The global supermarket and hypermarket market is expected to grow from $2498.09 billion in 2020 to $2632.22 billion in 2021 with an average annual growth rate (CAGR) of 5%. Growth has led primarily to limited quarantine measures associated with closures of commercial activities that previously resulted in social distancing, remote work, and operational difficulties as the company reorganized its operations and recovered from COVID-19 impacts.
North America is the largest region in the global supermarket and hypermarket market, accounting for 30% of the market in 2020. Western Europe was the second largest region accounting for 26% of the world market. The Middle East was the smallest region in the global supermarket and hypermarket market.
A full report of Supermarkets and Hypermarkets Market available at https://www.orionmarketreports.com/supermarkets-and-hypermarkets-market/54556/
Supermarkets and Hypermarkets Market: Segmentation
By Type:
• Supermarkets
• Hypermarkets
By Ownership:
• Retail Chain,
• Independent Retailer
Key Players
• Aldi Inc.
• Carrefour Group
• Target Corporation
• Tesco PLC
• Wal-Mart, Inc.
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
