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Global Retail Market Report 2023 | Market Size, Key Drivers And Top Trends | Walmart Inc., Sinopec Limited, Amazon.com Inc., PetroChina Company Limited, CVS Health Corporation
Retail Market Report
As per the retail market report by The Business Research Company, many retailers are adopting a robust and cohesive strategy for data analytics in management. This technology is being deployed to enhance supply chain efficiency, streamline operations to engage customers, and build loyalty. Data has become critical for most retail operations. With the rapid growth in retail data and the availability of technologies to analyze data, it will become easier for retailers to identify and meet the needs and expectations of their customers. This is expected to drive the market going forward.
The global retail market grew from $26,178.76 billion in 2022 to $28,344.51 billion in 2023 at a compound annual growth rate (CAGR) of 8.3%. The retail market is expected to grow to $37,665.83 billion in 2027 at a CAGR of 7.4%.
Read More On The Retail Market Report Here:
https://www.thebusinessresearchcompany.com/report/retail-global-market-report
Major competitors in the retail market include Walmart Inc., Sinopec Limited, Amazon.com Inc., PetroChina Company Limited, CVS Health Corporation, Costco Wholesale Corp, The Kroger Co, McKesson Corporation, Walgreens Boots Alliance Inc., and JD.com Inc.
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 And Other General Merchandise Stores, Ecommerce And 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
•By Distribution Channel: Supermarkets/Hypermarkets, Convenience Stores, Department Stores, Specialty Stores, Online, Other Distribution Channels
•By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the retail market.
Request A Free Sample Of The Retail Market Report Here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=1919&type=smp
Retail refers to selling goods in small quantities to the end users. Retailing involves buying from wholesalers or direct from producers, breaking bulk, displaying goods for sale either physically or online, and sometimes delivery.
The Table Of Content For The Retail Market Include:
1. Executive Summary
2. Report Structure
3. Retail Market Characteristics
4. Retail Market Product Analysis
5. Retail Market Supply Chain
……
19. Middle East Retail Market
20. Africa Retail Market
21. Retail Market Competitive Landscape
22. Key Mergers And Acquisitions In The Retail Market
23. Market Background: Retail And Wholesale Market
The "Global Retail Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.
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