"Grocery Retailers in Vietnam" now available at Fast Market Research

VinPro has aggressively penetrated grocery retailers with over 100 convenience stores in 2015. In the meantime, other perennial players namely Phu Thai Group, Saigon Union of Trading Cooperatives and Family Co Ltd continue to expand their distribution coverage. As a result, the number convenience stores has been dramatically boosted to record 850 outlets in 2015, presenting a significant growth rate of 40%, which makes it the fastest growing category within grocery retailers.

Competitive Landscape

Saigon Union of Trading Cooperatives has secured its leading position with a 2% value share in 2015. The company continues to launch new stores across the country to reinforce its dominant status in the channel. Furthermore, the leading player has also introduced the new Co.opMart app for Android platforms to help loyal customers manage their reward points and keep them informed about the latest promotions in all Co.opMart stores in Vietnam.

Full Report Details at
- http://www.fastmr.com/prod/1127856_grocery_retailers_vietnam.aspx?afid=302

Industry Prospects

The falling population growth will play a vital role in determining grocery retailers’ performance over the forecast period. According to the General Office for Population Family Planning, Vietnam’s population will continue to age at a rapid pace over the forecast period. As the cost of living increases as a result of inflation during the review period, raising children is becoming increasingly unaffordable to many people. In addition, because both women and men are given fairly equal opportunity to go to work, more women are choosing to remain financially independent and lead a single life, which significantly factors to slow down the population growth rate. As an inevitable consequence, grocery retailers is expected to witness a decreasing trend with a value CAGR of 4% at constant 2015 prices.

Report Overview

Discover the latest market trends and uncover sources of future market growth for the Grocery Retailers industry in Vietnam 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 Grocery Retailers industry in Vietnam, our research will save you time and money while empowering you to make informed, profitable decisions.

The Grocery Retailers in Vietnam market research report includes:

* Analysis of key supply-side and demand trends
* Detailed market shares for international and locally-based retailers
* Historic volumes and values, company and brand market shares
* Five year forecasts of market trends and market growth
* Robust and transparent market research methodology, conducted in-country

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