Mixed Retailers in
Country Report
Executive Summary
Jan 2017TRENDS
During 2016, the growing sophistication of Malaysia consumers drove them to look for unique products, especially with their rising exposure to international brands and trends via the internet and overseas travel. Unfortunately, this drew consumers away from mixed retailers. The increasing expectations of an attractive retail experience also led consumers to boutiques, especially when purchasing luxury goods.
COMPETITIVE LANDSCAPE
AEON Co (M) Bhd led mixed retailers with a 22% value share in 2016 due to its strong position in department stores. Targeting mainly mass consumers, the retailer’s portfolio is oriented more towards mid-priced brands and this helped it to attract consumers amidst softening economic conditions in 2016.
PROSPECTS
Mixed retailers is expected to continue registering positive growth over the forecast period, although this growth is set to be considerably slower than the 7% value CAGR recorded in the channel at constant 2016 prices over the review period. This slowdown is set to stem from the channel returning to stability after the aggressive expansion of the leading department stores in the country during the review period, which inflated growth rates in the channel. The convenience of been able to obtain a wide variety of products under one roof is set to continue contributing to the positive performance of mixed retailers during the forecast period. It is thus expected that the product portfolios of most of Malaysia’s leading mixed retailers will expand as these retailers seek to cater to the needs of more consumers, not least because the country’s younger consumers are starting to prefer non-grocery specialist retailers in search of unique products and higher quality.
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Overview
Discover the latest market trends and uncover sources of future market growth for the Mixed Retailers industry in Malaysia with research from Euromonitor's team of in-country analysts.
Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.
If you're in the Mixed Retailers industry in Malaysia, our research will save you time and money while empowering you to make informed, profitable decisions.
The Mixed Retailers in Malaysia market research report includes:
- Analysis of key supply-side and demand trends
- Detailed market shares for international and locally-based retailers
- Historic number of stores, selling space and values, company and brand market shares
- Five year forecasts of market trends and market growth
- Robust and transparent market research methodology, conducted in-country
Our market research reports answer questions such as:
- How big is the Mixed Retailers channel in Malaysia?
- Who are the leading retailers in Malaysia?
- How are mixed retailers competing against the growth of grocery retailers?
- Are consumers switching towards value retailers or moving upmarket?
Why buy this report?
- Gain competitive intelligence about market leaders
- Track key industry trends, opportunities and threats
- Inform your marketing, brand, strategy and market development, sales and supply functions
This industry report originates from Passport, our Retailing market research database.
Mixed Retailers in Malaysia - Company Profiles
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