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Global Retail Buildings Market Outlook 2025-2034: Trends, Innovations, And Future Outlook

04-23-2025 08:58 AM CET | Industry, Real Estate & Construction

Press release from: The Business Research Company

Retail Buildings

Retail Buildings

The Retail Buildings Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].

What Is the Expected Retail Buildings Market Size During the Forecast Period?
The market size of retail buildings has experienced consistent growth in the past few years. The projected growth is from $309.76 billion in 2024 to $319.35 billion in 2025, indicating a compound annual growth rate (CAGR) of 3.1%. The historical growth period saw influences from factors like economic progress and consumer expenditures, increase in urbanization and population concentration, shifts in consumer patterns and shopping preferences, trends in commercial real estate investment, and alterations in government regulations and zoning policies.

The market size for commercial retail properties is projected to experience a consistent increase in the upcoming years. The market is set to escalate to a whopping $365.25 billion by 2029, propelling at a compound annual growth rate (CAGR) of 3.4%. The augmentation during the forecast period can be credited to eco-friendly construction practices and green credentials, flexibility towards evolving work trends, multifunctional advancements and city revitalization, considerations for health and safety in architectural plans, and trends focusing on community and experience-driven retail. Major forthcoming trends encompass touch-free shopping and payment methods, amalgamation of social media and influencer promotion, individualization and customization in retail layout, hybrid retail arrangements, and community-orientated retail areas.

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What Are the Major Segments in the Retail Buildings Market?
The retail buildings market covered in this report is segmented -

1) By Type: Buildings Construction, Heavy And Civil Engineering Construction, Specialty Trade Contractors
2) By Materials: Aggregates, Bricks, Cement, Ceramic Facing And Floor Tiles, Composites, Glass, Other Materials
3) By Construction Type: New Construction, Renovation
4) By Application: Residential Buildings, Nonresidential Buildings

Subsegments:
1) By Buildings Construction: New Retail Construction, Renovation and Remodeling, Expansion Projects
2) By Heavy And Civil Engineering Construction: Site Development, Infrastructure Development, Land Preparation
3) By Specialty Trade Contractors: Electrical Contractors, Plumbing Contractors, HVAC Contractors, Finishing Contractors

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What Are The Driving Retail Buildings Market Evolution?
Anticipated growth in the worldwide commercial sector is poised to fuel the advancement of the retail buildings market. The commercial sector is characterized by enterprises' service offerings, government bodies at all levels, and a host of private and public entities which include religious, social, or fraternal groups. Retail establishments make up a part of this commercial sector. Thus, when the commercial sector grows, this leads to an increase in the construction of retail buildings. To illustrate, the UK Parliament reported in October 2024 that for the year 2023, the retail sector produced an economic output amounting to $144.01 billion, equating to 4.7% of the entire UK economy, and exhibiting a 2.2% growth since the previous year, 2022. This upward trend emphasizes the retail sector's crucial role in bolstering the economy, as well as its resilience and potential for continued expansion. Consequently, the retail buildings market is flourishing due to the global enlargement of the commercial sector.

Which Firms Dominate The Retail Buildings Market Segments?
Major companies operating in the retail buildings market include Retail Construction Services Inc., Actividades de Construcción y Servicios S.A., Bouygues S.A., Hochtief AG, Skanska AB, Vinci SA, Pacific Crest Engineering Inc., Kneeland Construction Corporation, Shannon Waltchack LLC, Bechtel Corporation, Fluor Corporation, Whiting Turner Construction Company, Turner Construction Company, Gilbane Building Company, Hensel Phelps Construction Co., Gensler, CallisonRTKL Inc., Kimley-Horn and Associates Inc., Nelson Worldwide LLC, Core States Group, Stantec Inc., NORR Limited, WD Partners Inc., RSP Architects Ltd., GreenbergFarrow, HKS Architects Inc., Perkins + Will Inc., HNTB Corporation, Ware Malcomb, MG2 Corporation, Eppstein Uhen Architects Inc., HMC Architects, Corgan Associates Inc., Hord Coplan Macht Inc., Hammel Green and Abrahamson

What Trends Are Expected to Dominate the Retail Buildings Market in the Next 5 Years?
Embracing new technology is an emerging trend in the retail buildings market, with main industry players concentrating on use of innovative technology to solidify their market presence. Take the case of Stereolabs Inc., a US-based organization providing 3D depth and motion sensing solutions via stereo vision and AI. This tech firm launched ZED-X in December 2022, being a pioneer in the world with its 3D robot camera integrated with new SDK and multi-camera control. Designed with robotic process automation, as well as indoor and outdoor navigation hurdles in mind, ZED-X utilizes and is backed by Stereolabs' extensive software environment. This prompts swift commercial deployment of robots within the construction sector.

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https://www.thebusinessresearchcompany.com/report/retail-buildings-global-market-report

Which Is The Largest Region In The Retail Buildings Market?
Asia-Pacific was the largest region in the retail buildings market in 2024. North America is expected to be the retail buildings market report fastest-growing region in the forecast period. The regions covered in the retail buildings market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Retail Buildings Market?
2. What is the CAGR expected in the Retail Buildings Market?
3. What Are the Key Innovations Transforming the Retail Buildings Industry?
4. Which Region Is Leading the Retail Buildings Market?

Why This Report Matters:

Competitive overview: This report analyzes the competitive landscape of the 3D imaging software market, evaluating key players on market share, revenue, and growth factors.

Informed Decisions: Understand key strategies related to products, segmentation, and industry trends.

Efficient Research: Quickly identify market growth, leading players, and major segments.

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Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info

Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.

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