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Global Retail Market: By Product: Food, Beverage and Grocery, Personal and Household Care, Apparel, Footwear, and Accessories, Furniture, Home Decor, Others; By Sector; By Distribution Channel; Regional Analysis; Historical Market and Forecast (2018-2028); Competitive Landscape; Industry Events and Developments

Global Retail Market Outlook

The global retail market reached a value of about USD 23 trillion in 2020. The market is expected to further witness a healthy growth in the forecast period of 2023-2028.

 

Global Retail Market

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Thriving E-Commerce Industry to Augment the Growth of the Global Retail Industry

Based on distribution channel, the e-commerce segment is witnessing a robust growth and is expected to account for a significant share in the industry in the forecast period. This can be attributed to the growing smartphone penetration and the ever-increasing usage of internet across the globe. The changing purchasing behaviour of consumers and an increasing number of suppliers selling online are also facilitating the market growth.  The increasing adoption of Internet of Things (IoT) has revolutionised the e-commerce sector, which, in turn, is reshaping the overall retail industry. Meanwhile, there is expected to be a significant surge in the sales of online fresh groceries, which will aid the industry growth in the forecast period.

 

The Asia Pacific to Significantly Boost the Retail Industry Growth

The Asia Pacific accounts for a major share in the industry owing to the growing investments by the leading e-commerce companies in emerging economies like India and China. The fast-growing economies and the growing consumer disposable incomes in the region are favouring the industry growth. Moreover, the region is predicted to witness a robust growth in the forecast period owing to the growing tourism activities in countries, like Singapore, Malaysia, and Thailand. These nations are predicted to increase their market share as the growing travel and tourism activities are expected to augment the demand for products like apparel, luxury goods, and electronics.

The retail industry has been severely impacted with the global outbreak of the COVID-19 pandemic as retail sales experienced a drastic fall during the first half of 2020 owing to the stringent lockdown measures across various countries. The global retail sales fell by an average of 9.6% in 2020, representing a loss of USD 2.1 trillion. However, the market is expected to recover by 2021 and witness a steady growth in the forecast period.

 

Retail: Market Segmentation

Retail refers to the process of selling consumer goods or services through various channels of distribution to satisfy the demand of the consumers. A retail transaction mostly handles small quantities of goods or services.

 

Global Retail Market By Distribution CHannel

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By product, the market is divided into:

  • Food, Beverage and Grocery
  • Personal and Household Care
  • Apparel, Footwear, and Accessories
  • Furniture, Home Décor
  • Toys, Hobby and Household Appliances
  • Industrial and Automotive 
  • Electronic, Consumer Durables and IT 
  • Pharmaceuticals, Luxury Goods,
  • Others

Based on sector, the industry can be segmented into:

  • Organised
  • Unorganised

Based on distribution channel, the market is divided into:

  • Supermarkets & Hypermarkets
  • Convenience Stores
  • Specialty Stores
  • Department Stores
  • E-Commerce
  • Others

The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Global Retail Market By Region

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Enhancement in Technology to Bolster the Growth of the Retail Industry

The retail industry is being driven by the rapid technological innovations. This can be attributed to the increasing popularity of augmented reality among retailers as well as consumers as it provides enhanced consumer experience. The incorporation of augmented reality allows consumers to visualise the selected items. Moreover, the internet is revolutionising the retail industry by allowing retailers to increase their audience from the local area to overseas and increase the expediency of customer, thus, triggering the industry growth. The proliferating usage of smartphone and the increasing consumer accessibility to everyday essentials from the comfort of home have also propelled the market growth. Other factors like rapid urbanisation and escalating disposable incomes are also aiding market growth.

 

Key Industry Players in the Global Retail Market

The report gives a detailed analysis of the following key players in the global retail market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • Amazon.com, Inc.
  • Walmart Inc.
  • Costco Wholesale Corporation.
  • Kroger Co.
  • Alibaba Group Holding Ltd
  • Home Depot Product Authority, LLC
  • Walgreen Co
  • Reliance Industries Limited
  • Others

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.

 

REPORT FEATURES DETAILS
Base Year 2022
Historical Period 2018-2022
Forecast Period 2023-2028
Scope of the Report Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Product, Sector, Distribution Channel, Region
Breakup by Product Food, Beverage and Grocery, Personal and Household Care, Apparel, Footwear,
and Accessories, Furniture, Home Decor, Toys, Hobby and Household Appliances,
Industrial and Automotive, Electronic, Consumer Durables and IT, Pharmaceuticals, Luxury Goods, Others
Breakup by Sector Organised, Unorganised
Breakup by Distribution Channel Hypermarket and Supermarket, Convenience Stores, Specialty Stores, Department Stores, E-Commerce, Others
Breakup by Region North America, Latin America, Europe, Middle East and Africa, Asia Pacific
Market Dynamics SWOT, Porter's Five Forces, Key Indicators for Price and Demand
Competitive Landscape Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications
Companies Covered Amazon.com, Inc., Walmart Inc., Costco Wholesale Corporation., Kroger Co., Alibaba Group Holding Ltd, Home Depot Product Authority, LLC, Walgreen Co, Reliance Industries Limited, Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Opportunities and Challenges in the Market
8    Global Retail Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Retail Historical Market (2018-2022) 
    8.3    Global Retail Market Forecast (2023-2028)
    8.4    Global Retail Market by Product 
        8.4.1    Food, Beverage and Grocery
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2018-2022)
            8.4.1.3    Forecast Trend (2023-2028)
        8.4.2    Personal and Household Care
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2018-2022)
            8.4.2.3    Forecast Trend (2023-2028)
        8.4.3    Apparel, Footwear, and Accessories
            8.4.3.1    Market Share
            8.4.3.2    Historical Trend (2018-2022)
            8.4.3.3    Forecast Trend (2023-2028)
        8.4.4    Furniture, Home Decor
            8.4.4.1    Market Share
            8.4.4.2    Historical Trend (2018-2022)
            8.4.4.3    Forecast Trend (2023-2028)
        8.4.5    Toys, Hobby and Household Appliances
            8.4.5.1    Market Share
            8.4.5.2    Historical Trend (2018-2022)
            8.4.5.3    Forecast Trend (2023-2028)
        8.4.6    Industrial and Automotive 
            8.4.6.1    Market Share
            8.4.6.2    Historical Trend (2018-2022)
            8.4.6.3    Forecast Trend (2023-2028)
        8.4.7    Electronic, Consumer Durables and IT 
            8.4.7.1    Market Share
            8.4.7.2    Historical Trend (2018-2022)
            8.4.7.3    Forecast Trend (2023-2028)
        8.4.8    Pharmaceuticals, Luxury Goods
            8.4.8.1    Market Share
            8.4.8.2    Historical Trend (2018-2022)
            8.4.8.3    Forecast Trend (2023-2028)
        8.4.9    Others
    8.5    Global Retail Market by Sector
        8.5.1    Organised
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2018-2022)
            8.5.1.3    Forecast Trend (2023-2028)
        8.5.2    Unorganised
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2018-2022)
            8.5.2.3    Forecast Trend (2023-2028)
    8.6    Global Retail Market by Distribution Channel
        8.6.1    Hypermarket and Supermarket
            8.6.1.1    Market Share
            8.6.1.2    Historical Trend (2018-2022)
            8.6.1.3    Forecast Trend (2023-2028)
        8.6.2    Convenience Stores
            8.6.2.1    Market Share
            8.6.2.2    Historical Trend (2018-2022)
            8.6.2.3    Forecast Trend (2023-2028)
        8.6.3    Specialty Stores
            8.6.3.1    Market Share
            8.6.3.2    Historical Trend (2018-2022)
            8.6.3.3    Forecast Trend (2023-2028)
        8.6.4    Department Stores
            8.6.4.1    Market Share
            8.6.4.2    Historical Trend (2018-2022)
            8.6.4.3    Forecast Trend (2023-2028)
        8.6.5    E-Commerce
            8.6.5.1    Market Share
            8.6.5.2    Historical Trend (2018-2022)
            8.6.5.3    Forecast Trend (2023-2028)
        8.6.6    Others    
    8.7    Global Retail Market by Region
        8.7.1    North America
            8.7.1.1    Market Share
            8.7.1.2    Historical Trend (2018-2022) 
            8.7.1.3    Forecast Trend (2023-2028)
        8.7.2    Europe
            8.7.2.1    Market Share
            8.7.2.2    Historical Trend (2018-2022) 
            8.7.2.3    Forecast Trend (2023-2028)
        8.7.3    Asia Pacific
            8.7.3.1    Market Share
            8.7.3.2    Historical Trend (2018-2022) 
            8.7.3.3    Forecast Trend (2023-2028)
        8.7.4    Latin America
            8.7.4.1    Market Share
            8.7.4.2    Historical Trend (2018-2022) 
            8.7.4.3    Forecast Trend (2023-2028)
        8.7.5    Middle East and Africa
            8.7.5.1    Market Share
            8.7.5.2    Historical Trend (2018-2022) 
            8.7.5.3    Forecast Trend (2023-2028)
9    North America Retail Market Analysis
    9.1    United States of America 
        9.1.1    Market Share
        9.1.2    Historical Trend (2018-2022) 
        9.1.3    Forecast Trend (2023-2028)
    9.2    Canada
        9.2.1    Market Share
        9.2.2    Historical Trend (2018-2022) 
        9.2.3    Forecast Trend (2023-2028)
10    Europe Retail Market Analysis
    10.1    United Kingdom
        10.1.1    Market Share
        10.1.2    Historical Trend (2018-2022) 
        10.1.3    Forecast Trend (2023-2028)
    10.2    Germany
        10.2.1    Market Share
        10.2.2    Historical Trend (2018-2022) 
        10.2.3    Forecast Trend (2023-2028)
    10.3    France
        10.3.1    Market Share
        10.3.2    Historical Trend (2018-2022) 
        10.3.3    Forecast Trend (2023-2028)
    10.4    Italy
        10.4.1    Market Share
        10.4.2    Historical Trend (2018-2022) 
        10.4.3    Forecast Trend (2023-2028)
    10.5    Others
11    Asia Pacific Retail Market Analysis
    11.1    China
        11.1.1    Market Share
        11.1.2    Historical Trend (2018-2022) 
        11.1.3    Forecast Trend (2023-2028)
    11.2    Japan
        11.2.1    Market Share
        11.2.2    Historical Trend (2018-2022) 
        11.2.3    Forecast Trend (2023-2028)
    11.3    India
        11.3.1    Market Share
        11.3.2    Historical Trend (2018-2022) 
        11.3.3    Forecast Trend (2023-2028)
    11.4    ASEAN
        11.4.1    Market Share
        11.4.2    Historical Trend (2018-2022) 
        11.4.3    Forecast Trend (2023-2028)
    11.5    Australia
        11.5.1    Market Share
        11.5.2    Historical Trend (2018-2022) 
        11.5.3    Forecast Trend (2023-2028)
    11.6    Others
12    Latin America Retail Market Analysis
    12.1    Brazil
        12.1.1    Market Share
        12.1.2    Historical Trend (2018-2022) 
        12.1.3    Forecast Trend (2023-2028)
    12.2    Argentina
        12.2.1    Market Share
        12.2.2    Historical Trend (2018-2022) 
        12.2.3    Forecast Trend (2023-2028)
    12.3    Mexico
        12.3.1    Market Share
        12.3.2    Historical Trend (2018-2022) 
        12.3.3    Forecast Trend (2023-2028)
    12.4    Others
13    Middle East and Africa Retail Market Analysis
    13.1    Saudi Arabia
        13.1.1    Market Share
        13.1.2    Historical Trend (2018-2022) 
        13.1.3    Forecast Trend (2023-2028)
    13.2    United Arab Emirates
        13.2.1    Market Share
        13.2.2    Historical Trend (2018-2022) 
        13.2.3    Forecast Trend (2023-2028)
    13.3    Nigeria
        13.3.1    Market Share
        13.3.2    Historical Trend (2018-2022) 
        13.3.3    Forecast Trend (2023-2028)
    13.4    South Africa
        13.4.1    Market Share
        13.4.2    Historical Trend (2018-2022) 
        13.4.3    Forecast Trend (2023-2028)
    13.5    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Value Chain Analysis
16    Competitive Landscape

    16.1    Market Structure
    16.2    Company Profiles
        16.2.1    Amazon.com, Inc.
            16.2.1.1    Company Overview
            16.2.1.2    Product Portfolio
            16.2.1.3    Demographic Reach and Achievements
            16.2.1.4    Certifications
        16.2.2    Walmart Inc.
            16.2.2.1    Company Overview
            16.2.2.2    Product Portfolio
            16.2.2.3    Demographic Reach and Achievements
            16.2.2.4    Certifications
        16.2.3    Costco Wholesale Corporation.
            16.2.3.1    Company Overview
            16.2.3.2    Product Portfolio
            16.2.3.3    Demographic Reach and Achievements
            16.2.3.4    Certifications
        16.2.4    Kroger Co.
            16.2.4.1    Company Overview
            16.2.4.2    Product Portfolio
            16.2.4.3    Demographic Reach and Achievements
            16.2.4.4    Certifications
        16.2.5    Alibaba Group Holding Ltd
            16.2.5.1    Company Overview
            16.2.5.2    Product Portfolio
            16.2.5.3    Demographic Reach and Achievements
            16.2.5.4    Certifications
        16.2.6    Home Depot Product Authority, LLC
            16.2.6.1    Company Overview
            16.2.6.2    Product Portfolio
            16.2.6.3    Demographic Reach and Achievements
            16.2.6.4    Certifications
        16.2.7    Walgreen Co
            16.2.7.1    Company Overview
            16.2.7.2    Product Portfolio
            16.2.7.3    Demographic Reach and Achievements
            16.2.7.4    Certifications
        16.2.8    Reliance Industries Limited
            16.2.8.1    Company Overview
            16.2.8.2    Product Portfolio
            16.2.8.3    Demographic Reach and Achievements
            16.2.8.4    Certifications
        16.2.9     Others
17    Key Trends and Developments in the Market


List of Key Figures and Tables

1.    Global Retail Market: Key Industry Highlights, 2018 and 2028
2.    Global Retail Historical Market: Breakup by Product (USD Trillion), 2018-2022
3.    Global Retail Market Forecast: Breakup by Product (USD Trillion), 2023-2028
4.    Global Retail Historical Market: Breakup by Sector (USD Trillion), 2018-2022
5.    Global Retail Market Forecast: Breakup by Sector (USD Trillion), 2023-2028
6.    Global Retail Historical Market: Breakup by Distribution Channel (USD Trillion), 2018-2022
7.    Global Retail Market Forecast: Breakup by Distribution Channel (USD Trillion), 2023-2028
8.    Global Retail Historical Market: Breakup by Region (USD Trillion), 2018-2022
9.    Global Retail Market Forecast: Breakup by Region (USD Trillion), 2023-2028
10.    North America Retail Historical Market: Breakup by Country (USD Trillion), 2018-2022
11.    North America Retail Market Forecast: Breakup by Country (USD Trillion), 2023-2028
12.    Europe Retail Historical Market: Breakup by Country (USD Trillion), 2018-2022
13.    Europe Retail Market Forecast: Breakup by Country (USD Trillion), 2023-2028
14.    Asia Pacific Retail Historical Market: Breakup by Country (USD Trillion), 2018-2022
15.    Asia Pacific Retail Market Forecast: Breakup by Country (USD Trillion), 2023-2028
16.    Latin America Retail Historical Market: Breakup by Country (USD Trillion), 2018-2022
17.    Latin America Retail Market Forecast: Breakup by Country (USD Trillion), 2023-2028
18.    Middle East and Africa Retail Historical Market: Breakup by Country (USD Trillion), 2018-2022
19.    Middle East and Africa Retail Market Forecast: Breakup by Country (USD Trillion), 2023-2028
20.    Global Retail Market Structure

Key Questions Answered in the Report

In 2020, the global retail market attained a value of nearly USD 23 trillion.

The major industry drivers are rising population, growing smartphone penetration, and the ever-increasing usage of internet across the globe.

The key trends in the market are rapid technological innovations and increasing popularity of augmented reality among retailers.

The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific, with Asia Pacific accounting for the largest share in the market.

The products in the industry include food and beverages, personal and household care, apparel, footwear, accessories, furniture, toys, and hobby, electronic and household appliances.

The sectors in the industry can be segmented into organised and unorganised.

The distribution channel segment is led by supermarkets and hypermarkets.

The major players in the industry are Amazon.com, Inc., Walmart Inc., Costco Wholesale Corporation, Kroger Co., Alibaba Group Holding Ltd, Home Depot Product Authority, LLC, Walgreen Co, and Reliance Industries Limited, among others.

Analyst Review

The global retail market attained a value of USD 23 trillion in 2020, driven by the growing smartphone penetration and the ever-increasing usage of internet across the globe. Aided by the rapid technological innovations and increasing popularity of augmented reality among retailers, the market is likely to grow in the coming years.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. On the basis of distribution channels, the supermarkets and hypermarkets sector accounts for the leading share in the industry. The major regional markets for retail are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa, with Asia Pacific accounting for the largest share of the market. The key players in the above market include Amazon.com, Inc., Walmart Inc., Costco Wholesale Corporation, Kroger Co., Alibaba Group Holding Ltd, Home Depot Product Authority, LLC, Walgreen Co, and Reliance Industries Limited, among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.

Right Price

We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.

Right Support

Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.

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