Market Forecast by Countries (South Africa, Nigeria, Kenya, Rest of Africa), By Type (Retail, Wholesale), By Ownership (Retail Chain/Wholesale Chain, Independent Retailer/Independent Wholesalers), By Price Range (Premium, Mid-Range, Economy), By Distribution Channel (Supermarkets/Hypermarkets, Convenience Stores, Department Stores, Specialty Stores) And Competitive Landscape
Product Code: ETC435444 | Publication Date: Nov 2022 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 |
The Africa Retail And Wholesale Market is projected to become one of the most prominent and lucrative sectors in the continent over the forecast period. The growth of this sector in the region is propelling at a rapid pace owing to numerous factors.
According to 6Wresearch, the Africa Retail And Wholesale Market size is expected to grow during 2022-2028. This market is likely to become one of the prominent and profitable sectors in the region owing to the factors that are boosting its growth at a faster pace. The evolvement of this industry is driven by growing number of buyers, rising investment in the market, growing population in Africa countries and rising disposable income are some key drivers for this sector that helps it to grow effectively. The growing number of middle classes in the African nations is also stimulating the market growth in the most efficient manner. Rising urbanization levels are also fueling the sector. People in the African countries are moving from rural areas to urban areas which is why the market is growing. There is an increasing trade opportunity among African nations which is aiding this sector to propel. One of the key factors driving the sector is the continuous efforts of key players in the market to provide better products with better quality to people. However, lack of awareness regarding the retail opportunities, high illiteracy rate and weak infrastructure are some challenges that can hamper the sector growth.
The COVOD-19 pandemic was a challenging time for this sector as there was huge restrictions on supply chain and manufacturing activities during the pandemic. The major consumer sectors of this sector faced numerous challenges when pandemic hit which led to many challenges in this sector that hampered its growth. Closure in the operation of key consumer sectors deducted the demand for retail and wholesale. The market had faced numerous challenges that restricted its growth. It is now evolving at a rapid pace in the most efficient manner. The Africa Retail And Wholesale Market share will grow in the future owing to the way it is progressing in the continent.
Based on type, the Retail And Wholesale Market in Africa can be divided into Retail, and Wholesale. Out of which, the wholesale segment is anticipate to boost the sector growth during the forecast period.
Based on ownership, the Africa Retail And Wholesale Industry can be divided into Retail Chain/Wholesale Chain, and Independent Retailer/Independent Wholesalers. Both these segments are boosting the evolvement of this sector and they will continue doing it.
Based on price range, the sector in the continent is divided into Premium, Mid-Range, and Economy. All these segments are evolving in the sector.
Based on distribution channel, the sector can be divided into Supermarkets/Hypermarkets, Convenience Stores, Department Stores, and Specialty Stores. Out of these, the Supermarkets/Hypermarkets are expected to dominate the sector.
The sector has been witnessing a fast growth owing to numerous factors. There is an increasing trade opportunity among African nations which is aiding this sector to propel. One of the key factors driving the sector is the continuous efforts of key players in the market to provide better products with better quality to people.
The evolvement of this industry is driven by growing number of buyers, rising investment in the market, growing population in Africa countries and rising disposable income are some key drivers for this sector that helps it to grow effectively.
Rising urbanization levels are also fueling the sector. People in the African countries are moving from rural areas to urban areas which is why the market is growing.
The report offers a comprehensive study of the subsequent market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Africa Retail And Wholesale Market Overview |
3.1 Africa Regional Macro Economic Indicators |
3.2 Africa Retail And Wholesale Market Revenues & Volume, 2021 & 2028F |
3.3 Africa Retail And Wholesale Market - Industry Life Cycle |
3.4 Africa Retail And Wholesale Market - Porter's Five Forces |
3.5 Africa Retail And Wholesale Market Revenues & Volume Share, By Countries, 2021 & 2028F |
3.6 Africa Retail And Wholesale Market Revenues & Volume Share, By Type, 2021 & 2028F |
3.7 Africa Retail And Wholesale Market Revenues & Volume Share, By Ownership, 2021 & 2028F |
3.8 Africa Retail And Wholesale Market Revenues & Volume Share, By Price Range, 2021 & 2028F |
3.9 Africa Retail And Wholesale Market Revenues & Volume Share, By Distribution Channel, 2021 & 2028F |
4 Africa Retail And Wholesale Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Africa Retail And Wholesale Market Trends |
6 Africa Retail And Wholesale Market, 2018 - 2028 |
6.1 Africa Retail And Wholesale Market, Revenues & Volume, By Type, 2018 - 2028 |
6.2 Africa Retail And Wholesale Market, Revenues & Volume, By Ownership, 2018 - 2028 |
6.3 Africa Retail And Wholesale Market, Revenues & Volume, By Price Range, 2018 - 2028 |
6.4 Africa Retail And Wholesale Market, Revenues & Volume, By Distribution Channel, 2018 - 2028 |
7 South Africa Retail And Wholesale Market, 2018 - 2028 |
7.1 South Africa Retail And Wholesale Market, Revenues & Volume, By Type, 2018 - 2028 |
7.2 South Africa Retail And Wholesale Market, Revenues & Volume, By Ownership, 2018 - 2028 |
7.3 South Africa Retail And Wholesale Market, Revenues & Volume, By Price Range, 2018 - 2028 |
7.4 South Africa Retail And Wholesale Market, Revenues & Volume, By Distribution Channel, 2018 - 2028 |
8 Nigeria Retail And Wholesale Market, 2018 - 2028 |
8.1 Nigeria Retail And Wholesale Market, Revenues & Volume, By Type, 2018 - 2028 |
8.2 Nigeria Retail And Wholesale Market, Revenues & Volume, By Ownership, 2018 - 2028 |
8.3 Nigeria Retail And Wholesale Market, Revenues & Volume, By Price Range, 2018 - 2028 |
8.4 Nigeria Retail And Wholesale Market, Revenues & Volume, By Distribution Channel, 2018 - 2028 |
9 Kenya Retail And Wholesale Market, 2018 - 2028 |
9.1 Kenya Retail And Wholesale Market, Revenues & Volume, By Type, 2018 - 2028 |
9.2 Kenya Retail And Wholesale Market, Revenues & Volume, By Ownership, 2018 - 2028 |
9.3 Kenya Retail And Wholesale Market, Revenues & Volume, By Price Range, 2018 - 2028 |
9.4 Kenya Retail And Wholesale Market, Revenues & Volume, By Distribution Channel, 2018 - 2028 |
10 Rest of Africa Retail And Wholesale Market, 2018 - 2028 |
10.1 Rest of Africa Retail And Wholesale Market, Revenues & Volume, By Type, 2018 - 2028 |
10.2 Rest of Africa Retail And Wholesale Market, Revenues & Volume, By Ownership, 2018 - 2028 |
10.3 Rest of Africa Retail And Wholesale Market, Revenues & Volume, By Price Range, 2018 - 2028 |
10.4 Rest of Africa Retail And Wholesale Market, Revenues & Volume, By Distribution Channel, 2018 - 2028 |
11 Africa Retail And Wholesale Market Key Performance Indicators |
12 Africa Retail And Wholesale Market - Opportunity Assessment |
12.1 Africa Retail And Wholesale Market Opportunity Assessment, By Countries, 2021 & 2028F |
12.2 Africa Retail And Wholesale Market Opportunity Assessment, By Type, 2021 & 2028F |
12.3 Africa Retail And Wholesale Market Opportunity Assessment, By Ownership, 2021 & 2028F |
12.4 Africa Retail And Wholesale Market Opportunity Assessment, By Price Range, 2021 & 2028F |
12.5 Africa Retail And Wholesale Market Opportunity Assessment, By Distribution Channel, 2021 & 2028F |
13 Africa Retail And Wholesale Market - Competitive Landscape |
13.1 Africa Retail And Wholesale Market Revenue Share, By Companies, 2021 |
13.2 Africa Retail And Wholesale Market Competitive Benchmarking, By Operating and Technical Parameters |
14 Company Profiles |
15 Recommendations |
16 Disclaimer |