Non-grocery specialists is expected to generate strong sales growth over the forecast period and this is set to be based mainly on political stability, economic development, rising income levels and the expansion of the middle class. Indeed, conspicuous consumption is becoming much more prevalent among newly affluent aspirational consumers.
As Cameroon is a country of predominantly low-income consumers, during the forecast period, the majority of the population are expected to remain value-conscious, with low prices and value for money set to be the main priorities during the purchase decision-making process. At the same time, however, even low-income Cameroonians are becoming more aware of global trends and this means that they are also becoming more discerning and interested in fashionable items, especially in apparel and footwear.
The review period saw several major global consumer electronics and consumer appliances brands opening mono-brand electronics and appliance specialist retailers in Cameroon. Samsung, LG and Huawei are the best examples of this trend as they sought to take advantage of their rising popularity in the country.
Non-grocery specialists remains a channel dominated by companies and retail brands present in apparel and footwear specialist retailers on the one hand and electronics and appliance specialist retailers on the other. Among the top ten brands in non-grocery specialist in 2017 were apparel and footwear specialist retailers Zara, Camaïeu and Celio, while the remaining seven places were occupied by electronics and appliance specialist retailers such as Samsung, Afrilec, Arno, LG, Mahima Electromanger, La Paz and Alex Mobile.
Prominent among the most dynamic retailers in non-grocery specialists towards the end of the review period were players that cater specifically to affluent consumers. These include Zara, Samsung, LG, Celio and Aldo.
International players continue to dominate sales in non-grocery specialists. Although the vast majority of Cameroonian consumers survive on low incomes, income levels are rising, in general, across the country and people are becoming less price-sensitive.
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Understand the latest market trends and future growth opportunities for the Non-Grocery Retailers industry in Cameroon 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.
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This report originates from Passport, our Non-Grocery Retailers research and analysis database.
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