Top 10 Discount Grocery Chains in Norway by Market Share
Introduction
Discount grocery chains have become increasingly popular in Norway due to their affordable prices and wide range of products. These chains offer customers the opportunity to save money on their grocery shopping while still getting quality products. In this report, we will explore the top 10 discount grocery chains in Norway based on their market share.
1. Kiwi
Kiwi is one of the leading discount grocery chains in Norway, known for its low prices and extensive selection of products. With over 650 stores across the country, Kiwi has a significant market share in the Norwegian grocery retail sector. In 2020, Kiwi reported a revenue of over 30 billion Norwegian kroner.
2. Rema 1000
Rema 1000 is another major player in the discount grocery industry in Norway. With a focus on offering quality products at affordable prices, Rema 1000 has over 600 stores in Norway. In 2020, Rema 1000 reported a revenue of around 70 billion Norwegian kroner, making it one of the top discount grocery chains in the country.
3. Coop Obs!
Coop Obs! is a discount grocery chain operated by Coop Norway, one of the largest retail cooperatives in the country. With a focus on providing customers with a wide range of products at discounted prices, Coop Obs! has a significant market share in Norway. In 2020, Coop Norway reported a revenue of over 60 billion Norwegian kroner.
4. Bunnpris
Bunnpris is a discount grocery chain that is popular among Norwegian consumers for its competitive prices and convenient locations. With over 250 stores across the country, Bunnpris has a strong presence in the Norwegian grocery retail market. In 2020, Bunnpris reported a revenue of around 10 billion Norwegian kroner.
5. Joker
Joker is a discount grocery chain that is part of the NorgesGruppen retail group, one of the largest in Norway. Joker stores offer customers a wide range of products at discounted prices, making it a popular choice for budget-conscious shoppers. In 2020, NorgesGruppen reported a revenue of over 100 billion Norwegian kroner.
6. Europris
Europris is a discount retail chain that offers a variety of products, including groceries, household goods, and clothing, at affordable prices. With over 260 stores in Norway, Europris has a significant market share in the discount grocery sector. In 2020, Europris reported a revenue of around 5 billion Norwegian kroner.
7. Spar
Spar is a global retail chain that operates in Norway as well, offering customers a selection of discounted groceries and other products. With over 300 stores in Norway, Spar has a presence in the discount grocery market. In 2020, Spar reported a revenue of over 10 billion Norwegian kroner.
8. Meny
Meny is a premium grocery chain that also offers discounted products to customers. With over 180 stores in Norway, Meny caters to a diverse customer base with its range of products at competitive prices. In 2020, Meny reported a revenue of around 15 billion Norwegian kroner.
9. Matkroken
Matkroken is a discount grocery chain that focuses on providing customers with locally sourced products at affordable prices. With over 100 stores in Norway, Matkroken has a niche market share in the discount grocery sector. In 2020, Matkroken reported a revenue of around 3 billion Norwegian kroner.
10. Prix
Prix is a discount grocery chain that is part of the Axfood retail group, offering customers a range of products at discounted prices. With over 150 stores in Norway, Prix has a presence in the discount grocery market. In 2020, Axfood reported a revenue of over 20 billion Norwegian kroner.
Conclusion
In conclusion, the discount grocery market in Norway is highly competitive, with several chains vying for market share. The top 10 discount grocery chains in Norway, such as Kiwi, Rema 1000, and Coop Obs!, offer customers a wide range of products at affordable prices, making them popular choices among Norwegian consumers. With their strong revenues and extensive store networks, these discount grocery chains are likely to continue dominating the market in the coming years.
Related Analysis: View Previous Industry Report
