France Retail Market Report and Forecast 2024-2032

France Retail Market Size

The France retail market reached a value of USD 756.6 billion in 2023. The market is projected to grow at a CAGR of 3.1% between 2024 and 2032, to reach USD 995.86 by 2032.

France Retail Market Outlook

• As per the industry reports, the e-commerce sector in France witnessed a growth of 10.5 per cent in 2023.

• Supermarket Income REIT announced the acquisition of Carrefour supermarkets located in France, in April 2024, to expand its portfolio.

• Mango company announced that it intends to expand its reach in France by establishing over 70 additional stores in the coming years and aims to reach around 300 stores by 2025.

France Retail Market Growth

Growth of online shopping, incorporation of ethical business practices, and the entrance of a large number of new market players are some of the major market drivers. The increasing consumer interest in sustainable and ethical business practices is encouraging retailers to implement eco-friendly initiatives, including reducing packaging waste, ethically sourcing products, and minimising carbon footprints.

New retail formats like pop-up stores, experiential retail spaces, and digital-only brands are on the rise as these formats are designed to meet the changing consumer demand for unique shopping experiences and convenience.

Retailers are integrating high-end technologies such as augmented reality (AR), virtual reality (VR), and IoT to elevate the shopping experience and optimise operational processes. For instance, AR technology enables customers to get a preview of the products in their own living spaces prior to making a purchase.

France Retail Industry Segmentation

“France Retail Market Report and Forecast 2024-2032” offers a detailed analysis of the market based on the following segments:

Market Breakup by Products

• Food, Beverage, and Grocery

• Personal and Household Care

• Apparel, Footwear, and Accessories

• Furniture and Home Décor

• Electronic and Household Appliances

• Others

Market Breakup by Distribution Channel

• Supermarkets and Hypermarkets

• Convenience Stores

• Specialty Stores

• Online

• Others

Market Breakup by Region

• Île-de-France

• Auvergne-Rhône-Alpes

• Nouvelle-Aquitaine

• Occitania

• Hauts-de-France

• Provence-Alpes- Côte d'Azur

• Grand Est

France Retail Market Share

Based on products, the market is divided into food, beverage, and grocery, personal and household care, apparel, footwear, and accessories, furniture and home décor, and electronic and household appliances, among others. The food, beverage, and grocery sector accounts for a substantial market share as food, beverages, and groceries are daily-use items that consumers consume regularly. Furthermore, supermarkets and hypermarkets primarily sell food, beverages, and grocery items such as fresh food, packaged goods, and other essential items.

Leading Companies in the France Retail Market

The market participants are investing in online retail platforms for the facilitation of online shopping.

• Carrefour S.A.

• ELO S.A. (Auchan Retail International S.A.)

• Hermes International S.A.

• LVMH Moët Hennessy Louis Vuitton SE (Sephora)

• Amazon.com Inc.

• E.Leclerc

• Decathlon SAS

• Casino Guichard Perrachon S.A.

• ALDI

• Others

Key Highlights of the Report