Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 32 Trillion | USD 56.4 Trillion | 6.5% | 2023 |
FrequentlyAsked Questions
Retail is selling goods and services to individuals; wholesale is selling goods and services to companies or institutions.
The retail industry market is expanding due to several factors, such as the growing e-commerce sector, rising urbanization, growing disposable income of the population, and others.
According to the report, the global retail industry market size was worth around USD 32 trillion in 2023 and is predicted to grow to around USD 56.4 trillion by 2032.
The global retail industry market is expected to grow at a CAGR of 6.5% during the forecast period.
The global retail industry market growth is expected to be driven by the Asia Pacific. It is currently the world’s highest revenue-generating market due to the presence of major players and technological innovation.
The global retail industry market is dominated by players like Walmart Inc., Amazon Inc., Costco Wholesale Corporation, The Home Depot Inc., JD.com Inc., The Kroger Co., Walgreens Boots Alliance Inc., Alibaba Group Holding Limited, Target Corporation, and Lowe's Companies Inc., among others.
The retail industry market report covers the geographical market along with a comprehensive competitive landscape analysis. It also includes cash flow analysis, profit ratio analysis, market basket analysis, market attractiveness analysis, sentiment analysis, PESTLE analysis, trend analysis, SWOT analysis, trade area analysis, demand & supply analysis, Porter’s five forces analysis, and value chain analysis.
HappyClients
Zion Market Research
Tel: +1 (302) 444-0166
USA/Canada Toll Free No.+1 (855) 465-4651
3rd Floor,
Mrunal Paradise, Opp Maharaja Hotel,
Pimple Gurav, Pune 411061,
Maharashtra, India
Phone No +91 7768 006 007, +91 7768 006 008
US OFFICE NO +1 (302) 444-0166
US/CAN TOLL FREE +1 (855) 465-4651
Email: sales@zionmarketresearch.com
We have secured system to process your transaction.
Our support available to help you 24 hours a day, five days a week.
Monday - Friday: 9AM - 6PM
Saturday - Sunday: Closed