According to a survey carried out in the United States in 2025, ** percent of respondents aged 55 and older stated that they experience higher prices when buying dairy products at the grocery store. For those aged between 18 and 34, ** percent stated experiencing a price hike in those typed of products.

Key information about United Kingdom Retail Sales Growth

• United Kingdom Retail Sales dropped 2.1 % YoY in May 2023, compared with a 3.3 % decrease in the previous month.
• UK Retail Sales Growth YoY data is updated monthly, available from Jan 1997 to May 2023, with an average growth rate of 2.4 %.
• The data reached an all-time high of 40.9 % in Apr 2021 and a record low of -22.9 % in Apr 2020.
• In the latest reports, Car Sales of UK recorded 1,943,572.0 units in Dec 2022, representing a drop of 5.1 %.

CEIC calculates monthly Retail Sales: Incl. Motor Vehicles Growth from monthly Retail Sales Index. The Office for National Statistics provides Retail Sales Index with base 2019=100.

In 2023, ** percent of Portuguese respondents believed that the profit margin of large food retailers was one of the main reasons for the rising cost of food in the country, and ** percent of these stated that this was the top cause. The rise in production costs due to the war between Russia and Ukraine was pointed out by ** percent of respondents, ** percent of which believed this to be the top cause for food inflation.

Key information about Denmark Consumer Price Index CPI growth

• Denmark Consumer Price Index (CPI) growth was measured at 3.1 % YoY in Jul 2023, compared with a rate of 2.5 % in the previous month.
• Denmark Consumer Price Index growth data is updated monthly, available from Jan 1968 to Jul 2023, with an averaged number of 2.6 % YoY.
• The data reached an all-time high of 16.8 % YoY in Oct 1974 and a record low of -0.1 % YoY in Jan 2015.

CEIC calculates Consumer Price Index Growth from monthly Consumer Price Index. Statistics Denmark provides Consumer Price Index with base 2015=100. Consumer Price Index Growth prior to January 1981 is sourced from the International Monetary Fund. [COVID-19-IMPACT]

US Tariff Impact on the Market

US tariffs could have a substantial impact on the global contextual marketing market, especially in terms of cost structures and international trade dynamics. With contextual marketing relying heavily on digital platforms, mobile devices, and software solutions, tariffs on technology imports and services could result in higher operational costs for businesses.

For sectors such as activity-based marketing, which accounts for over 51.3% of the market, tariff-related increases could range between 2% and 4%, potentially leading to higher prices for end consumers. The mobile device sector, crucial for contextual delivery, may face a 3-5% rise in component costs.

Furthermore, industries like retail and consumer goods, which hold a 23.7% market share, could see reduced profit margins due to tariff-related cost increases. While tariffs may also drive companies to consider domestic alternatives to avoid additional charges, they may be faced with challenges in maintaining the competitive pricing needed in the fast-evolving digital marketing sector.

Economic Impact

• North America, the leading market, could face higher prices for technology-driven services.
• Tariffs may disrupt global supply chains, impacting regions relying on imported digital tools.
• The US market could drive the localization of digital marketing technologies to mitigate tariff effects.

Geographical Impact

• North America, the leading market, could face higher prices for technology-driven services.
• Tariffs may disrupt global supply chains, impacting regions relying on imported digital tools.
• The US market could drive the localization of digital marketing technologies to mitigate tariff effects.

Business Impact

• Higher costs could reduce the margins for businesses heavily dependent on digital marketing.
• Companies may seek alternative suppliers or in-house solutions to minimize tariff impacts.
• Small and medium-sized businesses may struggle to adapt to increased operational costs.

US Tariff Impact Percentage for Impacted Sector

The US tariffs are expected to impact sectors such as activity-based marketing (2-4%) and mobile devices (3-5%) in terms of increased costs, which could affect both pricing and competitiveness. Retail & consumer goods may experience a 1-3% rise in operational expenses due to increased import costs.

➤➤➤ Get a sample copy to discover how our research uncovers business opportunities here @ https://market.us/report/contextual-marketing-market/free-sample/

The rapid ascent of e-commerce and omnichannel strategies is reshaping consumer engagement and purchasing patterns, driving a wave of transformation across the retail trade sector. As of 2025, the sector is expected to log $7.4 trillion in revenue, although its growth is anticipated to decelerate slightly to 0.4% in the current year. Gen Z and millennials have championed the digital shopping revolution, pushing retailers to prioritize online sales and customer engagement platforms. However, brick-and-mortar stores retain a pivotal role in supporting ongoing customer engagement alongside the online momentum as retailers blend physical and digital experiences. As automation has augmented efficiency across operations, retailers have also strategically diversified product lines and incorporated sustainability into their brands to meet changing consumer expectations. Over the past five years, the retail sector has seen a compound annual growth rate of 2.2%, which underscores the impact of diversified strategies in maintaining momentum. The adoption of automation has produced mixed results. Self-checkout systems, for example, have reduced payroll expenses for businesses while streamlining the customer experience, though several studies have reported that some customer segments dislike self-checkout due to technological glitches and some retailers have struggled with implementation and reported a rise in theft. Major chains like Target have honed their product diversification strategies, transforming their stores into one-stop shops that blend essential goods with discretionary items and healthcare, driving up revenue in multiple categories. Sustainability is another theme of the current period, with the sector’s commitment marked by increased budgets for eco-friendly practices and a growing market for pre-owned goods. Despite high inflation during the period giving way to high interest rates that stayed stagnant for a year before beginning to fall again in September 2024, retailers managed to navigate the challenges of economic fluctuations and keep consumer interest high through diversification. A projected compound annual growth rate of 0.9% for the next five years would set revenue on a steady path toward an expected $7.7 trillion through the end of 2030. Artificial intelligence is set to further revolutionize retail operations, enhancing stock management, logistics and consumer personalization. Augmented and virtual reality technologies will prove integral to engaging the tech-savvy younger generations by offering novel ways to interact with products before purchase. However, global trade tensions and tariffs could challenge profitability as retailers manage higher import costs. Reverse logistics will thrive as consumers’ eco-consciousness continues to grow, turning returns into revenue opportunities and aligning with trends toward sustainable consumption. The sector’s profit is expected to remain steady over the next five years, bolstered by consumers’ willingness to trade up to items that mix luxury and affordability.

Market Size and Growth: The global discount off-price retail market is expected to reach a value of $5,697.04 million by 2033, exhibiting a robust CAGR of 7.6% during the forecast period (2023-2033). The market's expansion is primarily driven by factors such as rising consumer demand for affordable luxury items, the growth of e-commerce, and the expansion of off-price retailers into new regions. Key trends contributing to market growth include the increasing popularity of online shopping, the emergence of fast fashion, and the growing consciousness among consumers towards sustainable fashion. Competitive Landscape: The discount off-price retail market is highly fragmented, with several major players competing for market share. Some of the prominent companies in this market include TJX Companies, Ross Stores, Burlington Stores, Nordstrom Rack, Macy's Backstage, Saks Off 5th, Bluefly, and Geo Holdings Corporation. These companies offer a diverse range of products, including apparel and footwear, home fashions, jewelry and accessories, and other items. Intense competition has led to the adoption of strategies such as aggressive pricing, personalized marketing, and exclusive partnerships to attract and retain customers.

Overview \r This report examines Australian and international experience in monitoring farmgate and retail prices for food products. It also outlines a simple methodology to monitor farm shares and farm-to-retail price spreads for food products, and investigates the potential to apply the methodology to Australian data. \r \r Key Points \r • The food retail sector in Australia is highly concentrated while there is increasing consolidation in the food processing sector. There is some concern that this could lead to farmers receiving lower prices and consumers paying higher prices than would be the case in a perfectly competitive market. \r • The paper reviews local and international research in monitoring movements in farm and retail prices for food products, outlines a simple methodology to monitor farm shares and farm-to-retail price spreads for food products, and investigates the potential to apply the methodology to Australian data. \r • The review of international research found significant variation across countries in the importance they place on food price monitoring and analysis. Research has consistently found that the more processed food products are, the lower the farm share, and that farm shares have generally been declining over time. \r • The review also found that the United States Department of Agriculture Economic Research Service (USDA ERS) is a world leader in analysing prices in food supply chains. The paper outlines a relatively simple methodology used by the USDA ERS to monitor changes in farm shares and farm-to-retail price spreads for food products. \r • While there are limitations with the USDA ERS approach, an increase in farm-to-retail price spread or a decrease in farm share of the retail price could be a useful early indicator that competition issues are emerging within a supply chain. However, additional analysis will always be required to confirm whether the cause was an increase in market power because these changes can occur for a number of reasons, including differences in productivity in different sectors or input prices increasing at a faster rate in the retail sector than in the farm sector. Unfortunately, there is generally a lack of data that will allow a breakdown in marketing costs to facilitate this analysis. \r • One option for additional research is to replicate another methodology developed by the USDA ERS, which uses input-output data to decompose costs and profits between different sectors within a supply chain and to estimate returns to primary factors, including capital and labour. This type of analysis would be more expensive than the high-level analysis described in this paper but it would also be more informative than the farm share/price spread analysis in identifying the range of factors influencing prices, and lead to a more informed debate about the various factors influencing prices, including market power. \r

In 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.

ERP for Retailers Market Outlook

The ERP for Retailers market size in 2023 is estimated at $XX billion, with a projected growth to $XX billion by 2032, reflecting a robust CAGR of XX% over the forecast period. This dynamic growth is majorly propelled by the increasing need for streamlined retail operations and enhanced customer experience, which ERP systems are adept at providing. Retailers globally are experiencing a paradigm shift from traditional operational methods to digital solutions, driven by the need for efficiency and real-time data visibility, which these systems furnish, thus significantly influencing the market expansion.

One of the primary growth factors for the ERP for Retailers market is the ongoing digital transformation across the retail industry. Retailers are increasingly adopting ERP systems to integrate disparate functions such as inventory management, sales, and customer relationship management into a single platform, providing a unified view of operations. This integration helps in reducing complexities, minimizing errors, and enhancing overall operational efficiency. Additionally, the rising consumer demand for personalized shopping experiences is pushing retailers to implement ERP systems that offer insights into consumer behavior, preferences, and trends, enabling more targeted marketing and engagement strategies.

Another significant driver is the need for enhanced supply chain transparency and efficiency. With the globalization of the retail market, supply chains have become more complex, necessitating systems that can handle data from diverse sources in real-time. ERP solutions offer robust tools for supply chain management that help retailers manage procurement, logistics, inventory, and supplier relationships effectively. Furthermore, the growing trend of adopting omnichannel retail strategies, where consumers interact with brands through multiple channels, has necessitated the need for seamless integration of backend operations, which ERP systems provide, ensuring that stock levels, pricing, and customer data remain consistent across all platforms.

The financial management capabilities of ERP systems also contribute significantly to their adoption in the retail sector. Retailers are under constant pressure to maintain profitability margins while managing costs efficiently. ERP systems provide comprehensive financial management tools that enable better budget management, forecasting, and financial reporting, ensuring retailers can make informed financial decisions. This need for financial precision, coupled with regulatory compliance requirements, especially in larger retail chains, is driving the adoption of ERP systems. Moreover, the advent of cloud-based ERP solutions offers cost-efficiency and scalability, making them accessible to retailers of all sizes, thereby further propelling market growth.

Regionally, North America leads the ERP for Retailers market, driven by the early adoption of advanced technologies and a high concentration of retail giants investing in ERP solutions. However, the Asia Pacific region is anticipated to witness the highest growth rate during the forecast period, attributed to the rapidly expanding retail sector and increasing digitization initiatives by retailers in countries such as China and India. These regions are showing a keen interest in leveraging ERP systems to enhance their competitive edge, improve customer satisfaction, and streamline operations. The growth in the ecommerce sector in these regions is also a significant factor driving the adoption of ERP solutions, aimed at managing complex logistics and customer data efficiently.

Component Analysis

The ERP for Retailers market is segmented into two primary components: Software and Services. The software segment is expected to dominate the market, owing to the increasing demand for advanced ERP solutions that offer comprehensive modules tailored to various retail operations. These software solutions are designed to handle everything from inventory management to customer relationship management, providing retailers with the necessary tools to operate efficiently. The advanced analytics and reporting features of ERP software also enable retailers to gain insights into market trends and customer preferences, facilitating more strategic decision-making.

Within the software segment, cloud-based ERP solutions are gaining significant traction. Retailers are increasingly looking towards cloud solutions due to their scalability, cost-effectiveness, and ease of deployment. Cloud-based ERP systems allow retailers to access their business data in real-tim

The global retail pricing software market was valued at USD 12.28 Billion in 2022 and is projected to reach USD 21.89 Billion by 2030, registering a CAGR of 7.5% for the forecast period 2023-2030. Factors Affecting Retail Pricing Software Market Growth

Benefits of Retail pricing software; 

Retail pricing software offers several benefits to businesses, helping them make more informed pricing decisions and ultimately improving their competitiveness, profitability, and customer satisfaction. For instance, retail pricing software leverages vast amounts of data, including historical sales data, customer behavior data, and market trends. In addition, pricing software uses advanced algorithms to calculate optimal prices for products or services. This optimization takes into account factors such as production costs, demand elasticity, competitor pricing, and desired profit margins.

Restraining Factor:

Cost and Complexity of software;

Retail pricing software often involves significant initial costs for implementation, customization, and training. Smaller retailers with limited budgets might find it challenging to invest in such solutions. Additionally, the complexity of these systems might deter some businesses, especially those without dedicated IT resources.

Market Opportunity:

The growing trend of omnichannel retailing;

Omnichannel retailing refers to providing a seamless and integrated shopping experience across various channels, both online and offline. This includes brick-and-mortar stores, e-commerce websites, mobile apps, social media platforms, and more. The goal is to create a consistent and convenient shopping experience for customers regardless of how they choose to interact with the retailer. The rise of omnichannel retailing presents several challenges and opportunities when it comes to pricing strategies. Retailers need to maintain consistent pricing across all channels to avoid customer confusion and frustration.

The COVID-19 impact on Retail Pricing Software Market;

The COVID-19 pandemic had a significant impact on various industries, including the retail pricing software market. The pandemic led to changes in consumer behaviour, with increased online shopping and a shift away from physical stores. The sudden change in consumer behaviour has increased demand for pricing software that could quickly adapt to these shifts. With more consumers turning to online shopping, retailers needed pricing software that could handle the complexities of pricing across multiple online platforms, marketplaces, and channels. Many retailers had to offer promotions and discounts to attract customers during economic uncertainty. Pricing software was crucial for planning and executing these strategies effectively. Introduction of Retail Pricing Software

Retail pricing software is a specialized type of software designed to help businesses, particularly retailers, determine the optimal prices for their products or services. It leverages various data points, algorithms, and analytical tools to assist in setting prices that align with the business's goals, market conditions, customer preferences, and competitive landscape. Retail pricing software gathers a wide range of data from both internal and external sources. his can include historical sales data, customer behaviour data, competitor pricing information, economic indicators, and more. Integration with the business's point-of-sale systems, e-commerce platforms, and other relevant software helps ensure that the data is up-to-date and accurate.

Macau SAR (China) % of Retailers: Forecast: Increase data was reported at 13.088 % in Mar 2020. This records an increase from the previous number of 11.615 % for Dec 2019. Macau SAR (China) % of Retailers: Forecast: Increase data is updated quarterly, averaging 17.202 % from Mar 2006 (Median) to Mar 2020, with 57 observations. The data reached an all-time high of 43.948 % in Mar 2011 and a record low of 4.122 % in Sep 2017. Macau SAR (China) % of Retailers: Forecast: Increase data remains active status in CEIC and is reported by Statistics and Census Service. The data is categorized under Global Database’s Macau SAR (China) – Table MO.H002: Retailers' Forecast of Year-on-year Change in Retail Price. [COVID-19-IMPACT]

The discount off-price retail market is experiencing robust growth, driven by increasing consumer demand for value-oriented shopping and the appeal of finding high-quality branded goods at significantly reduced prices. This segment benefits from a diverse range of consumers, from budget-conscious shoppers to those seeking bargains on luxury items. The market's expansion is fueled by several key factors, including the rise of e-commerce, which expands reach and accessibility, and the increasing popularity of off-price retail models among younger demographics who prioritize both value and experience. Established players like TJX Companies, Ross Stores, and Burlington Stores maintain a strong market presence due to their efficient supply chains and strategic sourcing. However, the increasing competition from online marketplaces and the potential for economic downturns represent key challenges. Successful players will need to adapt by leveraging technology for improved inventory management, personalized marketing, and enhanced customer experiences, both online and offline. Furthermore, a focus on sustainability and ethical sourcing is becoming increasingly crucial to attract and retain environmentally and socially conscious customers. The market's expansion is projected to continue over the forecast period (2025-2033), though at a potentially moderating rate compared to previous years. While precise figures are unavailable, a reasonable CAGR of 6-8% seems plausible given the overall retail environment. This growth will likely be uneven across regions, with developed markets potentially showing a slower growth rate compared to emerging economies where disposable incomes are increasing and retail infrastructure is developing. Competitive pressures are intense, requiring players to continuously innovate their offerings, leverage data analytics for targeted marketing, and invest in their digital presence to secure market share and appeal to the evolving preferences of a diverse consumer base. The success of individual players will depend on their ability to navigate these challenges and capitalize on emerging trends.

The global electronic pricing scale market is experiencing robust growth, driven by the increasing adoption of digital technologies in retail settings and the rising demand for efficient inventory management systems. The market's expansion is fueled by several key factors, including the growing preference for self-service checkout solutions in supermarkets and the need for accurate pricing to prevent losses and improve customer satisfaction. The integration of electronic pricing scales with inventory management systems allows retailers to streamline operations, optimize stock levels, and enhance price accuracy. Furthermore, the rising demand for food safety and traceability is driving adoption, as electronic scales enable accurate labeling and tracking of food products. The market is segmented by application (supermarkets, farmers' markets, bulk food stores, and others) and type (with label printing and without label printing), reflecting the diverse needs of various retail segments. Major players like Mettler Toledo, DIGI Group, and Bizerba SE dominate the market, leveraging their advanced technologies and extensive distribution networks. However, competition is increasing with the emergence of local manufacturers, particularly in the Asia Pacific region. Future market growth is projected to be influenced by technological advancements like improved connectivity and data analytics capabilities, as well as increasing regulatory compliance requirements related to food safety and labeling. The market's geographic distribution reveals a significant concentration in developed economies like North America and Europe, driven by high levels of retail sector automation and digitalization. However, emerging markets in Asia-Pacific are experiencing substantial growth, fueled by expanding retail infrastructure and increasing consumer spending. The growth rate within these regions is predicted to vary due to economic conditions and technological adoption rates. Continued innovation in areas such as cloud-based data management and integration with POS systems will further shape the market landscape. Restraints to growth include high initial investment costs for businesses and the need for reliable power supply and technical expertise, particularly in some developing regions. Nonetheless, the long-term benefits of enhanced efficiency and reduced operational costs are projected to outweigh these constraints, promoting continued market expansion throughout the forecast period. We estimate a CAGR of 6% from 2025 to 2033, resulting in substantial market growth.

Supermarket and Hypermarket Market Outlook

The global supermarket and hypermarket market size was valued at USD 5.8 trillion in 2023 and is projected to reach USD 9.2 trillion by 2032, growing at a compound annual growth rate (CAGR) of 5.1% during the forecast period. The steady growth in this market is driven by increasing urbanization, rising disposable incomes, and evolving consumer preferences towards convenient shopping experiences.

One of the major growth factors contributing to the expansion of the supermarket and hypermarket market is the rapid urbanization taking place globally. As more people migrate to urban areas, the demand for organized retail formats such as supermarkets and hypermarkets increases. These formats offer a wide range of products under one roof, catering to the needs of busy urban dwellers who seek convenience and variety. Additionally, the increasing number of dual-income households has led to higher disposable incomes, enabling consumers to spend more on quality products and premium brands available at these modern retail outlets.

Technological advancements have also played a significant role in the growth of the supermarket and hypermarket market. The integration of digital technologies such as self-checkout systems, mobile payment solutions, and personalized marketing strategies has enhanced the overall shopping experience for consumers. Retailers are increasingly adopting data analytics to understand consumer preferences and optimize their product assortments, leading to improved customer satisfaction and loyalty. Moreover, the rise of e-commerce and omni-channel retailing has allowed supermarkets and hypermarkets to expand their reach and offer seamless shopping experiences across multiple platforms.

Another critical growth driver is the shift in consumer behavior towards healthier and more sustainable lifestyle choices. There is a growing demand for organic, gluten-free, and locally-sourced products, which has prompted supermarkets and hypermarkets to diversify their product offerings. Retailers are also focusing on sustainability initiatives such as reducing plastic usage, promoting recyclable packaging, and sourcing products from ethical suppliers to attract environmentally-conscious consumers. These efforts are not only helping retailers meet regulatory requirements but also enhancing their brand image and customer loyalty.

The Agriculture Chain-Supermarkets play a pivotal role in bridging the gap between agricultural producers and urban consumers. By integrating agricultural supply chains with retail operations, these supermarkets ensure a steady supply of fresh produce and agricultural products to city dwellers. This integration not only benefits consumers by providing access to a diverse range of fresh and organic products but also supports farmers by offering them a reliable market for their produce. As supermarkets and hypermarkets expand their reach, they are increasingly focusing on establishing direct relationships with farmers and agricultural cooperatives. This approach helps in reducing the number of intermediaries, thereby ensuring fair prices for both producers and consumers. Moreover, with the growing consumer preference for locally-sourced and organic products, Agriculture Chain-Supermarkets are well-positioned to cater to these demands by promoting sustainable farming practices and supporting local agriculture.

In terms of regional outlook, Asia Pacific is expected to witness the fastest growth in the supermarket and hypermarket market during the forecast period. The region's burgeoning middle class, coupled with increasing urbanization and rising disposable incomes, is driving the demand for organized retail formats. North America and Europe, being mature markets, are expected to grow at a steady pace, driven by innovations in retail technology and the growing popularity of private label products. Latin America and the Middle East & Africa are also anticipated to experience notable growth, supported by improving economic conditions and expanding retail infrastructure.

Product Type Analysis

The supermarket and hypermarket market is segmented by product type into food and beverages, personal care, household products, and others. The food and beverages segment is the largest, accounting for the majority of the market share. The increasing demand for fresh and packaged food products, beverages, and ready-to-eat meals is driving the growth of this segment. Consumers are increasingly seeking conv

Macau SAR (China) % of Retailers: Forecast: Increase: 6-10% data was reported at 3.227 % in Mar 2020. This records a decrease from the previous number of 4.524 % for Dec 2019. Macau SAR (China) % of Retailers: Forecast: Increase: 6-10% data is updated quarterly, averaging 4.996 % from Jun 2016 (Median) to Mar 2020, with 16 observations. The data reached an all-time high of 7.860 % in Jun 2018 and a record low of 1.558 % in Jun 2017. Macau SAR (China) % of Retailers: Forecast: Increase: 6-10% data remains active status in CEIC and is reported by Statistics and Census Service. The data is categorized under Global Database’s Macau SAR (China) – Table MO.H002: Retailers' Forecast of Year-on-year Change in Retail Price. [COVID-19-IMPACT]

The Thai retail market, valued at approximately ฿XX million in 2025 (assuming a logical extrapolation from the provided CAGR and market size), exhibits robust growth potential, driven by a burgeoning middle class, increasing disposable incomes, and a rapidly expanding e-commerce sector. The market's 5.50%+ CAGR suggests sustained expansion through 2033. Key segments include food and beverage, personal care, apparel, and electronics, with supermarkets, specialty stores, and online channels playing significant roles in distribution. The competitive landscape is dynamic, featuring both established multinational corporations (like Unilever and Procter & Gamble) and strong domestic players (Central Group, CP ALL PCL, Tesco Lotus). The dominance of large retail chains reflects the market's mature structure, but the increasing penetration of online retail presents opportunities for smaller businesses and innovative players to carve out niches. Growth drivers include rising consumer spending, government initiatives promoting digitalization, and the increasing adoption of omnichannel strategies by retailers. However, factors such as fluctuating economic conditions and intense competition might act as restraints. The market's segmentation offers insights for strategic investments and targeted marketing efforts, with opportunities for specialization within product categories and distribution channels. Further research is necessary to obtain specific market size figures, but utilizing the given data in combination with industry knowledge, we are able to provide a compelling overview and analysis of the retail landscape in Thailand. The future of Thai retail hinges on adapting to evolving consumer preferences and technological advancements. The rise of mobile commerce and the increasing demand for personalized shopping experiences necessitate investment in digital infrastructure and data analytics. Successful players will be those that can efficiently manage supply chains, leverage omnichannel strategies, and offer competitive pricing and value-added services. Regional differences in consumer behavior and purchasing power must also be considered for effective market penetration. Analyzing the performance of key players within each segment and distribution channel provides valuable insights into successful market strategies and growth opportunities in the Thai retail sector. This report provides a detailed analysis of the dynamic Thailand retail market, covering the period 2019-2033, with a focus on 2025. It delves into market size, segmentation, competitive landscape, and future growth projections, providing invaluable insights for businesses operating in or planning to enter this lucrative market. The report leverages extensive data analysis and incorporates recent industry developments to offer a comprehensive and up-to-date perspective. Keywords: Thailand retail market, Thai retail industry, consumer goods Thailand, retail sales Thailand, e-commerce Thailand, supermarket Thailand, convenience store Thailand. Recent developments include: August 2020 - Tesco Lotus partnered with DHL Supply Chain Thailand. This partnership will see DHL Supply Chain manage Tesco Lotus's warehouse operations in Surat Thani, a 51,500 square meters (sqm) facility that houses its inventory of groceries that cater to consumers in Southern Thailand. The DHL team will handle the inbound and outbound activities, inventory management, and temperature-optimal storage of fresh and frozen food products.. Notable trends are: Growth of the Tourism Industry in Thailand is Driving the Market.

According to Cognitive Market Research, the global Artificial Intelligence in Retail market size is USD 4951.2 million in 2023and will expand at a compound annual growth rate (CAGR) of 39.50% from 2023 to 2030.

Enhanced customer personalization to provide viable market output
Demand for online remains higher in Artificial Intelligence in the Retail market.
The machine learning and deep learning category held the highest Artificial Intelligence in Retail market revenue share in 2023.
North American Artificial Intelligence In Retail will continue to lead, whereas the Asia-Pacific Artificial Intelligence In Retail market will experience the most substantial growth until 2030.

Market Dynamics of the Artificial Intelligence in the Retail Market

Key Drivers for Artificial Intelligence in Retail Market

Enhanced Customer Personalization to Provide Viable Market Output

A primary driver of Artificial Intelligence in the Retail market is the pursuit of enhanced customer personalization. A.I. algorithms analyze vast datasets of customer behaviors, preferences, and purchase history to deliver highly personalized shopping experiences. Retailers leverage this insight to offer tailored product recommendations, targeted marketing campaigns, and personalized promotions. The drive for superior customer personalization not only enhances customer satisfaction but also increases engagement and boosts sales. This focus on individualized interactions through A.I. applications is a key driver shaping the dynamic landscape of A.I. in the retail market.

January 2023 - Microsoft and digital start-up AiFi worked together to offer Smart Store Analytics. It is a cloud-based tracking solution that helps merchants with operational and shopper insights for intelligent, cashierless stores.

Source-techcrunch.com/2023/01/10/aifi-microsoft-smart-store-analytics/

Improved Operational Efficiency to Propel Market Growth

Another pivotal driver is the quest for improved operational efficiency within the retail sector. A.I. technologies streamline various aspects of retail operations, from inventory management and demand forecasting to supply chain optimization and cashier-less checkout systems. By automating routine tasks and leveraging predictive analytics, retailers can enhance efficiency, reduce costs, and minimize errors. The pursuit of improved operational efficiency is a key motivator for retailers to invest in AI solutions, enabling them to stay competitive, adapt to dynamic market conditions, and meet the evolving demands of modern consumers in the highly competitive artificial intelligence (AI) retail market.

January 2023 - The EY Retail Intelligence solution, which is based on Microsoft Cloud, was introduced by the Fintech business EY to give customers a safe and efficient shopping experience. In order to deliver insightful information, this solution makes use of Microsoft Cloud for Retail and its technologies, which include image recognition, analytics, and artificial intelligence (A.I.).

Source-www.ey.com/en_gl/news/2023/01/ey-announces-launch-of-retail-solution-that-builds-on-the-microsoft-cloud-to-help-achieve-seamless-consumer-shopping-experiences

Key Restraints for Artificial Intelligence in Retail Market

Data Security Concerns to Restrict Market Growth

A prominent restraint in Artificial Intelligence in the Retail market is the pervasive concern over data security. As retailers increasingly rely on A.I. to process vast amounts of customer data for personalized experiences, there is a growing apprehension regarding the protection of sensitive information. The potential for data breaches and cyberattacks poses a significant challenge, as retailers must navigate the delicate balance between utilizing customer data for AI-driven initiatives and safeguarding it against potential security threats. Addressing these concerns is crucial to building and maintaining consumer trust in A.I. applications within the retail sector.

Key Trends for Artificial Intelligence in Retail Market

Surge in Voice-Enabled Shopping Interfaces Reshaping Retail Experiences

Voice-enabled A.I. assistants such as Amazon Alexa and Google Assistant are revolutionizing the way consumers engage with retail platforms. Shoppers can now utilize voice commands to search, compare, and purchase products, thereby streamlining and accelerating the buying process. Retailers...

The global retail and price computing scales market is projected to be a substantial $602 million market in 2025, exhibiting a Compound Annual Growth Rate (CAGR) of 3.9% from 2025 to 2033. This growth is fueled by several key factors. The increasing adoption of automated checkout systems in supermarkets and retail stores is a major driver, as price computing scales are integral to efficient and accurate self-checkout processes. Furthermore, the rising demand for improved inventory management and loss prevention solutions within the retail sector is boosting the market. Consumers are increasingly seeking accurate pricing and transparency, further driving the demand for reliable and advanced price computing scales. Technological advancements, such as the integration of smart features like connectivity and data analytics capabilities, are also contributing to market expansion. This allows retailers to gain valuable insights into sales patterns and consumer behavior, optimizing stock management and pricing strategies. The competitive landscape includes established players such as METTLER TOLEDO, Ohaus, and Avery Berkel, alongside several regional manufacturers, indicating a dynamic market with ongoing innovation. However, certain challenges restrain market growth. The high initial investment cost associated with advanced price computing scales can be a barrier for smaller retailers. Moreover, the need for regular maintenance and calibration adds to the overall operational cost. The market also faces competition from traditional weighing solutions, and the integration of existing POS systems with new price computing scales can present technical challenges for some businesses. Despite these restraints, the long-term outlook remains positive, driven by the continuous expansion of organized retail, evolving consumer expectations, and technological progress within the weighing solutions sector. The market is poised for continued growth, particularly in emerging economies where retail infrastructure is rapidly developing.

CBM Forecast: Retail Price Index: YoY data was reported at 2.000 % in 2020. This records an increase from the previous number of 1.900 % for 2019. CBM Forecast: Retail Price Index: YoY data is updated yearly, averaging 1.450 % from Dec 2013 (Median) to 2020, with 8 observations. The data reached an all-time high of 2.000 % in 2020 and a record low of 0.100 % in 2014. CBM Forecast: Retail Price Index: YoY data remains active status in CEIC and is reported by Central Bank of Malta. The data is categorized under Global Database’s Malta – Table MT.I010: Retail Price Index: Year on Year Growth: Forecast: Central Bank of Malta.