Apparel and footwear specialists is still seen to have potential for further growth, with consumers showing an increasing interest in popular international brands. This is expected to entice more players to invest in the market with more new brands likely to appear, while others are expected to expand their number of outlets.
Non-grocery retailers are expected to leverage in-store services and experiences over the forecast period as they look to increase footfall and ward off competition from e-commerce. Some outlets are also launching personalised services and are using social media platforms and other tools to better communicate and engage with their shoppers.
In 2021, Ecuador’s government eliminated the tariff on personal imports of certain goods that fall into the “4x4” category, ie cases where the package has a value of less than USD400 and weighs less than 4kg. This could have a wide reaching impact on some non-grocery retailers in the country which look set to face greater competition from cross-border e-commerce platforms over the forecast period.
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Understand the latest market trends and future growth opportunities for the Non-Grocery Retailers industry in Ecuador 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 Non-Grocery Retailers industry in Ecuador, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Operators whose primary focus is selling merchandise that is not food/drink/tobacco from retail outlets, kiosks, or market stalls. This is the aggregation of general merchandise stores, apparel and footwear specialists, appliances and electronics specialists, home products specialists, health and beauty specialists, leisure and personal goods specialists, and other non-grocery retailers.See All of Our Definitions
This report originates from Passport, our Non-Grocery Retailers research and analysis database.
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