Online stores provide routes to market for smaller businesses and could potentially result in lower transaction costs. The south african economy expanded an annualised 3. South africa retail food industry retail foods south africa. In the last five years, the south african retail industry has experienced a period of transformation.
Expansion of south african retailers activities into. This report is based on information collected from government departments, petroleum industry and research papers, and covers a broad overview and analysis of the south african petrol and diesel industry. South african online retail report arthur goldstuck. Retailers are increasingly taking an omnichannel approach in order to remain competitive, with many south african companies investing in establishing a.
Stats sa takes a look at five facts that you might not have known about the retail trade industry. With a rise in online purchasing, the influx of multinational brands, and an increase in consumer trends, the local retail sector has had to work harder than ever to bring feet through the door. Prospects in the retail and consumer goods sector in ten sub. Draw the right map geography matters where you are in africa mattersin a big way. According to statistics gathered by the department of environment and water affairs, george in the eden district municipality in the western cape province experienced the the south african food processing industry.
Who are the key retail players retail outlets, independents and supermarkets in the sa coffee industry. Subsaharan africa remains one of the fastest growing regions in the world and the successful expansion of. Retailers are increasingly taking an omnichannel approach in order to remain competitive, with many south african companies investing in establishing a strong online presence. South african retailers focus on expansion outside the. Within pwc south africa retail and consumer group, our understanding of key industry issues is at the heart of our delivery of services to clients. Our analysis of 35 leading banks, and the difference between topquintile and bottomquintile banks in terms of growth and profitability, resulted in some striking insights. The role of customer experience in competitiveness. Analyzing food retail in south africa research and markets. The number of households in south africa that will include an ultrahigh net worth is forecast to grow by 59% by the year 2024. South africa retail industry outlook and trading update 2019. On the downside, the retail market is affected by a volatile currency, unstable inflation, steep price increases in fuel and especially electricity, unreliable provision of services in many smaller towns, sporadic labour unrest, high unemployment and extreme income inequality. South africans spent r31 900 per second in retail stores in 2017. Ecommerce remained the most dynamic area of retailing in south africa in 2019, with mobile ecommerce seeing especially strong growth.
Total retail sales in south africa ecommerce share according to the united nations economic commission for africa uneca, the african retail market is characterised by approximately 90% of transactions occurring through informal channels. Edcon has something in common with troubled stateowned airline south african airways. This publication covers a broad overview and analysis of the south african energy sector and aims to keep stakeholders informed about developments as well as. From greater personalization to social shopping, retailers are finding technologically driven ways to meet shoppers needs these are the retail trends we can expect to see in 2019. But on the other hand, it could result in less international brands entering the south african market and reducing the heightened competition. Pretoria margaret ntloedibe, agricultural marketing specialist laura geller, senior agricultural attache south africa retail food industry retail foods south africa republic of 12142017. We have set out to provide a comparative macroview of africanbased or home grown listed companies whose core business is retail. The future of retailing in the south africa to 2018 published. African countries giving united states companies that do business with south african retailers a gateway to the rest of subsaharan africa. For more information on findings, contents list and ordering information, download the executive summary. But beyond the borders of south africa, the continent is seen as a difficult, albeit lucrative.
It gives me great pleasure to introduce the report, overview of the petrol and diesel market in south africa between 2007 and 2016. The south african food retail market is highly concentrated with the top seven companies of shoprite, pick n pay, massmartwalmart owned, spar, woolworths, the food lovers market, and choppies botswana owned accounting for about 80 percent of all retail sales. A weak economy will cause new corporations to be cautious when thinking of expanding business into south africa. Overview of the petrol and diesel market in south africa.
In this section we share some of our understanding and knowledge of the business issues of the day. We have set out to provide a comparative macroview of africanbased or home. African powers of retailing new horizons for growth deloitte. This has prompted massive retail investments from south african and other global retailers. Retail trade industry, 2015 statistics south africa. Gain unparalleled insight across 22 industries and 200 global markets.
South africa republic of retail foods south africa. The report is the first in an annual series where we track the progress of the top african retail performers on the continent. Subsaharan africa remains one of the fastest growing regions in the world and the successful expansion of a number of. What are the south african industry trends, drivers and challenges. The informal retail market is still significant according to the united nations economic commission for africa uneca, the african retail market is characterised by approximately 90% of transactions occurring. Order books looked promising at the start of the year, however, the lack of recovery in the economy and low national infrastructure spend coupled with overcapacity in the construction market and low margins. Introduction this publication presents estimates in respect of the 2015 retail trade large sample survey lss. The success of ifrs will positively impact the retail sector, but more importantly help assist to reduce. For the south african concentrates retail and pricing analysis section. See and search our comprehensive research from north and latin america, the caribbean, africa, europe and the middle east. Noteworthy characteristics of the african retail market. The competition in the sa retail market is intense broll. The future of retailing in the south africa to 2018. Cape town the annual south african council of shopping centres sacsc research conference will take place in johannesburg on 9 may.
Statistics south africa 1 retail trade industry, report 6201022015 retail trade industry, 2015 1. Aug 29, 2018 south african clothing and textile industry trends and analysis. The competition in the sa retail market is intense broll report. Get all the latest industry reports and research from fitch solutions. Cfds are complex instruments and come with a high risk of losing money rapidly due to leverage. Retailing in south africa market research report euromonitor.
Growth and innovation in african retail banking 15 chapter 1. In 2012, total retail sales in south africa amounted to r654,1 billion 62 billion. In this report, we focus our analysis on ten african economies that we believe offer some of the most compelling opportunities for retail and consumer businesses looking to expand in africa. Idtt is supported by the department of trade and industry the dti and is housed in the. Many of these issues drive our programme of publications and thought leadership materials.
Jun 27, 2018 the south african food retail market is highly concentrated with the top seven companies of shoprite, pick n pay, massmartwalmart owned, spar, woolworths, the food lovers market, and choppies botswana owned accounting for about 80 percent of all retail sales. So much in store prospects in the retail and consumer goods sector. The 2015 retail trade lss collected data from a sample of approximately 2 800 enterprises. A summary of the consumer level demographics of the sector. South africa republic of retail foods south africa retail. Retail conference to address industry challenges fin24. South african retailers are taking to the ecommerce model and it is essential to demonstrate leadership and governance by having an information risk management policy in place. At present, the industry is a loose amalgam of african designers worldwide, creative professionals, nongovernment organizations, small to mediumsized businesses, chambers of commerce, and others who are interested in the successful promotion and formal establishment of an african fashion industry.
Analysis of the retail industry in south africa essay. Top risks for retail companies in south africa 2017. This report is based on information collated from energy industry and research papers. Online retail in south africa 2019 is a groundbreaking report that covers. Industry snapshot you can use this mini retail swot analysis to ensure that the industry is ready for what you have planned in the next few years. The world travel and tourism council wttc, 2018 forecasts this will rise by 2. Five facts about the retail trade industry statistics south. Get the report online retail in sa 2019 is packed with deep insights about the state of retail ecommerce in sa, africa and abroad.
The industry and market analyses from our deloitte african powers of retailing report reveal even more about this sector, providing insight into what drives it, what makes it unique, and which opportunities exist to drive future growth on the continent. What are the south african concentrates industry trends, drivers, and challenges. Ensure that large retailers do not monopolize the industry we believe that the formation of this association will ensure that ifrs remain sustainable in an ever evolving south african landscape. South africa republic of retail foods the south african. Research retail trends report south african property owners. Pdf job creation in the south african retail sector researchgate. Essay on analysis of the retail industry in south africa. The aim of this years conference is to ensure the retail sector stays ahead of changes in technology, consumer behaviour and trends, which affect the sector both positively and negatively. Expansion of south african retailers activities into africa 2. Prospects in the retail and consumer goods sector in ten. For the south african retail and pricing analysis section. To help revitalise the industry, the government and industry leaders have been working to stoke growth and develop valueadded industries. As in 2017, the 2018 report includes innovative analyses featuring seasonal trend analysis and breakdowns of retail trade sales patterns according to the type of outlet.
We hope this report will enhance your understanding of some of the risks but more importantly the opportunities that africa has to offer, and provide the groundwork for deeper conversations. You should consider whether you understand how cfds work, and whether you can afford to take the high risk of losing your money. It also makes it more difficult for businesses within south africa to branch out a high exchange rate makes costs and expenses for south african businessmen difficult. The objective of the assignment is to aware students about the application of market analysis for the retail industry in south africa. Market analysis for the retail industry in south africa contents page executive summary 2 1.
Eretail in south africa and the impact on skills development in the. It gives me a great pleasure to introduce the 2018 south african energy sector report. Retail edcon, like saa, on life support for a long time analyst mar 28 2020 07. The south african trade industry is made up of five divisions. Who are the key manufacturing players in the sa concentrates industry. South african clothing and textile industry trends and analysis. Who are the key manufacturing players and importersroasters in the sa coffee industry. One of the top manufacturing powerhouses on the continent, south africa has a strong industrial tradition dating back 150 years. This practice has been maintained in 2018 and in line with the previous time series.
Pdf this paper reports on research into retails contribution to, and strategies for, job creation, providing an overview of employment in the south. The past few decades, however, have posed challenges to the industry, with external and domestic factors weighing on sector growth. Critical factors in the competitiveness of local online retailers. See our granular analysis from around the world and access fitch solutions reports and insights by region and country. South africa retail industry outlook and trading update. South african fuel franchising sector continues to grow.
Trends and characteristics of the african retail market. As such, new offerings within centres, new retailer products and unique experiences for customers are vital in order to attract market. African powers of retailing new horizons for growth. The south african retail industry is the largest in the subsaharan. Todays customers expect more from brands than ever before, and its these demands that continue to push the industry forward.
South african construction industry survey summary of results 2016 second survey b t. Sep 03, 2019 according to the south african petroleum industry association sapia, the fuel sector contributes about 6% to the countrys gross domestic product gdp while supplying some 18% of south africas. Competition within the south african retail market is rife. According to the south african petroleum industry association sapia, the fuel sector contributes about 6% to the countrys gross domestic product gdp while supplying some 18% of.
African powers of retailing 2015 1 foreword the report is the first in an annual series where we track the progress of the top african retail performers on the continent. As illustrated in figure 1, retail sales have shown steady growth over the last 5 years although the actual level of growth started to slow from 2012 onwards. Two cities in south africa, cape town and johannesburg, are rated in the global top 40 in importance in this area. The south african retail food sector is sophisticated and well developed relative to other markets on the. Independent food retailers in the republic of south africa. Put differently, had it not been for price increases, retailers in hardware would have lost a significant market share current prices.
Five south african companies pick n pay, spar, massmart and metcash constitute 80% of the retail sales. Aruvians rsearchs report analyzing food retail in south africa is a complete insight into the south african food purchase and consumption pattern which is helping international hyper marketers and retail giants to focus and understand the south african food market better and prepare for eventual investment or wait decisions. The report profiles 78 notable companies active in the manufacture, wholesale andor retail of clothes. The purpose of this study was to determine the influence of the microenvironment on the fast food industry in south africa. The ecommerce market segment fashion includes the online trade of articles of apparel for men, women and children, shoes. Who are the key retail players retail outlets and supermarkets in the sa concentrates industry. The report on the south african clothing industry provides an overview of the sector, outlines current conditions and discusses factors that influence the success of the industry. This positions retail an important sector in the overall south african economy.
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