The Retail Trade sector entered 2025 on a muted footing, with revenue growth of just 0.2% to reach $7.4 trillion. E-commerce remains a bright spot, with steady mid-single-digit gains in recent years, boosted by younger consumers' strong preference for digital channels. Yet, the sector's gains in digital shopping are balanced by ongoing challenges in discretionary spending, high operating costs and tariffs that threaten earnings. Profit has been pressured by steep price competition online and inflation-related expenses, though essential retailers in sub-sectors like food and health have managed steadier performance. Current efforts around omnichannel strategies, technology-driven efficiencies and sustainability reflect the sector's dual focus: capturing digital momentum while offsetting erosion in traditional store-based sales. Over the current period, the sector's revenue expanded at a modest CAGR of 2.2%, highlighting how the pandemic's volatility gave way to cautious but relatively stable expansion. Revenue streams benefited from major operations like Target, Walmart and Amazon reshaping retail into one-stop ecosystems that blend products and services, diversifying into groceries, healthcare, beauty and wellness. Automation adoption--from self-checkout kiosks to advanced inventory management--helped mitigate rising wage costs and sharpened efficiency, while marketing automation improved customer engagement through more tailored promotions. Still, profit took hits from inflation, heightened competition and consumers trading down to value alternatives amid tightening budgets. Consumer priorities for sustainability have altered market dynamics, leading to investments in resale programs and greener programs. The sector's growth is expected to slow, with revenue climbing at an anticipated 1.3% CAGR through 2030, reaching $7.9 trillion. While consumer disposable income is set to strengthen modestly, fragile sentiment from inflation, tariffs and labor market uncertainty may temper spending power. Technology will be a key driver in reshaping operations and growth opportunities. AI is poised to enhance inventory control, price optimization, delivery logistics and fraud prevention. Extended reality innovations, from AR try-ons to immersive VR shopping, will engage younger consumers and potentially redefine customer experiences, though costs and adoption hurdles remain. Reverse logistics and the circular economy will gain ground as sustainability priorities align with value-seeking behavior. Discounters and warehouse clubs are expected to capture share in the near term as households continue trading down, though specialty and discretionary retail could stage a rebound later in the outlook period as consumer confidence improves.

The global retail market size reached USD 30,092.3 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 48,867.9 Billion by 2033, exhibiting a growth rate (CAGR) of 5.26% during 2025-2033. There are various factors that are driving the market, which include the rising focus on personalized user experience, technological innovations, and various collaborations and partnerships among key players to expand their market reach and increase user engagement.

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the global, regional, and country levels for 2025-2033. Our report has categorized the market based on product and distribution channel.

Market Size statistics on the Retail Trade industry in the US

The Data Analytics in Retail Industry is segmented by Application (Merchandising and Supply Chain Analytics, Social Media Analytics, Customer Analytics, Operational Intelligence, Other Applications), by Business Type (Small and Medium Enterprises, Large-scale Organizations), and Geography. The market size and forecasts are provided in terms of value (USD billion) for all the above segments.

Value added created by the U.S. retail industry constituted *** percent of the gross domestic product (GDP) of the United States in the fourth quarter of 2023. Over the past four years, the retail industry's contribution to GDP increased by about *** percentage points.

View monthly updates and historical trends for US Retail Sales. from United States. Source: Census Bureau. Track economic data with YCharts analytics.

The global retail sector is poised for substantial growth, projected to expand from $25.8 trillion in 2021 to nearly $47.7 trillion by 2033. This expansion is fundamentally driven by the accelerated adoption of e-commerce and digital technologies, fundamentally reshaping consumer behavior and expectations. Retailers are increasingly focusing on creating seamless omnichannel experiences, integrating online and physical stores to offer greater convenience and personalization. The rise of social commerce, particularly in the Asia-Pacific region, is creating new avenues for customer engagement. However, the industry faces significant challenges, including intense competition, persistent supply chain disruptions, and the growing demand for sustainable and ethically sourced products. Navigating these complexities by leveraging data analytics and investing in resilient operations will be critical for future success. Key strategic insights from our comprehensive analysis reveal:

Omnichannel Integration is Imperative: The line between online and physical retail has blurred permanently. Success now hinges on creating a seamless, unified customer journey across all touchpoints, from social media and mobile apps to brick-and-mortar stores, with features like click-and-collect and unified inventory systems becoming standard. Data-Driven Personalization at Scale: Leveraging artificial intelligence and machine learning to analyze vast amounts of customer data is crucial. This allows retailers to deliver hyper-personalized marketing, product recommendations, and shopping experiences, which significantly boosts customer loyalty and conversion rates. Sustainability and Supply Chain Resilience are Core to Strategy: Consumers are increasingly prioritizing brands that demonstrate environmental and social responsibility. Simultaneously, recent global disruptions have highlighted the need for agile, transparent, and resilient supply chains to mitigate risks and ensure product availability.

Global Market Overview & Dynamics of Retail Sector Market Analysis The global retail sector is undergoing a profound transformation, driven by technological innovation and evolving consumer preferences. The market is shifting from traditional, product-centric models to customer-centric, digitally-enabled ecosystems. This dynamic environment is characterized by the rapid growth of online channels, the integration of advanced technologies like AI for personalization, and an increasing emphasis on sustainability. While emerging economies offer significant growth potential due to rising disposable incomes, mature markets continue to innovate to capture market share in a highly competitive landscape. Global Retail Sector Market Drivers

Explosive Growth of E-commerce and M-commerce: The unparalleled convenience of online shopping, coupled with increasing smartphone and internet penetration globally, continues to be the primary engine of growth for the retail sector. Rising Disposable Incomes in Emerging Markets: A burgeoning middle class in regions like Asia-Pacific and Africa is leading to increased consumer spending on a wide range of goods, from essentials to discretionary items. Technological Advancements in Retail Tech: Innovations in AI, data analytics, IoT, and automation are enabling retailers to optimize operations, enhance supply chain efficiency, and create highly personalized customer experiences.

Global Retail Sector Market Trends

Hyper-Personalization through AI: Retailers are moving beyond basic segmentation to use AI for one-on-one personalization, offering tailored recommendations, promotions, and content to individual shoppers in real-time. The Rise of Sustainable and Ethical Retail: Consumers are increasingly making purchasing decisions based on a brand's environmental impact and ethical practices, forcing retailers to adopt sustainable sourcing, transparent supply chains, and eco-friendly packaging. Seamless Omnichannel Experience: The focus is on integrating all sales channels (physical stores, website, mobile app, social media) to provide a consistent and fluid customer journey, allowing shoppers to switch between channels effortlessly.

Global Retail Sector Market Restraints

Intense Competition and Margin Pressure: The retail market is highly saturated with both legacy players and digital-native brands, leading to intense price competition and shrinking profit margins. Global Supply Chain Volatility: Geopoliti...

Retail in the Indonesian Market is Segmented Into by Products (Food and Beverages, Personal and Household Care, and More), by Distribution Channel (Hypermarkets and Supermarkets, Department Stores and More), by Payment Method (Cash, Debit & Credit Cards and More), Region (Greater Jakarta, Rest of Java and More). Market Forecasts are Provided in Terms of Value (USD).

Retail Sector Market Outlook

According to our latest research, the global retail sector market size reached USD 28.3 trillion in 2024, driven by robust consumer demand, digital transformation, and evolving shopping behaviors. The market is poised to grow at a CAGR of 5.7% from 2025 to 2033, reaching an estimated USD 46.9 trillion by 2033. This expansion is underpinned by significant investments in omnichannel strategies, rapid e-commerce penetration, and the increasing adoption of advanced retail technologies worldwide.

One of the primary growth factors fueling the retail sector market is the accelerated shift toward digitalization and the integration of cutting-edge technologies. Retailers are leveraging artificial intelligence, machine learning, and data analytics to enhance customer experiences, streamline operations, and personalize marketing efforts. The proliferation of smartphones and increased internet penetration have made online shopping more accessible, prompting even traditional brick-and-mortar retailers to invest heavily in digital platforms. Additionally, the adoption of contactless payment systems and advanced inventory management solutions has played a crucial role in improving operational efficiency and customer satisfaction, further propelling market growth.

Another significant growth driver is the evolution of consumer preferences and the rising demand for convenience and personalization. Modern consumers are increasingly seeking seamless, flexible, and personalized shopping experiences, both online and offline. Retailers are responding by offering a wider range of products, implementing omnichannel retail strategies, and enhancing last-mile delivery services. The growing popularity of subscription services, click-and-collect models, and same-day delivery options exemplifies this shift. Furthermore, the expansion of emerging product categories such as health and wellness, sustainable goods, and smart home devices has contributed to the diversification and growth of the retail sector market.

Globalization and the expansion of retail infrastructure in emerging economies have also played a pivotal role in driving market growth. Countries across Asia Pacific, Latin America, and the Middle East & Africa are witnessing rapid urbanization, rising disposable incomes, and an expanding middle class. These factors have led to increased consumer spending and heightened demand for diverse retail products and services. Multinational retailers are entering these markets through strategic partnerships, acquisitions, and franchise models, capitalizing on the untapped potential and contributing to the overall growth trajectory of the global retail sector.

Connected Retail is transforming the way businesses interact with consumers by seamlessly integrating online and offline channels. This approach ensures that customers enjoy a consistent shopping experience, whether they are browsing products online or visiting a physical store. By leveraging data analytics and real-time inventory management, retailers can offer personalized recommendations and ensure product availability across all platforms. This not only enhances customer satisfaction but also drives sales by providing a more engaging and convenient shopping journey. As the retail landscape continues to evolve, Connected Retail is becoming a crucial strategy for businesses aiming to stay competitive and meet the ever-changing expectations of modern consumers.

Regionally, Asia Pacific continues to dominate the global retail sector market, accounting for the largest share in 2024, driven by the robust growth of economies such as China, India, and Southeast Asian countries. North America and Europe remain mature and highly competitive markets, characterized by advanced retail infrastructure and high consumer spending. Meanwhile, Latin America and the Middle East & Africa are emerging as lucrative markets, supported by favorable demographic trends and increasing digital adoption. The regional outlook for the retail sector market remains optimistic, with all regions expected to contribute significantly to overall market expansion through 2033.

The size of the Mexico Retail Industry market was valued at USD 94.40 Million in 2024 and is projected to reach USD XXX Million by 2033, with an expected CAGR of 5.00">> 5.00% during the forecast period. Recent developments include: March 2023 - Walmart opened 22 new stores across the state of Nuevo Leon as a part of an investment in the region’s infrastructure. Walmart made the decision during its 12th anniversary in Monterrey., January 2023 - Mexican retail conglomerate FEMSA (Fomento Económico Mexicano) launched Andretti Drive, a new app-enabled drive-thru coffee shop concept, in the northeast Mexican state of Nuevo León. FEMSA is the parent company of the OXXO convenience store chain, which has more than 20,000 outlets across Mexico, Chile, Colombia, and Peru. It also operates the Andatti coffee brand across the region.. Key drivers for this market are: Easy Shopping Experience Drives The Market, Greater Inventory Options Drives The Market. Potential restraints include: Easy Shopping Experience Drives The Market, Greater Inventory Options Drives The Market. Notable trends are: Growth of E-commerce Sector Drives the Market.

A global survey from Capgemini showed that retail companies were lagging behind consumer products enterprises in the use of data. The gap was significant in the automation of processes and in data collecting: only ** percent of retailers automated data collection, against ** percent of consumer goods companies. However, one in **** organizations in both categories reported to have implemented practices involving data engineering, machine learning, and DevOps.

Graph and download economic data for Value Added by Industry: Retail Trade as a Percentage of GDP (VAPGDPR) from Q1 2005 to Q2 2025 about value added, retail trade, private industries, percent, sales, retail, private, industry, GDP, and USA.

Graph and download economic data for Gross Domestic Product: Retail Trade (44-45) in the United States (USRETAILNGSP) from 1997 to 2024 about GSP, private industries, retail trade, sales, retail, private, industry, GDP, and USA.

Success.ai’s Retail Data for the Retail Sector in North America offers a comprehensive dataset designed to connect businesses with key players across the diverse retail industry. Covering everything from department stores and supermarkets to specialty shops and e-commerce platforms, this dataset provides verified contact details, business locations, and leadership profiles for retail companies in the United States, Canada, and Mexico.

With access to over 170 million verified professional profiles and 30 million company profiles, Success.ai ensures your outreach, marketing, and business development efforts are powered by accurate, continuously updated, and AI-validated data.

Backed by our Best Price Guarantee, this solution empowers businesses to thrive in North America’s competitive retail landscape.

Why Choose Success.ai’s Retail Data for North America?

1. Verified Contact Data for Precision Outreach

   • Access verified phone numbers, work emails, and LinkedIn profiles of retail executives, store managers, and decision-makers.
   • AI-driven validation ensures 99% accuracy, enabling confident communication and efficient campaign execution.

2. Comprehensive Coverage Across Retail Segments

   • Includes profiles of retail businesses across major markets, from large department stores and grocery chains to boutique retailers and online platforms.
   • Gain insights into the operational dynamics of retail hubs in cities such as New York, Los Angeles, Toronto, and Mexico City.

3. Continuously Updated Datasets

   • Real-time updates reflect leadership changes, new store openings, market expansions, and shifts in consumer preferences.
   • Stay aligned with evolving industry trends and emerging opportunities in the North American retail sector.

4. Ethical and Compliant

   • Adheres to GDPR, CCPA, and other privacy regulations, ensuring responsible and lawful use of data in your campaigns.

Data Highlights:

• 170M+ Verified Professional Profiles: Engage with executives, marketing directors, and operations managers across the North American retail sector.
• 30M Company Profiles: Access firmographic data, including revenue ranges, store counts, and geographic footprints.
• Store Location Data: Pinpoint retail outlets, regional offices, and distribution centers to refine supply chain and marketing strategies.
• Leadership Contact Details: Connect with CEOs, CMOs, and procurement officers influencing retail operations and vendor selections.

Key Features of the Dataset:

1. Retail Decision-Maker Profiles

   • Identify and engage with store owners, category managers, and marketing directors shaping customer experiences and product strategies.
   • Target professionals responsible for inventory planning, vendor contracts, and store performance.

2. Advanced Filters for Precision Targeting

   • Filter companies by industry segment (luxury, grocery, e-commerce), geographic location, company size, or revenue range.
   • Tailor outreach to align with regional market trends, customer demographics, and operational priorities.

3. Market Trends and Operational Insights

   • Analyze trends such as online shopping growth, sustainability practices, and supply chain optimization.
   • Leverage insights to refine product offerings, identify partnership opportunities, and design effective campaigns.

4. AI-Driven Enrichment

   • Profiles enriched with actionable data enable personalized messaging, highlight unique value propositions, and enhance engagement outcomes.

Strategic Use Cases:

1. Sales and Lead Generation

   • Present products, services, or technology solutions to retail procurement teams, marketing departments, and operations managers.
   • Build relationships with retailers seeking innovative tools, efficient supply chain solutions, or unique product offerings.

2. Market Research and Consumer Insights

   • Analyze retail trends, customer behaviors, and seasonal demands to inform marketing strategies and product launches.
   • Benchmark against competitors to identify gaps, emerging niches, and growth opportunities.

3. E-Commerce and Digital Strategy Development

   • Target e-commerce managers and digital transformation teams driving online retail initiatives and omnichannel integration.
   • Offer solutions to enhance online shopping experiences, logistics, and customer loyalty programs.

4. Recruitment and Workforce Solutions

   • Engage HR professionals and hiring managers in recruiting talent for store operations, customer service, or marketing roles.
   • Provide workforce optimization tools, training platforms, or staffing services tailored to retail environments.

Why Choose Success.ai?

1. Best Price Guarantee

   • Access premium-quality retail data at competitive prices, ensuring strong ROI for your marketing and outreach efforts in North America.

2. Seamless Integration
   ...

The Mexico retail market was valued at USD 329.28 Billion in 2024. The industry is expected to grow at a CAGR of 4.80% during the forecast period of 2025-2034 to reach a value of USD 526.23 Billion by 2034. The market growth is attributed to the booming online retail sector due to the rising internet penetration across the country.

According to data from the Center for Strategic and International Studies (CSIS), e-commerce accounted for 15 percent of total retail sales in 2023, up from just 1% a decade ago. Online sales reached USD 74 billion in 2023, with projections estimating approximately USD 100 billion in 2024 and USD 176.8 billion by 2026, highlighting the rapid scale and potential of the sector, propelling the Mexico retail market value.

This growth is underpinned by multiple factors. Digital platforms such as Amazon, Mercado Libre, and emerging Chinese players, such as Shein, Temu, and AliExpress, which offer consumers unparalleled convenience, product variety, and competitive pricing.

In addition to this, omnichannel retailers, including Walmart, Coppel, and Liverpool, are expanding their online and logistics capabilities, ensuring healthy competition across physical and digital channels. For instance, Walmart’s online revenue in Mexico grew by 21.7% in 2023, supported by a 129% increase in product assortment and a 78% rise in sellers.

CSIS analysis also emphasizes that small- and medium-sized enterprises (SMEs) are leveraging these digital channels to expand their reach, improve operational efficiency, and access previously untapped markets. By 2024, tens of thousands of Mexican SMEs are expected to rely on e-commerce platforms to generate significant employment and economic value, reflecting the sector’s role in promoting inclusive growth and strengthening Mexico retail market competitiveness.

Retail Sales in the United States increased 0.20 percent in September 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.

AI in Retail Market is estimated to reach USD 127.2 billion by 2033, Riding on a Strong 29.9% CAGR throughout the forecast period.

The Retail Cloud Market report segments the industry into By Solution (Supply Chain Management, Customer Management, Merchandizing, Workforce Management, Reporting and Analytics, Other Solutions), By Service Type (IaaS, SaaS, PaaS), By Deployment (Public Cloud, Private Cloud, Hybrid Cloud), and By Geography (North America, Europe, Asia Pacific, Latin America, Middle East and Africa).

The retail market size in India was expected to amount to *** trillion U.S. dollars by 2026, up from *** trillion dollars in 2023. While an overall increase was noted up to 2019, 2020 marked a decrease due to the coronavirus pandemic. The Indian retail landscape Despite the pandemic, India was among the few countries showing growth in retail sales in 2020. Characterized by its unorganized retail, primarily via kirana stores, the country underwent a process of change in retail forms, which is yet to pace down. The emergence of larger retail spaces such as malls and supermarkets, along with the growth of online commerce, drove change in the subcontinent’s retail landscape. Nevertheless, kirana stores continued to dominate Indian retail, adopting digitalization and collaboration with larger players in this sector. The dominance of grocery retail   The retail of groceries contributed as much as ** percent to India’s retail industry. However, only a small share of that was sold through online or modern retailers. The coronavirus (COVID-19) pandemic in 2020 gave online retail a new push to e-grocers. As products were sometimes not available at physical stores, online grocers such as BigBasket managed to fill that gap successfully.

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The online retail market share in the US is expected to increase to USD 460.13 billion from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 11.64%.

The report extensively covers online retail market in the US segmentation by the following:

Product - Apparel, footwear, and accessories, consumer electronics and electricals, food and grocery, home furniture and furnishing, and others
Device - Smartphones and tablets and PCs

The US online retail market report offers information on several market vendors, including Amazon.com Inc., Apple Inc., Best Buy Co. Inc., Costco Wholesale Corp., eBay Inc., Kroger Co., Target Corp., The Home Depot Inc., Walmart Inc., and Wayfair Inc. among others.

This online retail market in the US research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches.

What will the Online Retail Market Size in the US be During the Forecast Period?

Download the Free Report Sample to Unlock the Online Retail Market Size in the US for the Forecast Period and Other Important Statistics

Online Retail Market in the US: Key Drivers, Trends, and Challenges

The growing seasonal and holiday sales is notably driving the online retail market growth in the US, although factors such as transportation and logistics may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the online retail industry in the US. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key US Online Retail Market Driver

The growing seasonal and holiday sales is one of the key drivers supporting the US online retail market growth. For instance, from November 1 to December 24, e-commerce sales in the US increased by 11% in 2021, when compared to a massive 47.2% growth in the holiday season of 2020. E-commerce sales made up 20.9 % of total retail sales in the holiday season of 2021, slightly higher than 20.6 percent in 2020. Thanksgiving, Black Friday, and Cyber Monday are the days that see a high amount of online shopping. Apparel, footwear and accessories, consumer electronics, computer hardware, and toys are the largest gaining product categories during the holiday season. Consumers in the US spent $204.5 billion online in November and December 2021, up 8.6% over the same period in 2020. Such exciting sales and offers are driving the market growth.

Key US Online Retail Market Trend

Omni-channel retailing is one of the key US online retail market trends fueling the market growth. It is rapidly becoming the norm for many retailers in the US. It offers consumers the option to shop online and pick up the merchandise from the store nearest to their location on the same day. Retailers are observing a high web influence on their in-store sales. For instance, Best Buy is integrating its offline and online stores to boost revenues. As a part of its omnichannel strategy, the retailer is utilizing physical stores as distribution centers for online purchases. According to Best Buy, 40% of its online shoppers prefer picking up their purchases from physical stores. Best Buy also challenges online and discount retailers with its match-to-price strategy, claiming to offer gadgets at or below the price offered by competitors. Such strategies are expected to boost market growth during the forecast period.

Key US Online Retail Market Challenge

Transportation and logistics are some of the factors hindering the US online retail market growth. Product procurement or sourcing, shipment of ordered items, and delivery to customers are the three major processes where the intervention of transportation and logistics come into the picture. All these processes require a high investment of both time and money, which challenges the efficiency and effectiveness of retailers and their costing strategies. The higher cost incurred from transportation and logistics reduces the margin of retailers, and most of the time, retailers are unable to break even. Between rising fuel prices, driver shortages, as well as a governmental and societal push for increased digitization and sustainability, transport and logistics will continue to be under a lot of pressure. Such factors will negatively impact the market growth during the forecast period.

This online retail market in the US analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Who are the Major Online Retail Market Vendors in the US?

The report analyzes the market’s competitive landscape and offers information on several market vendors, includi