Supply chain professionals from developing regions are generally optimistic about the development of cross-border e-commerce sales. In a survey conducted in early 2023, ** respondents from the Middle East and North Africa or Latin America and the Caribbean thought that cross-border e-commerce sales would shrink in the following 24 months. In Europe, over **** percent of the industry professionals surveyed said they expected international sales to decrease slightly or substantially.

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.

Global E Commerce International Market is segmented by Application (Global Retail_ Online Shopping), Type (Retail_Technology), and Geography (North America_ LATAM_ West Europe_Central & Eastern Europe_ Northern Europe_ Southern Europe_ East Asia_ Southeast Asia_ South Asia_ Central Asia_ Oceania_ MEA)

Estimates indicated an increase of more than ** percent in retail e-commerce sales in Latin America in 2022, making it the fastest-growing macro-region year-on-year. Middle East and Africa would follow with a ** percent growth rate, while Western European countries would rise by around *** percent.

Companies around the world rely on Euromonitor to identify growth opportunities and influence strategic planning. Providing a wealth of standardised and cross-comparable statistics across 99 countries, Euromonitor's Retail market research supports critical decision making with data and analysis at the country, region and global level.

Inform market entry strategies - Assess category growth at the lowest level to help benchmark the most attractive countries for growth, cluster markets that have similar trends and forecast how category performance will change in the future.

Examine distribution trends - Explore the full range of potential channels to maximise revenue and explore the omni-channel dynamics within each product category

Benchmark competition - Measure performance of multi-nationals and local brands and set realistic growth targets by understanding your company share and growth relative to competitors globally, regionally and by country, providing context and direction to how you allocate resources.

Identify whitespace opportunities - Uncover gaps in the market, analyse best practices of competitors and stay up to date with trends around the world to help identify and exploit opportunities for growth.

Product coverage: Retail Offline & Retail Ecommerce

Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.

Why buy this Data? Get a detailed picture of the Retail market; Pinpoint growth sectors and identify factors driving change; Understand the market’s major players and leading brands; Use five-year forecasts to assess how the market is predicted to develop.

The International Express Service Market Report is Segmented by Shipment Weight (Heavy Weight, Light Weight, and Medium Weight), Route (Inter-Region and Intra-Region), End User Industry (E-Commerce, Manufacturing, Healthcare, Primary Industry, and More), and Region (Asia-Pacific, Europe, Middle East and Africa, North America, South America, and Rest of World). The Market Forecasts are Provided in Terms of Value (USD).

Key information about Luxembourg Motor Vehicles Sales Growth

• Luxembourg Motor Vehicles Sales grew 4.4 % in Dec 2019, compared with a growth of 0.0 % in the previous year.
• Luxembourg Motor Vehicles Sales Growth rate is updated yearly, available from Dec 2006 to Dec 2019, with an average growth rate of 0.1 %.
• The data reached an all-time high of 9.2 % in Dec 2016 and a record low of -11.9 % in Dec 2009.
• Car Sales of Luxembourg recorded 60,239.0 units in Dec 2019.

According to Cognitive Market Research, the global cross-border e-commerce market size is USD 791542.2 million in 2024 and will expand at a compound annual growth rate (CAGR) of 30.50% from 2024 to 2031.

North America held the major market of more than 40%of the global revenue with a market size of USD 316616.88million in 2024 and will grow at a compound annual growth rate (CAGR) of 28.7%from 2024 to 2031.
Europe accounted for a share of over 30% of the global market size of USD 237462.66million.
Asia Pacific held the market of around 23% of the global revenue with a market size of USD 182054.71million in 2024 and will grow at a compound annual growth rate (CAGR) of 32.5%from 2024 to 2031.
Latin America's market will have more than 5% of the global revenue with a market size of USD 39577.11million in 2024 and will grow at a compound annual growth rate (CAGR) of 29.9%from 2024 to 2031.
Middle East and Africa are the major markets of around 2% of the global revenue with a market size of USD 15830.84 million in 2024 and will grow at a compound annual growth rate (CAGR) of 30.2%from 2024 to 2031.
The Credit/Debit Cards held the highest Cross border E commerce market revenue share in 2024.

Key Drivers of Cross border E commerce Market

Increasing Internet Penetration and Smartphone Adoption to Increase the Demand Globally

One of the key drivers in the cross-border e-commerce market is the increasing internet penetration and smartphone adoption worldwide. As more people gain access to the internet and smartphones, the potential customer base for online shopping expands, leading to a surge in cross-border e-commerce activities. The convenience of shopping online from international retailers, coupled with the availability of a wide range of products and competitive prices, has fueled the growth of cross-border e-commerce. Moreover, the ease of payment through digital wallets and online payment platforms has further facilitated cross-border transactions. This trend is expected to continue as internet infrastructure improves and smartphone technology becomes more affordable, driving the growth of cross-border e-commerce.

Growing Preference for Global Brands and Product Variety to Propel Market Growth

Another key driver in the cross-border e-commerce market is the growing preference among consumers for global brands and a wider variety of products. Cross-border e-commerce allows consumers to access products that may not be available in their local markets, giving them access to a broader selection of goods from around the world. This has led to an increase in demand for international brands and niche products that cater to specific interests and preferences. Additionally, cross-border e-commerce offers consumers the opportunity to compare prices and quality across different markets, empowering them to make informed purchasing decisions. As a result, retailers are increasingly focusing on expanding their product offerings and improving the shopping experience for cross-border shoppers, driving the growth of cross-border e-commerce.

Restraint Factors Of Cross border E commerce Market

Complex Regulatory Environment to Limit the Sales

One of the key restraints in the cross-border e-commerce market is the complex regulatory environment governing international trade and e-commerce. Different countries have varying regulations and policies regarding taxes, customs duties, import/export restrictions, and consumer protection laws, which can create barriers for cross-border e-commerce businesses. Adhering to these regulations can be challenging for e-commerce companies, especially smaller businesses that may not have the resources to navigate the complexities of international trade laws. This can result in delays, additional costs, and legal issues, limiting the growth of cross-border e-commerce.

Logistics Challenges and High International Shipping Costs

A major restraint in the cross-border e-commerce market is the inefficiency and high cost of international logistics. Delivering products across borders involves dealing with multiple carriers, customs delays, varying delivery standards, and return complications—all of which increase the total shipping time and expense. For consumers, this often translates into higher prices and uncertainty around delivery timelines, which can discourage repeat purchases. For sellers...

Key information about Ukraine Motor Vehicles Sales Growth

• Ukraine Motor Vehicles Sales grew 13.4 % in Dec 2024, compared with a growth of 61.8 % in the previous year.
• Ukraine Motor Vehicles Sales Growth rate is updated yearly, available from Dec 2006 to Dec 2024, with an average growth rate of -50.6 %.
• The data reached an all-time high of 61.8 % in Dec 2023 and a record low of -71.6 % in Dec 2009.
• Car Sales of Ukraine recorded 83,764.0 units in Dec 2024.

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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 open-source retail

Companies around the world rely on Euromonitor to identify growth opportunities and influence strategic planning. Providing a wealth of standardised and cross-comparable statistics across 99 countries, Euromonitor's Tobacco market research supports critical decision making with data and analysis at the country, region and global level.

Inform market entry strategies - Assess category growth at the lowest level to help benchmark the most attractive countries for growth, cluster markets that have similar trends and forecast how category performance will change in the future.

Examine distribution trends - Explore the full range of potential channels to maximise revenue and explore the omni-channel dynamics within each product category

Benchmark competition - Measure performance of multi-nationals and local brands and set realistic growth targets by understanding your company share and growth relative to competitors globally, regionally and by country, providing context and direction to how you allocate resources.

Identify whitespace opportunities - Uncover gaps in the market, analyse best practices of competitors and stay up to date with trends around the world to help identify and exploit opportunities for growth.

Product coverage: Cigarettes, Cigars, Cigarillos, & Smoking Tobacco, Smokeless Tobacco, E-Vapor Products & Heated Tobacco.

Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.

Why buy this Data? Get a detailed picture of the Tobacco market; Pinpoint growth sectors and identify factors driving change; Understand the market’s major players and leading brands; Use five-year forecasts to assess how the market is predicted to develop.

Amongst the leading active apparel companies, worldwide sales of lululemon are forecast to grow by around **** percent over the twelve months following December 31, 2024. Sales of FILA are forecast to decrease by almost ***** percent.

Key information about Belgium Motor Vehicles Sales Growth

• Belgium Motor Vehicles Sales dropped 5.6 % in Dec 2024, compared with a growth of 28.6 % in the previous year.
• Belgium Motor Vehicles Sales Growth rate is updated yearly, available from Dec 2006 to Dec 2024, with an average growth rate of 4.8 %.
• The data reached an all-time high of 28.6 % in Dec 2023 and a record low of -20.6 % in Dec 2020.
• Car Sales of Belgium recorded 524,180.0 units in Dec 2024.

Key information about Austria Motor Vehicles Sales Growth

• Austria Motor Vehicles Sales grew 6.0 % in Dec 2024, compared with a growth of 14.0 % in the previous year.
• Austria Motor Vehicles Sales Growth rate is updated yearly, available from Dec 2006 to Dec 2024, with an average growth rate of 2.2 %.
• The data reached an all-time high of 14.0 % in Dec 2023 and a record low of -20.1 % in Dec 2022.
• Car Sales of Austria recorded 295,852.0 units in Dec 2024.

Companies around the world rely on Euromonitor to identify growth opportunities and influence strategic planning. Providing a wealth of standardised and cross-comparable statistics across 99 countries, Euromonitor's Beauty & Personal Care market research supports critical decision making with data and analysis at the country, region and global level.

Inform market entry strategies - Assess category growth at the lowest level to help benchmark the most attractive countries for growth, cluster markets that have similar trends and forecast how category performance will change in the future.

Examine distribution trends - Explore the full range of potential channels to maximise revenue and explore the omni-channel dynamics within each product category

Benchmark competition - Measure performance of multi-nationals and local brands and set realistic growth targets by understanding your company share and growth relative to competitors globally, regionally and by country, providing context and direction to how you allocate resources.

Identify whitespace opportunities - Uncover gaps in the market, analyse best practices of competitors and stay up to date with trends around the world to help identify and exploit opportunities for growth.

Product coverage: Baby and Child-specific Products, Bath and Shower, Colour Cosmetics, Deodorants, Depilatories, Dermocosmetics Beauty and Personal Care, Fragrances, Hair Care, Mass Beauty and Personal Care, Men's Grooming, Oral Care, Oral Care Excl Power Toothbrushes, Premium Beauty and Personal Care, Prestige Beauty and Personal Care, Skin Care, Sun Care.

Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.

Why buy this data? Get a detailed picture of the Beauty and Personal Care market; Pinpoint growth sectors and identify factors driving change; Understand the market’s major players and leading brands; Use five-year forecasts to assess how the market is predicted to develop.

Companies around the world rely on Euromonitor to identify growth opportunities and influence strategic planning. Providing a wealth of standardised and cross-comparable statistics across 99 countries, Euromonitor's Consumer Health market research supports critical decision making with data and analysis at the country, region and global level.

Inform market entry strategies - Assess category growth at the lowest level to help benchmark the most attractive countries for growth, cluster markets that have similar trends and forecast how category performance will change in the future.

Examine distribution trends - Explore the full range of potential channels to maximise revenue and explore the omni-channel dynamics within each product category

Benchmark competition - Measure performance of multi-nationals and local brands and set realistic growth targets by understanding your company share and growth relative to competitors globally, regionally and by country, providing context and direction to how you allocate resources.

Identify whitespace opportunities - Uncover gaps in the market, analyse best practices of competitors and stay up to date with trends around the world to help identify and exploit opportunities for growth.

Product coverage: Analgesics, Cough, Cold & Allergy Hay Fever Remedies, Dermatologicals, Dietary Supplements, Digestive Remedies, Herbal & Traditional Products, Paediatric Consumer Health, Sports Nutrition, Vitamins, Weight Management & Wellbeing, Wound Care

Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.

Why buy this Data? Get a detailed picture of the Consumer Health market; Pinpoint growth sectors and identify factors driving change; Understand the market’s major players and leading brands; Use five-year forecasts to assess how the market is predicted to develop.

Snapshot img

Franchise Market Size 2025-2029

The franchise market size is valued to increase by USD 501.6 billion, at a CAGR of 9.6% from 2024 to 2029. Rise in number of restaurants and hotels worldwide will drive the franchise market.

Market Insights

North America dominated the market and accounted for a 46% growth during the 2025-2029.
By Type - Business format franchise segment was valued at USD 154.80 billion in 2023
By Application - Hotels segment accounted for the largest market revenue share in 2023

Market Size & Forecast

Market Opportunities: USD 171.55 billion 
Market Future Opportunities 2024: USD 501.60 billion
CAGR from 2024 to 2029 : 9.6%

Market Summary

The market continues to evolve globally, driven by the increasing number of restaurants and hotels worldwide. This expansion is fueled by innovation in in-store retailing and the growing demand for consistent brand experiences. Franchisees seek to optimize their supply chains to maintain quality and efficiency, while adhering to strict brand guidelines. For instance, a global fast-food chain may face challenges in ensuring uniformity across its franchised locations, from menu offerings to operational procedures. Implementing advanced technology solutions, such as digital menus and standardized training programs, can help maintain brand consistency and improve overall customer experience.
Moreover, franchises must navigate complex regulatory environments and comply with various industry standards. Adhering to these regulations can be time-consuming and costly, but failure to do so can result in reputational damage and potential legal issues. In conclusion, the market is characterized by its global reach, innovation, and the need for operational efficiency and brand consistency. Franchisees must navigate a complex landscape of supply chain optimization, regulatory compliance, and technological innovation to thrive in this competitive industry.

What will be the size of the Franchise Market during the forecast period?

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The market continues to evolve, with recent research indicating a significant increase in franchisors adopting technology to streamline operations and enhance customer experience. This growth is driven by the increasing popularity of franchising as a business model, offering benefits such as established brand identity, proven business systems, and reduced risk. Compliance is a critical area of focus for franchisors, with stringent regulations governing franchise agreements and operations. Franchisors must ensure adherence to legal frameworks and compliance standards to mitigate risks and maintain a strong brand reputation.
For instance, franchisors are increasingly investing in contract management systems to streamline the agreement process and ensure consistency across franchisees. Moreover, franchisors are leveraging data-driven decisions to optimize franchise relations, marketing campaigns, and sales growth. For example, franchisees can access real-time sales data to identify trends and adjust their strategies accordingly. This data-driven approach enables franchisors to provide better support services, foster stronger relationships, and drive operational improvements. In conclusion, the market's continuous evolution presents both opportunities and challenges for franchisors. By focusing on areas such as technology adoption, compliance, and data-driven decision-making, franchisors can stay competitive and drive growth in an increasingly dynamic business landscape.

Unpacking the Franchise Market Landscape

In the dynamic world of franchising, businesses seek to optimize their operations through strategic partnerships. Franchisees benefit from established brand guidelines, comprehensive training programs, and marketing support. According to industry data, franchises exhibit a 97% success rate compared to 15% for independent businesses. Initial franchise fees, a significant investment, are offset by renewal fees and contributions to advertising funds, ensuring consistent brand awareness and customer loyalty. Effective contract negotiation and profit sharing arrangements align business objectives. Franchisees also gain access to performance metrics, operational efficiency improvements, and franchisee support. Risk management, customer satisfaction, and brand consistency are enhanced through franchise networks and technology integration. With a well-structured business model, franchises penetrate markets more efficiently, achieving sales targets and ensuring legal compliance. Inventory management, financial reporting, and supply chain management further streamline operations, contributing to overall operational efficiency and profitability.

Key Market Drivers Fueling Growth

The global market is significantly driven by the increasing number of restaurants and hotels in operation worldwide.

According to recent data, globally the market for edible groceries grew by *** percent in the post-COVID-19 period in 2020. The growth for edible groceries varied worldwide, from an impressive *** percent in the United States to a humble *** percent in the United Kingdom (UK).

The global International Mobile Roaming Services Market is projected to reach a valuation of approximately USD 100 billion by 2033, growing at a compound annual growth rate (CAGR) of 5.8% from 2025 to 2033.

The British luxury company Burberry registered ***** percent growth in its comparable sales in the third quarter of the company's fiscal year 2021/22, which runs from April to March of each year. Compared to the same quarterly period of the previous year, Burberry saw higher growth in its full-price sales, increasing by ** percent.