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Learn moreJan 2018
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Non-grocery specialists witnessed a slowdown in retail value growth towards the end of the review period. This was mainly due to the economic downturn which limited disposable incomes and encouraged a switch to essential or cheaper products.
In retailing, the grocery-non-grocery value share split moved in favour of the former over the review period, as reduced disposable incomes saw consumers prioritise more essential products. However, many consumers, unwilling to compromise on their lifestyles, turned to credit to maintain consumption.
The commercial property market has seen intense development in Belarus. The consumer shift from single stores to shopping centres underpinned the opening of two large malls: Galleria Minsk and Dana Mall.
The competition is growing among non-grocery specialists as consumers prioritise grocery over non-grocery products. In addition, reduced disposable incomes support the demand for lower-priced products.
The competitive landscape of non-grocery specialists is consolidated or fragmented depending on the product type. Apparel and footwear specialist retailers is highly fragmented, although consumers often choose retailers with a strong outlet presence, wide assortments and competitive prices.
In 2017, state-owned companies continued to lose retail value shares. For example, the leading non-grocery specialist, Pharmacia, ceded value share in health and beauty specialist retailers and overall.
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Overview
Discover the latest market trends and uncover sources of future market growth for the Non-Grocery Retailers industry in Belarus 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 Non-Grocery Retailers industry in Belarus, our research will save you time and money while empowering you to make informed, profitable decisions.
The Non-Grocery Retailers in Belarus market research report includes:
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This industry report originates from Passport, our Retailing market research database.
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.