After the heavy losses seen during the pandemic small local grocers will see a slow but steady recovery in current value terms throughout the forecast period. Nonetheless, the channel is not expected to see a full return to pre-pandemic sales levels by 2028.
As well as facing increasing price competition from modern grocery channels, some small local grocers also suffer from being seen as less hygienic and old-fashioned. As such, if they are to remain competitive small local grocers will need to improve their stores through methods like providing a cleaner environment, creating greater convenience for their customers by securing more parking spots, and providing services to accommodate shoppers with children.
The number of small local grocers operating in Malaysia is expected to continue decline over the forecast period. It is already clear that the adverse economic impact of the COVID-19 pandemic hit independent retail businesses much harder than their chained rivals, and this presented additional challenges to a category already facing difficulties thanks to the spread of modern grocery retailers throughout the country.
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Understand the latest market trends and future growth opportunities for the Small Local Grocers industry in Malaysia with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Small Local Grocers industry in Malaysia, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Small local grocers are mostly independent retail outlets (with a selling space of under 400 square metres), kiosks, market stalls or street vendors, owned by families and/or run on an individual basis, and with a primary focus on selling food/beverages/tobacco and other groceries. Small local grocers also includes ethnic grocery stores that specialize in foreign brands and food types, health food stores, confectioners/newsagents/tobacconists (CTNs), food & drink souvenir stores, legally registered mobile shops that are run out of a truck, and regional specialty stores. Retail sales from farmers markets, farms, vineyards, or similar producers are also included in small local grocers. Outlets located within wet markets in Southeast Asia (often located in government-owned multi-story buildings) should be counted as separate outlets.
See All of Our DefinitionsThis report originates from Passport, our Small Local Grocers research and analysis database.
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