Malaysia Retail Market is Segmented by Products (Food, Beverage, and Tobacco Products, Personal Care and Household Care, and Other), Retail Channel (Traditional Mom and Pop Retail, Modern Trade Retail, and E-Commerce and Others), Format (Hypermarkets, Supermarkets, and Other). The Market Forecasts are Provided in Terms of Value (USD).

Retail Sales in Malaysia increased 7 percent in September of 2025 over the same month in the previous year. This dataset provides - Malaysia Retail Sales YoY- actual values, historical data, forecast, chart, statistics, economic calendar and news.

In 2024, the retail trade sector in Malaysia was estimated to contribute around *** percent to the country’s gross domestic product (GDP). The contribution from this sector has increased by *** percent over the past two years, following the decline in the retail trade industry’s contribution experienced in 2021. Retail market expects more growth the inflation rate in the country, which caused the prices of consumer goods to increase. Nevertheless, as the inflation rate was expected to moderate in 2025, this could positively impact the retail trade sector in the next few years. Offline stores dominate retail sales Despite the availability and convenience of online stores, Malaysian consumers still indicated in a 2023 survey that they market share of FMCG sales channels in the country, with a share of more than ** percent in 2024.

In Malaysia Retail Market is projected to grow from USD 2.3 trillion in 2025 to USD 3.7 trillion by 2031, at a CAGR of 8.2%

Discover the booming Malaysian retail market! This in-depth analysis reveals a $89.66 million industry poised for 5.94% CAGR growth (2025-2033), driven by e-commerce and consumer spending. Explore key players, segments (food & beverage, electronics, apparel), and regional trends impacting this dynamic sector. Recent developments include: In December 2020, Robinson & Co., one of the leading global department store operators, exited the Malaysian market following its inability to continue operations due to weak demand due to the COVID-19 pandemic.. Notable trends are: Food and Beverages Segment has been Contributing a Major Share to the Market Revenue.

The Retail Market is Segments by Product Type (Food, Beverage, and Grocery, Personal and Household Care, Apparel, Footwear and Accessories, and More), by Distribution Channel (Supermarkets/Hypermarkets, Convenience and Discount Stores, Specialty Stores, and More), and by Geography (North America, Europe, Asia-Pacific, and More). The Market Forecasts are Provided in Terms of Value (USD).

Key information about Malaysia Retail Sales Growth

• Malaysia Retail Sales grew 12.9 % YoY in Apr 2023, compared with a 17.7 % increase in the previous month.
• Malaysia Retail Sales Growth YoY data is updated monthly, available from Jan 2014 to Apr 2023, with an average growth rate of 9.2 %.
• The data reached an all-time high of 56.4 % in Apr 2021 and a record low of -32.4 % in Apr 2020.
• In the latest reports, Car Sales of Malaysia recorded 61,795.0 units in May 2023, representing a growth of 22.0 %.

Malaysian Retail Market size was valued at USD 89.66 Billion in 2024 and is projected to reach USD 146.75 Billion by 2032, growing at a CAGR of 5.94% from 2026 to 2032.

Malaysian Retail Market Drivers

Rising Disposable Income and Expanding Middle Class: As the Malaysian economy grows, an increasing number of households have higher disposable incomes, leading to greater consumer spending on retail goods and services. The expanding middle class further fuels this demand for a wider variety of products. Urbanization: The continuous migration of people from rural to urban areas concentrates purchasing power in cities, leading to the growth of modern retail formats like shopping malls, hypermarkets, and convenience stores. Urban dwellers also tend to have different consumption patterns and a higher demand for convenience. E-commerce Growth and Digitalization: The increasing internet penetration and smartphone usage have led to a significant rise in online shopping. This provides retailers with new channels to reach consumers, expand their market, and offer greater convenience, driving overall retail market growth. Mobile payments and digital wallets further facilitate online transactions. Government Initiatives and Support: The Malaysian government supports the retail sector through various initiatives aimed at boosting domestic consumption, attracting tourism, and promoting digitalization among SMEs in the retail space. Cultural and Festive Spending: Malaysia's diverse cultural landscape and numerous festivals throughout the year result in significant spending on retail goods, particularly food, apparel, and gifts, during these periods. Events like Chinese New Year and Ramadan significantly boost retail sales.

In 2023, the retail value or consumer spending on food service market in Malaysia amounted to around ***** billion U.S. dollars, an increase compared to the previous year. The sales value of food service in Malaysia was forecasted to increase and reach more than ** billion U.S. dollars by 2028.

This timeline shows a forecast for Malaysia's retail sales from 2008 to 2016. It is forecasted that Malaysia's retail sales will amount to about ****** billion U.S. dollars in 2015.Malaysian retail marketPotential for future retail growth in Malaysia resides in the platform of online shopping. In the fourth quarter of 2015, comparison of global markets with the highest online shopping penetration rates shows that the Malaysian retail sector has considerable room for growth. While the United Kingdom and Germany had penetration rates of ** and ** percent respectively, Malaysia’s online penetration rate was ** percent. The lower online penetration rate in Malaysia is a possible factor in H&M’s decision to increase the number of new stores in recent years as they seek to expand their presence in the growing retail sector. According to the number of new opening of the H&M Group stores worldwide from 2009 to 2015, Malaysia had ** new stores in both 2014 and 2015. This is a considerable increase from the total of * new stores between 2009 and 2013. Moreover, the number of stores is high considering the size of the other markets such France H&M is increasing with a larger number of stores, suggesting a preference for retail market conditions in Malaysia.

According to the Global Retail Development Index, Malaysia holds a relatively high degree of retail market attractiveness. This is in part due to the steady growth in sales seen since 2010 which is expected to continue until at least 2018 as seen in the statistic above. However, the Malaysian retail sector is considered to be a relatively high risk market when compared with similar markets around the world. The Global Retail Development Index ranked Malaysia as the second riskiest retail market among the markets included in their index. This may be in part due to the relatively high degree of market saturation in the retail sector.

In Malaysia Smart Retail Market, offering valuable insights, key market trends, competitive landscape, and future outlook to support strategic decision.

In Malaysia Retail Automation Market, The rise of e-commerce, the demand for personalized shopping experiences, and the need for efficient supply chain management have fueled the adoption of retail automation technologies.

In 2024, there were more than **** million people employed in the wholesale and retail trade industry in Malaysia. This was an increase from around **** million people employed in the previous year. Employment in wholesale and retail trade in the country has been increasing every year.

Malaysia Retail Analytics Market growth is driven by increasingly digital and customer-centric, data analytics will be a key driver in enabling agility, personalization, and profitability across the sector.

Verdict Retail’s, "Health and Beauty Retail Sales (Channel and Segment Analytics) in Malaysia to 2020" combines retail sales of fragrances, hair care, make-up, oral hygiene, over-the-counter healthcare, personal hygiene, and skincare and sun care within the Health & Beauty (Personal Care Products) category, However, excluding Prescription drug sales. "Health and Beauty Retail Sales (Channel and Segment Analytics) in Malaysia to 2020" report is the result of Verdict Retail’s extensive market research covering the retail industry in Malaysia. It provides detailed historic and forecast statistics on Retail Sales from 2010 to 2020 for each category at segment level and channel groups (Value Retailers, General Retailers, Specialist Retailers and Online). The report acts as an essential tool for companies active across the Malaysia’s Retail industry and for new players considering entering the market. The comprehensive statistics within the report provides insight into the operating environment of the market and also ensures right business decision making based on historical trends and industry model based forecasting. This is an on-demand report and will be delivered within 2 working days (excluding weekends) of the purchase. Read More

The Malaysia Domestic CEP Market Report is Segmented by Business Model (Business-To-Business [B2B], Business-To-Customer [B2C], Customer-To-Customer [C2C], and Business-To-Consumer [B2C]), Type (E-Commerce and Non-E-Commerce), and End User (Service, Wholesale and Retail Trade, Healthcare, Industrial Manufacturing, and Other End Users). The Report Offers the Market Size and Forecasts in Value (USD) for all the Above Segments.

In Malaysia Retail Pharmacy Market is projected to grow from USD 347.5 billion in 2025 to USD 562.1 billion by 2031, at a CAGR of 8.3%

In 2023, the average monthly salary for employees in the wholesale and retail trade industry in Malaysia was ***** Malaysian ringgit. Employees in this sector include those working in the repair of motor vehicles and motorcycles. In that year, employees in the wholesale and retail trade industry had a monthly average salary that was lower than the national average.

Malaysia Web3 in Retail Market is projected to grow around USD 14.8 billion by 2031, at a CAGR of 29.4% during the forecast period.

Malaysia Retail Edge Computing Market is projected to grow around USD 1.9 billion in 2025 to USD 7.6 billion by 2031, at a CAGR of 25.7% during the forecast period.