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Germany Retail Market Size by Sector and Channel including Online Retail, Key Players and Forecast to 2027

Germany Retail Market Size by Sector and Channel including Online Retail, Key Players and Forecast to 2027

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Germany Retail Market Size by Sector and Channel including Online Retail, Key Players and Forecast to 2027
Summary

This databook uses data from GlobalData’s Retail database showing the trends in the market and sectors by value. It also reveals the major retailers by market share in 2022 in each of the sectors. All data includes the impact recent events has had on sales in 2022 (estimated at the date of publication).

This databook provides both the historic and forecast market data of total retail sales in Germany. It illustrates the data with charts, graphs and tables summarizing the value trends, with individual sector details in overall retail. The forecasts include the impact of recent events on growth. The databook also reveals major retailers in each sector and their market share along with their price and market positioning in 2022.

Key Highlights

The overall retail industry in Germany is forecast to grow at a CAGR of 2.9% between 2022 and 2027 to reach EUR 775.3 bn.

Food & Grocery is the dominating sector with EUR 292.1 bn in 2022 and is the fastest growing sector, which will grow at 3.5% CAGR between 2022-2027 to reach EUR 346.8 bn.

Hypermarkets, supermarkets and hard discounters is the leading channel, but Duty-free retail channel is expected to see the maximum growth during the forecast period, registering a CAGR of 9.5% between 2022-2027 to reach EUR 1.8 bn.

The Germany retail industry is dominated by mass market players

Reasons to BuyGain a comprehensive view of the retail industry and forecasts to 2027Explore new opportunities that will allow you to align your product offerings and strategies to meet demand following the impact of recent events on the retail marketInvestigate current and forecast trends in retail sectors to identify the opportunities offering the most potentialUnderstand who the main competitors are in the sectors and their price positioning

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