How big is the Retail Industry?

The Retail Industry size is expected to reach USD 32.68 trillion in 2024 and grow at a CAGR of 7.65% to reach USD 47.24 trillion by 2029. Read More

What is the current Retail Industry size?

In 2024, the Retail Industry size is expected to reach USD 32.68 trillion. Read More

Who are the key players in Retail Industry?

Walmart Inc., Amazon Inc., Costco Wholesale Corporation, The Home Depot Inc. and JD.com are the major companies operating in the Retail Industry. Read More

Which is the fastest growing region in Retail Industry?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Retail Industry?

In 2024, the North America accounts for the largest market share in Retail Industry. Read More

What years does this Retail Industry cover, and what was the market size in 2023?

In 2023, the Retail Industry size was estimated at USD 30.18 trillion. The report covers the Retail Industry historical market size for years: 2020, 2021, 2022 and 2023. The report also forecasts the Retail Industry size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

What are the key driving factors for the growth of the Retail Industry?

The key driving factors for the growth of the Retail Industry are: a) Rising consumer spending b) Increasing strength of online shopping, and c) Growing smartphone penetration across countries Read More

What are the key driving factors for the growth of the Retail Industry?

The key driving factors for the growth of the Retail Industry are: a) Rising consumer spending b) Increasing strength of online shopping, and c) Growing smartphone penetration across countries Read More

Retail Market Growth | Industry Analysis, Size & Forecast Report

Retail Industry Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Retail Industry Report is Segmented by Products (Food, Beverages, and Grocery, Personal and Household Care, Apparel, Footwear and Accessories, Furniture, Toys and Hobby, Electronic and Household Appliances, and Other Products), by Distribution Channel (Supermarkets/Hypermarkets, Convenience Stores, and Department Stores, Specialty Stores, Online, and Other Distribution Channels), and by Geography by (North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa). The Report Offers Market Size and Forecasts for the Retail Market in Value (USD) for all the Above Segments.

Retail Industry Overview

The retail industry is highly competitive, with various local players operating in the market. To gain a competitive advantage in the industry, competitors are increasing their efforts to collaborate and utilize cutting-edge technology, such as AI and AR. Some of the key players in the market include Walmart Inc., Amazon Inc., Costco Wholesale Corporation, The Home Depot Inc., and JD.com.