Supermarkets And Hypermarkets Market is Projected to Reach $2815.9 Billion by 2023 | TBRC Report Insights | Covid 19 Impact And Recovery

The Business Research Company offers "Supermarkets And Hypermarkets Global Market Report 2020-30: Covid 19 Impact And Recovery" in its research report store. It is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market’s historic and forecast growth, and highlights important trends and strategies that players in the market can adopt.

The global supermarkets and hypermarkets market is expected to decline from $2456.2 billion in 2019 to $2435.8 billion in 2020 at a compound annual growth rate (CAGR) of -0.9%. The decline is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and grow at a CAGR of 5% from 2021 and reach $2815.9 billion in 2023.

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The supermarkets and hypermarkets market consists of sales of all sorts of fresh, frozen and canned foods and dry goods, including such as tea, coffee, spices, sugar, and flour; fresh fruits and vegetables; and fresh and prepared meats, fish, and poultry to ultimate users. They also have non food items in their portfolio. They typically operate on the self-service principle.

Supermarkets and Hypermarkets are increasingly using Internet of Things (IoT) and other connected devices to optimize energy efficiency. IoT and coolers, freezers, HVAC units and others power-using equipment are connected to a centralized program that help the retailers to get an accurate picture and information of their energy use which can be used to manage equipment performance and utilize settings for optimum temperatures and lighting.

Supermarkets And Hypermarkets Market Segmentation: -
By Type
Supermarkets
Hypermarkets

By Ownership
Retail Chain
Independent Retailer

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Few Points From Table Of Content
1. Executive Summary
2. Report Structure
3. Supermarkets And Hypermarkets Market Characteristics
4. Supermarkets And Hypermarkets Market Product Analysis
5. Supermarkets And Hypermarkets Market Supply Chain
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20. Key Mergers And Acquisitions In The Supermarkets And Hypermarkets Market
21. Market Background: Retail Market
22. Recommendations
23. Appendix
24. Copyright And Disclaimer

The report covers the trends and market dynamics of the Supermarkets And Hypermarkets Market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.

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Some of the key players involved in the Supermarkets And Hypermarkets Market are Target CorporationCarrefour; Aldi; Wal-Mart; Tesco; Carrefour

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