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"In 2019, retail sales increased for the vast majority of European countries, and the combined value of retail sales for the 36 major economies covered in Mintel's European Retail Handbook reached €3.5 trillion. Germany has the largest retail market but France appears second, followed by Russia and placing the UK fourth. Luxembourg and Switzerland lead when in retail sales per capita. But with the arrival of COVID-19 in 2020 the retail sector has become disrupted. However, in spite of the impact of lockdowns and consumer caution, we still expect retail sales to grow during the year in local currency in half of the countries covered in the Handbook."

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“The market for vehicle recovery is expected to suffer relatively minimal disruption from the COVID-19 pandemic. Assisted by the annual payment for most policies the sector is forecast to see recovery from 2021 helped by moves from many players in this market to move away from price competition and add value through wider support for motorists.”

- Chris Hadley, Research Analyst

This report will look at the following areas:

  • The impact of COVID-19 on the vehicle recovery services market.

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