PUBLISHER: The Business Research Company | PRODUCT CODE: 1961673
PUBLISHER: The Business Research Company | PRODUCT CODE: 1961673
Retail refers to the sale of goods in small quantities directly to end users. This involves the procurement of products from wholesalers or directly from producers, breaking bulk, displaying items for sale, either in physical stores or online, and occasionally providing delivery services.
The primary types of retail encompass a variety of sectors, including motor vehicle and parts dealers, food and beverage stores, gasoline stations, miscellaneous store retailers, cosmetics and personal care stores, clothing and clothing accessories stores, electronics and appliance stores, furniture and home furnishings stores, supermarkets and hypermarkets, convenience stores, mom-and-pop shops, department stores and other general merchandise stores, e-commerce, other non-store retailers, building materials and garden equipment and supplies dealers, pharmacies, healthcare stores, and sporting goods, hobby, musical instrument, and book stores. A bookstore, for instance, is a business location primarily dedicated to selling books.
Tariffs have influenced the retail market by increasing import costs for electronics, apparel, and consumer goods, creating higher prices for end consumers and affecting profit margins. Segments such as electronics and clothing stores are most affected, particularly in regions like North America and Europe, which rely heavily on imports. While tariffs pose challenges by raising operational costs, they also encourage local sourcing and domestic production, fostering regional supply chain resilience and innovation.
The retail market research report is one of a series of new reports from The Business Research Company that provides retail market statistics, including retail industry global market size, regional shares, competitors with a retail market share, detailed retail market segments, market trends and opportunities, and any further data you may need to thrive in the retail industry. This retail market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The retail market size has grown strongly in recent years. It will grow from $30623.01 billion in 2025 to $32907.66 billion in 2026 at a compound annual growth rate (CAGR) of 7.5%. The growth in the historic period can be attributed to growth of brick-and-mortar stores, increasing consumer spending, expansion of supermarket chains, rising demand for convenience stores, early adoption of e-commerce platforms.
The retail market size is expected to see strong growth in the next few years. It will grow to $44915.53 billion in 2030 at a compound annual growth rate (CAGR) of 8.1%. The growth in the forecast period can be attributed to rise of online shopping & e-commerce, adoption of AI-driven retail solutions, increasing smartphone penetration, demand for sustainable and ethical products, integration of AR/VR experiences in retail. Major trends in the forecast period include omnichannel retail integration, personalization & customer experience optimization, supply chain transparency & efficiency, contactless payments & digital wallet adoption, mobile commerce & social commerce growth.
The rising demand in the food and beverage sector is anticipated to drive the expansion of the retail industry in the coming years. Food and beverages encompass the preparation, distribution, and consumption of edible products and drinks. They enhance customer experiences, boost revenue, and help businesses remain competitive in a constantly evolving retail environment. For example, in March 2025, the Australian Bureau of Statistics, a national statistical agency, reported that approximately 15.3 million tonnes of food and non-alcoholic beverages were sold across supermarkets, grocery stores, convenience stores, and specialty food outlets in Australia during 2023-24, marking a 3.5% increase (510,500 tonnes) compared to 2022-23. Hence, the growing demand for food and beverages is contributing to the expansion of the retail industry.
Prominent companies in the retail market are prioritizing innovative retail services such as collect and receive to offer reliable services to their customers. The collect and receive retail delivery service is designed to provide flexibility, allowing customers to choose the most convenient delivery method based on their preferences and schedule. For example, in September 2023, Uber Technologies Inc., a US-based ride-sharing and transportation network company, and Oracle Corporation, a US-based technology company, launched the collect and receive service. This service integrates on-demand delivery with e-commerce, point-of-sale, procurement, customer relationship management, merchandising, inventory planning, distribution, and restocking systems. Uber and Oracle collaborate to enable the multitude of retailers and brands using Oracle retail apps to leverage the Uber Direct on-demand shipping platform, facilitating seamless product deliveries and returns.
In May 2025, Kingswood Capital Management, a US-based private equity and investment firm, along with Performance Investment Partners, a US-based investment firm, acquired The Vitamin Shoppe for around $193.5 million. Through this acquisition, the buyers aim to foster strategic growth by investing in omnichannel retail capabilities, strengthening digital marketing and e-commerce, and expanding the brand portfolio and customer engagement within the health and wellness sector. The Vitamin Shoppe is a US-based omnichannel specialty retailer offering a wide range of vitamins, minerals, sports nutrition products, specialty supplements, herbs, and wellness solutions through its physical stores and online platform.
Major companies operating in the retail market are Walmart Inc., Amazon.com, Inc., CVS Health Corporation, Costco Wholesale Corporation, Schwarz Group, The Kroger Company, Walgreens Boots Alliance, Inc., The Home Depot, Inc., Carrefour S.A., Target Corporation, Nice Tuan, Bianlifeng, Suning.com, Seven-Eleven, Lawson, Family Mart, Ministop, V-Mart Retail, Infiniti Retail Ltd, Uniqlo, Muji, JB Hi-Fi, Auchan Holding SA, SPAR, Tesco, Metro AG, Musgrave, Sainsbury's, Aldi GmbH & Co. KG, Co-operative Group Limited, McColl's, Wm Morrison Supermarkets plc, Waitrose & Partners, Groupe Casino, Marks and Spencer Group plc, Mercadona, Rewe Group, Asda Stores Ltd., X5 Retail Group, Magnit, Profi, Lenta, Dixy Group, Stokrotka Sp. z o.o., Perekrestok Express, O'Key Group, Globus, Zabka, Spolem, Groszek, Eurocash, Staples, Office Depot, Sportsman's Warehouse Holdings Inc., Empire Company Ltd., Yesway, Alimentation Couche-Tard, Casey's General Stores, Love's Travel Stops & Country Stores, Marathon Petroleum Corporation, Cencosud, Makro Atacadista S.A., LojasAmericanas, Grupo Pao de Acuca, RaizenConveniencias, Cia Brasileira de Distribuicao (GPA), Majid Al Futtaim, AlHokair Fashion Retail, Azadea Group, Savola, Almeera Group, Al Madina Group, Lulu, Al Tayer Group, Circle K, Choppies (South Africa), Massmart, Woolworths Holdings Limited, FreshStop, Pick n Pay, Shoprite, Freshzo Foods, Food Lover's
Asia-Pacific was the largest region in the retail market in 2025. North America was the second-largest region in the retail market. The regions covered in the retail market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The countries covered in the retail market report are China; India; Japan; Australia; Indonesia; South Korea; Bangladesh; Thailand; Vietnam; Malaysia; Singapore; Philippines; Hong Kong; Taiwan; New Zealand; UK; Germany; France; Italy; Spain; Austria; Belgium; Denmark; Finland; Ireland; Netherlands; Norway; Portugal; Sweden; Switzerland; Russia; Czech Republic; Poland; Romania; Ukraine; USA; Canada; Mexico; Brazil; Chile; Argentina; Colombia; Peru; Saudi Arabia; Israel; Iran; Turkey; UAE; Egypt; Nigeria; South Africa.
The retail market includes revenues earned by entities by providing retail services through supermarkets, convenience stores, specialty stores, department stores, and warehouses. The market value includes the value of related goods sold by the service provider or included within the service offering. The retail market also includes sales of food, hard or durable goods, soft goods and art goods. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Retail Market Global Report 2026 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses retail market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for retail ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The retail market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
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