Retailing in Dominican Republic

Retailing in Dominican Republic

EXECUTIVE SUMMARY

Economic conditions continue to support retailing

Consumers demand greater online presence from retailers

Cross-border transactions continue to dominate e-commerce

Major players retain their leadership in 2019

Steady growth is forecast for retailing

OPERATING ENVIRONMENT

Informal retailing

Opening hours

Summary 1 Standard Opening Hours by Channel Type 2019

Physical retail landscape

Cash and carry

Seasonality

Mother’s Day
Father’s Day
Back to School
Christmas

Payments and delivery

Emerging business models

MARKET DATA

Table 1 Sales in Retailing by Store-based vs Non-Store: Value 2014-2019
Table 2 Sales in Retailing by Store-based vs Non-Store: % Value Growth 2014-2019
Table 3 Sales in Store-Based Retailing by Channel: Value 2014-2019
Table 4 Sales in Store-Based Retailing by Channel: % Value Growth 2014-2019
Table 5 Store-Based Retailing Outlets by Channel: Units 2014-2019
Table 6 Store-Based Retailing Outlets by Channel: % Unit Growth 2014-2019
Table 7 Sales in Non-Store Retailing by Channel: Value 2014-2019
Table 8 Sales in Non-Store Retailing by Channel: % Value Growth 2014-2019
Table 9 Non-Grocery Specialists: Value Sales, Outlets and Selling Space 2014-2019
Table 10 Non-Grocery Specialists: Value Sales, Outlets and Selling Space: % Growth 2014-2019
Table 11 Sales in Non-Grocery Specialists by Channel: Value 2014-2019
Table 12 Sales in Non-Grocery Specialists by Channel: % Value Growth 2014-2019
Table 13 Non-Grocery Specialists Outlets by Channel: Units 2014-2019
Table 14 Non-Grocery Specialists Outlets by Channel: % Unit Growth 2014-2019
Table 15 Retailing GBO Company Shares: % Value 2015-2019
Table 16 Retailing GBN Brand Shares: % Value 2016-2019
Table 17 Store-based Retailing GBO Company Shares: % Value 2015-2019
Table 18 Store-based Retailing GBN Brand Shares: % Value 2016-2019
Table 19 Store-based Retailing LBN Brand Shares: Outlets 2016-2019
Table 20 Non-Store Retailing GBO Company Shares: % Value 2015-2019
Table 21 Non-Store Retailing GBN Brand Shares: % Value 2016-2019
Table 22 Non-Grocery Specialists GBO Company Shares: % Value 2015-2019
Table 23 Non-Grocery Specialists GBN Brand Shares: % Value 2016-2019
Table 24 Non-Grocery Specialists LBN Brand Shares: Outlets 2016-2019
Table 25 Non-Grocery Specialists LBN Brand Shares: Selling Space 2016-2019
Table 26 Forecast Sales in Retailing by Store-based vs Non-Store: Value 2019-2024
Table 27 Forecast Sales in Retailing by Store-based vs Non-Store: % Value Growth 2019-2024
Table 28 Forecast Sales in Store-Based Retailing by Channel: Value 2019-2024
Table 29 Forecast Sales in Store-Based Retailing by Channel: % Value Growth 2019-2024
Table 30 Forecast Store-Based Retailing Outlets by Channel: Units 2019-2024
Table 31 Forecast Store-Based Retailing Outlets by Channel: % Unit Growth 2019-2024
Table 32 Forecast Sales in Non-Store Retailing by Channel: Value 2019-2024
Table 33 Forecast Sales in Non-Store Retailing by Channel: % Value Growth 2019-2024
Table 34 Non-Grocery Specialists Forecasts: Value Sales, Outlets and Selling Space 2019-2024
Table 35 Non-Grocery Specialists Forecasts: Value Sales, Outlets and Selling Space: % Growth 2019-2024
Table 36 Forecast Sales in Non-Grocery Specialists by Channel: Value 2019-2024
Table 37 Forecast Sales in Non-Grocery Specialists by Channel: % Value Growth 2019-2024
Table 38 Forecast Non-Grocery Specialists Outlets by Channel: Units 2019-2024
Table 39 Forecast Non-Grocery Specialists Outlets by Channel: % Unit Growth 2019-2024

CORONAVIRUS (COVID-19)

DEFINITIONS

SOURCES

Summary 2 Research Sources

Modern Grocery Retailers in Dominican Republic

HEADLINES

PROSPECTS

Modern grocery retailers continues to expand across the country

Grocery retailers remain reluctant to go online

Demand for convenience favours hypermarkets over supermarkets

COMPETITIVE LANDSCAPE

Grupo Ramos leads modern grocery retailers in 2019

Retailers start to differentiate through specialisation

Forecourt retailers continues to grow

CHANNEL DATA

Table 40 Modern Grocery Retailers: Value Sales, Outlets and Selling Space 2014-2019
Table 41 Modern Grocery Retailers: Value Sales, Outlets and Selling Space: % Growth 2014-2019
Table 42 Sales in Modern Grocery Retailers by Channel: Value 2014-2019
Table 43 Sales in Modern Grocery Retailers by Channel: % Value Growth 2014-2019
Table 44 Modern Grocery Retailers Outlets by Channel: Units 2014-2019
Table 45 Modern Grocery Retailers Outlets by Channel: % Unit Growth 2014-2019
Table 46 Modern Grocery Retailers GBO Company Shares: % Value 2015-2019
Table 47 Modern Grocery Retailers GBN Brand Shares: % Value 2016-2019
Table 48 Modern Grocery Retailers LBN Brand Shares: Outlets 2016-2019
Table 49 Modern Grocery Retailers LBN Brand Shares: Selling Space 2016-2019
Table 50 Modern Grocery Retailers Forecasts: Value Sales, Outlets and Selling Space 2019-2024
Table 51 Modern Grocery Retailers Forecasts: Value Sales, Outlets and Selling Space: % Growth 2019-2024
Table 52 Forecast Sales in Modern Grocery Retailers by Channel: Value 2019-2024
Table 53 Forecast Sales in Modern Grocery Retailers by Channel: % Value Growth 2019-2024
Table 54 Forecast Modern Grocery Retailers Outlets by Channel: Units 2019-2024
Table 55 Forecast Modern Grocery Retailers Outlets by Channel: % Unit Growth 2019-2024

Traditional Grocery Retailers in Dominican Republic

HEADLINES

PROSPECTS

Traditional grocery retailers maintains lead of grocery retailers overall

Independent small grocers retains consumer loyalty

Small businesses look abroad for new market opportunities

COMPETITIVE LANDSCAPE

Traditional grocery retailers lead store-based retailing but remains largely undefined

Informal retailing remains prevalent among traditional grocery retailers

Cash-only payment systems decrease with formalisation

CHANNEL DATA

Table 56 Traditional Grocery Retailers: Value Sales, Outlets and Selling Space 2014-2019
Table 57 Traditional Grocery Retailers: Value Sales, Outlets and Selling Space: % Growth 2014-2019
Table 58 Traditional Grocery Retailers Forecasts: Value Sales, Outlets and Selling Space 2019-2024
Table 59 Traditional Grocery Retailers Forecasts: Value Sales, Outlets and Selling Space: % Growth 2019-2024

Apparel and Footwear Specialist Retailers in Dominican Republic

HEADLINES

PROSPECTS

Luxury retailers see strong growth in apparel and footwear specialists

New shopping centre opens in the east

Retailers begin to adapt to changes driven by digital developments

COMPETITIVE LANDSCAPE

Competitive landscape is highly fragmented

Consumers continue to trust in quality of multinational brands

Payless ShoeSource expands its offerings

CHANNEL DATA

Table 60 Apparel And Footwear Specialist Retailers: Value Sales, Outlets and Selling Space 2014-2019
Table 61 Apparel And Footwear Specialist Retailers: Value Sales, Outlets and Selling Space: % Growth 2014-2019
Table 62 Apparel And Footwear Specialist Retailers GBO Company Shares: % Value 2015-2019
Table 63 Apparel And Footwear Specialist Retailers GBN Brand Shares: % Value 2016-2019
Table 64 Apparel And Footwear Specialist Retailers LBN Brand Shares: Outlets 2016-2019
Table 65 Apparel And Footwear Specialist Retailers LBN Brand Shares: Selling Space 2016-2019
Table 66 Apparel And Footwear Specialist Retailers Forecasts: Value Sales, Outlets and Selling Space 2019-2024
Table 67 Apparel And Footwear Specialist Retailers Forecasts: Value Sales, Outlets and Selling Space: % Growth 2019-2024

Health and Beauty Specialist Retailers in Dominican Republic

HEADLINES

PROSPECTS

Beauty specialist retailers leads growth, thanks to rising numbers of professional women

Young consumers’ purchasing choices are increasingly driven by social media

Vitamins and dietary supplements specialist retailers use success of larger stores to boost sales

COMPETITIVE LANDSCAPE

Competitive retail environment remains highly fragmented

Grupo Carol and Vitasalud increase their online presence

Pharmacies begin to engage with consumers through smartphone apps

CHANNEL DATA

Table 68 Health and Beauty Specialist Retailers: Value Sales, Outlets and Selling Space 2014-2019
Table 69 Health and Beauty Specialist Retailers: Value Sales, Outlets and Selling Space: % Growth 2014-2019
Table 70 Sales in Health and Beauty Specialist Retailers by Channel: Value 2014-2019
Table 71 Sales in Health and Beauty Specialist Retailers by Channel: % Value Growth 2014-2019
Table 72 Health and Beauty Specialist Retailers GBO Company Shares: % Value 2015-2019
Table 73 Health and Beauty Specialist Retailers GBN Brand Shares: % Value 2016-2019
Table 74 Health and Beauty Specialist Retailers LBN Brand Shares: Outlets 2016-2019
Table 75 Health and Beauty Specialist Retailers LBN Brand Shares: Selling Space 2016-2019
Table 76 Health and Beauty Specialist Retailers Forecasts: Value Sales, Outlets and Selling Space 2019-2024
Table 77 Health and Beauty Specialist Retailers Forecasts: Value Sales, Outlets and Selling Space: % Growth 2019-2024
Table 78 Forecast Sales in Health and Beauty Specialist Retailers by Channel: Value 2019-2024
Table 79 Forecast Sales in Health and Beauty Specialist Retailers by Channel: % Value Growth 2019-2024

Mixed Retailers in Dominican Republic

HEADLINES

PROSPECTS

Warehouse clubs records the strongest growth in 2019

Department stores retain consumer trust and loyalty

Americana Departmentos goes online in face of increasing competition

COMPETITIVE LANDSCAPE

PriceSmart Dominicana leads mixed retailers

Landscape among mixed retailers remains undefined

Aliss Dominicana continues to expand

CHANNEL DATA

Table 80 Mixed Retailers: Value Sales, Outlets and Selling Space 2014-2019
Table 81 Mixed Retailers: Value Sales, Outlets and Selling Space: % Growth 2014-2019
Table 82 Sales in Mixed Retailers by Channel: Value 2014-2019
Table 83 Sales in Mixed Retailers by Channel: % Value Growth 2014-2019
Table 84 Mixed Retailers Outlets by Channel: Units 2014-2019
Table 85 Mixed Retailers Outlets by Channel: % Unit Growth 2014-2019
Table 86 Mixed Retailers GBO Company Shares: % Value 2015-2019
Table 87 Mixed Retailers GBN Brand Shares: % Value 2016-2019
Table 88 Mixed Retailers LBN Brand Shares: Outlets 2016-2019
Table 89 Mixed Retailers LBN Brand Shares: Selling Space 2016-2019
Table 90 Mixed Retailers Forecasts: Value Sales, Outlets and Selling Space 2019-2024
Table 91 Mixed Retailers Forecasts: Value Sales, Outlets and Selling Space: % Growth 2019-2024
Table 92 Forecast Sales in Mixed Retailers by Channel: Value 2019-2024
Table 93 Forecast Sales in Mixed Retailers by Channel: % Value Growth 2019-2024
Table 94 Forecast Mixed Retailers Outlets by Channel: Units 2019-2024
Table 95 Forecast Mixed Retailers Outlets by Channel: % Unit Growth 2019-2024

Direct Selling in Dominican Republic

HEADLINES

PROSPECTS

Health and wellness trend benefits consumer health direct selling

Beauty and personal care leads sales in direct selling

Direct selling faces challenges from modern grocery retailers

COMPETITIVE LANDSCAPE

Grupo Transbel CA leads direct selling

Multinationals dominate, with smaller players entering the channel

Direct selling faces increasing competition form e-commerce

CHANNEL DATA

Table 96 Direct Selling by Category: Value 2014-2019
Table 97 Direct Selling by Category: % Value Growth 2014-2019
Table 98 Direct Selling GBO Company Shares: % Value 2015-2019
Table 99 Direct Selling GBN Brand Shares: % Value 2016-2019
Table 100 Direct Selling Forecasts by Category: Value 2019-2024
Table 101 Direct Selling Forecasts by Category: % Value Growth 2019-2024

E-Commerce in Dominican Republic

HEADLINES

PROSPECTS

E-commerce continues to see strong growth, particularly among young consumers

Local players remain hesitant to enter e-commerce

Registration for users of courier services becomes mandatory in 2019

COMPETITIVE LANDSCAPE

Competitive landscape of e-commerce is undefined

Consolidation is expected over the forecast period

Slower growth is likely as e-commerce matures

CHANNEL DATA

Table 102 E-Commerce by Channel and Category: Value 2014-2019
Table 103 E-Commerce by Channel and Category: % Value Growth 2014-2019
Table 104 Forecast E-Commerce by Channel and Category: Value 2019-2024
Table 105 Forecast E-Commerce by Channel and Category: % Value Growth 2019-2024

Mobile E-Commerce in Dominican Republic

HEADLINES

PROSPECTS

Mobile e-commerce records robust value growth

Mobile e-commerce remains underdeveloped

Consumers tend to purchase mainly intangibles through mobile e-commerce

COMPETITIVE LANDSCAPE

Competitive landscape of mobile e-commerce remains undefined

Further innovation required to realise potential of mobile e-commerce

Growth of mobile e-commerce depends partly on expansion of mobile payment options

CHANNEL DATA

Table 106 Mobile E-Commerce: Value 2014-2019
Table 107 Mobile E-Commerce: % Value Growth 2014-2019
Table 108 Mobile E-Commerce Forecasts: Value 2019-2024
Table 109 Mobile E-Commerce Forecasts: % Value Growth 2019-2024

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