It is anticipated that inflation will have a lasting impact on the way consumers make decisions in the forecast period. As such, many people are expected to be judicious with their money, prioritising essential goods.
After a period of inactivity, caused by the pandemic, new non-grocery retailer outlets are expected to open in the short and medium term. For example, a new outlet, Vilnius Outlet, opened at the end of 2021 and has become increasingly popular with customers who are returning to offline shopping.
Many people started visiting general practitioners again at the end of the review period, at the expense of pharmacies. Consequently, pharmacies is expected to record relatively healthy retail value sales growth (at constant 2022 prices) in 2024, after which sales growth is likely to stagnate for the rest of the forecast period.
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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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