This research study added to the broad database of Market Research Hub (MRH) focusing on the Retailing in Finland, Market Shares, Summary, and Forecasts to 2022 delivers an in-depth outlook to present information about executive summary and key performance indicators. Furthermore, readers can gather knowledge about the economic status, demographics and competitive landscape which is prevailing in the concerned industry during the review period, 2022. Overall, the purpose of this assessment is to present a clear picture highlighting the transformations expected to occur in the Retailing in Finland driven by major trends and opportunities. 

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Retailing in Finland, Market Shares, Summary, and Forecasts to 2022

Summary

"Retailing in Finland, Market Shares, Summary, and Forecasts to 2022", provides data for historic and forecast retail sales, and also includes information on the business environment and country risk related to Finland retail environment. In addition, it analyzes the key consumer trends influencing Finland retail industry.

Retail sales in Finland improved in line with economic recovery and strengthening consumer confidence. Total retail sales in the country registered 44.2 billion in 2017 and are forecast to grow at a CAGR of 1.9% during the forecast period to reach 48.7 billion by the end of 2022.

What else does this report offer?

- In-depth analysis of the latest trends in consumer shopping, covering the factors driving shopping, consumer insights, market dynamics (covering 26 product categories),
- The report also details major retailers in each category group with their product proposition analysis and market positioning in 2017 along with recent key developments
- Market insights based on consumer trends, changing economic and demographic factors, technology innovations, and other macroeconomic factors
- Retail sales and the fastest-growing product categories, which include Clothing, Footwear, Books, News and Stationery, Electrical and Electronics, Food and Grocery, Health and Beauty, Furniture and Floor Coverings, Home and Garden Products, Music, Video and Entertainment Software, Sports and Leisure Equipment, Jewelry, Watches and Accessories, and Luggage and Leather Goods
- Qualitative and quantitative insights of changing retail dynamics across various channels.

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Scope

- Improved economic scenario and rising employment to help retail sales
- Rising wages and increasing household consumption will drive retail sales
- Improved purchasing power is driving growth across all sectors
- While food & grocery is the largest sector, electricals is growing the fastest
- Electricals, health & beauty and food & grocery lead growth
- Hypermarkets is the largest channel while online retail is producing the fastest growth
- Changing consumer behavior will strengthen sales for hypermarkets
- Increasing consumer adoption and convenience drive online sales.

Table of Contents

Key findings
The state of the nation
The state of retail
Clothing & footwear
Food & grocery
Electricals
Health & beauty
Home
Others
Definitions
Methodology

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