Street stalls/kiosks registered a very negative sales performances during 2020 as the entire channel was hit hard by the COVID-19 pandemic. During the initial weeks of the pandemic, sales dropped substantially as restrictions on the movement of the Swiss population inevitably made it difficult for players operating in the channel to attract the attention of consumers.
The COVID-19 pandemic struck Switzerland at an inopportune moment for some of the leading players in street stalls/kiosks, which had been struggling to maintain consistent demand for some time. The channel’s leading chain Gourmessa for instance reduced the number of outlets in its chain during 2020, in direct response to the pressures created by the COVID-19 pandemic.
Another factor which had a negative influence on sales Street stalls/kiosks during 2020 was the closure of Lekkerland Schweiz, a major supplier of packaged food and beverages to players operating in the channel. Lekkerland Schweiz announced that it would be ceasing operations towards the end of 2020 and this left many of those Street stalls/kiosks which had survived the COVID-19 crisis up to this point were faced with serious issues in terms of quickly needing to find new suppliers and establish relationships with these new suppliers at a time of strong pressure on their revenues.
The forecast period is expected to see street stalls/kiosks register a faster and more sustainable recovery than other consumer foodservice channels, with a return to pre-COVID-19 sales levels expected to be seen before the end of 2022. Once the Swiss government’s official COVID-19 vaccination drive gains momentum and begins to achieve its goals, the desire to go out and socialise outside of the home among the population is expected to support a rapid recovery for street stalls/kiosks, with the fact that these outlets tend to have outdoor seating expected to prove instrumental in supporting the channel’s recovery.
One background trend which is expected to present challenges to street stalls/kiosks during the forecast period is the shift towards online ordering that is expected to remain an important part of the Swiss consumer foodservice industry for the foreseeable future. The main issue here is that few street stalls/kiosks have an online presence, let alone offer customers the option to order food online to be delivered.
After numerous street stalls/kiosks were forced to close down permanently due to the impact of the COVID-19 pandemic during 2020, further closures are expected to be seen in the channel during the early stages of the forecast period. As mentioned above, many of the challenges that channel players faced during 2020 due to the negative impact of the COVID-19 pandemic are likely to remain in effect during 2021 and 2022, with independent street stalls/kiosks in particular likely to face difficulties as a result.
Files are delivered directly into your account soon after payment is received and any tax is certification is verified (where applicable).
Understand the latest market trends and future growth opportunities for the Street Stalls/Kiosks industry in Switzerland 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.
If you're in the Street Stalls/Kiosks industry in Switzerland, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
This report originates from Passport, our Street Stalls/Kiosks research and analysis database.
If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extract FREE! Home Page