DUBLIN--(BUSINESS WIRE)--The "Retail Global Market Report 2020-30: COVID- 19 Impact and Recovery" report has been added to ResearchAndMarkets.com's offering.
This report 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.
The global retail market is expected to decline from $21821.4 billion in 2019 to $21622.6 billion in 2020 at a compound annual growth rate (CAGR) of -1%. The decline is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and grow at a CAGR of 5% from 2021 and reach $25122.2 billion in 2023.
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- Benchmark performance against key competitors.
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The Asia Pacific was the largest region in the global retail market, accounting for 34% of the market in 2019. 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.
Innovations in automation technology are on the rise and retail stores are increasingly using in-store automation to streamline retail shopping. Automation in retail stores is aimed at automating store operations such as container movement, merchandise scanning, inventory checking, retrieving, packaging, and delivering products, and connecting with customers. Automation reduces waiting times, avoids stocking problems, enhances productivity, and increases overall customer experience. For instance, American retailer Lowe's has installed multi-lingual, autonomous customer assistance robots in 11 locations in San Francisco Bay area. Retailers are also focusing on using self-checkout stands for customers. Walmart has patented a system of self-driving shopping carts.
The retail market consists of sales of goods to ultimate users by entities (organizations, sole traders and partnerships) tha. 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.
Key Topics Covered:
1. Executive Summary
2. Report Structure
3. Retail Market Characteristics
3.1. Market Definition
3.2. Key Segmentations
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
5.3. 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. Retail Market Size And Growth
8.1. Market Size
8.2. Historic Market Growth, Value ($ Billion)
8.2.1. Drivers Of The Market
8.2.2. Restraints On The Market
8.3. Forecast Market Growth, Value ($ Billion)
8.3.1. Drivers Of The Market
8.3.2. Restraints On The Market
9. Retail Market Regional Analysis
9.1. Global Retail Market, 2019, By Region, Value ($ Billion)
9.2. Global Retail Market, 2015-2019, 2023F, 2025F, 2030F, Historic And Forecast, By Region
9.3. Global Retail Market, Growth And Market Share Comparison, By Region
10. Retail Market Segmentation
10.1. Global Retail Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
10.2. Global Retail Market, Segmentation By Ownership, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
11. Retail Market Segments
11.1. Global Motor Vehicle And Parts Dealers Market
11.2. Global Food And Beverage Stores Market
11.3. Global Gasoline Stations Market
11.4. Global Miscellaneous Store Retailers Market
11.5. Global Cosmetics And Personal Care Stores Market
11.6. Global Clothing And Clothing Accessories Stores Market
11.7. Global Electronics And Appliance Stores Market
11.8. Global Furniture And Home Furnishings Stores Market
11.9. Global Supermarkets And Hypermarkets Market
11.10. Global Convenience, Mom And Pop Stores Market
11.11. Global Department Stores & Other General Merchandise Stores Market
11.12. Global Ecommerce & Other Non-Store Retailers Market
11.13. Global Building Material and Garden Equipment and Supplies Dealers Market
11.14. Global Pharmacies and Healthcare Stores Market
11.15. Global Sporting Goods, Hobby, Musical Instrument
12. Retail Market Metrics
12.1. Retail Market Size, Percentage Of GDP, 2015-2023, Global
12.2. Per Capita Average Retail Market Expenditure, 2015-2023, Global
- Amazon Inc
- Home Depot
For more information about this report visit https://www.researchandmarkets.com/r/ij8vxj