Norway Retail Market Size by Sector and Channel including Online Retail, Key Players and Forecast, 2022-2026
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Norway Retail Market Overview
The Norway retail market size was NOK692.7 billion in 2021 and is expected to grow at a CAGR of more than 3% during 2021-2026. The Norway retail market research report uses data from GlobalData’s retail database showing the trends in the market and sectors by value. It also reveals the major retailers by market share in 2021 in each of the sectors. All data includes the impact of COVID-19 on sales in 2021. This report also provides historic and forecast market data for total retail sales in Norway and summarizes the value trends with individual sector details in overall retail. The report also reveals major retailers in each sector and their market share along with their price and market positioning in 2021.
Norway Retail Market Outlook
To gain more information on the Norway retail market forecast, download a free report sample
Norway Retail Market Segmentation by Sectors
The key sectors in the Norway retail market are food & grocery, clothing & footwear, DIY & garden, health & beauty, electricals, furniture & floor coverings, and homewares among others. Food & grocery was the largest sector by expenditure in 2021.
Food & Grocery: The food & grocery sector can be further segmented into drinks, food, household products, and tobacco.
Electricals: The electrical sector can be further segmented into communications equipment, computer hardware and software, consumer electronics, household appliances, and photographic equipment.
Health & Beauty: The health & beauty sector can be further segmented into cosmetics & toiletries and healthcare products.
Norway Retail Market Analysis, by Sectors
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Norway Retail Market Segmentation by Distribution Channels
Some of the key distribution channels in the Norway retail market are hypermarkets, supermarkets, and hard discounters, online specialists, home improvement and gardening supplies retailers, convenience stores & gas stations, drug stores & health & beauty stores, clothing, footwear, & accessories specialists, home furniture and floorcoverings specialists, and food & drinks specialists. Hypermarkets, supermarkets, and hard discounters had the largest share in 2021.
Norway Retail Market Analysis, by Distribution Channels
For more distribution channel insights into the Norway retail market, download a free report sample
Norway Retail Market - Competitive Landscape
Some of the leading players in the Norway retail market are H&M, Intersport, Rema 1000, Kiwi, Elkjøp, Power, Apotek 1, Vitusapotek, Ikea, and Montér.
Norway Retail Market Report Overview
Market Size (2021) | NOK692.7 billion |
CAGR (2021-2026) | >3% |
Key Sectors | Food & Grocery, Clothing & Footwear, DIY & Garden, Health & Beauty, Electricals, Furniture & Floor Coverings, and Homewares |
Key Distribution Channels | Hypermarkets, Supermarkets, and Hard Discounters, Online Specialists, Home Improvement and Gardening Supplies Retailers, Convenience Stores & Gas Stations, Drug Stores & Health & Beauty Stores, Clothing, Footwear, & Accessories Specialists, Home Furniture and Floorcoverings Specialists, and Food & Drinks Specialists |
Leading Players | H&M, Intersport, Rema 1000, Kiwi, Elkjøp, Power, Apotek 1, Vitusapotek, Ikea, and Montér |
Reasons to Buy
- Gain a comprehensive view of the retail industry and forecasts to 2026
- Explore new opportunities that will allow you to align your product offerings and strategies to meet demand following the impact of COVID-19 on the retail market
- Investigate current and forecast trends in retail sectors to identify the opportunities offering the most potential
- Understand who the main competitors are in the sectors and their price positioning
Intersport
Rema 1000
Kiwi
Elkjøp
Power
Apotek 1
Vitusapotek
Ikea
Montér
Table of Contents
Frequently asked questions
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What was the Norway retail market size in 2021?
The retail market size in Norway was NOK692.7 billion in 2021.
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What is the Norway retail market growth rate?
The retail market in Norway is expected to grow at a CAGR of more than 3% during 2021-2026.
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What are the key sectors in the Norway retail market?
The key sectors in the Norway retail market are food & grocery, clothing & footwear, DIY & garden, health & beauty, electricals, furniture & floor coverings, and homewares.
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What are the key distribution channels in the Norway retail market?
Some of the key distribution channels in the Norway retail market are hypermarkets, supermarkets, and hard discounters, online specialists, home improvement and gardening supplies retailers, convenience stores & gas stations, drug stores & health & beauty stores, clothing, footwear, & accessories specialists, home furniture and floorcoverings specialists, and food & drinks specialists.
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Who are the leading players in the Norway retail market?
The leading players in the Norway retail market are H&M, Intersport, Rema 1000, Kiwi, Elkjøp, Power, Apotek 1, Vitusapotek, Ikea, and Montér.
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