The statistic depicts the sales value of the global retail market from 2011 to 2021. In 2016, the global retail market was valued at approximately **** trillion U.S. dollars.

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.

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.

Snapshot img { margin: 10px !important; } Market outlook of the retail IT spending market

The global retail IT spending market is expected to grow steadily and record a CAGR of close to 4% during the forecast period. The increased need to find customer insights from a large pool of structured and unstructured data is a major driver for investment by retailers on big data analytics technology.

The IT spending on retail industry research report also covers the role of SMAC technology in shaping the growth of the market. Retailers focus on right product assortment for the right stores, depending on the store's attributes, local customer demand, and product preference. Technavio expects analytics platforms to quickly gain popularity among CMOs as a secure and easy to use option. With this, IT spending in retail is expected to significantly improve customer satisfaction in the upcoming four years.

Product segmentation and analysis of the global retail IT spending market

Hardware Software IT services

IT services accounted for the largest market share with more than 35% in 2015. However, as per the retail industry IT spending forecast, the software segment is likely to witness the fastest growth until 2019 due to high demand emerging from the e-commerce market. This will have a positive impact on the retail IT spending market growth.

Geographical segmentation and analysis of the retail IT spending market

Americas APAC EMEA

In 2015, North America outpaced the growth of the retail software market in BRIC countries and posted a growth of more than 5% from 2014. The growing investments in payment systems, omnichannel integrations, data security, and mobile proliferation and engagement are driving the retail IT spending market size growth.

Competitive landscape and key vendors

The emergence of many vendors in the global retail IT spending market has led to fierce competition. Along with the increasing demand from end-users, the market is also witnessing rapid innovations and more importantly, the evolution of retail solutions with advanced computing capabilities, leading to high efficiency and productivity. Vendors in this market are constantly adopting effective marketing and promotional strategies to provide quality products that meet customer expectations.

The leading vendors in the market are -

Cisco Dell HP IBM

Other prominent vendors in the market include Amazon.com, Arcplan, Bitam, CAM Commerce Solutions, Chain Drive, Comcash, Cybex Systems, eBay, ECR Software, Epicor, Fujitsu, Genesis Software Systems, Informatica, Intuit, JDA Software Group, JDS Solutions, Magstar, MICROS Systems, Microsoft, MicroStrategy, NCR, Oracle, PayPal, PCMS, Pinnacle Cart, RedPrairie, Retail Information Systems, Retail Pro International, SAS, SYSPRO, Tableau Software, TIBCO Software, and UTC Retail.

Key questions answered in the report include

What will the retail IT spending market size and the growth rate be in 2020? What are the key factors driving the global retail IT spending market? What are the key retail IT spending market trends impacting the growth of the market? What are the challenges to market growth? Who are the key vendors in this market space? What are the market opportunities and threats faced by the vendors in the global retail IT spending market? Trending factors influencing the market shares of the Americas, APAC, and EMEA What are the key outcomes of the five forces analysis of the retail IT spending market?

Technavio also offers customization on reports based on specific client requirement.

Related reports:

Global IT Spending by E-Grocers Market 2015-2019 Global Retail Banking IT Spending Market 2015-2019

Graph and download economic data for E-Commerce Retail Sales as a Percent of Total Sales (ECOMPCTSA) from Q4 1999 to Q2 2025 about e-commerce, retail trade, percent, sales, retail, and USA.

Russia Retail Sales Volume Index: Year to Date: Same Period PY=100: Retail Trade Services of Ice Cream and Ice Desserts data was reported at 95.100 Same Period PY=100 in Dec 2016. This records a decrease from the previous number of 97.000 Same Period PY=100 for Sep 2016. Russia Retail Sales Volume Index: Year to Date: Same Period PY=100: Retail Trade Services of Ice Cream and Ice Desserts data is updated quarterly, averaging 101.800 Same Period PY=100 from Mar 2010 (Median) to Dec 2016, with 28 observations. The data reached an all-time high of 110.500 Same Period PY=100 in Sep 2010 and a record low of 92.200 Same Period PY=100 in Mar 2016. Russia Retail Sales Volume Index: Year to Date: Same Period PY=100: Retail Trade Services of Ice Cream and Ice Desserts data remains active status in CEIC and is reported by Federal State Statistics Service. The data is categorized under Russia Premium Database’s Wholesale, Retail and Catering Sector – Table RU.RJB003: Retail Sales Volume Index: Quarterly.

This statistic shows the duty free and travel retail market share worldwide in 2016, by company. In 2016, Dufry accounted for approximately ** percent of the global duty free and travel retail market.

RSI: SIC07: Volume: NSR: Large Businesses data was reported at 156.500 2016=100 in May 2021. This records a decrease from the previous number of 161.500 2016=100 for Apr 2021. RSI: SIC07: Volume: NSR: Large Businesses data is updated monthly, averaging 30.000 2016=100 from Jan 1988 (Median) to May 2021, with 401 observations. The data reached an all-time high of 230.100 2016=100 in Nov 2020 and a record low of 17.200 2016=100 in Aug 1989. RSI: SIC07: Volume: NSR: Large Businesses data remains active status in CEIC and is reported by Office for National Statistics. The data is categorized under Global Database’s United Kingdom – Table UK.H019: Retail Sales Index: Volume: 2016=100.

Russia Retail Sales Volume Index: Year to Date: Same Period PY=100: Metal Fabric of Household Purpose: incl Plates and Knives data was reported at 88.200 Same Period PY=100 in Dec 2016. This records an increase from the previous number of 85.100 Same Period PY=100 for Sep 2016. Russia Retail Sales Volume Index: Year to Date: Same Period PY=100: Metal Fabric of Household Purpose: incl Plates and Knives data is updated quarterly, averaging 105.200 Same Period PY=100 from Mar 2010 (Median) to Dec 2016, with 28 observations. The data reached an all-time high of 112.900 Same Period PY=100 in Mar 2015 and a record low of 81.000 Same Period PY=100 in Mar 2016. Russia Retail Sales Volume Index: Year to Date: Same Period PY=100: Metal Fabric of Household Purpose: incl Plates and Knives data remains active status in CEIC and is reported by Federal State Statistics Service. The data is categorized under Russia Premium Database’s Wholesale, Retail and Catering Sector – Table RU.RJB003: Retail Sales Volume Index: Quarterly.

Snapshot img { margin: 10px !important; } Get our updated market research report on the DIY market 2018-2022

Market overview of the global DIY market

Home improvement such as renovating and remodeling one’s home is the key segment and also the largest segment in the global DIY market. Technavio’s market research analyst expects the global DIY market to grow at a CAGR of around 3% during the forecast period. The growth of this market is mainly supported by the media presence, be it through the traditional medium such as television or the online presence in the form of video websites or social media.

The emergence of a large number of retail stores such as hypermarkets, supermarkets, and specialty stores across the globe is another major driver for the growth of the DIY market. These stores enable consumers to seek information on various brands, compare prices, quality, design, and then make a decision at their convenience and comfort. Also, with the increase in brand consciousness among consumers, the importance of organized retailers carrying branded DIY products is on the rise.

Geographical segmentation of the DIY market

Americas
APAC
Europe
MEA

Acceptance of DIY culture is very low in the APAC regions, hence the market is largely concentrated in the Western countries. The Americas occupies the largest share of the DIY market, with the US contributing the majority of the market share in this region. People in the US loves engaging themselves in DIY projects. Hence, this acts as a major driver contributing to the growth of the DIY market in the US.

Competitive landscape and key vendors

The sedated growth of the global DIY market is likely to spur vendors to bring in new products to meet the buying trend among the customers and remain competitive in the market. Additionally, the rising adoption of DIY activities in the developing region is also luring vendors in the DIY market to venture into these market and expand their foothold.

The leading vendors in this market are -

Adeo
Home Depot
Kingfisher plc
Lowe’s

The other prominent vendors in the market include OBI, Bauhaus, Kesko, Travis Perkins, Les Mousquetaires, and Hornbach.

Growth drivers, challenges, and upcoming trends – Customization of DIY

Technavio’s market research analysts accentuate upcoming trends such as the customization of DIY products, which is undoubtedly a popular approach across industries. Following the ways by which customer demand is changing on a regular basis, customization of DIY products play a crucial role in the growth of the DIY market.

This report provides a number of factors contributing to the adoption, limitations, and opportunities of the global DIY market. It also offers an analysis of each factor and an estimation of the extent to which the factors are likely to impact the overall market growth.

Key questions answered in the report

What will the market size and the growth rate be in 2020?
What are the key factors driving the global DIY market?
What are the key market trends impacting the growth of the global DIY market?
What are the challenges to market growth?
Who are the key vendors in the DIY market?
What are the market opportunities and threats faced by the vendors in the global DIY market?
Trending factors influencing the market shares of the Americas, APAC, Europe, and MEA.
What is the key outcome of the five forces analysis of the global DIY market?

Technavio also offers customization on reports based on specific client requirement.

Related reports

Global Home Office Furniture market 2015-2019
Outdoor Furniture Market in the US 2015-2019
Folding Furniture Market in the US 2015-2019
RTA (Ready-to-assemble) Furniture Market US 2015-2019

In 2025, global duty free and travel retail sales was estimated to be worth **** billion U.S. dollars. This value was still at a lower level than the pre-pandemic period. Travel retail includes all sales made in shops located in duty-free areas or any areas dedicated to travelers.

Snapshot img

Market outlook of the ancillary revenue management market

Technavio’s market research analyst predicts the global ancillary revenue management market to grow steadily at a CAGR of around 8% during the forecast period. Relaxed entry barriers and low fare prices have increased the intensity of competition among airlines across the globe, driving airlines to generate revenue from ancillary revenue management. Airlines continue to focus on boosting ancillary revenues through technological alliances and partnerships with GDS providers. For instance, Ryanair exhibits higher ancillary service profitability than low-cost airlines such as Delta, as Ryanair's fee structure is simpler and features an easy-to-comprehend, transparent baggage fee structure.

The rising distribution of ancillaries through e-travel platforms is also driving the growth of this market. Numerous OTAs have integrated ancillary offerings to their booking engines allowing them to offer point-of-sale offerings such as extra baggage, lounge access, Wi-Fi, and other services in select countries. The revenue management solutions offered by vendors to OTAs help automate and standardize the process, capture new sales, reduce errors, and adhere to airline requirements and industry standards.

Carrier type segmentation and analysis of the ancillary revenue management market

Major airlines
Low-cost airlines

The major airlines segment accounted for the largest market share during 2015. There has been tremendous growth in ancillary revenue in this segment, with the major revenue being generated by the sale of frequent flyer program (FFP). American, Delta, and United are some of the major airlines dominating in this segment.

Geographical segmentation and analysis of the ancillary revenue management market

Americas
APAC
EMEA

The Americas led the global market during 2015, accounting for a market share of around 44%. The US is the biggest revenue contributor in this region with big airlines such as Alaska Airlines, Delta, American, Hawaiian, United, Southwest, and US Airways relying on FFP to generate ancillary revenue. For instance, over 70% of Alaska’s ancillary revenue is generated by its mileage plan FFP.

Competitive landscape and key vendors

Low-cost carriers in this market have been collaborating with established vendors to strengthen their revenue management leading to increased realized revenue from ancillary. Globally, vendors in this market are facing tough competition from niche players who offer analytics and BI products/solutions.

The high vendor competition has led to an increased number of M&A, wherein smaller entities are being acquired by, or are being merged with, major players.

The leading vendors in the market are -

Amadeus
Navitaire
Sabre
SITA
Travelport

Other prominent vendors in the market include Airline Software, Cartrawler, Concur Technologies (SAP), LemaxPaxport, PROS, Radixx International, Revenue Analytics, Revenue Management Systems, Revenue Matters, and SAS

Key questions answered in the report include

What will the market size and the growth rate be in 2020?
What are the key factors driving the global ancillary revenue management market?
What are the key market trends impacting the growth of the ancillary revenue management market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the vendors in the global ancillary revenue management market?
Trending factors influencing the market shares of the Americas, APAC, and EMEA?
What are the key outcomes of the five forces analysis of the ancillary revenue management market?

Technavio also offers customization on reports based on specific client requirement.

Related reports:

Global Retail Banking IT Spending Market 2015-2019
Global Passenger Information System Market 2015-2019

Russia Retail Sales Volume Index: Year to Date: Same Period PY=100: AV: Videotape Recorder data was reported at 85.500 Same Period PY=100 in Dec 2016. This records a decrease from the previous number of 87.400 Same Period PY=100 for Sep 2016. Russia Retail Sales Volume Index: Year to Date: Same Period PY=100: AV: Videotape Recorder data is updated quarterly, averaging 94.550 Same Period PY=100 from Mar 2009 (Median) to Dec 2016, with 32 observations. The data reached an all-time high of 113.300 Same Period PY=100 in Mar 2012 and a record low of 72.700 Same Period PY=100 in Dec 2015. Russia Retail Sales Volume Index: Year to Date: Same Period PY=100: AV: Videotape Recorder data remains active status in CEIC and is reported by Federal State Statistics Service. The data is categorized under Russia Premium Database’s Wholesale, Retail and Catering Sector – Table RU.RJB003: Retail Sales Volume Index: Quarterly.

In fiscal year 2021, the Chinese online retailers JD.com and the global retail giant Amazon ranked as the fastest growing retailers based on CAGR between FY2016 and 2021. Among the leading 10 retailers based on 2021 sales, Walmart, the world's leading retailer, registered a comparatively slower CAGR at 3.3 percent.

Snapshot img { margin: 10px !important; } Outlook of the furniture manufacturing market in Bulgaria

According to Technavio’s market research analyst, the market for furniture manufacturing in Bulgaria will grow steadily and will be positively affected by changing consumer preferences. Over the past two years, it has been observed that the consumers of furniture in Bulgaria are purchasing low and medium-priced products as opposed to premium furniture products, which were in substantial demand before the global economic crisis of 2008. Manufacturers of such products are focusing on enhancing their production processes to increase productivity and lower costs, along with expanding their portfolios. This has opened up new growth opportunities for manufacturers of furniture operating in this price segment. A comprehensive market study carried out by the analysts at Technavio has shown that the market for furniture manufacturing in Bulgaria will grow at a CAGR of over 5% by 2020.

The augmented demand for wood-based panels is another factor spurring growth in this market. Wood-based panels are being extensively used as raw materials for the production of furniture in Bulgaria. Consequently, the demand for solid wood has decreased. The recent increase in the demand for wood-based panels from furniture manufacturers is also because of their low price, especially when compared to sawn wood. Since wood-based panels offer ease-of-assembly to furniture manufacturers, the manufacturing costs for vendors will also decrease.

Competitive landscape and key vendors

This market is marked by the presence of diverse international and regional manufacturers. However, as international players have established their footprint in the market, regional manufacturers are finding it increasingly difficult to compete with them, especially on the basis of quality, technology, and pricing. The competitive environment in this market will likely intensify further with an increase in product/service extensions, technological innovations, and M&A activities.

Key manufacturers in this market are -

Avgusta Mebel
Bonana
Dabora
Elma 13
Evrika Furniture Factory
Furniture Factory Meblex
Gadevski
Gold-Apolo
Hegra D
Interior 46 Design
Karabulev
Kronos Mebel
Mebel Stil
Mebex
Nicoletti
Pantadesign Studio
Retroujut – Aksaga
Rikostyle
Teoharovi
Valiyan

Product-based segmentation analysis of the furniture manufacturing market in Bulgaria

Office and shop furniture
Mattresses
Kitchen furniture

According to this market analysis, the office and shop furniture segment accounted for a market share of over 12% and will lead the market in terms of revenue over the next four years.

Key questions answered in the report include

What will the market size and the growth rate be in 2020?
What are the key factors driving the furniture manufacturing market in Bulgaria?
What are the key market trends impacting the growth of the furniture manufacturing market in Bulgaria?
What are the challenges to market growth?
Who are the key vendors in the furniture manufacturing market in Bulgaria?
What are the market opportunities and threats faced by the vendors in the furniture manufacturing market in Bulgaria?
Trending factors influencing the market shares of Bulgaria.
What are the key outcomes of the five forces analysis of the furniture manufacturing market in Bulgaria?

Technavio also offers customization on reports based on specific client requirement.

Related reports

Global Office Furniture Market 2016-2020
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Russia Retail Sales Volume Index: Year to Date: Same Period PY=100: MP: Whole Milk Products data was reported at 97.100 Same Period PY=100 in Dec 2016. This records a decrease from the previous number of 98.800 Same Period PY=100 for Sep 2016. Russia Retail Sales Volume Index: Year to Date: Same Period PY=100: MP: Whole Milk Products data is updated quarterly, averaging 102.000 Same Period PY=100 from Mar 2012 (Median) to Dec 2016, with 20 observations. The data reached an all-time high of 108.200 Same Period PY=100 in Jun 2013 and a record low of 97.100 Same Period PY=100 in Dec 2016. Russia Retail Sales Volume Index: Year to Date: Same Period PY=100: MP: Whole Milk Products data remains active status in CEIC and is reported by Federal State Statistics Service. The data is categorized under Russia Premium Database’s Wholesale, Retail and Catering Sector – Table RU.RJB003: Retail Sales Volume Index: Quarterly.

The statistic depicts the sales value of the global retail decoration market from 2011 to 2021. In 2016, the global retail decoration market was valued at approximately ***** billion U.S. dollars.

Russia Retail Sales Volume Index: Year to Date: Same Period PY=100: Pharmaceutical, Medical and Orthopedic Goods data was reported at 102.800 Same Period PY=100 in Dec 2016. This records an increase from the previous number of 102.300 Same Period PY=100 for Sep 2016. Russia Retail Sales Volume Index: Year to Date: Same Period PY=100: Pharmaceutical, Medical and Orthopedic Goods data is updated quarterly, averaging 103.500 Same Period PY=100 from Mar 2009 (Median) to Dec 2016, with 32 observations. The data reached an all-time high of 109.300 Same Period PY=100 in Mar 2014 and a record low of 94.300 Same Period PY=100 in Dec 2015. Russia Retail Sales Volume Index: Year to Date: Same Period PY=100: Pharmaceutical, Medical and Orthopedic Goods data remains active status in CEIC and is reported by Federal State Statistics Service. The data is categorized under Russia Premium Database’s Wholesale, Retail and Catering Sector – Table RU.RJB003: Retail Sales Volume Index: Quarterly.

United Kingdom RSI: SIC07: Volume: Non Store Retailing data was reported at 116.500 2016=100 in Jun 2018. This records a decrease from the previous number of 119.100 2016=100 for May 2018. United Kingdom RSI: SIC07: Volume: Non Store Retailing data is updated monthly, averaging 36.900 2016=100 from Jan 1988 (Median) to Jun 2018, with 366 observations. The data reached an all-time high of 165.400 2016=100 in Nov 2017 and a record low of 29.400 2016=100 in Jan 2001. United Kingdom RSI: SIC07: Volume: Non Store Retailing data remains active status in CEIC and is reported by Office for National Statistics. The data is categorized under Global Database’s UK – Table UK.H009: Retail Sales Index: SIC 2007: Volume: 2016=100.

This statistic shows retail e-commerce sales as a percent of global fast-moving consumer goods' sales in 2020, sorted by country. In 2020, e-retail sales accounted for ** percent of all retail sales in Mainland China.