Supermarkets in China Industry Research Report – Now Available from IBISWorld

Share Article

Over the five years through 2012, the Supermarket industry in China has been growing at an annualized rate of 15.4% to reach $131.0 billion. The main drivers of growth have been the government's program to establish a national rural retail network and strong rises in consumer purchasing power.

IBISWorld industry market research
Anticipating an inflow of foreign capital, many supermarket enterprises have accelerated expansion.

Over the five years through 2012, the Supermarket industry in China has been growing at an annualized rate of 15.4% to reach $131.0 billion. The main drivers of growth have been the government's program to establish a national rural retail network and strong rises in consumer purchasing power. In February 2005, the central government began an ambitious program to build a national rural retail network covering 70.0% of all villages within five years. Distribution infrastructure improvements, as well as support from local governments allowed supermarket operators to expand into these rural areas.

The Supermarket industry in China is very fragmented. The top four players – China Resources Enterprise, Walmart, Carrefour, and RT-MART China – account for 35.9% of total industry revenue in 2012, a much lower share than in developed countries like Australia and the United States. The industry is very young and relatively undeveloped in China; the first modern supermarket opened in 1990. The majority of enterprises are small-scale with low management and investment levels.

So far, a stable market has not been formed for the Supermarket industry in China. New stores and formats are constantly emerging, and consumers have many choices. As the government considers the retail sector a strategic industry in China's economy, and in anticipation of a large foreign capital flow into China, many domestic operators have started to accelerate expansion, says IBISWorld. Supported by the government, some competitive medium-sized enterprises have merged into larger groups by purchasing property rights.

For more information, visit IBISWorld’s Supermarkets in China industry report page.

Follow IBISWorld on Twitter: https://twitter.com/#!/IBISWorld
Friend IBISWorld on Facebook: http://www.facebook.com/pages/IBISWorld/121347533189

IBISWorld Industry Report Key Topics

This Supermarket industry in China is a part of China's retail trade sector. Supermarkets retail a broad range of food and daily goods. Most of the goods carried by supermarkets are purchased from domestic manufacturers. Operators, generally known as supermarkets or hypermarkets, then retail these goods to the general public.

Industry Performance
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
Products & Markets
Supply Chain
Products & Services
Major Markets
Globalization & Trade
Business Locations
Competitive Landscape
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Barriers to Entry
Major Companies
Operating Conditions
Capital Intensity
Key Statistics
Industry Data
Annual Change
Key Ratios

About IBISWorld Inc.
Recognized as the nation’s most trusted independent source of industry and market research, IBISWorld offers a comprehensive database of unique information and analysis on every US industry. With an extensive online portfolio, valued for its depth and scope, the company equips clients with the insight necessary to make better business decisions. Headquartered in Los Angeles, IBISWorld serves a range of business, professional service and government organizations through more than 10 locations worldwide. For more information, visit http://www.ibisworld.com or call 1-800-330-3772.

Share article on social media or email:

View article via:

Pdf Print

Contact Author

Gavin Smith
IBISWorld
310 866 5042
Email >
Visit website