Retailers like Aldi and Hema increase private label product offerings to improve profit margins.
economy9 h ago
coda.news AI summary
- Private-label share in Chinese supermarkets is 8% (2026).
- 40% of consumers are willing to buy private-label products.
- Projected private-label penetration to 20-30% in the next five years.
- Aldi's private-label share in China is over 90%; Hema is around 35-40%; Hema reduced SKUs to about 1,800 and later expanded to about 6,000.
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