Russian Retail Market: in 5-7 Years 90% of the Market will Belong to 4-5 Major Players

The consolidation process, which has already started in the Russian retail market, will be over in 5-7 years. The experts predict that 4-5 largest retail market players will occupy up to 90% of the market. At the moment all retail chains hold a 30% market share, less than 15% belongs to 5 major players. In 5-7 years retail will occupy about 80-90% of the whole market. The rest 10-20% will belong to collective farm markets and super-specialty shops (cheese or butcher’s shops), which will offer goods which can’t be found in a supermarket.

Source: www.foodretail.ru