German food retailer Schwarz Group was Europe’s leading retailer in 2021. The company, which operates the Lidl and Kaufland branches, generated approximately 153.75 billion U.S. dollars worth of sales worldwide. Food retailers dominate the list, with the only exceptions being French luxury apparel company LVMH, and Swedish furniture company IKEA.

Schwarz Group in Germany In 2021, Schwarz Group generated a gross revenue of 48.4 billion euros in Germany alone. Lidl, which is known as a discounter grocery store, accounted for 29.7 billion in revenue, approximately 61 percent of total sales. The rest was accounted for by Kaufland, a hypermarket known for its bulk buying options and deals. Lidl has almost doubled its revenue from a decade ago, when it generated 15.8 billion euros in 2011. The discounter has also more than doubled its headcount in the same time period, employing over 211 thousand people in 2021. In that year, Lidl had 3,242 stores in Germany.

Food retail companies in Europe In 2022, Schwarz Group remained the leading food retail company in Europe with worldwide revenue of 156.84 billion euros. British supermarket chain Tesco and German food retailer Rewe Group followed in second and third place respectively. The food market is huge and growing, with a projected annual growth rate of 8.74 in 2023.

This statistic shows the grocery market size of selected European countries in 2017 and a forecast for their values in 2022. The sales in the grocery retail market in Russia from 2017 accounted for 283.92 billion Euro. The forecast shows that the sales in the grocery market for 2022 for Russia are expected to jump to 359.42 billion Euro.

The Report Covers Retail Analytics Companies and the Market is Segmented by Mode of Deployment (On-Premises, On-Demand), Type (Solutions, Services), Module Type (Strategy & Planning, Marketing, Financial Management, Store Operations, Merchandising, Supply Chain Management), Business Type (Small & Medium Enterprises, Large-Scale Organizations), and Country (United Kingdom, Germany, France, Others). The Market Sizes and Forecasts are Provided in Terms of Value (USD) for all the Above Segments.

In 2023, Amazon held a staggering share of 54 percent of the digital retail media market in Europe, based on advertising revenue. The first domestic network in the ranking belonged to Zalando, an apparel and beauty retailer from Germany, at place three, with a market share of five percent. European digital retail media market was estimated at 11.6 billion U.S. dollars or 10.5 billion euros in 2023.

This ranking presents five of the largest apparel retail markets in Europe in 2014. Germany ranked as the leading apparel market, with a retail market value of over 734 billion U.S. dollars.

Largest European retail market makes a strong comeback after economic crisis Consumers are looking for value and convenience Retailers are using innovative methods to retain customers Hypermarkets, supermarkets and hard-discounters will continue to dominate, while the online channel will post a double digit growth during the forecast period Demand for organic products to positively influence growth of food and grocery retailing in Germany Read More

In 2023, Germany was the largest digital retail media market in Europe, with advertising revenues of 1.71 billion U.S. dollars or roughly 1.55 billion euros (at December 2023 exchange rates). United Kingdom and France followed with 1.4 billion and 795 million dollars, respectively. Poland was the largest market from Central and Eastern Europe, ranked seventh, with a digital media ad revenue of 201 million dollars.

Revenue in Europe’s food retailing industry is expected to slump at a compound annual rate of 7.7% to €100.8 billion in the five years through 2024. Growing competition from supermarkets is driving consumers away from the industry, as supermarkets offer much more competitively priced meat, fish, bread and fresh fruit and vegetables. The industry is susceptible to changes in household disposable income, which has been eroded throughout Europe over 2023 and 2024 as inflationary pressures plague consumers' pockets. Ever-growing health consciousness has proved unfavourable for much of the industry, as many consumers cut back on their consumption of red meat and baked goods to balance out their diet. This contributes heavily to the industry’s expected decline of 7.4% in 2024. Increases in fish, fruit and vegetable consumption have somewhat offset this slump in industry revenue. The industry has introduced various strategies to keep up with changes in tastes and preferences, with butchers introducing less fatty meat options and bakeries stocking vegan and gluten-free baked goods. Revenue is anticipated to contract at a compound annual rate of 1.4% in the five years through 2029 to €94.1 billion. Supermarkets will continue to pick away at the industry, as they expand into specialised food sections within their stores, with major supermarkets introducing butchers, fishmongers and freshly baked goods in their stores.

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Retail Analytics Market Size 2024-2028

The retail analytics market size is forecast to increase by USD 21.6 billion at a CAGR of 28.1% between 2023 and 2028.

The market is experiencing significant growth due to the increasing volume and complexity of data generated by retail businesses. This data provides valuable insights into consumer behavior, inventory management, and operational efficiency. Another key trend is the increasing adoption of artificial intelligence and inventory robots in the retail sector to analyze customer preferences, optimize pricing, and personalize marketing efforts. 
However, privacy and security concerns of customers remain a challenge, as retailers must ensure that customer data is protected while still providing personalized experiences. To address this, retailers are investing in advanced security measures and transparent data handling practices. Overall, the market is poised for continued growth as retailers seek to gain a competitive edge through data-driven insights.

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The market is experiencing significant growth due to the increasing adoption of big data, data mining, and artificial intelligence (AI) technologies to gain business insights from customer behavior patterns and preferences in both physical retail stores and virtual stores, including e-commerce platforms. 
Retailers are leveraging data analytics to optimize product inventory management, shelf space allocation, and assortment planning, minimizing out-of-stock situations and reducing product obsolescence. AI-driven solutions enable micro-level analysis of multi-channel order performance, supply chain processes, and shelf space management. Blockchain technology is also gaining traction in the retail sector for secure data sharing and enhanced transparency in supply chain movements and inventory levels.
Procurement levels, marketing decisions, product recommendations, pricing strategy, and promotional campaigns are among the various areas where retail analytics plays a crucial role in driving operational efficiency and enhancing customer satisfaction.

How is this Retail Analytics Industry segmented and which is the largest segment?

The retail analytics 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.

Application

  In-store operation
  Customer management
  Supply chain management
  Marketing and merchandizing
  Others


Component

  Software
  Services


Geography

  North America

    US


  Europe

    Germany
    UK


  APAC

    China
    India


  Middle East and Africa



  South America

By Application Insights

The in-store operation segment is estimated to witness significant growth during the forecast period.

The market encompasses the utilization of big data, data mining, and business insights to optimize retail operations across various channels. This includes physical retail stores, virtual stores, e-commerce platforms, mobile apps, and online grocery shopping. Retailers employ customer-level analytics for understanding customer behavior patterns, sales performance, and preferences. Advanced technologies such as artificial intelligence (AI), machine learning, and self-learning computer algorithms are used to analyze data and provide real-time assistance. Retailers focus on inventory management, including product inventory management, shelf space allocation, micro-level analysis, assortment planning, and out-of-stock situations. They also address obsolescence, multi-channel order performance, and supply chain processes.

Real-time data analysis is crucial for managing inventory levels, procurement levels, pricing strategies, and marketing decisions. Retailers use customer personas and data privacy regulations to ensure customer satisfaction and loyalty. Retail analytics plays a significant role in Industry 4.0, digital transformation, and real-time data analysis. It enables predictive learning algorithms, demand forecasting, and visualization for effective inventory management and pricing strategies. Large enterprises in finance, sales and marketing, and supply chain sectors benefit from retail analytics, along with retail chains and merchandising teams for strategy and planning, staff management, and pricing management.

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The In-store operation segment was valued at USD 1.03 billion in 2018 and showed a gradual increase during the forecast period.

Regional Analysis

North America is estimated to contribute 30% to the growth of the global market during the forecast period.

Technavio's analysts have el

The Sporting Equipment Retailing industry’s revenue is forecast to fall at a compound annual rate of 2.7% over the five years through 2024 to €76.7 billion, including an estimated dip of 4.3% in 2024. Despite the closure of most retail stores in 2020 due to the COVID-19 pandemic driving down sales, a recent surge in health and body consciousness across Europe has driven up demand for sporting equipment. Countries such as the Czech Republic have seen a spike in sports participation, creating a greater need for sporting equipment and offering retailers an opportunity to capitalise on a widening market. At the same time, major sports events (like the FIFA World Cup and the European Championships) and regional football leagues like France's Ligue 1 and the UK’s Premier League continue to spark consumer interest in sports merchandise, despite rising inflation. However, physical retailers are having to fight hard to stay relevant in the digital era, with competition from online retailers climbing. Notably, companies selling bicycles have struggled, especially in Germany, where companies like Canyon have opted to sell their products directly to customers online, cutting retailers out. Still, growing fitness consciousness and a preference for online shopping have created new opportunities for sporting equipment retailers that have been able to adapt. Revenue is slated to grow at a compound annual rate of 2.6% over the five years through 2029 to €87.2 billion, while the average industry profit margin is also expected to swell. Online retailers will continue to challenge traditional bricks-and-mortar stores by providing a platform for easy price comparison and access to a broad range of products. Leading brands like Adidas, JD Sports and Decathlon are responding by transforming their digital commerce strategies, expanding their click-and-collect and delivery services. Retailers will also need to adapt to growing sustainability awareness, with rising green concerns driving retailers to launch sustainable private labels to keep sales coming in. For example, Finish retailer Intersport started selling sustainability-focused products under its Green Series label in 2022, driving up profitability due to their higher price point.

The Retail Industry Report is Segmented by Products (Food, Beverages, and Grocery, Personal and Household Care, Apparel, Footwear and Accessories, Furniture, Toys and Hobby, Electronic and Household Appliances, and Other Products), by Distribution Channel (Supermarkets/Hypermarkets, Convenience Stores, and Department Stores, Specialty Stores, Online, and Other Distribution Channels), and by Geography by (North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa). The Report Offers Market Size and Forecasts for the Retail Market in Value (USD) for all the Above Segments.

Department store revenue is expected to drop at a compound annual rate of 5.7% over the five years through 2024. Department stores were once hailed as a one-stop shop and a shopper's favourite, but the retail landscape has changed. Department stores have been slow to keep up with what's in vogue and shoppers' need for instant gratification, losing sales to e-tailers and fast-fashion brands. Some department stores have successfully adopted new strategies to fend off competition, like by rolling out in-house bars, cafes and restaurants for shoppers to rest and refuel or by introducing beauty bars for a quick pick-me-up. Nonetheless, price competition remains intense as income pressures remain evident. In 2024, revenue is slated to fall by 5.1% to €181.9 billion, while the average profit margin is set to be 6.6%. Department store revenue is forecast to inch downwards at a compound annual rate of 0.9% over the five years through 2029 to €174 billion. Competition will remain fierce and department stores will need to adapt to survive. The outdated retail-only business model no longer resonates with mindful consumers, who crave experiences and community. Social media continues to become ever-more prevalent and the power influencers will only grow, making social commerce a top priority. Sustainability has become more than just a buzzword, particularly in light of the European Parliament’s fight against fast fashion, so department stores will need to improve their green credentials to stay in demand. Meanwhile, demographic trends will push digitisation in department stores.

In 2023, Amazon was the largest digital retail media network in Europe, having generated 3.6 billion U.S. dollars in advertising revenue. The first domestic network in the ranking belonged to Zalando, an apparel and beauty retailer from Germany, on place three, with an ad revenue of approximately 305 million dollars. European digital retail media market was estimated at 11.6 billion U.S. dollars or 10.5 billion euros in 2023.

This statistic shows the revenues of the leading companies in the food retail sector in Europe in 2024. The Schwarz Group, which includes Lidl and Kaufland, was the best-performing food retailer in Europe, having generated a gross revenue of around 186 million euros.

The retail analytics market is experiencing robust growth, projected to reach $8.82 billion in 2025 and exhibiting a remarkable Compound Annual Growth Rate (CAGR) of 28.1% from 2025 to 2033. This expansion is fueled by several key drivers. The increasing adoption of omnichannel strategies necessitates sophisticated analytics to understand customer behavior across various touchpoints. Furthermore, the rising demand for personalized customer experiences pushes retailers to leverage data-driven insights for targeted marketing campaigns and improved customer relationship management (CRM). Supply chain optimization, another major driver, is leveraging retail analytics to improve efficiency, reduce costs, and enhance responsiveness to changing market conditions. The market is segmented by application (in-store operations, customer management, supply chain management, marketing and merchandising, and others) and component (software and services). Software solutions are gaining prominence due to their ability to process large datasets and provide actionable intelligence, while service offerings provide implementation, integration, and support services. Leading players like Salesforce, Microsoft, and Amazon are strategically positioning themselves to capitalize on this market opportunity through product innovation, partnerships, and acquisitions. The competitive landscape is dynamic, with companies focusing on expanding their solutions' functionality, enhancing analytical capabilities, and developing advanced AI-powered solutions. The geographical distribution of the market reflects the varying levels of technological adoption and retail maturity across regions. North America currently holds a significant market share, owing to the early adoption of advanced analytics and the presence of major retail players. However, the Asia-Pacific region is expected to exhibit high growth potential in the coming years, driven by increasing e-commerce penetration and digital transformation initiatives. Europe and other regions are also experiencing steady growth, albeit at a potentially slower pace compared to the APAC region. Despite this promising outlook, challenges such as data security concerns, the need for skilled analytical professionals, and the complexities of integrating diverse data sources pose potential restraints to market growth. Future growth will depend on overcoming these challenges and continuing innovation in retail analytics technology.

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Home Textile Retail Market Size 2025-2029

The home textile retail market size is forecast to increase by USD 74.7 billion, at a CAGR of 6.6% between 2024 and 2029.

The market is experiencing significant growth, driven by key trends such as innovation and portfolio extension leading to premiumization. companies are expanding their distribution channels to cater to the increasing consumer demand. However, the market is also facing challenges, including the volatility of raw material prices. These price fluctuations can impact the profitability of retail vendors and manufacturers. To remain competitive, companies are focusing on product innovation and diversification, as well as implementing cost-effective sourcing strategies. Additionally, the use of sustainable fabrics and eco-friendly materials is gaining popularity among consumers, making it essential for retailers to adapt to this trend. Overall, the market is expected to continue its growth trajectory, with companies leveraging these trends and addressing challenges to capitalize on the opportunities presented.

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The market encompasses a wide range of products, including bed linen, bath linen, kitchen linen, upholstery, and floor coverings, catering to modern homes and homeowners seeking to enhance their interior design and house decoration. The real estate industry plays a significant role in driving demand for home textiles, as affluent consumers and millennials increasingly prioritize personalized, internationally inspired designs for their living spaces.
The home textile industry offers various product categories, from furnishing fabrics to eco-friendly and synthetic fiber options, woven, knitted, or crocheted. Specialty stores and foreign brands dominate the organized retail sector, while e-commerce platforms continue to gain popularity. Eco-friendly and blend fiber products are emerging trends, reflecting consumers' growing awareness of sustainability and unique textures. Overall, the home textile market is a dynamic and evolving industry that caters to diverse consumer preferences and housing trends.

How is this Home Textile Retail Industry segmented and which is the largest segment?

The home textile 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.

Distribution Channel

  Offline
  Online


Product

  BBO
  Bed linen
  Carpets and rugs
  Upholstery
  Others


Geography

  APAC

    China
    India
    Japan
    South Korea


  North America

    Canada
    US


  Europe

    Germany
    UK
    France
    Italy


  Middle East and Africa



  South America

By Distribution Channel Insights

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

Home textile products, including bath linens, kitchen linens, bed linens, and bedspreads, as well as curtains, are predominantly sold through offline distribution channels. Retail formats, such as specialty stores, hypermarkets, department stores, convenience stores, supermarkets, and warehouse clubs, dominate the global market. Consumers seek personalized home textile products, leading to increased demand. These retail channels generate a substantial portion of the market revenue. The offline distribution channel holds a significant market share, with retail formats being the primary contributors.

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The offline segment was valued at USD 145.90 billion in 2019 and showed a gradual increase during the forecast period.

Regional Analysis

APAC is estimated to contribute 35% to the growth of the global market during the forecast period.

Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

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The Asia Pacific region presents a substantial opportunity for international home textile brands to expand their reach in emerging economies, with China, Japan, and India leading the market. China, known for its export of home textiles, is driven by factors such as urbanization, increasing disposable income, and rising fashion consciousness towards home decoration. Urbanization and growing affluence in India and Japan are also contributing to the growth of the market in these countries. Additionally, markets in Thailand, Vietnam, South Korea, Indonesia, and Australia are significant contributors to the APAC home textile market. The region's home textile industry encompasses a wide range of products, including furnishing fabrics,

The demographic trend of an ageing European population is reshaping the retail market for medical supplies, notably due to the increased prevalence of issues like reduced mobility and hearing impairment among seniors. This shift bolsters the sales of medical and orthopaedic supplies across the continent, particularly as seniors become a more significant consumer segment for these products. Traditional pharmacy chains are diversifying into the medical devices sector, offering items like blood pressure monitors at competitive prices and challenging specialised retailers. Online retailers compound the competition with lower-priced offerings attributable to their minimal operational expenses. Major companies are strategically acquiring smaller businesses to enhance their global reach and strengthen their European market standing. These trends underline a robust market environment catering to the senior demographic's needs, with expanding product ranges, competitive pricing and industry consolidation contributing to overall profitability and dynamism within the sector. However, online retailers are capturing a larger market share by offering basic medical supplies at competitive prices and providing a more convenient shopping experience. This shift is leading to a decline in revenue within the traditional medical supply industry. Industry revenue is forecast to decline at a compound annual rate of 5.4% over the five years through 2024 to €373.7 billion, including estimated drop of 3.5% in 2024, while the average industry profit margin is expected to reach 9.5%. A hike in the hearing aid market is likely because of rising healthcare standards. In response, industry trends suggest medical orthopaedic retailers will diversify their offerings and add services like hearing tests to enhance market presence. Retailers are capitalising on the opportunity to facilitate increased hearing aid sales through the provision of comprehensive services, meeting the evolving demands of an ageing population in pursuit of hearing health solutions. Industry revenue is forecast to grow at a compound annual rate of 1.1% over the five years through 2029 to €395.3 billion.

The UK will continue to remain the largest market in 2018, driven by growing traffic to the London Heathrow airport A trend of personalizing shopping experience is gaining momentum in Duty Free retail All duty free stores in Romanian market are set to be closed by 2015 Gebr Heinemann and World Duty Free Group are the leading retailers in the region Read More

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E-Commerce Retail Market Size 2024-2028

The e-commerce retail market size is forecast to increase by USD 4,061.3 billion at a CAGR of 11.2% between 2023 and 2028. The market is witnessing significant growth, driven by the increasing use of digital devices for purchasing everyday basics and luxury items. Headless e-commerce architecture, which separates the front-end presentation layer from the back-end services, is gaining popularity for its flexibility and faster time-to-market. Market trends include the integration of artificial intelligence for personalized shopping experiences and the adoption of augmented reality for enhanced product visualization. Payment gateways and digital wallets are becoming essential features for seamless transactions, while security remains a top priority with the implementation of advanced security features. Strict regulatory policies related to compliance and customer protection further fuel market growth. Overall, the market is poised for continued expansion, driven by technological innovations and evolving consumer preferences.

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

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The market is experiencing significant growth, driven by the increasing popularity of online shopping for daily essentials and luxury products. Smartphones have become the primary device for accessing online platforms, making mobile technologies essential for retailers. Cross-border e-commerce is also gaining traction, enabling consumers to purchase items from different countries. Retail e-commerce includes business-to-business (B2B) and consumer-to-consumer (C2C) transactions. E-commerce platforms are integrating inventory management, order processing, payment integration, mobile applications, and responsive websites to enhance the shopping experience. Digital payment methods, including voice orders and augmented reality, are also becoming increasingly popular. The market's growth is influenced by factors such as internet penetration, convenience shopping, and the availability of computer, smartphone, and tablet devices. Data security is a critical concern for consumers and retailers, necessitating security measures to protect sensitive information. The market is expected to continue its growth trajectory, offering significant opportunities for businesses in the e-commerce sector.

Market Segmentation

The market 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.

Product

  Apparel and accessories
  Groceries
  Footwear
  Personal and beauty care
  Others


Modality

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


Geography

  APAC

    China
    India
    Japan
    South Korea


  North America

    Canada
    US


  Europe

    Germany
    UK
    France
    Italy


  South America



  Middle East and Africa

By Product Insights

The apparel and accessories segment is estimated to witness significant growth during the forecast period. The market, particularly in sectors such as apparel and accessories, is witnessing significant growth due to several factors. Increasing consumer affluence, the trend toward premiumization, and the shift toward organized retail are key drivers of this expansion. In India, the domestic lifestyle industry, which encompasses apparel, beauty, accessories, and footwear, is projected to reach USD 210 billion by 2028. A significant factor fueling this growth is the Gen Z demographic, which is heavily influenced by social media trends and is increasingly turning to online platforms for shopping. This demographic's preference for the latest fashion trends and their willingness to invest in premium products make them a crucial segment for e-commerce retailers. Hybrid marketplaces, which combine elements of both pure marketplaces and traditional retail, are gaining popularity in the e-commerce retail landscape.

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The apparel and accessories segment accounted for USD 1,183.90 billion in 2018 and showed a gradual increase during the forecast period.

Regional Insights

APAC is estimated to contribute 42% to the growth of the global market during the forecast period. Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

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The Asia Pacific region is witnessing significant growth in the market due to innovative hybrid marketplaces and strategic partnerships that facilitate cross-border trade. In Japan, for instance, there is an increasing trend towards pure marketplaces that offer services to assist retailers in managing i

Russia to be largest market in Europe by 2018, while Ukraine will be the fastest growing market Online will be the fastest-growing channel for Food and Grocery retailing in Europe Demand for private label brands in the UK is on a rise, while click and collect services continue to garner demand Rising preference for locally sourced food products in France is observed Read More