Retail in Taiwan
Retail in 2022: The big picture
Crossover channels become a strong trend in Taiwan
Livestreaming helps to further develop retail e-commerce in local market
Opening hours for physical retail
Summary 1 Standard Opening Hours by Channel Type 2022
Table 1 Sales in Retail by Retail Offline vs Retail E-Commerce: Value 2017-2022
Table 2 Sales in Retail by Retail Offline vs Retail E-Commerce: % Value Growth 2017-2022
Table 3 Sales in Retail Offline by Channel: Value 2017-2022
Table 4 Sales in Retail Offline by Channel: % Value Growth 2017-2022
Table 5 Retail Offline Outlets by Channel: Units 2017-2022
Table 6 Retail Offline Outlets by Channel: % Unit Growth 2017-2022
Table 7 Sales in Retail E-Commerce by Product: Value 2017-2022
Table 8 Sales in Retail E-Commerce by Product: % Value Growth 2017-2022
Table 9 Grocery Retailers: Value Sales, Outlets and Selling Space 2017-2022
Table 10 Grocery Retailers: Value Sales, Outlets and Selling Space: % Growth 2017-2022
Table 11 Sales in Grocery Retailers by Channel: Value 2017-2022
Table 12 Sales in Grocery Retailers by Channel: % Value Growth 2017-2022
Table 13 Grocery Retailers Outlets by Channel: Units 2017-2022
Table 14 Grocery Retailers Outlets by Channel: % Unit Growth 2017-2022
Table 15 Non-Grocery Retailers: Value Sales, Outlets and Selling Space 2017-2022
Table 16 Non-Grocery Retailers: Value Sales, Outlets and Selling Space: % Growth 2017-2022
Table 17 Sales in Non-Grocery Retailers by Channel: Value 2017-2022
Table 18 Sales in Non-Grocery Retailers by Channel: % Value Growth 2017-2022
Table 19 Non-Grocery Retailers Outlets by Channel: Units 2017-2022
Table 20 Non-Grocery Retailers Outlets by Channel: % Unit Growth 2017-2022
Table 21 Retail GBO Company Shares: % Value 2018-2022
Table 22 Retail GBN Brand Shares: % Value 2019-2022
Table 23 Retail Offline GBO Company Shares: % Value 2018-2022
Table 24 Retail Offline GBN Brand Shares: % Value 2019-2022
Table 25 Retail Offline LBN Brand Shares: Outlets 2019-2022
Table 26 Retail E-Commerce GBO Company Shares: % Value 2018-2022
Table 27 Retail E-Commerce GBN Brand Shares: % Value 2019-2022
Table 28 Grocery Retailers GBO Company Shares: % Value 2018-2022
Table 29 Grocery Retailers GBN Brand Shares: % Value 2019-2022
Table 30 Grocery Retailers LBN Brand Shares: Outlets 2019-2022
Table 31 Non-Grocery Retailers GBO Company Shares: % Value 2018-2022
Table 32 Non-Grocery Retailers GBN Brand Shares: % Value 2019-2022
Table 33 Non-Grocery Retailers LBN Brand Shares: Outlets 2019-2022
Table 34 Forecast Sales in Retail by Retail Offline vs Retail E-Commerce: Value 2022-2027
Table 35 Forecast Sales in Retail by Retail Offline vs Retail E-Commerce: % Value Growth 2022-2027
Table 36 Forecast Sales in Retail Offline by Channel: Value 2022-2027
Table 37 Forecast Sales in Retail Offline by Channel: % Value Growth 2022-2027
Table 38 Forecast Retail Offline Outlets by Channel: Units 2022-2027
Table 39 Forecast Retail Offline Outlets by Channel: % Unit Growth 2022-2027
Table 40 Forecast Sales in Retail E-Commerce by Product: Value 2022-2027
Table 41 Forecast Sales in Retail E-Commerce by Product: % Value Growth 2022-2027
Table 42 Grocery Retailers Forecasts: Value Sales, Outlets and Selling Space 2022-2027
Table 43 Grocery Retailers Forecasts: Value Sales, Outlets and Selling Space: % Growth 2022-2027
Table 44 Forecast Sales in Grocery Retailers by Channel: Value 2022-2027
Table 45 Forecast Sales in Grocery Retailers by Channel: % Value Growth 2022-2027
Table 46 Forecast Grocery Retailers Outlets by Channel: Units 2022-2027
Table 47 Forecast Grocery Retailers Outlets by Channel: % Unit Growth 2022-2027
Table 48 Non-Grocery Retailers Forecasts: Value Sales, Outlets and Selling Space 2022-2027
Table 49 Non-Grocery Retailers Forecasts: Value Sales, Outlets and Selling Space: % Growth 2022-2027
Table 50 Forecast Sales in Non-Grocery Retailers by Channel: Value 2022-2027
Table 51 Forecast Sales in Non-Grocery Retailers by Channel: % Value Growth 2022-2027
Table 52 Forecast Non-Grocery Retailers Outlets by Channel: Units 2022-2027
Table 53 Forecast Non-Grocery Retailers Outlets by Channel: % Unit Growth 2022-2027
Summary 2 Research Sources
Convenience Retailers in Taiwan
Convenience stores achieves record sales performance in 2022
Local consumers value the convenience of local stores in addition to online services
Increasing number of partnerships that are strengthening retail network
Future development of 7-Eleven will help drive convenience retailers
More combined formats within convenience stores
Retail e-commerce to drive further development in fulfilment of fresh food orders
Table 54 Convenience Retailers: Value Sales, Outlets and Selling Space 2017-2022
Table 55 Convenience Retailers: Value Sales, Outlets and Selling Space: % Growth 2017-2022
Table 56 Sales in Convenience Retailers by Channel: Value 2017-2022
Table 57 Sales in Convenience Retailers by Channel: % Value Growth 2017-2022
Table 58 Convenience Retailers GBO Company Shares: % Value 2018-2022
Table 59 Convenience Retailers GBN Brand Shares: % Value 2019-2022
Table 60 Convenience Retailers LBN Brand Shares: Outlets 2019-2022
Table 61 Convenience Retailers Forecasts: Value Sales, Outlets and Selling Space 2022-2027
Table 62 Convenience Retailers Forecasts: Value Sales, Outlets and Selling Space: % Growth 2022-2027
Table 63 Forecast Sales in Convenience Retailers by Channel: Value 2022-2027
Table 64 Forecast Sales in Convenience Retailers by Channel: % Value Growth 2022-2027
Supermarkets in Taiwan
PX Mart continues to benefit from high demand for online groceries
Uni-President to acquire Carrefour Market
Simple Mart’s strategies to drive growth
PX Mart partners with fintech to analyse consumers’ shopping behaviour
Increasing competition within grocery e-commerce
PX Mart will continue to dominate but smaller brands are gaining ground
Table 65 Supermarkets: Value Sales, Outlets and Selling Space 2017-2022
Table 66 Supermarkets: Value Sales, Outlets and Selling Space: % Growth 2017-2022
Table 67 Supermarkets GBO Company Shares: % Value 2018-2022
Table 68 Supermarkets GBN Brand Shares: % Value 2019-2022
Table 69 Supermarkets LBN Brand Shares: Outlets 2019-2022
Table 70 Supermarkets Forecasts: Value Sales, Outlets and Selling Space 2022-2027
Table 71 Supermarkets Forecasts: Value Sales, Outlets and Selling Space: % Growth 2022-2027
Hypermarkets in Taiwan
Further solid sales growth for hypermarkets in 2022
Uni-President fully acquires leading brand Carrefour for 2023 completion
PX Mart’s owner acquires RT Mart
Creating a seamless shopping experience
Strategic partnerships in compound stores
Table 72 Hypermarkets: Value Sales, Outlets and Selling Space 2017-2022
Table 73 Hypermarkets: Value Sales, Outlets and Selling Space: % Growth 2017-2022
Table 74 Hypermarkets GBO Company Shares: % Value 2018-2022
Table 75 Hypermarkets GBN Brand Shares: % Value 2019-2022
Table 76 Hypermarkets LBN Brand Shares: Outlets 2019-2022
Table 77 Hypermarkets Forecasts: Value Sales, Outlets and Selling Space 2022-2027
Table 78 Hypermarkets Forecasts: Value Sales, Outlets and Selling Space: % Growth 2022-2027
Small Local Grocers in Taiwan
Online ordering becomes normal practice since pandemic
Online express delivery and greater interest in local, organic produce
Increasing number of small local grocers to boost online presence to attract consumers
Reconstruction of traditional markets as part of modernisation strategy
Strengthening cold chain technology to further adapt to online grocery orders
Table 79 Small Local Grocers: Value Sales, Outlets and Selling Space 2017-2022
Table 80 Small Local Grocers: Value Sales, Outlets and Selling Space: % Growth 2017-2022
Table 81 Small Local Grocers GBO Company Shares: % Value 2018-2022
Table 82 Small Local Grocers GBN Brand Shares: % Value 2019-2022
Table 83 Small Local Grocers LBN Brand Shares: Outlets 2019-2022
Table 84 Small Local Grocers Forecasts: Value Sales, Outlets and Selling Space 2022-2027
Table 85 Small Local Grocers Forecasts: Value Sales, Outlets and Selling Space: % Growth 2022-2027
General Merchandise Stores in Taiwan
Leading department store Shin Kong Mitsukoshi launches a new format
Far East Sogo benefits from digital development
MUJI expands with new retail partnership
Opportunities in new formats and suburban shopping centres
Department stores look to differentiate from competitors
Variety stores expected to continue opening new outlets over the forecast period
Table 86 General Merchandise Stores: Value Sales, Outlets and Selling Space 2017-2022
Table 87 General Merchandise Stores: Value Sales, Outlets and Selling Space: % Growth 2017-2022
Table 88 Sales in General Merchandise Stores by Channel: Value 2017-2022
Table 89 Sales in General Merchandise Stores by Channel: % Value Growth 2017-2022
Table 90 General Merchandise Stores GBO Company Shares: % Value 2018-2022
Table 91 General Merchandise Stores GBN Brand Shares: % Value 2019-2022
Table 92 General Merchandise Stores LBN Brand Shares: Outlets 2019-2022
Table 93 General Merchandise Stores Forecasts: Value Sales, Outlets and Selling Space 2022-2027
Table 94 General Merchandise Stores Forecasts: Value Sales, Outlets and Selling Space: % Growth 2022-2027
Table 95 Forecast Sales in General Merchandise Stores by Channel: Value 2022-2027
Table 96 Forecast Sales in General Merchandise Stores by Channel: % Value Growth 2022-2027
Apparel and Footwear Specialists in Taiwan
Uniqlo utilises digital strategies as part of omnichannel approach to sales
Livestreaming targets tech-savvy consumers
Local brands gain further share in post-pandemic era
Innovating the in-store experience
Further outlet expansion to capture return of inbound tourism
Localised branding and sustainable efforts
Table 97 Apparel and Footwear Specialists: Value Sales, Outlets and Selling Space 2017-2022
Table 98 Apparel and Footwear Specialists: Value Sales, Outlets and Selling Space: % Growth 2017-2022
Table 99 Apparel and Footwear Specialists GBO Company Shares: % Value 2018-2022
Table 100 Apparel and Footwear Specialists GBN Brand Shares: % Value 2019-2022
Table 101 Apparel and Footwear Specialists LBN Brand Shares: Outlets 2019-2022
Table 102 Apparel and Footwear Specialists Forecasts: Value Sales, Outlets and Selling Space 2022-2027
Table 103 Apparel and Footwear Specialists Forecasts: Value Sales, Outlets and Selling Space: % Growth 2022-2027
Appliances and Electronics Specialists in Taiwan
Leading specialist retailers enjoy further sales growth in 2022
Ongoing disruptions to the supply chain
E-Life Mall continues to expand Digital City format
Increasing competition from grocery retailers
Players aim to seize dynamic sales periods
Challenges in driving smart appliances
Table 104 Appliances and Electronics Specialists: Value Sales, Outlets and Selling Space 2017-2022
Table 105 Appliances and Electronics Specialists: Value Sales, Outlets and Selling Space: % Growth 2017-2022
Table 106 Appliances and Electronics Specialists GBO Company Shares: % Value 2018-2022
Table 107 Appliances and Electronics Specialists GBN Brand Shares: % Value 2019-2022
Table 108 Appliances and Electronics Specialists LBN Brand Shares: Outlets 2019-2022
Table 109 Appliances and Electronics Specialists Forecasts: Value Sales, Outlets and Selling Space 2022-2027
Table 110 Appliances and Electronics Specialists Forecasts: Value Sales, Outlets and Selling Space: % Growth 2022-2027
Home Products Specialists in Taiwan
Increasing demand for premium home furniture
Leading homewares and home furnishing stores increase prices due to rising costs
ETpets strengthens leadership of pet shops in Taiwan
IKEA continues to promote circular economy
Expanded retail sales channels to drive further growth
Physical stores will remain important
Table 111 Home Products Specialists: Value Sales, Outlets and Selling Space 2017-2022
Table 112 Home Products Specialists: Value Sales, Outlets and Selling Space: % Growth 2017-2022
Table 113 Sales in Home Products Specialists by Channel: Value 2017-2022
Table 114 Sales in Home Products Specialists by Channel: % Value Growth 2017-2022
Table 115 Home Products Specialists GBO Company Shares: % Value 2018-2022
Table 116 Home Products Specialists GBN Brand Shares: % Value 2019-2022
Table 117 Home Products Specialists LBN Brand Shares: Outlets 2019-2022
Table 118 Home Products Specialists Forecasts: Value Sales, Outlets and Selling Space 2022-2027
Table 119 Home Products Specialists Forecasts: Value Sales, Outlets and Selling Space: % Growth 2022-2027
Table 120 Forecast Sales in Home Products Specialists by Channel: Value 2022-2027
Table 121 Forecast Sales in Home Products Specialists by Channel: % Value Growth 2022-2027
Health and Beauty Specialists in Taiwan
Watsons and Cosmed compete closely with Great Tree Pharmacy
Cosmed ventures into pharmacies
Digital innovations to improve in-store experience
PCHome’s Bibian expands portfolio of health and beauty products
Customer service is increasingly important
Competition likely to intensify
Table 122 Health and Beauty Specialists: Value Sales, Outlets and Selling Space 2017-2022
Table 123 Health and Beauty Specialists: Value Sales, Outlets and Selling Space: % Growth 2017-2022
Table 124 Sales in Health and Beauty Specialists by Channel: Value 2017-2022
Table 125 Sales in Health and Beauty Specialists by Channel: % Value Growth 2017-2022
Table 126 Health and Beauty Specialists GBO Company Shares: % Value 2018-2022
Table 127 Health and Beauty Specialists GBN Brand Shares: % Value 2019-2022
Table 128 Health and Beauty Specialists LBN Brand Shares: Outlets 2019-2022
Table 129 Health and Beauty Specialists Forecasts: Value Sales, Outlets and Selling Space 2022-2027
Table 130 Health and Beauty Specialists Forecasts: Value Sales, Outlets and Selling Space: % Growth 2022-2027
Table 131 Forecast Sales in Health and Beauty Specialists by Channel: Value 2022-2027
Table 132 Forecast Sales in Health and Beauty Specialists by Channel: % Value Growth 2022-2027
Vending in Taiwan
Convenience stores scramble to install smart vending
7-Eleven's smart vending partners with Foodomo
Further growth potential for the channel, driven by smart vending concept
Technology meets changing lifestyles
Vending is highly depended on a location’s characteristics
Table 133 Vending by Product: Value 2017-2022
Table 134 Vending by Product: % Value Growth 2017-2022
Table 135 Vending GBO Company Shares: % Value 2018-2022
Table 136 Vending GBN Brand Shares: % Value 2019-2022
Table 137 Vending Forecasts by Product: Value 2022-2027
Table 138 Vending Forecasts by Product: % Value Growth 2022-2027
Direct Selling in Taiwan
Riway strengthens leadership of direct selling in 2022, leveraging gains made during pandemic
Amway launches mobile app to address digitalisation of direct selling
Pro Partner's probiotics benefit from dominance of dietary supplements
Increasing number of direct sellers to support ongoing positive performance
Direct selling to increasingly compete with retail e-commerce
Table 139 Direct Selling by Product: Value 2017-2022
Table 140 Direct Selling by Product: % Value Growth 2017-2022
Table 141 Direct Selling GBO Company Shares: % Value 2018-2022
Table 142 Direct Selling GBN Brand Shares: % Value 2019-2022
Table 143 Direct Selling Forecasts by Product: Value 2022-2027
Table 144 Direct Selling Forecasts by Product: % Value Growth 2022-2027
Retail E-Commerce in Taiwan
Shopee Live and LINE help accelerate livestreaming e-commerce
Shopee Mall Marketplace gains overall leadership of retail e-commerce
New development direction for PCHome to address issues
Livestreaming will continue to heat up the e-commerce space
Momo launches large-scale recruitment drive
Table 145 Retail E-Commerce by Product and Category: Value 2017-2022
Table 146 Retail E-Commerce by Product and Category: % Value Growth 2017-2022
Table 147 Retail E-Commerce GBO Company Shares: % Value 2018-2022
Table 148 Retail E-Commerce GBN Brand Shares: % Value 2019-2022
Table 149 Forecast Retail E-Commerce by Product and Category: Value 2022-2027
Table 150 Forecast Retail E-Commerce by Product and Category: % Value Growth 2022-2027