New year, new updates! Our reports have been revised for market size, forecasts, and strategies to take on 2021 after the COVID-19 impact:
The Retail Global Market Report 2020-30 by The Business Research Company describes and explains the global Retail market and covers 2015 to 2020, termed the historic period, and 2020 to 2025, termed the forecast period, along with further forecasts for the period 2025-2030. The report evaluates the market across each region and for the major economies within each region.
The Retail Global Market Report 2021 covers Retail market drivers, Retail market trends, Retail market segments, Retail market growth rate, Retail market major players, and Retail market size.
The Retail market report provides an in-depth analysis of the impact of COVID-19 on the global Retail industry, along with revised market numbers due to the effects of the coronavirus and the expected Retail market growth numbers 2021-2030.
Retail Global Market Report 2021 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.
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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 report covers the Retail market’s segments-
1) 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.
2) By Ownership: Retail Chain, Independent Retailer.
Subsegments Covered: Auto Parts And Accessories, Automobile Dealers, Other Motor Vehicle Dealers, Specialty Food Stores, Beer, Wine & Liquor Stores, Diesel – Retail, Gases, Gasoline – Retail, Other Gasoline Stations Hair Care Stores, Skin Care Stores, Cosmetics Stores, Clothing/Apparel Stores, Jewelry & Watch Stores, Optical Goods Stores, Footwear Stores, Hardware Suppliers & Security Stores, Consumer Electronics Stores, Furniture Stores, Home Furnishings Stores, Supermarkets, Hypermarkets, Convenience Stores, Mom And Pop Stores, Department Stores, Other General Merchandise Stores, E-Commerce, Vending Machine Operators, Direct Selling Establishments, Building Material And Supplies Dealers, Lawn And Garden Equipment And Supplies Stores, Pharmacies And Drug Stores, Other Health And Personal Care Stores, Sporting Goods Stores, Hobby, Toy, And Game Stores, Musical Instrument And Supplies Stores, Other Sporting Goods, Hobby, Musical Instrument, And Book Stores.
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