In 2024, global retail e-commerce sales reached an estimated ************ U.S. dollars. Projections indicate a ** percent growth in this figure over the coming years, with expectations to come close to ************** dollars by 2028. World players Among the key players on the world stage, the American marketplace giant Amazon holds the title of the largest e-commerce player globally, with a gross merchandise value of nearly *********** U.S. dollars in 2024. Amazon was also the most valuable retail brand globally, followed by mostly American competitors such as Walmart and the Home Depot. Leading e-tailing regions E-commerce is a dormant channel globally, but nowhere has it been as successful as in Asia. In 2024, the e-commerce revenue in that continent alone was measured at nearly ************ U.S. dollars, outperforming the Americas and Europe. That year, the up-and-coming e-commerce markets also centered around Asia. The Philippines and India stood out as the swiftest-growing e-commerce markets based on online sales, anticipating a growth rate surpassing ** percent.

Global retail market to reach $46.78T by 2029 at 7.6% CAGR, driven by growth in auto, food, fuel, cosmetics, personal care, and miscellaneous retail sectors.

Global retail sales were projected to amount to around **** trillion U.S. dollars by 2026, up from approximately **** trillion U.S. dollars in 2021. The retail industry encompasses the journey of a good or service. This typically starts with the manufacturing of a product and ends with said product being purchased by a consumer from a retailer. Retail establishments come in many forms such as grocery stores, restaurants, and bookstores. American retailers worldwide As a result of globalization and various trade agreements between markets and countries, many retailers are capable of doing business on a global scale. Many of the world’s leading retailers are American companies. Walmart and Amazon are examples of such American retailers. The success of U.S. retailers can also be seen through their performance in online retail. Retail in the U.S. The domestic retail market in the United States is a lucrative market, in which many companies compete. Walmart, a retail chain offering low prices and a wide selection of products, is the leading retailer in the United States. Amazon, The Kroger Co., Costco, and Target are a selection of other leading U.S. retailers.

The global retail market reached approximately USD 23.00 Trillion in 2024 and is expected to grow at a CAGR of 5.80% during the forecast period of 2025-2034, to reach a value of USD 40.42 Trillion in 2034. The demand is being driven by factors like rising disposable incomes, rapid digital transformation, and investments in cutting-edge technologies.

Key Market Insights:

• The Asia Pacific retail market has demonstrated significant growth and is projected to grow at a 6.9% CAGR during the forecast period.
• By country, the United States commands 18.7% of the North America retail market share in 2024.
• Product-wise, the food, beverage, and grocery segment held the dominant share and is projected to exhibit a 6.6% CAGR over the forecast period.
• Based on end use, the online channel exhibits a CAGR of 10.9% during the forecast period.

Market Size & Forecast

• Current Market Size: USD 23.00 Trillion
• Projected Market Size: USD 40.42 Trillion
• CAGR from 2025 to 2034: 5.80%
• Dominant Market: Asia Pacific

This statistic shows the value of the retail analytics market worldwide in 2016, with a forecast from 2017 to 2022. The global retail analytics market was valued at **** billion U.S. dollars in 2016, and was forecast to reach about *** billion dollars by 2022.

In 2024, the global in-store or brick-and-mortar retail channel generated an estimated **** trillion U.S. dollars in sales. Total retail sales (online and offline retail) worldwide amounted to around ** trillion U.S. dollars that year. By 2028, it is estimated that the value of e-commerce retail sales will reach **** trillion U.S. dollars on a global scale.

Global Artificial Intelligence (AI) in Retail Market is valued at USD 5.59 Billion in 2022 and is expected to grow from USD 7.42 Billion in 2023 to reach USD 71.23 Billion by 2031, at a CAGR of 32.68% during the forecast period (2024-2031).

Global Grocery Retail Market reached USD 8,695 billion in 2022 and is projected to witness lucrative growth by reaching up to USD 14,772 billion by 2031

Smart Retail Market size was valued at USD 30.30 billion in 2022 and is poised to grow from USD 39.09 billion in 2023 to USD 299.74 billion by 2031, growing at a CAGR of 29% in the forecast period (2024-2031).

In 2020, global retail sales fell by 2.9 percent as a result of the COVID-19 pandemic, bouncing back in 2021 with a growth of 9.7 percent Global retail sales were projected to amount to around 27.3 trillion U.S. dollars by 2022, up from approximately 23.7 trillion U.S. dollars in 2020.

American retailers worldwide
As a result of globalization and various trade agreements between markets and countries, many retailers are capable of doing business on a global scale. Many of the world’s leading retailers are American companies. Walmart and Amazon are examples of such American retailers. The success of U.S. retailers can also be seen through their performance in online retail.

Retail in the U.S.
The domestic retail market in the United States is a lucrative market, in which many companies compete. Walmart, a retail chain offering low prices and a wide selection of products, is the leading retailer in the United States. Amazon, The Kroger Co., Costco, and Target are a selection of other leading U.S. retailers.

The global Omni-channel retail solutions market was valued at USD 5.93 billion in 2021 and is expected to grow at a CAGR of 13.8% during the forecast period.

Retail Sales in the United States increased 0.60 percent in June of 2025 over the previous month. This dataset provides - U.S. December Retail Sales Increased More Than Forecast - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Internet sales have played an increasingly significant role in retailing. In 2024, e-commerce accounted for over ** percent of retail sales worldwide. Forecasts indicate that by 2029, the online segment will make up close to over ** percent of total global retail sales. Retail e-commerce Online shopping has grown steadily in popularity in recent years. In 2024, global e-commerce sales amounted to over ************** U.S. dollars, a figure expected to exceed **** trillion U.S. dollars by 2028. Digital development in Latin America boomed during the COVID-19 pandemic, generating unprecedented e-commerce growth in various economies across the region. So much so that Brazil and Argentina appear to lead the world's fastest-growing online retail markets. This trend correlates strongly with the constantly improving online access, especially in "mobile-first" online communities, which have long struggled with traditioe-comernal fixed broadband connections due to financial or infrastructure constraints but enjoy the advantages of cheap mobile broadband connections. M-commerce on the rise The average order value of online shopping via smartphones and tablets still lags traditional e-commerce via desktop computers. However, e-retailers around the world have caught up in mobile e-commerce sales. Online shopping via smartphones is particularly prominent in Asia. By the end of 2021, Malaysia was the top digital market based on the percentage of the population that had purchased something by phone, with nearly ** percent having made a weekly mobile purchase. South Korea, Taiwan, and the Philippines completed the top of the ranking.

Global Augmented Reality in Retail Market size was valued at USD 2.83 billion in 2022 and is poised to grow from USD 4 billion in 2023 to USD 45.19 billion by 2031, growing at a CAGR of 41.4% in the forecast period (2024-2031).

According to Cognitive Market Research, the global Soft Touch Films market size will be USD 3124.5 million in 2024. It will expand at a compound annual growth rate (CAGR) of 3.50% from 2024 to 2031.

North America held the major market share for more than 40% of the global revenue with a market size of USD 1249.8 million in 2024 and will grow at a compound annual growth rate (CAGR) of 1.7% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 937.3 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 718.6 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.5% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD 156.2 million in 2024 and will grow at a compound annual growth rate (CAGR) of 2.9% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 62.4 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.2% from 2024 to 2031.
The Polyvinyl Chloride (PVC) Material held the highest Soft Touch Films market revenue share in 2024.

Market Dynamics of Soft Touch Films Market

Key Drivers for Soft Touch Films Market

Increased Demand from Packing Sector to Increase the Demand Globally: Soft touch lamination films are widely used in packaging luxury goods, enhancing their perceived value and providing a premium unboxing experience for customers. The global packaging market expanded from $909.2 billion in 2019 to $1,012.6 billion by 2021, reflecting a Compound Annual Growth Rate (CAGR) of 5.5%. In 2022, the Flexible Packaging sector achieved $41.5 billion in sales in the U.S., making it the second largest segment in the U.S. packaging market, which totaled $180.3 billion. Increased disposable income, especially in emerging economies, has led to higher consumer spending on premium and visually appealing products. Soft touch lamination films contribute to this trend by offering an upscale look and feel to packaging, driving growth in the market for these films. https://www.worldpackaging.org/Uploads/2022-10/ResourcePDF49_1665660147.pdf https://www.flexpack.org/facts-and-figures

Growth in E-Commerce and Online Retailing Technology to Propel Market Growth: As e-commerce and online retailing rapidly expand, packaging is crucial for both product presentation and protection during shipping. In the second quarter of 2024, U.S. retail e-commerce sales reached $291.6 billion, marking a 1.3 percent increase from the previous quarter. Total retail sales for the same period were $1,826.9 billion, up by 0.5 percent from the first quarter of 2024. Compared to the second quarter of 2023, e-commerce sales rose by 6.7 percent, while total retail sales increased by 2.1 percent. E-commerce sales represented 16.0 percent of total retail sales in the second quarter of 2024. Soft touch lamination films enhance packaging with their attractive appearance and offer protection against scratches, scuffs, and other damage during transit, making them ideal for e-commerce packaging. The global demand for luxury items, such as high-end fashion accessories, electronics, and automotive products, continues to drive the need for premium packaging solutions. https://www.census.gov/retail/mrts/www/data/pdf/ec_current.pdf

Restraint Factor for the Soft Touch Films Market

High Production Costs to Limit the Sales: The production of soft touch lamination films encounters notable challenges due to high production costs. The use of specialized equipment and processes required to manufacture these films leads to increased expenses. Achieving the desired tactile and visual effects demands precise machinery and advanced technology, further adding to the financial strain for manufacturers. Additionally, fluctuations in the prices of raw materials, such as polymers and coatings, can affect overall production costs and profitability. Variations in material costs may make it difficult for manufacturers to balance competitive pricing with maintaining quality and consistency. To address these cost pressures, efficient production practices, and strategic sourcing are essential for mitigating financial impacts.

Key Trends for Soft Touch Films Market

Bio-Based and Eco-Friendly Substitutes: In order to meet sustainability requir...

South Korea Retail Sector market size was valued at USD 423.6 Billion in 2024 and is projected to reach USD 628.4 Billion by 2031, growing at a CAGR of 5.1% from 2024 to 2031.

South Korea Retail Sector Market Drivers

Rapid Growth of E-commerce and Digital Transformation: South Korea's robust internet infrastructure and high smartphone penetration have contributed greatly to e-commerce growth. In 2022, internet retail sales represented 35% of overall retail sales in the country, ranking among the highest in the world. Furthermore, e-commerce revenue is predicted to reach $114 billion by 2025, thanks to creative online-to-offline methods and strong logistical networks.

Rising Urbanization and Consumer Spending Power: With nearly 81.4% of the population residing in cities by 2023, South Korea has a concentrated consumer base with significant purchasing power. Urban families are increasingly spending on luxury and convenience products, contributing to a 4.2% yearly increase in retail sales, according to OECD estimates.

Government Initiatives Supporting Retail Modernization: The South Korean government is actively promoting smart retail technologies through initiatives such as the Digital New Deal. These measures are intended to automate conventional marketplaces and support retail technology firms. Over 5,000 small retail shops will have smart payment systems installed by 2023, thanks to government-backed schemes.

The global retail pricing software market was valued at USD 12.28 Billion in 2022 and is projected to reach USD 21.89 Billion by 2030, registering a CAGR of 7.5% for the forecast period 2023-2030. Factors Affecting Retail Pricing Software Market Growth

Benefits of Retail pricing software; 

Retail pricing software offers several benefits to businesses, helping them make more informed pricing decisions and ultimately improving their competitiveness, profitability, and customer satisfaction. For instance, retail pricing software leverages vast amounts of data, including historical sales data, customer behavior data, and market trends. In addition, pricing software uses advanced algorithms to calculate optimal prices for products or services. This optimization takes into account factors such as production costs, demand elasticity, competitor pricing, and desired profit margins.

Restraining Factor:

Cost and Complexity of software;

Retail pricing software often involves significant initial costs for implementation, customization, and training. Smaller retailers with limited budgets might find it challenging to invest in such solutions. Additionally, the complexity of these systems might deter some businesses, especially those without dedicated IT resources.

Market Opportunity:

The growing trend of omnichannel retailing;

Omnichannel retailing refers to providing a seamless and integrated shopping experience across various channels, both online and offline. This includes brick-and-mortar stores, e-commerce websites, mobile apps, social media platforms, and more. The goal is to create a consistent and convenient shopping experience for customers regardless of how they choose to interact with the retailer. The rise of omnichannel retailing presents several challenges and opportunities when it comes to pricing strategies. Retailers need to maintain consistent pricing across all channels to avoid customer confusion and frustration.

The COVID-19 impact on Retail Pricing Software Market;

The COVID-19 pandemic had a significant impact on various industries, including the retail pricing software market. The pandemic led to changes in consumer behaviour, with increased online shopping and a shift away from physical stores. The sudden change in consumer behaviour has increased demand for pricing software that could quickly adapt to these shifts. With more consumers turning to online shopping, retailers needed pricing software that could handle the complexities of pricing across multiple online platforms, marketplaces, and channels. Many retailers had to offer promotions and discounts to attract customers during economic uncertainty. Pricing software was crucial for planning and executing these strategies effectively. Introduction of Retail Pricing Software

Retail pricing software is a specialized type of software designed to help businesses, particularly retailers, determine the optimal prices for their products or services. It leverages various data points, algorithms, and analytical tools to assist in setting prices that align with the business's goals, market conditions, customer preferences, and competitive landscape. Retail pricing software gathers a wide range of data from both internal and external sources. his can include historical sales data, customer behaviour data, competitor pricing information, economic indicators, and more. Integration with the business's point-of-sale systems, e-commerce platforms, and other relevant software helps ensure that the data is up-to-date and accurate.

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Convenience Stores Market Size 2025-2029

The convenience stores market size is forecast to increase by USD 1036.9 billion, at a CAGR of 7.1% between 2024 and 2029.

The market is experiencing significant growth, driven by the increasing demand for convenient food products. Consumers' preferences are shifting towards quick and easy meal solutions, leading to a surge in demand for ready-to-eat and ready-to-heat food items. Another trend shaping the market is the rise of private-label brands, which are gaining popularity due to their affordability and perceived quality. However, the market faces challenges as well. The increasing trend towards online retailing and e-commerce is changing buying behavior, with more consumers opting for home delivery and curbside pick-up options. This shift is forcing convenience stores to adapt and find ways to compete effectively in this new landscape. Additionally, the growing focus on health and wellness is leading to increased demand for healthier food options, presenting both an opportunity and a challenge for convenience stores to offer more nutritious choices while maintaining profitability. To capitalize on market opportunities and navigate challenges effectively, convenience store operators must stay agile and responsive to changing consumer preferences and trends.

What will be the Size of the Convenience Stores Market during the forecast period?

Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.
Request Free SampleThe market continues to evolve, driven by dynamic market dynamics and shifting consumer behaviors. Automated retail solutions, such as inventory tracking and demand planning, enable retailers to optimize stock levels and reduce out-of-stocks. Customer loyalty programs and community engagement initiatives foster repeat business and strengthen brand affinity. Employee training and target marketing strategies ensure high-quality customer service and effective product placement. Hygiene standards and food safety regulations are paramount in maintaining trust and meeting health regulations. Impulse purchases, fuel retailing, and grocery sales remain key revenue streams, with mobile payments and delivery services enhancing the shopping experience. Franchise models and self-checkout kiosks streamline operations and reduce labor costs. Pricing strategies, energy efficiency, and data analytics play crucial roles in maximizing profitability. Local sourcing and category management cater to diverse consumer preferences and promote sustainability. Inventory management, store design, and private label products differentiate offerings from national brands. Hygiene standards, food handling, and loss prevention measures ensure operational efficiency and maintain customer trust. Product placement, online ordering, and RFID technology facilitate seamless shopping experiences. Smart shelves, shelf life management, and point-of-sale (POS) systems optimize stock levels and reduce waste. Waste management and supply chain optimization minimize environmental impact and enhance operational efficiency. Automated checkout and shopping habits analysis provide valuable insights for retailers to adapt and thrive in this continuously evolving market.

How is this Convenience Stores Industry segmented?

The convenience stores 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. OwnershipIndependent retailerRetail chainTypeTraditional convenience storeMini convenience storeHyper convenience storeExpanded convenience storeKiosksProduct OfferingFood and BeveragesTobacco Products Everyday Convenience ItemsOver-the-Counter Drugs OthersLocationUrbanSub-UrbanGeographyNorth AmericaUSMexicoEuropeFranceGermanyItalyUKMiddle East and AfricaUAEAPACAustraliaChinaIndiaJapanSouth KoreaSouth AmericaBrazilRest of World (ROW)

By Ownership Insights

The independent retailer segment is estimated to witness significant growth during the forecast period.Independent retailers, encompassing convenience stores, gas stations, and grocery outlets, continue to evolve in response to shifting consumer preferences and technological advancements. These businesses, which sell goods produced by other companies and are privately owned, offer unique value propositions. Smaller independent retailers specialize in niche product categories, such as vinyl records or photography supplies, often catering to specific consumer segments. Larger independent retailers maintain a broader product range, providing a platform for smaller brands and unique offerings. Consumer behavior shapes the convenience store market, with an increasing demand for fresh food products driving segment growth. This trend is furth

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Anti-fog Lidding Films Market Forecast 2024-2028

The anti-fog lidding films market size is forecast to increase by USD 222.78 million, at a CAGR of 5.21% between 2023 and 2028. Market growth is propelled by factors such as heightened demand for packaged F&B, increased use of anti-fog lidding films in expanding retail sectors, and widespread adoption of barrier films. The market analysis delves into drivers, trends, and challenges, offering insights into industry growth and development. By examining these elements, stakeholders gain a comprehensive understanding of the market dynamics influencing industry evolution. Our report examines historical data from 2018 - 2022, besides analyzing the current market scenario.

What will be the Market Size During the Forecast Period?

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Market Definition

Anti-fog lidding films are specialty plastic films that provide modified atmosphere packaging, which prevents the formation of moisture inside the packaged food container. It also helps enhance the shelf-life of perishable food products such as meats, seafood, dairy products, fresh produce, ready-to-eat food items, bakery and confectionery items, and frozen food products.

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Market Dynamics

The market is witnessing a surge in demand driven by the increased focus on food preservation and packaging. Consumers and industries alike are adopting advanced packaging solutions like Anti-fog films to enhance product visibility and ensure longer shelf life. The market trends include the rising popularity of high-barrier films for optimal protection against moisture, contamination, and spoilage. However, challenges lie in balancing the need for heat resistance with environmental concerns, pushing the industry towards sustainable packaging solutions. The market reflects the ongoing quest for innovative materials addressing diverse packaging needs, particularly in the dairy and frozen foods sectors. Our researchers analyzed the market research and growth data with 2023 as the base year, along with the key market growth analysis, trends, and challenges. A holistic analysis of drivers, trends, and challenges will help companies refine their marketing strategies to gain a competitive advantage.

Key Market Driver

Increasing demand for anti-fog lidding films from the growing retail sector is notably driving the market. Continuous advancements in the global retail industry are set to fuel the expansion of the market. Modern consumers, with their busy lifestyles, increasingly seek comfort and convenience. Major and well-organized retail establishments offer a diverse array of products, including household items, consumer appliances, furnishings, personal care products, and home decor items, representing various brands all under one roof with longer shelf life. The surging brand consciousness among consumers has heightened the significance of organized retailers providing an extensive selection of branded and packaged goods.

Additionally, polyethylene (PE), polyethylene terephthalate (PET), polyamide, and polypropylene (PP) polymers are used in the anti-fog lidding films. E-commerce and online retailing stand out as pivotal sectors within the retail industry. The growing prevalence of the Internet and smart devices is enhancing accessibility to online shopping platforms. Retailers and companies leverage these platforms to extend their reach and connect with a broader consumer base. The expansion of the e-commerce consumer base and the high barrier film penetration in e-commerce companies are expected to drive the demand globally, which will further drive the global market during the forecast period.

Significant Market Trends

Integration of smart packaging technologies is an emerging trend in the market. The global market is undergoing an increase with the incorporation of smart packaging technologies, most notably quick response (QR) codes and Near Field Communication (NFC) tags. In addition, this movement underscores the industry's overall commitment to improving traceability, encouraging information exchange, and increasing consumer participation.

Moreover, smart packaging, powered by QR codes and near-field communication (NFC) tags, provides a dynamic interaction between the product and the consumer. In addition, QR codes, when scanned with a smartphone, allow fast access to detailed product information such as sourcing, nutritional statistics, and usage instructions. Furthermore, this transparency not only meets the growing consumer demand for information but also fosters trust in the company. Hence, such factors are driving the market during the forecast period.

Major Challenge

Evolving consumer demands for alternative packaging materials is a major challenge hindering the market. The global market is witnessing medium competition from several conventional packaging fil

Retail Sales in the United States increased 3.90 percent in June of 2025 over the same month in the previous year. This dataset provides - United States Retail Sales YoY - actual values, historical data, forecast, chart, statistics, economic calendar and news.