The most influential Megatrends set to shape the world through 2030, identified by Euromonitor International, help businesses better anticipate market developments and lead change for their industries.
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Despite the growing share of groceries sold via e-commerce, the channel remains small in modern grocery retailing. Many consumers remain uncertain about the benefits and reliability of such grocery services.
In March 2019, the government accepted recommended reforms to the Food and Grocery Code of Conduct, following an independent review. The code promotes greater transparency and fairness in price negotiations between suppliers and grocery retailers or wholesalers.
A ban by major retail chains has led to a huge reduction in the number of plastic bags in circulation. Indeed, Coles’s and Woolworths’s adherence to the ban is estimated to have led to 1.
Coles aims to gain a competitive edge by opening the first “hybrid” supermarket in the Melbourne suburb of Tooronga. Australia's first “grocerant” (food hall in a supermarket) is the result of Coles’s partnerships with independent food retailers.
The environmental factor, clearly evident in the ban on plastic bags by major retail chains, is extending its influence on supermarkets. Woolworths and Coles have benefited strongly from marketing initiatives based on licensed collectibles.
Supermarket giants Woolworths and Coles are looking to move beyond price wars, which were informed and exacerbated by growing competition from Aldi. They aim to reduce their focus on pricing as a competitive strategy.
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Discover the latest market trends and uncover sources of future market growth for the Supermarkets industry in Australia 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 Supermarkets industry in Australia, our research will save you time and money while empowering you to make informed, profitable decisions.
The Supermarkets in Australia 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.