top retailers in latin america

The widespread perception among consumers that the retailer was too expensive contributed to 18 months of declining margins and sales. 13, 2023, by day, To download this statistic in XLS format you need a Statista Account, To download this statistic in PNG format you need a Statista Account, To download this statistic in PDF format you need a Statista Account. You only have access to basic statistics. Insights about top trending companies, startups, investments and M&A activities, notable investors of these companies, their management team, and recent news are also included. Learn more about how Statista can support your business. It also looks like well see less global supply chain disruption than in the previous year. Get quick analyses with our professional research service. The best of the best: the portal for top lists & rankings: Strategy and business building for the data-driven economy: Industry-specific and extensively researched technical data (partially from exclusive partnerships). Retailers include MercadoLibre, Amazon, B2W, Alibaba and eBay among others. Sales of Walmart are expected to increase from 11.7 billion to 14.7 billion U.S. dollars by. Latin America's Top Retailers 2019. Private brands have been elevated. The fastest 50 are the 50 retailers in the global top 250 with the highest compound annual growth rates (CAGR) in revenue for the period FY2016 to FY2021. Indeed, organizations that can build the capabilities to tailor offers and engagement to specific consumer segments stand to boost sales and strengthen loyalty. There were 11 Latin American retailers in the top 250. Dec 12, 2022 As of July 2022, Mercado Libre was the most visited online marketplace in Latin America. Because consumers have demonstrated a preference to use different channels for different shopping missions, grocery retailers will need to achieve greater flexibility across channels and reduce barriers to online purchases. Forecasts suggest that the region's grocery industry will grow at a robust clip of 5 percent in 2023, placing it among the top-performing regions in the world. Consumers looking to reduce their spending are more likely to switch to less-expensive products (referred to as downtrading). In, Kantar, und WPP. Brazilian mass merchant Magazine Luiza SA, the largest online retailer in Latin America, grew its first-party ecommerce sales by more than 28% in 2021 a sizable lift after the company already more than doubled its digital revenue the prior year. to incorporate the statistic into your presentation at any time. Los Angeles, CA. Retailers with the capabilities to serve both missions can strengthen loyalty with consumers and become the favored choice across channels. They occupied 1.8% of the global retail revenue share, and recorded the largest composite five-year CAGR and year-on-year retail revenue growth in FY2021. It seems likely that during the year, the rapid rise in inflation and the surge in commodity prices will stabilize or reverse. 4. To see and download the full ranking, please click below: Top Retailers 2017 Please see www.deloitte.com/about to learn more. Accessed July 09, 2023. https://www.statista.com/statistics/192183/leading-retailers-of-latin-america-by-retail-sales/, Deloitte. Latin American consumers reported a decline of 17 percentage points in net intent to use online channels in the next 12 months after an increase of 38 percentage points during the COVID-19 pandemic. Growth in Chile was primarily led by Chilean department store and home improvement retailer S.A.C.I Falabella, who saw a 25% increase in customers, in part thanks to the launch of their new online marketplace and home-delivery service. During the pandemic, consumers flocked to online channels, and grocery retailers had to adjust their operations rapidly to accommodate this influx. The list ranks the 50 largest retailers headquartered, or operating in, Latin America, and includes each company's revenues, profits, total assets and EBITDA. 3. Then you can access your favorite statistics via the star in the header. Chile's Cencosud is the region's largest retailer. "Most Valuable Latin American Retail Brands in 2020 (in Billion U.S. Javier Bernuy-Giraudi is an associate partner in McKinseys Lima office, where Max Ramberg is a partner; Bruno Furtado is a senior partner in the So Paulo office; Eduardo Malpica is a senior partner in the Miami office; and Amanda Sitta is a consultant in the So Paulo office. 2. We use cookies and similar technologies across our websites to improve their performance and enhance your user experience: Better experience delivery, website traffic analysis and website performance optimization. Mercado Libre Estimated number of monthly visitors: 127.64 million Mercado Libre is a marketplace created by the Argentinian e-commerce and electronic payments company of the same name. What's the most common final funding type when companies get acquired? Although it had access to consumer data, it hadnt conducted analysis to segment consumers by their needs and preferences. Perus Inretail, Mexicos Grupo Chedraui and Brazils Lojas Riachuelo are the top three winners in terms of revenue growth in Latin Trades Top Latin American Retailers 2019 ranking. Ranking of Latin Americas Top 300 Online Retailers, 1 Year Web Sales Range (5 Years Exact Included in Pro Database), Company Information (Merchant Type, Primary Merchandise Category, Corporate Address & Year Launched), Key Performance Metrics (Growth, Average Ticket & Conversion Rate), Website Traffic Analysis (Overall Visits & Traffic Share by Device Type andChannel). Among the more prominent pharmaceutical markets in Latin America are Argentina, Chile and Ecuador, while top brands in the region include Sanofi, Abbott and Eurofarma . MercadoLibre's revenues reached $1.39 billion, up 65.6 percent from the year before, and leads the subranking of the Revenue Winners. The five largest online retailers in Latin America, including Magazine Luiza SA and B2W Digital, accounted for roughly half 49.8% of the Latin America 300s collective web sales in 2021. Rankings & Indexes Top Retailers in Latin America 2018. The last few years have seen a continuing focus on sustainability, but the focus of retailers efforts is shifting into new areas. B2W Companhia Digital, a Rio de Janeiro-based online retailer, ranked third with over 16 million visitors accessing its websites. Finally, it explores what retailers are doing in the field of sustainability and creating the future of the store. This statistic is not included in your account. Which investors participated in the most funding rounds within this hub? Edge by Ascential. 1 retailer in the Latin America rankings, web-only merchant B2W Digital, grew by only 0.9% in 2018. Available: https://www.statista.com/statistics/1069340/most-popular-food-brands-latin-america-by-reach/, Leading food brands in Latin America in 2020, Immediate access to statistics, forecasts & reports, Latin America: retail sales value 2017-2022, Latin America: most chosen food brands 2020, Latin America: retailer sales revenue growth rate by format 2019, Colombia: revenue of food retailers 2016-2018, Colombia: headcount employees in food retailers 2016-2018, Colombia: private households spending 2020, Colombia: leading supermarkets EBITDA 2019, Colombia: gross profit main supermarket companies 2019, Colombia: number of stores leading supermarket companies 2019, Colombia: headcount supermarket firms 2019, Colombia: largest supermarket digital advertisers 2019, Colombia: market value of discounters 2023, Colombia: discounters as share of supermarket sector 2015-2023, Colombia: market share of discounters 2019, Colombia: neighborhood grocery stores 2019, Colombia: neighborhood stores revenue 2019, Colombia: cash & carry as share of household spending 2016-2018, Colombia: online consumer products sales share 2020, by model, Colombia: main supermarket companies for food delivery in 2020, Colombia: most popular home care brands 2021, Colombia: preferred locations to buy Mother's Day gifts 2019, Colombia: places to go Christmas shopping 2019, Colombia: single-use plastic bags issued by retailers 2015-2019, Colombia: spending per purchase, by format 2018, Colombia: change in supermarket ticket value June 2020, Colombia: stores to do grocery shopping during COVID-19, by type of store, Colombia: grocery shopping during COVID-19, by store brand, Colombia: consumer reaction when preferred brands are out of stock 2020, Colombia: most purchased food brands 2019, by buying frequency, Ecuador: most purchased food brands 2019, by buying frequency, Mexico: most purchased food brands 2019, by buying frequency, Latin America: most purchased food brands 2019, by buying frequency, Peru: most purchased food brands 2019, by buying frequency, Argentina: most purchased food brands 2019, by buying frequency, Brazil: most purchased food brands 2019, by buying frequency, Chile: most purchased food brands 2019, by buying frequency, Bolivia: most purchased food brands 2019, by buying frequency, Latin America: most chosen FMCG brands 2020, Colombia: most purchased beverage brands 2019, by buying frequency, Household penetration and consumer awareness of Premier Foods brands UK 2016, Uruguay: leading food and beverage brands 2018, by sales value, Mexico: most purchased home care brands 2021, by buying frequency, Leading food brands in Latin America in 2020 (in million Consumer Reach Points), Find your information in our database containing over 20,000 reports. ", Sales share of the biggest supermarkets in Spain 2022, Carrefour shops in Spain in 2021, by format, To download this statistic in XLS format you need a Statista Account, To download this statistic in PNG format you need a Statista Account, To download this statistic in PDF format you need a Statista Account. Grupo Chedrauis revenues grew 22.7 percent, reaching $5.9 billion, while Lojas Riachuelos revenues reached $2.2 billion, up 16.8 percent from the previous year. 1. To address the continued consumer preference for convenience and home delivery, retailers have also adapted their distribution and fulfillment strategy. Consumers who plan to eat healthier are driving up net intent in some categories, such as organic, natural, plant-based, and bulk foods. To use individual functions (e.g., mark statistics as favourites, set Business Solutions including all features. Directly accessible data for 170 industries from 150+ countries Modern channels (including supermarkets) are the main source of growth in grocery, representing more than half the increase in net intent. Grocery retailers will need to perform this exercise a number of times: loyalty attributes vary not only across countries but also according to demographics and channels. In addition, categories such as fresh fruits and vegetables are powered by decisions to make health a priority. Access includes up to 5 years of web sales, company information, website traffic and features, technology vendor information and more. Leading food brands in Latin America in 2020 (in million Consumer Reach Points) [Graph]. Statista. Key challenges of online channels are related to both penetration and frequency of use. Deloitte. This two-way development is giving more multi-brand and luxury retailers in Latin America more incentive to open new stores, revamping existing ones and bringing in some fresh air into the whole concept of retailing. Costco. Amid worsening economic conditions, marketers are turning to retailers to deliver performance advertising and results at scale. Chart. Learn more about how Statista can support your business. Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings. 16 new retailers entered the fastest 50 this year, including 5 luxury retailer brands. BT Group chief executive Jansen to step down next year, Tupperware stock gains nearly 3% after waiver agreement, Printemps Paris integrates Alipay+ solutions to enable seamless digital payment experience for Asian customers, Siu Lun Shopping Centre, retail units at Park Lane Shopper's Boulevard up for sale, Mobeus Equity Partners invests 19.6m in Intralink Group, Urbanista launches solar-powered headphones cobranded with HUGO, Jack in the Box, Corona kick back for summer with help from Snoop Dogg, Places This Week: Group buys Marriott hotels in $113M+ deal, Its Time You Finally Learned Microsoft Excel. The retailer sought to elevate its private brands to strengthen consumer loyalty and stay ahead of local competitors. Then you can access your favorite statistics via the star in the header. This means that every time you visit this website you will need to enable or disable cookies again. Top 20 Grocery Retailers in Latin America | Download Table Table 3 - uploaded by Paul W. Dobson Content may be subject to copyright. Learn more about how Statista can support your business. Our analysis found that more than 70 percent are willing to share personal data in exchange for personalized offers or discounts and expect companies to understand their needs.2Based on McKinsey analysis of data from a survey by Coresight Research and Sailthru. The fastest-growing retailer in the Latin America region was Mexican department store El Puerto de Liverpool, which grew in year-on-year retail revenue by 35.5%. When the onset of the COVID-19 pandemic elevated the importance of online channels, one retailer sought to create a seamless experience for consumers. By market capitalization, the largest supermarkets are Sumber Alfaria, Almacenes Exito, E-Mart, Cencosud and Hero Supermarkets. Millward Brown and MPP released their fourth annual report (.PDF) analyzing the 50 most valuable brands in Latin America last week. Rankings and data on Europes 500 leading online retailers, Rankings and data on Asias 300 leading online retailers, Rankings and data on North Americas 1,000 leading online retailers, Latin America DatabasePRO Sample Profile, KEY DATA FROM THE 2022 LATIN AMERICA DATABASE, Copyright 2022 Digital Commerce 360 | Vertical Web Media LLC, Latin Americas leading online retailers, ranked 1-300 by annual web sales, Access includes up to 5 years of web sales, c. , technology vendor information and more. facts. Chart. Inspired by these stories of growth, sustainability, and innovation? As grocery retailers seek to respond to shifting consumer preferences, such lessons from the pandemic can help inform omnichannel strategy. To unlock growth, grocery retailers should focus on improving their operations to provide consumers with a personalized shopping experience. But for other companies, things werent so positive. Show publisher information Although global retailers often operate in various regions, for the purposes of this report, 100% of each companys sales are accounted for within the region that the company is headquartered in, even when the sales are made outside of that region. This list of companies and startups in Latin America in the retail space provides data on their funding history, investment activities, and acquisition trends. Founded in 2007 by Jos Neves for the love of fashion, and launched in 2008, FARFETCH began as an e-commerce marketplace for . Despite the unique challenges of retail in Latin America, there is an opportunity for LatAm retailers to learn how developed markets have addressed some of these challenges. Currently, you are using a shared account. [Online]. Inretail saw its revenues reach $3.6 billion in 2018, up 50.7 percent from the year before. However, this sentiment doesnt always translate to purchasing decisions. dollars)." Cumulatively, the top-five retailers in the Africa/Middle East region grew in total market share from 61% to 63%, with the top three Steinhoff, BM Birleik Maazalar and A101 Yeni Maazaclk showing double digit growth. Brazilian retail chain Raia Drogasil SA was the fastest-growing online retailer in Latin America. Overview and forecasts on trending topics, Industry and market insights and forecasts, Key figures and rankings about companies and products, Consumer and brand insights and preferences in various industries, Detailed information about political and social topics, All key figures about countries and regions, Market forecast and expert KPIs for 1000+ markets in 190+ countries & territories, Insights on consumer attitudes and behavior worldwide, Business information on 70m+ public and private companies, Detailed information for 35,000+ online stores and marketplaces. Winning grocery retailers will adjust their strategies to respond to consumer trends by focusing on four imperatives. Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited (DTTL), its global network of member firms, and their related entities (collectively, the Deloitte organization). Available: https://www.statista.com/statistics/302397/most-valuable-latin-american-retail-brands/, Most valuable Latin American retail brands in 2020, Immediate access to statistics, forecasts & reports, Total population of Latin America & Caribbean 2021, Population growth in Latin America & Caribbean 2021, Fertility rate in Latin America & Caribbean, Life expectancy at birth in Latin America & Caribbean 2020, Age structure in Latin America & Caribbean 2021, Life expectancy in Latin America and the Caribbean in 2021, Death rate in Latin America & Caribbean 2020, Urbanization in Latin America & Caribbean 2021, Gross domestic product (GDP) in Mexico 2028, Gross domestic product (GDP) in Costa Rica 2028, Trade balance of goods of Costa Rica 2022, Gross domestic product (GDP) in El Salvador 2028, Trade balance of goods of El Salvador 2022, Gross domestic product (GDP) in Guatemala 2028, National debt of Guatemala in relation to gross domestic product (GDP) 2028, Gross domestic product (GDP) in Honduras 2028, Gross domestic product (GDP) in Nicaragua 2028, Gross domestic product (GDP) in Panama 2028, Total population of Dominican Republic 2028, Gross domestic product (GDP) in Dominican Republic 2028, Trade balance of goods of Dominican Republic 2022, Inflation rate in Dominican Republic 2028, Unemployment rate in Dominican Republic 2022, National debt of the Dominican Republic 2028, Gross domestic product (GDP) in current U.S. dollars in Cuba 2020, Gross domestic product (GDP) in current U.S. dollars in Puerto Rico 2028, Gross domestic product (GDP) in Argentina 2028, Gross domestic product (GDP) in Bolivia 2028, Gross domestic product (GDP) in Brazil 2028, Gross domestic product (GDP) in Chile 2028, Gross domestic product (GDP) in Ecuador 2028, Gross domestic product (GDP) in Colombia 2028, Gross domestic product (GDP) in Paraguay 2028, Gross domestic product (GDP) in Peru 2028, Gross domestic product (GDP) in Uruguay 2028, Gross domestic product (GDP) in Venezuela 2024, Gross domestic product (GDP) of selected global regions 2022, Inflation rate in selected global regions in 2022, Forecast on the GDP growth in selected world regions until 2028, Share of global regions in the gross domestic product 2022, Employment to population ratio, by region 1991-2015, Unemployed persons in selected world regions 2024, Unemployment rate in selected world regions 2021, Youth unemployment rate in selected world regions 2022, New cases of COVID-19 worldwide from January 23, 2020 to June 13, 2023, by day, Brand value of the most valuable European retail brands 2014, Most valuable Asia-Pacific retail brands 2014, Brand value of the most valuable Korean retail brands 2013, Brand value of the most valuable retail brands of the U.K. 2013, Brand value of the most valuable Australian retail brands 2013, Brand value of the 10 most valuable retail brands of France 2012, Brand value of the most valuable retail brands Australia 2018, Brand value of the 10 most valuable German retail brands 2013, Leading Spanish retail brands 2021, by brand value, Brand value of the most valuable Chinese retail brands 2013, Brand value of the most valuable Korean brands 2014, Brand value of the most valuable retail brands in Germany 2014, Brand value of the most valuable banks Australia 2018, Brand value of the most valuable telecom providers Australia 2018, Annual retail turnover South Australia 2004-2022, Top retail brand pages on facebook in France in Q1 2021, by posts and interaction, Coronavirus: impact on the retail industry worldwide, Most valuable Latin American retail brands in 2020 (in billion U.S. dollars), Find your information in our database containing over 20,000 reports. Chart. To use individual functions (e.g., mark statistics as favourites, set Deloittes 2023 consumer products industry outlook examines the latest CPG trends to help companies overcome challenges and drive profitable growth. In this ranking - data from the latest Beyond Borders 2020/2021 study - Similar Web discloses the top ten e-commerce players in Latin America, first, overall in the region, and then, the five top websites per country. Profit from the additional features of your individual account. Brazil continues to be an outstanding opportunity for online retailers in Latin America and the world. Leading hyper-stores and supermarket retailers in Latin America based on estimated sales in 2021 and 2026 (in billion U.S. dollars) [Graph]. Profit from the additional features of your individual account. dollars)." Overview and forecasts on trending topics, Industry and market insights and forecasts, Key figures and rankings about companies and products, Consumer and brand insights and preferences in various industries, Detailed information about political and social topics, All key figures about countries and regions, Market forecast and expert KPIs for 1000+ markets in 190+ countries & territories, Insights on consumer attitudes and behavior worldwide, Business information on 70m+ public and private companies, Detailed information for 35,000+ online stores and marketplaces. Top ecommerce companies in Latin America saw online revenue growth slow significantly in 2021 vs. the prior yearmuch like the upper echelon in the U.S. The challenge is to synthesize the multiple attributes valued by consumers into a coherent strategy. FARFETCH is the leading global platform for the luxury fashion industry. The composite performance of the companies in the Africa/Middle East region totalled 8.6% growth in retail revenue in FY2021. statistic alerts) please log in with your personal account. 168bn USD Detailed statistics Retail e-commerce sales value worldwide 2022, by region Detailed statistics M-commerce retail sales in Latin America 2019-2025 E-commerce as share of total. The pandemic was the catalyst for change as luxury goods companies adopted new paradigms of value creation. startups, investments and M&A activities, notable investors of these companies, their management team, and recent news are also included. Alternative customer communications channels were augmented by a nationwide campaign to gather e-mails, which tripled its total number of e-mails. Please create an employee account to be able to mark statistics as favorites. Directly accessible data for 170 industries from 150+ countries According to Nielsen, Brazil and Mexico are the Latin American countries that register the highest consumption in retail. Accessed July 09, 2023. https://www.statista.com/statistics/1261158/leading-hyper-stores-supermarkets-latin-america/, Edge by Ascential. "Most valuable Latin American retail brands in 2020 (in billion U.S. "Leading Retailers of Latin America in 2020, by Retail Sales (in Billion U.S. The pervasiveness of health and well-being as a topic in the public conversation during the pandemic appears set to endure in Latin America. Flush with data and innovative ad formats, several retail media frontrunners are already emergingand revolutionizing the ad industry as Cumulatively, the ten companies from this region in the top 250 occupy a retail revenue share of 1.3% of the companies on the list. Home Depot. Grocery retailers have adjusted their strategies in an effort to keep pace. Taking the top position was high-end fashion retailer LVMH, which grew by 51.4% year-on-year, to nearly USD 56.3 billion. Topics Retail Ecommerce Sales Digital Shoppers & Buyers Latin America Executive Summary Previous economic crises forced companies in Latin America to reduce costs, but the COVID-19 pandemic compelled retailers to ramp up investment in ecommerce, embrace a digital-first agenda, and meet the growing demands of more technologically savvy consumers. Additional barriers include the lack of personal contact when shopping onlinea major contributor to the preference for physical storesand high shipping costs for online purchases. During the pandemic, one grocery retailer used dedicated areas in its large stores as multiple urban fulfillment centers to enable quicker deliveries and faster picking for online purchases. Currently, you are using a shared account. 1. Modern CFOs are finding it tougher to keep their footing, as the cloud of economic uncertainty looms in. For more, see DTC and brick and mortar brands use valuedriven personalization to score big in Sailthrus 5th annual Retail Personalization Index, Sailthru, March 30, 2022. One indelible image of Latin America is the independent "mom-and-pop" shop: ubiquitous retailers that range from street stands and kiosks peddling soft drinks and snacks to corner stores selling groceriesroughly a million such businesses in Brazil, more than 800,000 in Mexico, and 400,000 in Colombia, for example. Inretail saw its revenues reach $3.6 billion in 2018, up 50.7 percent from the year before. The report focuses on the various regions by looking at which countries and which companies contributed to the total retail revenue in that region. and over 1Mio. You need at least a Starter Account to use this feature. Retailers are ranked by unique visitor using a desktop computer at home or work. Best-practice examples from across the retail spectrum, including other regions, can guide grocery executives in charting a path forward.

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