Retail Sales in the United Kingdom increased 0.90 percent in June of 2025 over the previous month. This dataset provides the latest reported value for - United Kingdom Retail Sales MoM - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

In March 2025, the value of internet sales as a percentage of total retail sales in Great Britain amounted to 26.3 percent. This was a slight increase compared with the previous month, when online retail sales accounted for 25.9 percent of total retail sales.

In 2020, the e-commerce sales reached a share of **** percent of all retail sales in the Untied Kingdom (UK). For 2025, the forecasted retail e-commerce sales as a share of total retail sales in the UK might reach **** percent, up from the previous years.

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UK Grocery Retail Market Size 2025-2029

The UK grocery retail market size is forecast to increase by USD 56.2 billion at a CAGR of 3.8% between 2024 and 2029.

The UK Grocery Retail Market is segmented by product (food and beverages, non food), distribution channel (hypermarkets and supermarkets, convenience stores, discount stores, online, others), sales channel (in-store, online delivery, click-and-collect), consumer segment (urban consumers, rural consumers, premium shoppers), product types (fresh produce, packaged foods, household goods, health and beauty), and geography (Europe: UK). This segmentation reflects the market's diversity, driven by increasing demand for Fresh Produce and Health and Beauty products, growing Online and Click-and-Collect channels in urban areas, and a mix of Hypermarkets and Discount Stores catering to both Premium Shoppers and Rural Consumers across the UK.
The Grocery Retail Market in the UK is witnessing significant growth, driven by the trend of rapid urbanization and the resulting increase in consumer spending. These trends are driving the industry to innovate and offer more personalized shopping experiences through unique store layouts and expanded product offerings such as online grocery delivery services.
However, the market faces challenges, including the threat from counterfeit grocery products or instant grocery, which can negatively impact consumer trust and brand reputation. Retailers must prioritize measures to ensure product authenticity and maintain transparency with customers to mitigate these risks.
Navigating this complex landscape requires a strategic approach, with a focus on building strong relationships with suppliers, implementing effective pricing strategies, and leveraging technology to enhance operational efficiency and customer engagement. Companies that can successfully address these challenges while capitalizing on the market's growth opportunities will be well-positioned for success in the dynamic and competitive Grocery Retail Market in the UK.

What will be the size of the UK Grocery Retail Market during the forecast period?

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In the dynamic UK grocery retail market, sustainability practices are increasingly shaping consumer behavior. Retailers are adopting store designs that prioritize energy efficiency and waste reduction. Customer experience is a key differentiator, with retailers investing in promotion optimization, loyalty programs, and personalized marketing. Consumer trends towards healthier eating and convenience drive product assortment decisions. Retail management focuses on supply chain optimization, retail analytics, and category management to meet demand. Grocery technology, including digital marketing, e-commerce logistics, and inventory control, is transforming food retailing.
Store formats are evolving to include omnichannel retail and demand forecasting to better serve customers. Brand management and social media marketing are essential for building customer loyalty and engagement. Shelf space optimization and category management are crucial for maximizing sales and profitability.

How is this market segmented?

The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Product

  Food and beverages
  Non food


Distribution Channel

  Hypermarkets and supermarkets
  Convenience stores
  Discount stores
  Online
  Others


Sales Channel

  In-Store
  Online Delivery
  Click-and-Collect


Consumer Segment

  Urban Consumers
  Rural Consumers
  Premium Shoppers


Product Types

  Fresh Produce
  Packaged Foods
  Household Goods
  Health and Beauty


Geography

  Europe

    UK

By Product Insights

The food and beverages segment is estimated to witness significant growth during the forecast period.

In the dynamic grocery retail market, various entities shape the industry landscape. Hygiene standards are prioritized to ensure food safety, while value products cater to consumers' increasing demand for affordability. Warehouse management systems streamline operations, and seasonal produce offers freshness and variety. Free-from products, such as gluten-free and vegan, cater to diverse dietary needs. Self-checkout kiosks enhance the shopping experience, and convenience stores cater to on-the-go consumers. Dairy products, canned goods, and dietary supplements are essential staples, while premium and private label brands differentiate offerings. Meat products, dairy, and bakery items are popular, with sales forecasting and local sourcing ensuring freshness and availability.

Sales in the household goods segment

In 2023, e-commerce sales in the United Kingdom had a growth of *** percent, much higher than the negative *** percent seen in the previous year. In 2028, e-commerce sales are expected to grow by *** percent.

In the United Kingdom, retail sales tend to peak during the last month of the year, holiday shopping being the likeliest culprit. In December 2024, the sales value of retailing in the UK amounted to approximately 60 billion British pounds. Retail turnover on the climb Running parallel to this, the turnover of retail trade in the UK made significant strides. Over the past 10 years, UK retail businesses consistently generated improved turnover figures, reaching almost 500 billion British pounds by 2022. Online is driving retail With the increased penetration of online shopping in consumer lives, business strategies of retailers are changing. While online marketplaces are becoming regular staples of everyday life, high street retailers too are setting up online businesses to support their store sales. In the UK, the share of online sales in all retailing increased to over 26 percent by the end of 2024.

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E-Commerce Retail Market Size 2025-2029

The e-commerce retail market size is forecast to increase by USD 4,833.5 billion at a CAGR of 12% between 2024 and 2029.

The market is experiencing significant growth, driven by the advent of personalized shopping experiences. Consumers increasingly expect tailored recommendations and seamless interactions, leading retailers to integrate advanced technologies such as Artificial Intelligence (AI) to enhance the shopping journey. However, this market is not without challenges. Strict regulatory policies related to compliance and customer protection pose obstacles for retailers, requiring continuous investment in technology and resources to ensure adherence.
Retailers must navigate these challenges to effectively capitalize on the market's potential and deliver value to customers. By focusing on personalization and regulatory compliance, e-commerce retailers can differentiate themselves, build customer loyalty, and ultimately thrive in this dynamic market. Balancing the need for innovation with regulatory requirements is a delicate task, necessitating strategic planning and operational agility. Fraud prevention and customer retention are crucial aspects of e-commerce, with payment gateways ensuring secure transactions.

What will be the Size of the E-Commerce Retail Market during the forecast period?

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In the dynamic market, shopping carts and checkout processes streamline transactions, while sales forecasting and marketing automation help businesses anticipate consumer demand and optimize promotions. SMS marketing and targeted advertising reach customers effectively, driving sales growth. Warranty claims and customer support chatbots ensure post-purchase satisfaction, bolstering customer loyalty. Retail technology advances, including sustainable packaging, green logistics, and mobile optimization, cater to environmentally-conscious consumers. Legal compliance, data encryption, and fraud detection safeguard businesses and consumer trust. Product reviews, search functionality, and personalized recommendations enhance the shopping experience, fostering customer engagement.
Dynamic pricing and delivery networks adapt to market fluctuations and consumer preferences, respectively. E-commerce software integrates various functionalities, from circular economy initiatives and website accessibility to email automation and real-time order tracking. Overall, the e-commerce landscape continues to evolve, with businesses adopting innovative strategies to meet the needs of diverse customer segments and stay competitive.

How is this E-Commerce Retail Industry segmented?

The e-commerce retail industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Product

  Apparel and accessories
  Groceries
  Footwear
  Personal and beauty care
  Others


Modality

  Business to business (B2B)
  Business to consumer (B2C)
  Consumer to consumer (C2C)


Device

  Mobile
  Desktop


Geography

  North America

    US
    Canada


  Europe

    France
    Germany
    Italy
    UK


  APAC

    China
    India
    Japan
    South Korea


  Rest of World (ROW)

By Product Insights

The apparel and accessories segment is estimated to witness significant growth during the forecast period. The market for apparel and accessories is experiencing significant growth, fueled by several key trends. Increasing consumer affluence and a shift toward premiumization are driving this expansion, with the organized retail sector seeing particular growth. Influenced by social media trends, the Gen Z demographic is a major contributor to this rise in online shopping. This demographic is known for their preference for the latest fashion trends and their willingness to invest in premium products, making them a valuable market segment. Machine learning and artificial intelligence are increasingly being used for returns management and personalized recommendations, enhancing the customer experience.

Ethical sourcing and supply chain optimization are also essential, as consumers demand transparency and sustainability. Cybersecurity threats continue to pose challenges, requiring robust strategies and technologies. B2C and C2C e-commerce are thriving, with influencer marketing and e-commerce analytics playing significant roles. Customer reviews are essential for building trust and brand loyalty, while reputation management and affiliate marketing help expand reach. Sustainable e-commerce and b2b e-commerce are also gaining traction, with third-party logistics and social commerce offering new opportunitie

Over the five years through 2024-25, toy retailers' revenue is set to inch downwards at a compound annual rate of 2.7% to £1.8 billion. In recent years, toy retailers have faced significant challenges, with renowned retailers like Toys "R" Us and Mothercare exiting the market (in 2018 and 2019, respectively) thanks to intense competition from supermarkets, online-only retailers and video games (which pull away children's attention). At the same time, profit has been eroded by high competition. With major retailers shutting up shop, the market became more concentrated, allowing the remaining big-name retailers (like Smyths) to strengthen their positions by capitalising on the void left by former rivals. Other challenges – like rising inflationary pressures and the high cost of importing goods, especially from China – have eaten away at retailers’ returns. In 2024-25, revenue is forecast to climb by 4%, mostly driven by an ongoing shift in children’s behaviour. Kids today are increasingly watching YouTube videos that review toys, helping to form their tastes and preferences and ultimately encouraging sales for toy retailers. However, inflationary pressures continue to weigh on parents’ disposable incomes, limiting sales growth. Over the five years through 2029-30, the Toy Retailing industry's revenue is anticipated to swell at a compound annual rate of 4.1% to reach £2.2 billion. Competition from big-box stores (like Argos) and online-only retailers (like Amazon) will remain intense, potentially pushing smaller toy retailers to the brink. With IT and telecommunications adoption set to continue creeping upwards, more people will opt to shop online, where they can conveniently compare products and prices. To maintain sales, traditional toy stores will adjust their offerings to include exclusive products, as well as embrace online distribution channels and in-store experiences to gain exposure. The delicate balance between low prices and profitability will remain.

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Digital Retailing Market Size 2024-2028

The digital retailing market size is forecast to increase by USD 1879.8 billion, at a CAGR of 36.5% between 2023 and 2028.

The market is experiencing exponential growth, driven by the increasing preference for social media as a retail advertising channel. This trend is reshaping consumer behavior, as more individuals turn to digital platforms for e-shopping and brand engagement. Another key factor fueling market expansion is the shift from traditional to digital retailing, as businesses recognize the benefits of reaching customers through online channels. However, this dynamic market presents challenges for retailers. The requirement for a skilled workforce, capable of managing digital marketing campaigns and providing excellent customer service, poses a significant hurdle. Retailers must invest in training and recruitment to stay competitive and meet evolving consumer expectations.
In summary, the market is characterized by robust growth, driven by consumer preferences for social media and digital channels. However, the need for a skilled workforce presents a significant challenge that retailers must address to capitalize on market opportunities and navigate this competitive landscape.

What will be the Size of the Digital Retailing Market during the forecast period?

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The market continues to evolve, with dynamic market activities shaping the industry's landscape. Online marketplaces are no longer just platforms for buying and selling; they have become integral components of omnichannel strategies, offering seamless user experiences (UX) and conversational commerce through live chat support and AI-driven recommendation engines. Last-mile delivery and inventory management are being optimized through advanced data analytics and real-time tracking, ensuring efficient order fulfillment and timely delivery. Mobile shopping apps and user interfaces (UI) are prioritized, enabling a mobile-first approach and catering to the growing preference for on-the-go shopping. Content marketing, data privacy, and e-commerce security are crucial aspects, with businesses employing various promotional strategies to engage customers and build brand loyalty through loyalty programs, influencer marketing, and customer reviews.

International shipping and cross-border e-commerce are expanding, fueled by global logistics and supply chain management solutions. E-commerce platforms are integrating advanced technologies like big data, machine learning (ML), and cloud computing to improve demand planning, sales forecasting, and pricing strategies. Mobile payments, voice commerce, and virtual and augmented reality (VR) are transforming the shopping experience, offering new opportunities for businesses to engage customers. Fraud prevention, payment gateways, and subscription models are essential components, ensuring secure and convenient transactions. Omnichannel retailing, pricing strategies, and blockchain technology are shaping the future of digital retailing, offering endless possibilities for businesses to adapt and thrive in this ever-evolving market.

How is this Digital Retailing Industry segmented?

The digital retailing industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

Type

  Search ads
  Display ads
  Social media
  E-mail marketing
  Others


Platform

  Mobile devices
  Desktops


End-User

  Retail
  E-Commerce
  Consumer Goods


Geography

  North America

    US


  Europe

    Germany
    UK


  APAC

    China
    Japan


  Rest of World (ROW)

By Type Insights

The search ads segment is estimated to witness significant growth during the forecast period.

The digital retail market is experiencing significant growth, with search ads emerging as a popular marketing segment. This form of marketing targets consumers based on their search queries and browsing history, resulting in higher conversion rates. The e-commerce sector's expansion, reaching beyond metropolitan areas to include tier-two and tier-three cities, is a primary driver for search ads. E-commerce's increasing penetration into various sectors, such as groceries and electronics, has made it an indispensable part of consumers' online shopping experiences. User interfaces, digital storefronts, and omnichannel strategies are essential components of digital retailing. Conversational commerce, augmented reality, and virtual reality are transforming the shopping experience, while e-commerce security, price optimization, and data privacy are critical concerns.

Cloud computing, big data, and machine l

The Thai retail market recorded a CAGR of 3.2% over the past five years despite economy slowdown and political instability. It is expected to grow at a CAGR of 3.7% in 2015-2020 driven by increasing consumer spending, rising tourism, and a growing middle-income population. In addition, the Thai government has included boosting consumer spending among its main economic policies will support the growth retail market in the country. On the other hand, growing internet and smartphone penetration coupled with high interests among the youngsters to shop online is expected to fuel the retail sales through online channel. Rising international tourist arrivals will ensure a good platform for duty free operators. To capitalize on this opportunity duty free retailers are opening downtown duty free stores across popular tourist destinations such as Bangkok and Phuket. Read More

Online small electrical appliance retailers have outperformed their bricks-and-mortar counterparts over the past few years. High internet penetration (92% in 2023, according to the Office for National Statistics) and the growth of internet-enabled devices in the UK have changed consumers' online spending habits , driving up online sales. The increased security of online payment systems has also helped reassure consumers that it’s safe to buy online, increasing online retailers' market share. At the same time, the ease and simplicity of online shopping has increased older consumers' willingness to purchase household appliances online. Over the five years through 2024-25, revenue is expected to edge up at a compound annual rate of 0.1% to reach £396.8 million, owing mostly to a dip in revenue in 2022-23 as the cost of living crisis squeezed Britons’ budgets and ability to spend on small electrical appliances. The pandemic expedited changes to consumer lifestyles, driving a sharp uptake in home coffee consumption and at-home cooking, as well as offering a significant boost to online retail as a share of retail sales. In 2024-25 industry revenue is set to hike by 2.9%, with profit forecast to inch up to 7.7% of revenue owing to easing inflation and mounting demand for kitchen gadgets and small electrical grooming tools, in line growing health consciousness and attention to personal style and appearance. Despite the overall positive trends, the industry continues to contend with numerous challenges, including high inflation and fierce competition, both within the industry and from other retailers like department stores and specialised stores. Increased online activity and the growing popularity of online shopping are expected to drive further growth in the Online Small Electrical Appliance Retailers industry in the coming years. Revenue is slated to swell at a compound annual rate of 3% over the five years through 2029-30 to reach £460.3 million. The continued shift towards online retailing and away from in-store shopping is expected to be the main driver of growth, as well as the introduction of new products. However, online retailers are expected to continue to face some challenges in the short term, including logistical issues, an increased focus on reducing waste and stiff competition.

UK department stores face mounting pressure amid weak household incomes, high inflation, and shifting consumer habits. Sales of luxury goods have declined as middle-income shoppers rein in discretionary spending, while the loss of tax-free shopping for tourists has dented international sales. High-profile closures highlight sector fragility. However, innovation is driving survival. Retailers like M&S and John Lewis are thriving by offering high-quality and affordable goods. The rise of eco-conscious consumers is pushing stores to embrace sustainability through resale, rental, and repair services. Beauty departments have benefited from the “lipstick effect,” with prestige fragrance sales soaring despite broader spending cutbacks. Independent department stores are enjoying a revival, capitalising on strong community ties and unique, experience-led offerings. The sector’s future hinges on blending heritage with modern convenience, sustainability, and experiential value to attract the next generation of UK shoppers. Over the five years through 2024-25, department stores' revenue is forecast to drop at a compound annual rate of 5.7% to £31.6 billion, including a 0.9% dip in 2024-25. Over the five years through 2029-30, department stores' revenue is forecast to grow at a compound annual rate of 2.1% to reach £42.6 billion. UK department stores face rising cost pressures, with the April 2025 National Living Wage increase and higher National Insurance contributions squeezing margins. Some, like M&S and John Lewis, aim to absorb these costs through supply chain efficiencies rather than raising prices, but many retailers may resort to staff cuts or automation. Online rivals continue to dominate, forcing department stores to upgrade digital experiences. Cart abandonment, delivery delays, and forced account creation remain key friction points. To compete, retailers are investing in loyalty schemes and personalisation, with experiential rewards and tailored promotions proving effective. Physical stores remain vital—especially for shoppers who value experience. Successful department stores now focus on immersive, multi-channel strategies, blending heritage, innovation, and convenience to retain relevance in a fast-changing retail landscape.

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Retail E-Commerce Software Market 2024-2028 :

The Retail E-Commerce Software Market size is forecast to increase by USD 4.17 billion, at a CAGR of 11.22% between 2023 and 2028. The growth rate of the market depends on several factors, including the rise in international retailing, the advent of omnichannel retailing, and the growth of the e-commerce industry. Retail e-commerce software refers to a specialized application or platform designed to facilitate and optimize online transactions for retail businesses. It enables merchants to create and manage digital storefronts, process customer orders, manage inventory, and securely handle payments. This software typically includes features such as product catalog management, online shopping cart functionality, secure payment gateways, order fulfillment and tracking, and customer relationship management tools. With its user-friendly interface and robust functionality, retail e-commerce software allows businesses to establish and grow their online presence, reach a wider customer base, enhance customer experience, and ultimately drive sales in the digital marketplace.

The report offers extensive research analysis on the market, with a categorization based on Application, including apparel and accessories, grocery, footwear, personal and beauty care, and others. It further segments the market by Product, encompassing cloud-based and on-premises. Additionally, the report provides Region segmentation, covering APAC, Europe, North America, the Middle East and Africa, and South America. Market size, historical data (2018-2022), and future projections are presented in terms of value (in USD billion) for all the mentioned segments.

What will be the Size of the Market During the Forecast Period?

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Market Overview

Market Growth Analysis Driver

One of the key factors driving the market growth is the rise in international retailing. International retailing comprises the cross-border transfer of retail technology, management skills, and buying functions. In addition, with the availability of new market opportunities and increasing globalization, the global market is witnessing intense competition among international retailers that are setting up new outlets in emerging markets including the developing countries of APAC.

Moreover, the rising penetration of the Internet has increased e-commerce and trade opportunities for international retailers. In addition, global grocery retailers and international fashion brands enable the sales and purchase of their goods and services across international borders to expand their businesses. This trend is particularly evident in the Qatar e-commerce market, where the adoption of online shopping platforms has surged, offering consumers access to a wide range of products from global brands. Furthermore, international retailing in Qatar supports economic growth through increased tax revenues generated from import and export activities. As a result, these factors collectively drive growth in the Qatar e-commerce market during the forecast period, fostering a competitive retail environment and enhancing consumer choice and convenience.

Market Growth and Trends

A key factor shaping the market growth is the evolving role of social media in e-commerce. The number of social shoppers is increasing at a significant rate. In addition, since Facebook and Instagram Checkout included the Buy option, social media has been a major factor in the expansion of the e-commerce sector. Therefore, this is a great opportunity for brands to focus on improving their position on social media, which is a great platform for brands to be discovered.

Moreover, as consumers are spending more time on various social media platforms, e-commerce companies can benefit from the assistance of Instagram influencers to boost their chances of being found by their intended audience. In addition, companies may effortlessly connect their online storefronts with social media websites through retail e-commerce software systems like Shopify, enabling customers to make purchases from them directly through these channels. Hence, such factors are driving the market growth during the forecast period.

Market Restrain

Threats from open-source software are one of the key challenges hindering the market growth. The availability of open-source retail e-commerce software can negatively impact the market. In addition, this type of software is becoming popular in developing economies, such as India and China, as it can be downloaded and run on all platforms.

Moreover, cloud-based retail e-commerce software is more affordable than on-premises. In addition, the use of open-source retail e-commerce software involves low upfront costs for enterprises and provides them with high flexibility. Therefore, small-sized and individual retailers prefer using

Rising penetration of 5G-enabled mobile devices, competitive prices and a convenient shopping experience drive revenue growth in the Online Household Furniture Retail industry. Over the five years through 2024-25, revenue is forecast to grow at a compound annual rate of 5.1% to reach £3.6 billion, including growth of 3.8% in 2024-25. The COVID-19 pandemic sparked a surge in online shopping as non-essential retail businesses closed temporarily, and people were ordered to stay at home. As people had more spare time, many homeowners purchased furniture to revamp their homes, supporting a sharp uptick in revenue during lockdown periods. Following the pandemic, the cost-of-living crisis has applied the brakes to online furniture retailers’ revenue growth as customers have become increasingly cost-conscious. Sky-high borrowing costs have also deterred property transactions, putting a plug in furniture sales to new homeowners. Retailers have responded to the strong economic headwinds by adapting their product mix and marketing campaigns to target more affluent individuals less exposed to inflationary pressures. Demand for premium furniture remains robust in this market, while sales of upcycled and sustainable furniture are booming, helping to keep revenue moving in the right direction. Profit has also benefitted from rising high-margin premium product sales. Over the five years through 2029-30, online furniture retailers’ revenue is anticipated to grow at a compound annual rate of 4.2% to reach £4.4 billion. Interest in circular household fashion trends will remain entrenched, with upcycled furniture likely to remain a high-growth area. Online-only retailers face a growing threat from omnichannel retailers, with the online marketplace becoming increasingly saturated. Integration of augmented reality and virtual reality technologies, like virtual showrooms and furniture overlays onto a smartphone, will be crucial for online-only retailers to compete with omnichannel-boasting retailers.

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Artificial Intelligence (AI) Market In Retail Sector Size 2024-2028

The artificial intelligence (ai) market in retail sector size is forecast to increase by USD 42.22 billion, at a CAGR of 42% between 2023 and 2028.

The Artificial Intelligence (AI) market in retail is experiencing significant growth, fueled by escalating investments and research and development in AI startups. This trend is driven by the increasing adoption of AI technologies in various retail applications, particularly in e-commerce, where AI is being used for personalized product recommendations, fraud detection, and customer service. However, the deployment of AI in retail comes with challenges. One of the most pressing issues is privacy concerns. Retailers must address these challenges by implementing robust data security measures and transparent communication with customers regarding the collection and use of their data.
Effective management of these challenges will enable retailers to capitalize on the vast opportunities presented by AI, enhancing customer experiences, improving operational efficiency, and driving innovation in the retail sector.

What will be the Size of the Artificial Intelligence (AI) Market In Retail Sector during the forecast period?

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The retail sector continues to witness the integration of artificial intelligence (AI) technologies, revolutionizing various aspects of business operations. From promotion optimization to customer service automation, AI applications span across numerous retail functions. Image recognition and machine learning algorithms enhance operational efficiency by automating tasks such as inventory management and data mining. Sales forecasting and demand prediction are further advanced through AI-powered recommendations and real-time analytics. Facial recognition and customer segmentation enable personalized shopping experiences, while virtual assistants and recommendation systems streamline the customer journey. AI's role extends to supply chain management, cost reduction, and targeted advertising through retail analytics and predictive analytics.

Moreover, AI's integration into omni-channel retail enhances conversion rates, customer satisfaction, and loyalty programs. Automated checkout and process automation contribute to efficiency gains, while deep learning and marketing automation optimize pricing and UX. Data security and decision support systems ensure data-driven insights for business intelligence and sentiment analysis. Fraud detection and predictive modeling further strengthen retail operations, with smart shelves and business intelligence systems providing valuable insights for retailers. AI's continuous evolution in the retail sector is transforming the industry, offering endless opportunities for innovation and growth.

How is this Artificial Intelligence (AI) In Retail Sector Industry segmented?

The artificial intelligence (ai) in retail sector industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

Application

  Sales and marketing
  In-store
  PPP
  Logistics management


Geography

  North America

    US
    Canada


  Europe

    UK


  APAC

    China
    Japan


  Rest of World (ROW)

By Application Insights

The sales and marketing segment is estimated to witness significant growth during the forecast period.

In the retail sector, artificial intelligence (AI) is revolutionizing sales and marketing functions. Customer Relationship Management (CRM) strategies are enhanced through AI, allowing businesses to understand customer interaction histories and tailor sales efforts accordingly. Operational efficiency is a priority, with AI-based chatbots and virtual assistants driving customer engagement and freeing up human resources. Machine learning algorithms, image recognition, and predictive analytics are key technologies, powering personalized shopping experiences, targeted advertising, and real-time inventory management. Cloud computing enables seamless data access for AI applications, from demand forecasting to sentiment analysis and fraud detection. AI-powered recommendation systems and supply chain management optimize sales conversion and reduce costs.

Businesses are embracing omni-channel retail, integrating AI into various touchpoints, from mobile commerce to in-store analytics. Deep learning and computer vision technologies further enhance the customer experience, with applications in price optimization, shelf optimization, and predictive modeling. Data security and decision support systems are essential considerations, ensuring customer satisfactio

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Do-It-Yourself (DIY) Home Improvement Retailing Market Size and Forecast 2025-2029

The DIY home improvement retailing market size estimates the market to reach by USD 244.1 billion, at a CAGR of 5.2% between 2024 and 2029. North America is expected to account for 40% of the growth contribution to the global market during this period. In 2019 the lumber and landscape management segment was valued at USD 155.90 billion and has demonstrated steady growth since then.

    Report Coverage


    Details




    Base year


    2024




    Historic period

    2019-2023



    Forecast period


    2025-2029



    Market structure
    Fragmented



    Market growth 2025-2029


    USD 244.1 billion






The DIY home improvement retailing market is experiencing significant shifts, driven by the growing trend towards personalized interior designing and the increasing adoption of augmented reality (AR) applications for home improvement projects. These trends reflect consumers' evolving preferences, with an increasing number seeking professional assistance for Do-It-For-Me (DIFM) services while maintaining a DIY culture. The rise of DIY home improvement projects focused on personalized interior designing presents a substantial growth opportunity for retailers. Consumers are increasingly seeking unique and customized home solutions, driving demand for specialized products and services. This trend is further fueled by the availability of various online resources and platforms that offer design inspiration and tutorials.
However, the market faces challenges as well. The shift from DIY to DIFM is a significant obstacle for retailers relying heavily on DIY sales. Additionally, the increasing popularity of AR applications for home improvement projects may disrupt traditional retail models, requiring companies to adapt and innovate to remain competitive. Retailers must capitalize on these trends while navigating these challenges to effectively cater to evolving consumer preferences and stay ahead in the market.

What will be the Size of the Do-It-Yourself (DIY) Home Improvement Retailing Market during the forecast period?

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The DIY home improvement retailing market continues to evolve, driven by shifting consumer preferences and advancements in technology. Profit margin calculation remains a critical aspect of business operations, as retailers strive to maintain competitive pricing analysis in the face of increasing customer experience metrics. Visual merchandising techniques and store layout optimization are essential in creating an inviting in-store experience, while inventory management systems enable efficient sales forecasting models. Security systems retail and point-of-sale systems ensure loss prevention strategies, providing peace of mind for both retailers and customers. Product assortment planning and mobile commerce adoption cater to the growing demand for online home improvement solutions.

Data analytics dashboards and fraud detection systems facilitate informed decision-making, while omnichannel retail strategies and home improvement tools cater to diverse customer needs. Digital marketing strategies and customer loyalty programs enhance retail sales channels, fostering long-term relationships. Supply chain visibility, warehouse management systems, and market basket analysis contribute to supply chain optimization, ensuring a steady flow of DIY project supplies. Promotional campaign effectiveness and customer satisfaction surveys provide valuable insights into pricing strategies retail, allowing for continuous improvement. Industry growth in the DIY home improvement sector is projected to reach 3.5% annually, underscoring its ongoing significance in the retail landscape. For instance, a leading retailer experienced a 15% increase in sales by optimizing their product assortment planning and implementing an effective online presence.

How is this Do-It-Yourself (DIY) Home Improvement Retailing Industry segmented?

The do-it-yourself (diy) home improvement retailing industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Product

  Lumber and landscape management
  Tools and hardware
  Decor and indoor garden
  Kitchen
  Others


Distribution Channel

  Offline
  Online


Application

  Home Improvement
  Crafts


End-User

  Homeowners
  DIY Enthusiasts


Geography

  North America

    US
    Canada


  Europe

    France
    Germany
    Italy
    Spain
    UK


  Middle East and Africa

    UAE


  APAC

    China
    India
    Japan
    South Korea


  South America

    Brazil


  Rest of World (ROW)

By Product Insights

The lu

The size of the UK E-Commerce Industry market was valued at USD XXX Million in 2023 and is projected to reach USD XXX Million by 2032, with an expected CAGR of 21.76% during the forecast period.E-commerce stands for electronic commerce. This is the buying and selling of products and services online. It includes various things, such as shopping and online marketplaces, online banking, and digital ticketing.There has been active growth of e-commerce in the UK, with most retail sales taking place online. This is now more convenient and accessible to consumers than other means of shopping since they are able to access and make purchases from their homes. It is on such bases that e-commerce websites have gained the forefront in fuelling growth within the overall industry. Local and international retailers also diversify through products and services.This has managed to see the e-commerce sector in the UK stronger as it provides a better trust to consumers who will want to use internet-based transactions as well as more internet penetration in the population at large.Actually, further innovations within the areas of mobile commerce, augmented reality shopping, and artificial intelligence-enabled personalized recommendations will push e-commerce to newer heights in the UK with further technological advancement. Recent developments include: July 2023 - Amazon has said that it invested more than 4.2 billion pounds (USD 5.4 billion) in the U.K. creative industries since 2010, spending that it claims has contributed some 4.8 billion pounds (USD 6.1 billion) of gross value. As part of its ongoing investment, the company has also announced support for more than 100 new apprenticeships in organizations.. Key drivers for this market are: Increase developments of 5G Technology, Increased Adoption of Online Payments. Potential restraints include: Privacy and security concerns. Notable trends are: The increasing ease of using alternative payment methods will propel the market.

Goals :

1. Sales Analysis:

Sales data forms the backbone of this dataset, and it allows users to delve into various aspects of sales performance.

2. Product Analysis:

Each product in this dataset comes with its unique identifier (StockCode) and its name (Description).

3. Customer Segmentation:

If you associated specific business logic onto the transactions (such as calculating total amounts), then you could use standard machine learning methods or even RFM (Recency, Frequency, Monetary) segmentation techniques combining it with 'CustomerID' for your customer base to understand customer behavior better.

4. Geographical Analysis:

The Country column enables analysts to study purchase patterns across different geographical locations.

5. Sales Performance Dashboard:

To track the sales performance of the online retail company, a sales performance dashboard can be created. This dashboard can include key metrics such as total sales, sales by product category, sales by customer segment, and sales by geographical location. By visualizing the sales data in an interactive dashboard, it becomes easier to identify trends, patterns, and areas for improvement.

Research Ideas ****:

1. Inventory Management: By analyzing the quantity and frequency of product sales, retailers can effectively manage their stock and predict future demand. This would help ensure that popular items are always available while less popular items aren't overstocked.
2. Customer Segmentation: Data from different countries can be used to understand buying habits across different geographical locations. This will allow the retail company to tailor its marketing strategy for each specific region or country, leading to more effective advertising campaigns.
3. Sales Trend Analysis: With data spanning almost a year, temporal patterns in purchasing behavior can be identified, including seasonality and other trends (like an increase in sales during holidays). Techniques like time-series analysis could provide insights into peak shopping times or days of the week when sales are typically high.
4. Predictive Analysis for Cross-Selling & Upselling: Based on a customer's previous purchase history, predictive algorithms can be utilized to suggest related products that might interest the customer, enhancing upsell and cross-sell opportunities.
5. Detecting Fraud: Analysing sale returns (marked with 'c' in InvoiceNo) across customers or regions could help pinpoint fraudulent activities or operational issues leading to those returns
6. RFM Analysis: By using the RFM (Recency, Frequency, Monetary) segmentation technique, the online retail company can gain insights into customer behavior and tailor their marketing strategies accordingly.

**************Steps :**************

1. Data manipulation and cleaning from raw data using SQL language Google Big Query
2. Data filtering, grouping, and slicing
3. Data Visualization using Tableau
4. Data visualization analysis and result

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