Warehouse Clubs & Supercenters in the US - Industry Market Research Report

Warehouse Clubs & Supercenters in the US - Industry Market Research Report
Warehouse Clubs & Supercenters in the US

Swings in the general economy mostly don't impact the Warehouse Clubs and Supercenters industry because of their low-priced offerings. Specifically, when consumer sentiment is high, shoppers spend more when visiting industry establishments and buying extra items. Conversely, when consumer sentiment is low, warehouse clubs and superstores draw a larger pool of consumers as households seek to cut expenses by buying in bulk for the future. Furthermore, warehouse clubs and supercenters are considered essential businesses and have experienced relatively little disruption throughout COVID-19 and the continued unstable economic conditions. Industry revenue has been increasing at a CAGR of 2.0% over the past five years, including an estimated 0.3% increase in the current year, and is expected to total $647.4 billion in 2023. In the same year, profit is projected to decrease to 4.7%.

This industry includes large stores that primarily retail a general line of grocery products and merchandise items (e.g. apparel and appliances). Warehouse clubs offer customers a wide selection of goods, often in bulk and at discounted prices, in exchange for a membership fee paid by each customer. Supercenters are large discount department stores that also sell perishable groceries. However, unlike warehouse clubs, supercenters do not have membership requirements for customers.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.