https://www.mordorintelligence.com/privacy-policyhttps://www.mordorintelligence.com/privacy-policy
The Taiwan Retail Industry market report segments the industry into Product Type (Food, Beverage, and Tobacco Products, Personal Care and Household, Apparel, Footwear, and Accessories, Furniture, Toys, and Hobby, Industrial and Automotive, Electronic and Household Appliances, and more) and Distribution Channel (Hypermarkets, Supermarkets, Convenience Stores, and Department Stores, Specialty Stores, Online, and more).
In 2023, the B2C e-commerce platform Momo, established in 2004, had approximately 26.7 percent of Taiwan's e-commerce market. In that year, PChome took up about 9.3 percent of e-commerce market share in Taiwan.
In 2023, PX Mart enjoyed the largest market share in Taiwan's supermarket and hypermarket industry, amounting to almost 35 percent. Established in 1998, PX Mart was now the largest supermarket chain with over one thousand stores across Taiwan.
In 2022, Hotai Motor won the largest share in the automobile market in Taiwan, accounting for 19.1 percent of the total retail sales. Pan German Motors and Pan German Universal Motors enjoyed similar market shares, with 6.4 percent and 6.1 percent, respectively.
Attribution-NonCommercial 4.0 (CC BY-NC 4.0)https://creativecommons.org/licenses/by-nc/4.0/
License information was derived automatically
In Taiwan, 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 $44.60B, which is 84.80% of the region's total sales in this sector. Food & Drink follows with robust sales figures, achieving $1.27B in sales and comprising 2.41% of the region's total. Health contributes a considerable amount to the regional market, with sales of $476.96M, accounting for 0.91% of the total sales in Taiwan. This breakdown highlights the varying economic impacts of different categories within the region, showcasing the diversity and strengths of each sector.
https://www.marketdatapoint.com/privacy-policyhttps://www.marketdatapoint.com/privacy-policy
The Taiwan retail industry, spanning from traditional brick-and-mortar stores to burgeoning e-commerce platforms, is a dynamic sector experiencing significant transformation. The period from 2019 to 2024 witnessed substantial growth, driven by factors such as rising disposable incomes, a growing middle class with increased spending power, and the increasing adoption of digital technologies. While precise market size figures for 2019-2024 are unavailable, industry reports and economic indicators suggest a steady upward trajectory. Assuming a conservative average annual growth rate (CAGR) of 4% during this period, and a 2025 market size of approximately $NT 4 trillion (based on publicly available data for similar economies), we can estimate the 2019 market size to have been around $NT 3.2 trillion. Looking ahead to the forecast period (2025-2033), the industry is poised for continued expansion, albeit at a potentially moderated pace. Factors such as evolving consumer preferences (towards experiences and sustainability), the persistent impact of global economic uncertainty, and increasing competition from both domestic and international players will influence the growth rate. A projected CAGR of 3% for the 2025-2033 period, a slightly lower rate reflecting market maturity and potential headwinds, seems reasonable. This implies that the market size could reach approximately $NT 5.5 trillion by 2033. This growth will likely be driven by the continued development of omnichannel strategies, increasing penetration of mobile commerce, and the focus on personalized customer experiences. The industry’s success will hinge on its ability to adapt to changing consumer behaviors and technological advancements. 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 President Chain Store, owning permanent operating rights of 7-Eleven in Taiwan, enjoyed a dominant role in Taiwan’s convenience store industry, with a 47.9 percent market share. FamilyMart followed behind, possessing over one-fifth of the market value. Convenience stores in Taiwan As of 2020, Taiwan has the second-highest convenience store density in the world, only second to South Korea. By the end of that year, the island recorded nearly 12 thousand convenience store outlets from five major operators. Within walking distance from many homes and offices, convenience stores in Taiwan provided long open hours and a wide range of services. Customers could purchase and top up their EasyCard (a contactless smart card for public transport services), send and receive packages, and pay utility bills in convenience stores. Convenience store consumers According to a survey conducted in 2020, around 84 percent of respondents named convenience stores as their favorite offline shopping channel, the highest among all channels. In 2020, the total number of convenience store visitors exceeded 3.29 billion, translating to each consumer visiting a convenience store 130 times a year.
Attribution-NonCommercial 4.0 (CC BY-NC 4.0)https://creativecommons.org/licenses/by-nc/4.0/
License information was derived automatically
This chart offers an insightful look at the store count by category in Taiwan. Leading the way is Food & Drink, with 4.67K stores, which is 17.29% of the total stores in the region. Next is Apparel, contributing 4.29K stores, or 15.87% of the region's total. Home & Garden also has a notable presence, with 3.2K stores, making up 11.83% of the store count in Taiwan. This breakdown provides a clear picture of the diverse retail landscape in Taiwan, showcasing the variety and scale of stores across different categories.
In 2023, the Shin Kong Mitsukoshi department store, established in 1989, enjoyed a 19.7 percent market share in Taiwan's department store industry. Far Eastern and SOGO ranked behind with a market share of 13.7 and 11.1 percent respectively.
Attribution-NonCommercial 4.0 (CC BY-NC 4.0)https://creativecommons.org/licenses/by-nc/4.0/
License information was derived automatically
This chart provides a detailed overview of the number of Taiwan online retailers by Monthly Product Sold. Most Taiwan stores' Monthly Product Sold are Less than 100, there are 22.65K stores, which is 70.19% of total. In second place, 8.04K stores' Monthly Product Sold are 100 to 1K, which is 24.90% of total. Meanwhile, 949 stores' Monthly Product Sold are 1K to 10K, which is 2.94% of total. This breakdown reveals insights into Taiwan stores distribution, providing a comprehensive picture of the performance and efficient of online retailer.
Attribution-NonCommercial 4.0 (CC BY-NC 4.0)https://creativecommons.org/licenses/by-nc/4.0/
License information was derived automatically
The pie chart showcases the distribution of app/software spending by store category in Taiwan, 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 $785.47K units representing 27.46% of the overall spending. Following closely behind is Beauty & Fitness with a spend of $405.05K units, comprising 14.16% of the total. Food & Drink also contributes significantly with a spend of $197.41K units, accounting for 6.90% 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.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
Taiwan Number of Company: NR: Wholesale & Retail Trade data was reported at 365.000 Unit in Jun 2018. This records a decrease from the previous number of 471.000 Unit for May 2018. Taiwan Number of Company: NR: Wholesale & Retail Trade data is updated monthly, averaging 493.500 Unit from Jan 2007 (Median) to Jun 2018, with 138 observations. The data reached an all-time high of 832.000 Unit in Jun 2016 and a record low of 240.000 Unit in Feb 2008. Taiwan Number of Company: NR: Wholesale & Retail Trade data remains active status in CEIC and is reported by Ministry of Economic Affairs. The data is categorized under Global Database’s Taiwan – Table TW.O010: Number of Company: Registered: By Industry.
In 2023, the online retail of food, beverage, and tobacco in Taiwan totaled around 15.99 billion New Taiwan dollars. In the same year, about more than 15 billion New Taiwan dollar-worth of information and communications equipment were sold online.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
Internet Usage: Device Vendor Market Share: Mobile: TCL data was reported at 0.010 % in 10 May 2025. This records a decrease from the previous number of 0.020 % for 09 May 2025. Internet Usage: Device Vendor Market Share: Mobile: TCL data is updated daily, averaging 0.010 % from Mar 2025 (Median) to 10 May 2025, with 53 observations. The data reached an all-time high of 0.030 % in 04 May 2025 and a record low of 0.000 % in 29 Mar 2025. Internet Usage: Device Vendor Market Share: Mobile: TCL data remains active status in CEIC and is reported by Statcounter Global Stats. The data is categorized under Global Database’s Taiwan – Table TW.SC.IU: Internet Usage: Device Vendor Market Share.
In the fourth quarter of 2023, retail sales value of food in hypermarkets constituted 26.1 percent of the total food product retail sales in Taiwan. Supermarkets followed closely with a market share of 26 percent.
Attribution-NonCommercial 4.0 (CC BY-NC 4.0)https://creativecommons.org/licenses/by-nc/4.0/
License information was derived automatically
This chart illustrates the estimated sales amounts generated by stores on various platforms within Taiwan. Custom Cart shows a significant lead, with total sales amounting to $49.00B, which constitutes 93.17% of the region's total sales on platforms. WooCommerce reports sales of $875.22M, accounting for 1.66% of the total platform sales in Taiwan. 91APP also holds a notable share, with its sales reaching $691.68M, representing 1.32% of the overall sales amount. This data provides a comprehensive view of the market dynamics in Taiwan, highlighting which platforms are driving the most sales.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
Taiwan Number of Company: RG: Wholesale & Retail Trade data was reported at 114,807.000 Unit in Jun 2018. This records a decrease from the previous number of 115,290.000 Unit for May 2018. Taiwan Number of Company: RG: Wholesale & Retail Trade data is updated monthly, averaging 120,863.500 Unit from Jan 2007 (Median) to Jun 2018, with 138 observations. The data reached an all-time high of 138,362.000 Unit in May 2007 and a record low of 114,807.000 Unit in Jun 2018. Taiwan Number of Company: RG: Wholesale & Retail Trade data remains active status in CEIC and is reported by Ministry of Economic Affairs. The data is categorized under Global Database’s Taiwan – Table TW.O010: Number of Company: Registered: By Industry.
The Taiwan Home Furniture Market size was valued to be USD 1.5 Billion in the year 2024 and it is expected to reach USD 1.90 Billion in 2032, at a CAGR of 3% over the forecast period of 2026 to 2032.
Key Market Drivers:
• Urbanization and Lifestyle Changes: Rapid urbanization and changing lifestyles drive demand for modern and compact furniture solutions. With approximately 80% of Taiwan’s population living in urban areas average apartment sizes decreased to 50-60 square meters in major cities such as Taipei.
• E-commerce Penetration: High internet penetration and widespread smartphone usage in Taiwan drive online furniture shopping. Consumers increasingly prefer the convenience of browsing and purchasing furniture online. Online platforms make furniture shopping convenient and accessible, boosting sales.
https://www.verifiedmarketresearch.com/privacy-policy/https://www.verifiedmarketresearch.com/privacy-policy/
Taiwan Mobile Payments Market size was valued at USD 627.1 Million in 2024 and is projected to reach USD 2341.3 Million by 2032, growing at a CAGR of 17.9% from 2025 to 2032.
Taiwan Mobile Payments Market: Definition/ Overview
Mobile payments refer to the use of smartphones, tablets, or other mobile devices to conduct financial transactions, such as purchasing goods and services, transferring money, or paying bills. These payments are facilitated through various technologies, including mobile wallets, banking apps, QR codes, NFC (Near Field Communication), and SMS-based systems. The convenience, speed, and security of mobile payments have revolutionized the way consumers and businesses handle transactions, reducing reliance on cash and traditional card payments. transactions, peer-to-peer transfers, and even public services, providing a seamless and efficient payment experience.
https://www.mordorintelligence.com/privacy-policyhttps://www.mordorintelligence.com/privacy-policy
The Taiwan Cybersecurity Market report segments the industry into By Offering (Solutions, Services), By Deployment Mode (Cloud, On-Premise), By Organization Size (SMEs, Large Enterprises), and By End User (BFSI, Healthcare, IT and Telecom, Industrial & Defense, Retail, Energy and Utilities, Manufacturing, Others). Get five years of historical data alongside five-year market forecasts.
https://www.mordorintelligence.com/privacy-policyhttps://www.mordorintelligence.com/privacy-policy
The Taiwan Retail Industry market report segments the industry into Product Type (Food, Beverage, and Tobacco Products, Personal Care and Household, Apparel, Footwear, and Accessories, Furniture, Toys, and Hobby, Industrial and Automotive, Electronic and Household Appliances, and more) and Distribution Channel (Hypermarkets, Supermarkets, Convenience Stores, and Department Stores, Specialty Stores, Online, and more).