Peru Retail Market Size by Sector and Channel including Online Retail, Key Players and Forecast, 2022-2026
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The Peru retail market size was PEN290.1 billion in 2021 and is expected to grow at a CAGR of more than 4% during 2021-2026. The Peru retail market research report uses data from GlobalData’s retail database showing the trends in the market and sectors by value. It also reveals the major retailers by market share in 2021 in each of the sectors. All data includes the impact of COVID-19 on sales in 2021. This report also provides historic and forecast market data for total retail sales in Peru and summarizes the value trends with individual sector details in overall retail. The report also reveals major retailers in each sector and their market share along with their price and market positioning in 2021.
Peru Retail Market Outlook
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Peru Retail Market Segmentation by Sectors
The key sectors in the Peru retail market are food & grocery, electricals, clothing & footwear, health & beauty, DIY & garden, furniture & floor coverings, and homewares among others. Food & grocery was the largest sector by expenditure in 2021 and will continue to be so during the forecast period.
Food & Grocery: The food & grocery sector can be further segmented into drinks, food, household products, and tobacco.
Electricals: The electrical sector can be further segmented into communications equipment, computer hardware and software, consumer electronics, household appliances, and photographic equipment.
Clothing & Footwear: The clothing & footwear sector can be further segmented into womenswear, menswear, and childrenswear.
Peru Retail Market Analysis, by Sectors
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Peru Retail Market Segmentation by Distribution Channels
Some of the key distribution channels in the Peru retail market are hypermarkets, supermarkets, and hard discounters, food & drinks specialists, convenience stores & gas stations, online, electrical and electronics specialists, drug stores & health & beauty stores, home improvement and gardening supplies retailers, and department stores. Hypermarkets, supermarkets, and hard discounters had the largest share in 2021.
Peru Retail Market Analysis, by Distribution Channels
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Peru Retail Market - Competitive Landscape
Some of the leading players in the Peru retail market are Falabella, Ripley, Tottus, Plaza vea, Hiraoka, Efe, Mifarma, InkaFarma, Sodimac, and Makro.
Peru Retail Market Report Overview
Market Size (2021) | PEN290.1 billion |
CAGR (2021-2026) | >4% |
Key Sectors | Food & Grocery, Electricals, Clothing & Footwear, Health & Beauty, DIY & Garden, Furniture & Floor Coverings, and Homewares |
Key Distribution Channels | Hypermarkets, Supermarkets, and Hard Discounters, Food & Drinks Specialists, Convenience Stores & Gas Stations, Online, Electrical and Electronics Specialists, Drug Stores & Health & Beauty Stores, Home Improvement and Gardening Supplies Retailers, and Department Stores |
Leading Players | Falabella, Ripley, Tottus, Plaza vea, Hiraoka, Efe, Mifarma, InkaFarma, Sodimac, and Makro |
Reasons to Buy
- Gain a comprehensive view of the retail industry and forecasts to 2026
- Explore new opportunities that will allow you to align your product offerings and strategies to meet demand following the impact of COVID-19 on the retail market
- Investigate current and forecast trends in retail sectors to identify the opportunities offering the most potential
- Understand who the main competitors are in the sectors and their price positioning
Ripley
Tottus
Plaza vea
Hiraoka
Efe
Mifarma
InkaFarma
Sodimac
Makro
Table of Contents
Frequently asked questions
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What was the Peru retail market size in 2021?
The retail market size in Peru was PEN290.1 billion in 2021.
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What is the Peru retail market growth rate?
The retail market in Peru is expected to grow at a CAGR of more than 4% during 2021-2026.
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What are the key sectors in the Peru retail market?
The key sectors in the Peru retail market are food & grocery, electricals, clothing & footwear, health & beauty, DIY & garden, furniture & floor coverings, and homewares.
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What are the key distribution channels in the Peru retail market?
Some of the key distribution channels in the Peru retail market are hypermarkets, supermarkets, and hard discounters, food & drinks specialists, convenience stores & gas stations, online, electrical and electronics specialists, drug stores & health & beauty stores, home improvement and gardening supplies retailers, and department stores.
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Who are the leading players in the Peru retail market?
The leading players in the Peru retail market are Falabella, Ripley, Tottus, Plaza vea, Hiraoka, Efe, Mifarma, InkaFarma, Sodimac, and Makro.
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