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Supermarkets in the UK: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Supermarkets Market Research Report | SIC G47.110 | Feb 2015

Super savers: Discount supermarkets cash in as consumers turn to cheaper food options

The Supermarkets market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Market Share of Companies
Asda Asda market share
Sainsbury's Sainsbury's market share
Tesco Tesco market share
WM Morrisons Supermarkets plc WM Morrisons Supermarkets plc market share
Industry Statistics & Market Size
Revenue
£162bn
Annual Growth 10-15
2.3%
Annual Growth 15-20
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Profit
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Employment
980,997
Businesses
61
Industry Analysis & Industry Trends

The economic downturn has had a lasting effect on the Supermarkets industry in the United Kingdom. Given that large supermarkets can buy cheaply and sell at low margins, this means that in some cases supermarkets can actually benefit from poor economic conditions like those that have been prevalent over much of the past five years. This has been particularly evident for discount supermarkets. In March 2014 Tesco and Morrisons sparked a price war by announcing large price cuts, with Asda and Sainsbury's following suit over the past year and announcing similar cuts to prices. This is expected to have a negative influence on industry revenue growth. Consequently, revenue is expected to grow at its slowest rate since 2009-10... purchase to read more

Industry Report - Starting a New Business Chapter

New entrants to the Supermarkets industry face significant hurdles. Foremost among these is the substantial outlay required to build a new store and to fill it with sufficient stock. Locating a suitable site for a new store is also challenging, unless an existing store has recently shut and the space is available. The sheer size of most supermarkets makes their store space unsuitable for most other stores. Once established, annual capital costs are low, meaning that competitors face a more favourable cost environment. These lower costs are responsible for another major barrier: the industry is very mature with well-established large players who can afford, and are willing to, price their competition out of the market if feasible... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Supermarkets Industry?

Supermarkets sell a range of groceries and food, including fruit, vegetables, bread, canned goods, toiletries, dairy goods, alcohol, cleaning products and cigarettes. Off licences, greengrocers and symbol group and non-affiliated independent convenience stores are not included in this industry.

Industry Products
Meat, fish and delicatessen itemsFruit and vegetablesDairy productsBeverages Frozen foodOther foodGeneral merchandise
 
Industry Activities
Grocery retailingFruit and vegetable retailingBakery product retailingDelicatessen product retailingGeneral merchandise retailing


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