Hungary Retail Market Size by Sector and Channel Including Online Retail, Key Players and Forecast to 2027
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Hungary Retail Market Report Overview
The Hungary retail market size was HUF 14,289 billion in 2022. The market is expected to grow at a CAGR of more than 7% during 2022-2027. The Hungary retail market research report provides both historic and forecast market data for total retail sales in Hungary.
Hungary Retail Market Outlook, 2022 – 2027 (HUF Billion)
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The report illustrates the data with charts, graphs, and tables, summarizing the value trends, with individual sector details in overall retail. The databook also reveals major retailers in each sector and their market share along with their price and market positioning in 2022.
Market Size (2022) | HUF 14,289 billion |
CAGR (2022-2027) | >7% |
Historical Period | 2017-2022 |
Forecast Period | 2023-2027 |
Key Sectors | · Food & Grocery
· Home · Health & Beauty · Electricals · Clothing & Footwear · Others |
Key Distribution Channels | · Hypermarkets, Supermarkets & Hard Discounters
· Online · Food and Drinks Specialists · Convenience Stores (Including Independents) and Gas Stations · Clothing, Footwear, and Accessories Specialists |
Leading Retailers | · CCC
· H&M · Spar · Coop Mini, ABC, Kisbolt · Expert · Media Markt · Dm · BENU · Obi · IKEA |
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Hungary Retail Market Segmentation by Sectors
The key sectors in the Hungary retail market are food & grocery, clothing & footwear, home, electricals, health & beauty, among others. Food & grocery had the highest value share in 2022. Electricals has the highest growth rate during the forecast period.
Hungary Retail Market Analysis by Sectors, 2022 (%)
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Hungary Retail Market Segmentation by Distribution Channels
Some of the key distribution channels in the Hungary retail market are hypermarkets, supermarkets & hard discounters, online, food and drinks specialists, convenience stores (including independents) and gas stations, and clothing, footwear, and accessories specialists, among others. Hypermarkets, supermarkets & hard discounters had the highest value in 2022. However, the online channel is anticipated to record the highest CAGR during the forecast period.
Hungary Retail Market Analysis by Distribution Channels, 2022 (%)
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Hungary Retail Market - Competitive Landscape
Some of the leading retailers in the Hungary retail market are CCC, H&M, Spar, Coop Mini, ABC, Kisbolt, Expert, Media Markt, dm, BENU, Obi, and IKEA, among others.
Hungary Retail Market Analysis by Retailers, 2022
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Segments Covered in the Report
Hungary Retail Market Sectors Outlook (Value, HUF Billion, 2017-2027)
- Food & Grocery
- Clothing & Footwear
- Home
- Electricals
- Health & Beauty
Hungary Retail Market Distribution Channels Outlook (Value, HUF Billion, 2017-2027)
- Hypermarkets, Supermarkets & Hard Discounters
- Online
- Food and Drinks Specialists
- Convenience Stores (Including Independents) and Gas Stations
- Clothing, Footwear, and Accessories Specialists
Key Highlights
- The overall retail industry in Hungary is forecast to grow at a CAGR of more than 7%.
- Food & grocery is the dominating sector but electricals is the fastest growing sector in 2022.
- Hypermarkets, supermarkets and hard discounters is the leading channel, but online is expected to see the maximum growth during the forecast period.
- The Hungary retail industry is dominated by mass-market players.
Reasons to Buy
- Gain a comprehensive view of the Hungary retail industry and forecasts to 2027.
- Explore new opportunities that will allow you to align your product offerings and strategies to meet demand following the impact of recent events on the retail market in Hungary
- Investigate current and forecast trends in the Hungary retail sectors to identify the opportunities offering the most potential
- Understand who the main competitors are in the sectors and their price positioning
H&M
Spar
Coop Mini
Expert
Media Markt
dm
BENU
OBI
Ikea
Table of Contents
Frequently asked questions
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What was Hungary retail market size in 2022?
The retail market size in Hungary was HUF 14,289 billion in 2022.
-
What is the Hungary retail market growth rate?
The retail market in Hungary is expected to grow at a CAGR of more than 7% during 2022-2027.
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Which was the leading sector in the Hungary retail market in 2022?
Food & grocery was the leading sector in the Hungary retail market in 2022.
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Which was the leading distribution channel in the Hungary retail market in 2022?
Hypermarkets, supermarkets & hard discounters was the leading distribution channel in the Hungary retail market in 2022.
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Which are the leading retailers in the Hungary retail market?
Some of the leading retailers in the Hungary retail market are CCC, H&M, Spar, Coop Mini, ABC, Kisbolt, Expert, Media Markt, dm, BENU, Obi, and IKEA, among others.
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