Jul 28, 2022
In Welcome to the Forum
In 2021, Taiwan is facing unprecedented border blockade and three-level alert measures, which will accelerate the changes in the market share of the retail industry: First, in the field of brick-and-mortar retail, the market share of leading companies continues to increase, forming a highly concentrated industry landscape. For example, Costco and Carrefour, the top two companies in the mass-marketing industry, will have a combined market share of 76.7% in 2021; Quanlian Industrial and Sanshang Shopping (American Lian She) in the supermarket industry, and Uni-President in the super-commerce industry The combined market share of supermarkets (7-11) and FamilyMart convenience stores exceeds 68% of the industry in which they operate. Secondly, the concentration of the e-commerce industry is rapidly increasing, and the market share and online traffic of a few leading companies have risen sharply, forming an increasingly obvious traffic gap with other companies; The cross-industry mergers and acquisitions war led by it has become the first concrete blueprint for the OMO life full channel of Taiwan's retail industry, and it is also a significant milestone in the development of the service industry. The Future Circulation Research Institute team compiled the operating data of Taiwan's physical retail & e-commerce industry, calculated the Special Database company's annual revenue in the Taiwan market, regularly released the market share rankings of major sub-industries, and interviewed a number of senior industry experts to summarize the market share. Industry trends and development trends brought about by changes in territory. 2021 Taiwan's "Retail E-commerce" Industry Market Share Hero List Photo Credit: Future Circulation Research Institute The influence of retail leaders continues to increase: the top two companies in department stores, supermarkets, mass retailers and supermarkets have a market share of 35%-77% Department Store Industry: Total department store revenue in 2021 fell 3.2% after a 0.3% decline in 2020. However, the decline in turnover of the leading industry was relatively low or even increased against the trend, which led to the expansion of market share and increased the concentration of the department store industry. The No. 1 Shin Kong Mitsukoshi Department Store’s market share increased from 21.3% in 2020 to 21.7%; the No. 2 Far East Department Store’s market share increased from 13.4% to 13.6%; the No. 3 SOGO Department Store’s market share increased from 11.8% % increased to 12.0%. The Taipei Financial Tower (Taipei 101 Mall), Kaohsiung's landmark Hanshin Shopping Center, and Hanshin Famous Stores have all grown in market share simultaneously. In addition, the department store business of Uni-President, Nanfang Circulation Business (Nanfang Shopping Center), Uniform Development (United Dream Times), Uni-President Baihua (United Times Department Store), etc., have a total market share of about 2.9%.