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TwitterIn 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.
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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.
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Report Attribute
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Key Statistics
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|---|---|
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Base Year
| 2024 |
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Forecast Years
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2025-2033
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Historical Years
| 2019-2024 |
| Market Size in 2024 | USD 30,092.3 Billion |
| Market Forecast in 2033 | USD 48,867.9 Billion |
| Market Growth Rate (2025-2033) | 5.26% |
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.
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TwitterBetween June 2024 and June 2025, the sports goods and apparel category experienced the highest sales growth of ** percent in the retail trade industry in India. In comparison, the sales growth for beauty, wellness, and personal care was *** percent during that year.
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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.
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Key information about Egypt Retail Sales Growth
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TwitterGlobal retail sales were projected to amount to around **** trillion U.S. dollars by 2026, up from approximately **** trillion U.S. dollars in 2021. The retail industry encompasses the journey of a good or service. This typically starts with the manufacturing of a product and ends with said product being purchased by a consumer from a retailer. Retail establishments come in many forms such as grocery stores, restaurants, and bookstores. 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.
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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.
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Key information about Italy Retail Sales Growth
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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...
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View monthly updates and historical trends for US Retail Sales. from United States. Source: Census Bureau. Track economic data with YCharts analytics.
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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.
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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
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Key information about France Retail Sales Growth
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The global retail industry, a dynamic and ever-evolving sector, is projected to reach a market size of $32.68 billion in 2025, exhibiting a robust Compound Annual Growth Rate (CAGR) of 7.65% from 2019 to 2033. This significant growth is driven by several key factors. The rise of e-commerce continues to reshape the retail landscape, offering consumers unparalleled convenience and access to a wider selection of products. Simultaneously, the increasing adoption of omnichannel strategies by major players like Walmart, Amazon, and Target allows for seamless integration of online and offline shopping experiences, catering to diverse consumer preferences. Furthermore, advancements in supply chain management and logistics, coupled with the expansion of digital payment systems, contribute significantly to the industry's expansion. Technological innovations such as artificial intelligence and big data analytics are employed to enhance personalization, optimize inventory management, and improve customer service. However, challenges remain. Rising inflation and fluctuating economic conditions can influence consumer spending patterns, while increasing competition necessitates continuous innovation and adaptation for sustained success within the retail space. The competitive landscape is fiercely contested, with major players such as Walmart, Amazon, Costco, and Target vying for market share through aggressive expansion strategies, strategic partnerships, and continuous improvements in their product offerings and customer service. Regional variations in market growth are expected, with established markets in North America and Europe potentially experiencing a slower pace of growth compared to emerging markets in Asia and Africa. The forecast period of 2025-2033 presents both exciting opportunities and significant hurdles for businesses operating in the retail sector. Successful navigation of this period necessitates a keen understanding of consumer behavior, effective utilization of technological advancements, and the ability to adapt swiftly to changing market dynamics. Key drivers for this market are: Rapid Expansion of Urban Areas, Rise of E-commerce and Omnichannel Retailing. Potential restraints include: Rapid Expansion of Urban Areas, Rise of E-commerce and Omnichannel Retailing. Notable trends are: E-commerce is the Fastest-growing Segment in the Retail Industry.
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Key information about Germany Retail Sales Growth
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TwitterIn 2024, global retail e-commerce sales reached an estimated ************ U.S. dollars. Projections indicate a ** percent growth in this figure over the coming years, with expectations to come close to ************** dollars by 2028. World players Among the key players on the world stage, the American marketplace giant Amazon holds the title of the largest e-commerce player globally, with a gross merchandise value of nearly *********** U.S. dollars in 2024. Amazon was also the most valuable retail brand globally, followed by mostly American competitors such as Walmart and the Home Depot. Leading e-tailing regions E-commerce is a dormant channel globally, but nowhere has it been as successful as in Asia. In 2024, the e-commerce revenue in that continent alone was measured at nearly ************ U.S. dollars, outperforming the Americas and Europe. That year, the up-and-coming e-commerce markets also centered around Asia. The Philippines and India stood out as the swiftest-growing e-commerce markets based on online sales, anticipating a growth rate surpassing ** percent.
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The Global Retail Industry Market Size Was Worth USD 32 Trillion in 2023 and Is Expected To Reach USD 56.4 Trillion by 2032, CAGR of 6.5%.
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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.
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Off Price Retail Market valued at USD 372.46 billion in 2025, is anticipated to reaching USD 668.30 billion by 2032, with a steady annual growth rate of 8.7%.
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Retail Sales in Vietnam increased 7.20 percent in October of 2025 over the same month in the previous year. This dataset provides - Vietnam Retail Sales YoY - actual values, historical data, forecast, chart, statistics, economic calendar and news.
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TwitterIn 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.