Dublin, Feb. 19, 2021 (GLOBE NEWSWIRE) -- The "Retail Global Market Report 2021: COVID-19 Impact and Recovery to 2030" report has been added to ResearchAndMarkets.com's offering.
Retail Global Market Report 2021: COVID-19 Impact and Recovery to 2030 provides the strategists, marketers and senior management with the critical information they need to assess the global retail market as it emerges from the COVID-19 shut down.
Major companies in the retail market include Wal-Mart; Costco; Kroger; Amazon Inc and Home Depot.
The global retail market is expected to grow from $20298.69 billion in 2020 to $22438.07 billion in 2021 at a compound annual growth rate (CAGR) of 10.5%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $29361.95 billion in 2025 at a CAGR of 7%.
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. Both retailers and wholesalers take ownership of the goods and so bear the risk of carrying inventory. They also reduce the total number of transactions required for the process of transferring goods from producers to consumers.
The retail market is segmented into 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 and sporting goods, hobby, musical instrument, and book stores.
Asia Pacific was the largest region in the global retail market, accounting for 35% of the market in 2020. North America was the second largest region accounting for 29% of the global retail market. Middle East was the smallest region in the global retail market.
The retail/e-commerce market is increasingly investing in drones to reduce delivery times and increase profitability. A drone is an unmanned aerial vehicle (UAV), that is remotely controlled or flies autonomously using software-controlled flight plans in their systems. Using a drone for delivery allows retailers to cut costs and help in providing customers with their products earlier than traditional delivery methods. For example, Amazon has been investing in its Prime Air deliveries via drones, which claims to complete the delivery within 30 minutes. Amazon has started delivery trials via drones in the UK, but is still waiting for regulatory approval in the US.
The outbreak of Coronavirus disease (COVID-19) has acted as a massive restraint on the retail market in 2020 as supply chains were disrupted due to trade restrictions and consumption declined due to lockdowns imposed by governments globally. COVID 19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty in breathing.
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 building loyalty, data has become critical for most retail operations. With the rapid growth in retail data and the availability of technologies to analyse data it will become easier for retails to identify and meet the needs and expectations of their customers , thus it is expected to drive the market going forward.
Key Topics Covered:
1. Executive Summary
2. Report Structure
3. Retail Market Characteristics
3.1. Market Definition
3.2. Key Segmentation
4. Retail Market Product Analysis
4.1. Leading Products/ Services
4.2. Key Features and Differentiators
4.3. Development Products
5. Retail Market Supply Chain
5.1. Supply Chain
5.2. Distribution
5.3. End Customers
6. Retail Market Customer Information
6.1. Customer Preferences
6.2. End Use Market Size and Growth
7. Retail Market Trends And Strategies
8. Impact Of COVID-19 On Retail
9. Retail Market Size And Growth
9.1. Market Size
9.2. Historic Market Growth, Value ($ Billion)
9.2.1. Drivers Of The Market
9.2.2. Restraints On The Market
9.3. Forecast Market Growth, Value ($ Billion)
9.3.1. Drivers Of The Market
9.3.2. Restraints On The Market
10. Retail Market Regional Analysis
10.1. Global Retail Market, 2020, By Region, Value ($ Billion)
10.2. Global Retail Market, 2015-2020, 2020-2025F, 2030F, Historic And Forecast, By Region
10.3. Global Retail Market, Growth And Market Share Comparison, By Region
11. Retail Market Segmentation
11.1. Global Retail Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
- 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
11.2. Global Retail Market, Segmentation By Ownership, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
- Retail Chain
- Independent Retailer
12. Retail Market Segments
12.1. Global Motor Vehicle And Parts Dealers Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion) - Auto Parts And Accessories; Automobile Dealers; Other Motor Vehicle Dealers
12.2. Global Food And Beverage Stores Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion) - Specialty Food Stores; Beer, Wine & Liquor Stores
12.3. Global Gasoline Stations Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion) - Diesel - Retail; Gases; Gasoline - Retail; Other Gasoline Stations
12.4. Global Miscellaneous Store Retailers Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion) -
12.5. Global Cosmetics And Personal Care Stores Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion) - Hair Care Stores; Skin Care Stores; Cosmetics Stores
12.6. Global Clothing And Clothing Accessories Stores Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion) - Clothing/Apparel Stores; Jewelry & Watch Stores; Optical Goods Stores; Footwear Stores
12.7. Global Electronics And Appliance Stores Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion) - Hardware Suppliers & Security Stores; Consumer Electronics Stores
12.8. Global Furniture And Home Furnishings Stores Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion) - Furniture Stores; Home Furnishings Stores
12.9. Global Supermarkets And Hypermarkets Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion) - Supermarkets; Hypermarkets
12.10. Global Convenience, Mom And Pop Stores Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion) - Convenience Stores; Mom And Pop Stores
12.11. Global Department Stores & Other General Merchandise Stores Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion) - Department Stores; Other General Merchandise Stores
12.12. Global Ecommerce & Other Non-Store Retailers Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion) - E-Commerce; Vending Machine Operators; Direct Selling Establishments
12.13. Global Building Material and Garden Equipment and Supplies Dealers Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion) - Building Material and Supplies Dealers; Lawn and Garden Equipment and Supplies Stores
12.14. Global Pharmacies and Healthcare Stores Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion) - Pharmacies and Drug Stores; Other Health and Personal Care Stores
12.15. Global Sporting Goods, Hobby, Musical Instrument, and Book Stores Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion) - Sporting Goods Stores; Hobby, Toy, and Game Stores; Musical Instrument and Supplies Stores; Other Sporting Goods, Hobby, Musical Instrument, and Book Stores
13. Retail Market Metrics
13.1. Retail Market Size, Percentage Of GDP, 2015-2025, Global
13.2. Per Capita Average Retail Market Expenditure, 2015-2025, Global
Companies Mentioned
- Wal-Mart
- Costco
- Kroger
- Amazon Inc
- Home Depot
For more information about this report visit https://www.researchandmarkets.com/r/89lr6z