As stated, the e-commerce sales of companies in Chile continue to show healthy growth, and e-commerce is set to continue to attract Chilean consumers, with 26% of respondents reporting in Euromonitor’s Consumer Lifestyles survey that they buy online groceries and household essentials at least weekly (overall stable when compared with 2021). Nevertheless, the explosion of the channel has already happened.
While quick commerce, from the likes of Rappi Turbo and Pedidos Ya Market and their many competitors, was expected to increase the competition for online grocery retailing for Lider, Tottus, and Jumbo, the reality is that the small selection of products and the limited geographical reach of many of these options has limited the effect they have and the consumer perception of their usefulness. Many players announced their entry to the competition in 2021 and early 2022, but by the end of the latter year many had closed their operations.
Over the forecast period, the leadership in hypermarkets is set to continue to depend on players’ efforts to increase the products offered and position themselves as the places where most consumers will find the options they are looking for. A reality of the COVID-19 disruption to production chains was that the product variety on shelves was also affected, with consumers increasingly reporting stock-outs.
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Understand the latest market trends and future growth opportunities for the Hypermarkets industry in Chile 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 Hypermarkets industry in Chile, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Hypermarkets are chained or independent retail outlets with a selling space of over 2,500 square metres and with a focus on selling both grocery and non-grocery merchandise. Hypermarkets are frequently located on out-of-town sites with large parking lots or as the anchor store in a shopping centre. Example brands include Carrefour, E Leclerc, and Walmart Supercenter.See All of Our Definitions
This report originates from Passport, our Hypermarkets research and analysis database.
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