The Report Covers Malaysia Retail Top Retail Companies and the Market is segmented by Products (Food and Beverages, Personal and Household Care, Apparel, Footwear, and Accessories, Furniture, Toys, Hobby, Electronic and Household Appliances, and Other Products), Distribution Channel (Supermarkets/Hypermarkets, Convenience Stores, and Department Stores, Specialty Stores, Online, and Other Distribution Channels).

In 2023, the retail trade sector in Malaysia was estimated to contribute around 8.6 percent to the country’s gross domestic product (GDP). The contribution from this sector has increased by one 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 2024, 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 40 percent in 2023.

In 2023, the average monthly salary for employees in the wholesale and retail trade industry in Malaysia was 2,495 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.

In 2023, the retail value of food service market sales in Malaysia amounted to around 10.58 billion U.S. dollars, an increase of more than one billion U.S. dollars compared to the previous year. The sales value of food service in Malaysia is expected to increase and reach more than 14 billion U.S. dollars by 2027.

Forecast: Retail Trade Industry Contribution to GDP in Malaysia 2023 - 2027 Discover more data with ReportLinker!

In 2023, there were more than 2.8 million people employed in the wholesale and retail trade industry in Malaysia. This was an increase from around 2.75 million people employed in the previous year. Employment in wholesale and retail trade in the country has been increasing every year.

Verdict Retail’s, "Food and Grocery Retail Sales (Channel and Segment Analytics) in Malaysia to 2020" combines retail (not on-trade) sales of soft drinks, hot drinks and alcoholic drinks within the Drinks category followed by retail sales of chewing tobacco, cigarettes, cigars and cigarillos, and loose tobacco (including vending machine) within the Tobacco category. Retail sales only of air fresheners, bleach, dishwashing products, and furniture cleaning products, general-purpose cleaners, insecticides, paper products, scouring products, textile washing products, and toilet care products are included under Household Products. Packaged Food category includes retail (not foodservice) sales of bakery and cereals, canned food, chilled food, confectionery, dairy products, dried food, frozen food, ice cream, oils and fats, sauces, dressings and condiments, savory snacks, soup, and spreads. And Unpackaged food category includes sales of unpackaged fruit, vegetables, meat, grains, and other food categories. "Food and Grocery 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 Taiwan retail industry, spanning from traditional brick-and-mortar stores to rapidly expanding e-commerce platforms, presents a dynamic landscape. Analyzing the period from 2019 to 2033, we observe consistent growth, although the rate fluctuates based on economic conditions and consumer behavior. The base year of 2025 provides a crucial benchmark for forecasting future performance. Considering a plausible market size of $100 billion USD (a reasonable estimate given the size of the Taiwanese economy and retail sector) in 2025, and assuming a conservative Compound Annual Growth Rate (CAGR) of 4% (reflecting both economic growth and evolving consumer preferences), the market is projected to reach approximately $117 billion USD by 2033. This growth is fueled by several factors, including rising disposable incomes, a growing young population increasingly engaged with online shopping, and the continuous influx of foreign brands seeking to tap into the Taiwanese market. However, challenges persist. Competition from both domestic and international players remains fierce, requiring retailers to continuously innovate and adapt their strategies to meet evolving customer expectations. Furthermore, the impact of global economic fluctuations and supply chain disruptions could influence growth trajectories. The future of the Taiwan retail industry hinges on the successful integration of online and offline channels (omni-channel strategies), personalized customer experiences, and the adoption of advanced technologies such as artificial intelligence and big data analytics for improved efficiency and customer engagement. The industry's ability to harness these technological advancements will be pivotal in maintaining its growth momentum and competitiveness in the long term. Government policies aimed at boosting domestic consumption and supporting small and medium-sized enterprises (SMEs) also play a significant role in shaping the overall industry landscape. A focus on sustainability and ethical sourcing will increasingly resonate with environmentally and socially conscious consumers, presenting opportunities for businesses to differentiate themselves. Recent developments include: In January 2021, Bolttech expanded in Taiwan via a device protection partnership with Samsung. Its latest partnership with Samsung in Taiwan includes arranging for mobile device protection to owners of new Samsung Galaxy smartphones and tablets through the Samsung Care+ program., In November 2020, Foodpanda expanded its e-commerce with more than 2,500 7-Eleven stores across Singapore, Malaysia, Taiwan, and the Philippines. With this partnership, Foodpanda brings hundreds of 7-Eleven items, including hot food, ready-to-eat instant meals, snacks and alcohol, and even pre-paid mobile phone cards, to customers' hands within an average delivery time of 20 minutes. Deliveries can be made anytime, anywhere, 24*7 via Foodpanda.. Notable trends are: Consumer Confidence to Strengthen on Minimum Wage Hike..

In 2023, the wholesale and retail trade sector in Malaysia was estimated to contribute 17.6 percent to the gross domestic product (GDP). This sector experienced a 0.4 percent decline from 17 percent share to the GDP in 2020.

In Malaysia, the estimated sales amount across various store categories provides key insights into the market's dynamics. Apparel, as a prominent category, generates significant sales, totaling $2.80B, which is 41.97% of the region's total sales in this sector. Beauty & Fitness follows with robust sales figures, achieving $575.20M in sales and comprising 8.64% of the region's total. Consumer Electronics contributes a considerable amount to the regional market, with sales of $535.55M, accounting for 8.04% of the total sales in Malaysia. This breakdown highlights the varying economic impacts of different categories within the region, showcasing the diversity and strengths of each sector.

Forecast: Wholesale and Retail Trade Industry Contribution to GDP in Malaysia 2023 - 2027 Discover more data with ReportLinker!

This chart offers an insightful look at the store count by category in Malaysia. Leading the way is Home & Garden, with 4.46K stores, which is 14.29% of the total stores in the region. Next is Apparel, contributing 4.14K stores, or 13.26% of the region's total. Food & Drink also has a notable presence, with 3.17K stores, making up 10.15% of the store count in Malaysia. This breakdown provides a clear picture of the diverse retail landscape in Malaysia, showcasing the variety and scale of stores across different categories.

Verdict Retail’s, "Retail Sales by Vending Machines in Malaysia: Market Size, Growth and Forecast to 2020" provides detailed historic and forecast statistics on retail sales from 2010 to 2020 taking place at "Vending Machines" for each category at segment level. However, delivered wholesale sales are not included. The segment level analytics are provided for the following product categories: Electrical and electronics Food and grocery Health and beauty Verdict Retail categorizes "Vending Machines" as Verdict Retail includes paid-for sales from all vending machines not located within a store, such as public places, workplaces, pubs and bars under the Vending Machine Retail Channel. "Retail Sales by Vending Machines in Malaysia: Market Size, Growth and Forecast to 2020" report is the result of Verdict Retail’s extensive market research covering the retail industry in Malaysia. 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.

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 114.07 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 77 and 74 percent respectively, Malaysia’s online penetration rate was 50 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 11 new stores in both 2014 and 2015. This is a considerable increase from the total of 7 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.

Malaysia Luxury Goods Market is segmented by Type (Clothing and Apparel, Footwear, Bags, Jewelry, Watches, and Other Accessories); and Distribution Channel (Single-brand Stores, Multi-brand Stores, Online Stores, and Other Distribution Channels). The report offers market size and forecasts in value (USD million) for all the above segments.

Malaysia pharmacy retail market uncovering top, emerging, and major players, along with challenges, competitors, and opportunities. Explore leading service providers and captive players.

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 pie chart showcases the distribution of app/software spending by store category in Malaysia, providing insights into how eCommerce stores allocate their resources on the app or software they utilize. Among the store categories, Apparel exhibits the highest spending, with a total expenditure of $1.84M units representing 23.87% of the overall spending. Following closely behind is Beauty & Fitness with a spend of $1.12M units, comprising 14.48% of the total. Home & Garden also contributes significantly with a spend of $984.70K units, accounting for 12.78% of the overall app/software spending. This data sheds light on the investment patterns of eCommerce stores within each category, reflecting their priorities and resource allocation towards app or software solutions.

This databook uses data from GlobalData’s Retail database showing the trends in the market and sectors by value. It also reveals the major retailers by market share in 2020 in each of the sectors. All data includes the impact COVID-19 has had on sales in 2020 (forecasted at the date of publication). Read More