Insights of russian consumer good business tikkurila. Market and beru aliexpress russia is estimated to take 14% of russian ecommerce market to 2023. Russian ecommerce market is not yet consolidated, top6 national players account for 23% of the market the trend for market consolidation will continue, resulting in 49% of national players market share to 2023, mostly driven by yandex. Just like in the capital, retail property market in other regions of russia did not see any significant amount of new retail space supply, with 20 hitting the unprecedentedly low level in terms of growth rate. Analysis covers the markets key participants including major retail chains and direct sellers, most influential trends, and highvolume distribution channels. Grocery retail in poland 20102020 detailed analysis of convenience and proximity supermarkets segments foreword we are happy to present the extended version of the polish grocery retail market in 20102020 report published by roland berger in august 2016. Kuleshov, viljainenexamined how far the reforms have advanced in the russian retail electricity market and discussed social, political and technological barriers to market liberalization kuleshov. Russia consumer goods and retail analysis and data from. The country commercial guide 2019 presents an overview of russias commercial climate, including economic, political, and market analyses.
Russian ecommerce market grows by 26% the moscow times. Besides, there is a natural aging of retail properties. Russian pharmaceutical market trends in 2018 russian pharmaceutical market in figures market size forecast and dynamics in ruble terms in us dollar terms source. Comprehensive overview of the market, consumer, and competitive context, with retail sales value and forecasts to 2018. Nevertheless, the russian retail market is still highly fragmented with the 10 largest retailers by revenue controlling just 26. We also identified the extent of russian consumers concerns. Apparel, footwear, fabrics retail price dynamics, relative to 1h of the previous year, 20122016. Earlier, in the middle of may 2015, despite the recession in russias economy, one of the leaders of world retail, the french hypermarket chain carrefour, announced its return to the russian market. In 20, the russian retail markets turnover amounted to 23. We provide our clients with customer analytics solutions that are focused on optimising the benefits from customer interactions, in both online and. All content on is for your general information and use only and is not intended to address your particular requirements. This report on competition law and policy in the russian federation was prepared to assist the oecd competition committee in assessing the willingness and ability of russia to assume the obligations of oecd membership. The retailer has managed to grow fast, reaching the highest ranks of the russian grocery retail market, and now has ambitions to expand internationally. Shift from traditionals which have reduced their participation in the market from 74% in 2007 to 54% in 2014.
Russian retail market share by segment 20072016 statista. Overall, we expect real consumer spending growth to slow to 2. If you want to be part of russias growing ecommerce. The limited size of the market is clear from the small sales volumes of russian online retailers in comparison with major foreign players. Dopfer senior advisor and liaison officer of schneider group for the european fashion industry. This primer for doing business in the russian federation is prepared annually through the combined efforts of several u. Over 100,000 clients now trading equities on moex daily. A large population and the relatively low level of development still make the russian retail market a promising target for future investment in the. Omnichanel last mile a last mile benchmark series russian. The decline of the share of traditionals in 2014 c. Overview of the russian and cis automotive industry. This statistic presents the number of retail markets in russia from 2007 to 2019. Russias ecommerce market continued to grow at doubledigit rates last year even as offline retail was severely affected by the economic crisis see russian ecommerce report. Sales revenue will continue to report solid positive sales performance and improved earnings.
Dsm group, central bank of russia, institute for scientific forecasting of the russian academy of sciences 31. In the kirov oblast, their overall share of all retail sales in 2010 is now only 5%. The activity of new international retail operators is decreasing. This 2018 retail trends deck is based on presentations and discussions from the national retail federation s annual big show conference.
Reliance on conventional measures of national market share and concentration thus likely understate the true extent of horizontal dominance in many russian markets. Nevertheless, the russian retail market is still highly fragmented with the 10 largest retailers by revenue controlling just 26 percent of the market 18 percent in 2009. Overall the russian retail market will maintain a level of store expansion levels on par with 2016. The smallest retail market is the russia far east with a population density of one person per square km. The number of russian retail markets has been gradually decreasing since 2007. Results of a comparative study suggest that the russian retail market in still being at the stage of a rapid development featuring a highly heterogeneous spatial. This statistic illustrates the turnover of the russian retail market from 2007 to 2016. Pet products market brief january 10, 2014 2 stores. Out of all pharmaceutical sales they constitute only 39. Russia consumer goods and retail service offers analysis, data and forecasts from the eiu to support industry executives decisionmaking. If you want to be part of russias growing ecommerce market. Russian retail market continues expansion for food products.
Read more turnover share of the russian retail market from 2007 to 2016, by segment. The russian pharmaceutical market can be divided by prescription drugs and over the counter drugs. From the 3th till the 8th of june 2019 will be held the russian retail week, which is a largescale retail industry event with the participation of business and government. Largest retailers increasing market share in russia and planning expansion according to the latest research by cbre, retail chains in the wake of demand changes, massmarket and economy retailers are actively developing their chains. Competition law and policy in the russian federation 20. Profile of the russian fashion retail market of today and tomorrow reinhard e. The company recently signed a lease to open its fourth location in the river mall in moscow, where it. In the 1990s, a very large part of russian retail trade was conducted in markets. The top two russian retailers, magnit and x5, will continue to expand stores rapidly, at least 2,000 new stores each. Russian retail giants such as the x5 retail group, magnit, seventh continent and dixie chains are still among the top russian retail players. Thus, only 17 new brands entered the russian market, just like a year ago.
New york, april 24, 2012 prnewswire announces that a new market research report is available in its catalogue market opportunities and business strategies in online retail. International premium brands show their growing interest in moscow highstreets. The main share of market 30% public catering enterprises. Carrefour abandons russian food retail market retail food sector dana l. Mgd market has been progressing at a accelerated pace during the last years 25. European brands are not pulling out of russian market, instead many are increasing investments and keep the profit at the 2014 level. Russian energy market the nodal energy market model adopted in russia differs in many ways from the one in nordic countries. So, this year lush russia plans to build up facilities production nearby moscow. Retail sales in moscow now exceed paris and london russia is expected to be the largest consumer market in europe by 2025 russians are travelling and spending a significant amount of money. In russia there exists unit commitment process which is kind of preliminary selection process of generators wishing to participate at the wholesale day. Thus, about 30% of the total volume of retail space approached the market in 20142016. Clothing and footwear retail market in russia 2018 market analysis and development forecasts for 20182023 they trusted us. Russian market europes secondlargest grocery1 retail market in 5 years 1 longterm fundamentals unchanged. Russian food retail market, major obstacles to market entry exist, including a complicated legislative framework, government bureaucracy, and red tape.
The district accounted for less than 4% of total sales in 2012. Oct 16, 2018 the russian ecommerce market could develop according to a chinese scenario. The sales of generic drugs dominate in the prescription category at 64. The rent rates for retail premises in shopping centers didnt change substantially and mostly remained flat. Characteristics of the retail technology development in russia. Going into 2020, consumers face three key challenges. Food and grocery retailing in russia market summary and forecasts. Pmr industry report clothing and footwear retail market in. More retail space was added to the market in various russian regions rather than in moscow. This work represents an attempt to determine the degree of concentration on the russian food retail market within the context of economic downfall, as well as the. Russian federation retail foods russian retail market. Facilities put on the market in q1 2015 accounted for 75% of the new space added to the stock this year. The most active participants in the street retail market remain restaurants and cafes, banks and food chains.
In particular, the content does not constitute any form of advice, recommendation, representation, endorsement or arrangement by ft and is not intended to be relied upon by users in making or refraining from making any specific investment or other decisions. Street retail commercial and retail space saint petersburg 2017 highlights the minimum level of vacant space was registered on the main shopping highways of the city, the maximum in sleeping quarters. The report covers the period between 20 and 2022, including the structure, value. In certain sectors there are no major players due to a lack of investment. Clothing and footwear retail market in russia 2017 pmr. The deck highlights themes that we will see emerge within the consumer and retail market this year. This page provides the latest reported value for russia retail sales mom plus previous releases, historical high. The five forces which have been analyzed are threats from the competitors, threats from the substitutes, bargaining capacity of the buyers as well as the suppliers and the strength of the rivalry amongst the existing business players in the. The event is a great platform to form main directions of retail industry development, to determine the state approaches to the development of modern and civilized retail market, to resolve the industry problems. This allinclusive publication equips readers with broadbased knowledge of the russian retail market for cosmetics. Russias retail market is set to explode, with around 1.
Profile of the russian fashion retail market of today and tomorrow. The role of chains in the russian retail sector european. Russias retail and consumer market is likely to sustain a wave of joint ventures with foreign investors. The report provides the latest value data for the market as well as data describing russias macroeconomic and. Since then the share of retail trade taken by markets has gradually fallen. Profile of the russian fashion retail market of today and. Food and grocery retailing in russia market summary and. Development features of retail chains in russia semantic scholar. Competition law and policy in the russian federation. Data on 328 firms in a 1997 world bank russian academy of science wbras survey4 reveal that the average market share at the oblast level is 43%.
Retail market report moscow h1 2015 h1 2015 has experienced the opening of six shopping malls with a total area of 778 thousand sq m gla 316. The vector of development of the russian retail property market keeps shifting towards smaller cities. Russian federation retail foods retail sector continues to expand. In this article five forces model of michael porter has been used for describing the challenges to the retail industry in the contemporary global scenario. Council takes part in the elaboration of wholesale and retail electricity and capacity market rules. Ecommerce still only represents 34% of the total russian retail market 4% if including crossborder online sales. Having said that, russias retail market remains highly fragmented compared with. Challenges to the retail sector as per michael porters five. The electronics market is supported by dubais position as a regional hub for trade flows and reexporter of devices in this segment of the retail market is also supported by the. Modern retail now constitutes 68 percent of the russian grocery market and is poised for more growth.
Corruption also persists at both regional and local levels, further hindering business development. Consumer spending is the lifeblood of the retail industry. The report gained noticeable market traction with number of. Russian consumer market and fmcg retail chains rating demo. According to different estimates, the quantity of special pet stores varies from 400 up to 750 in moscow and from 200 up to 400 in st. The market of the capital did not experience any supply increase of quality retail space in. Russian federation retail foods retail sector continues to. Just like in china, we think the following is required for an ecommerce market leader in russia to thrive. Market opportunities and business strategies in online. The report contains a thorough analysis of the situation on the russian clothing and footwear market, as well as in its two main segments clothing, footwear, including the impact of macroeconomic factors, legislative changes as well as the financial and development plans of the largest and medium retailers. September, and its third outlet was scheduled to begin operations in lipetsk before the end of the year. The deck highlights themes that we will see emerge within the. The prescription drugs sales historically took the biggest share of the market, capturing 61% of the market in 2016. Market reports on russia russia country commercial guide.
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