarkets industry in Nigeria, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Supermarkets are chained or independent retail outlets with a selling space of between 400 and 2,500 square metres and with a primary focus on selling food/beverages/tobacco and other groceries. Supermarkets may also sell a selection of non-groceries, but the product mix is skewed towards grocery items. Example brands include Casino, Kroger, and Tesco. Exception: In some markets, primarily the US, Australia and Hong Kong, there are grocery retailer brands that operate outlets with a selling space of over 2,500 square metres, but offer only a very limited range of non-grocery merchandise or none at all. These brands are included in Supermarkets.
See All of Our DefinitionsThis report originates from Passport, our Supermarkets research and analysis database.
If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extraction Free!