Press release
Retail Market (2022-2031) Industry Trends, Share, Size, Growth, Opportunity, and Forecast
Retail Market
https://www.thebusinessresearchcompany.com/global-market-reports
The global retail market reached a value of nearly $20,331.1 billion in 2020, having increasing at a compound annual growth rate (CAGR) of 2.4% since 2015. The market is expected to grow at a CAGR of 7.7% from 2020 to reach $29,446.2 billion in 2025. The global retail market is expected to reach $39,933.3 billion in 2030, at a CAGR of 6.3%.
Rapid growth in technology is expected to drive market growth during the forecast period. Areas of particular development are likely to be POS (point-of-sale) technology, self-check out technology beacons, robotics, automation and augmented reality.
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The retail market is segmented -
•By Type: 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, Mom And Pop Stores, Department Stores & Other General Merchandise Stores, Ecommerce & Other Non-Store Retailers, Building Material And Garden Equipment And Supplies Dealers, Pharmacies And Healthcare Stores, Sporting Goods, Hobby, Musical Instrument, And Book Stores
•By Ownership: Retail Chain, Independent Retailer
Major competitors in the retail market include Walmart Inc., Amazon.com, Inc, CVS Health Corporation, Costco Wholesale Corporation, Schwarz Group
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The retail market consists of sales of goods to ultimate users by entities (organizations, sole traders and partnerships) that provide the service of making goods available in convenient quantities and locations. Retailing involves buying from wholesalers or direct from producers, breaking bulk, displaying goods for sale either physically or online, and sometimes delivery. Wholesalers are independent organizations in the distribution channel that buy in bulk and sell to resellers rather than to consumers. Retailers, wholesalers and manufacturers take ownership of the goods and so bear the risk of carrying inventory.
The Table Of Content For The Retail Market Include:
1. Retail Market Executive Summary
2. Report Structure
3. Introduction
4. Retail Market Characteristics
5. Market Definition
……
319. Nigeria Retail Market, Segmentation By Type, Historic And Forecast, 2015 - 2020, 2025F, 2030F, Value ($ Billion)
320. South Africa Retail Market
321. South Africa Retail Market, Historic Market Growth, 2015 - 2020, Value ($ Billion)
322. South Africa Retail Market, Forecast Market Growth, 2020 - 2025, 2030F, Value ($ Billion)
323. South Africa Retail Market
The Business Research Company's "Global Retail Opportunities And Strategies Market Report - Forecast To 2030" is the most comprehensive report available in market, providing data and statistics from over 60 geographies analyzed in more than 2500 market segments. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. Additionally, it evaluates the market's historic and projected growth and identifies significant trends and strategies that can be used to outperform the competitors in the sector.
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