This statistic displays total expenditure on research and development by businesses operating wholesale and retail trade industries in the United Kingdom (UK) from 2018 to 2021. R&D expenditure in the UK retail and wholesale industry was reported to amount to 1.7 billion British pounds in 2021.
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"UK Retail Parks 2018 – 2023", report forms part of GlobalData's Retail Channels series, and offers a comprehensive insight into the consumer and market dynamics of the retail parks channel. The report analyses the market, which retailer consumers use and consumer attitudes of the location. Read More
Retail Analytics Market Size 2024-2028
The retail analytics market size is forecast to increase by USD 21.6 billion at a CAGR of 28.1% between 2023 and 2028.
The market is experiencing significant growth due to the increasing volume and complexity of data generated by retail businesses. This data provides valuable insights into consumer behavior, inventory management, and operational efficiency. Another key trend is the increasing adoption of artificial intelligence and inventory robots in the retail sector to analyze customer preferences, optimize pricing, and personalize marketing efforts.
However, privacy and security concerns of customers remain a challenge, as retailers must ensure that customer data is protected while still providing personalized experiences. To address this, retailers are investing in advanced security measures and transparent data handling practices. Overall, the market is poised for continued growth as retailers seek to gain a competitive edge through data-driven insights.
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The market is experiencing significant growth due to the increasing adoption of big data, data mining, and artificial intelligence (AI) technologies to gain business insights from customer behavior patterns and preferences in both physical retail stores and virtual stores, including e-commerce platforms.
Retailers are leveraging data analytics to optimize product inventory management, shelf space allocation, and assortment planning, minimizing out-of-stock situations and reducing product obsolescence. AI-driven solutions enable micro-level analysis of multi-channel order performance, supply chain processes, and shelf space management. Blockchain technology is also gaining traction in the retail sector for secure data sharing and enhanced transparency in supply chain movements and inventory levels.
Procurement levels, marketing decisions, product recommendations, pricing strategy, and promotional campaigns are among the various areas where retail analytics plays a crucial role in driving operational efficiency and enhancing customer satisfaction.
How is this Retail Analytics Industry segmented and which is the largest segment?
The retail analytics industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.
Application
In-store operation
Customer management
Supply chain management
Marketing and merchandizing
Others
Component
Software
Services
Geography
North America
US
Europe
Germany
UK
APAC
China
India
Middle East and Africa
South America
By Application Insights
The in-store operation segment is estimated to witness significant growth during the forecast period.
The market encompasses the utilization of big data, data mining, and business insights to optimize retail operations across various channels. This includes physical retail stores, virtual stores, e-commerce platforms, mobile apps, and online grocery shopping. Retailers employ customer-level analytics for understanding customer behavior patterns, sales performance, and preferences. Advanced technologies such as artificial intelligence (AI), machine learning, and self-learning computer algorithms are used to analyze data and provide real-time assistance. Retailers focus on inventory management, including product inventory management, shelf space allocation, micro-level analysis, assortment planning, and out-of-stock situations. They also address obsolescence, multi-channel order performance, and supply chain processes.
Real-time data analysis is crucial for managing inventory levels, procurement levels, pricing strategies, and marketing decisions. Retailers use customer personas and data privacy regulations to ensure customer satisfaction and loyalty. Retail analytics plays a significant role in Industry 4.0, digital transformation, and real-time data analysis. It enables predictive learning algorithms, demand forecasting, and visualization for effective inventory management and pricing strategies. Large enterprises in finance, sales and marketing, and supply chain sectors benefit from retail analytics, along with retail chains and merchandising teams for strategy and planning, staff management, and pricing management.
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The In-store operation segment was valued at USD 1.03 billion in 2018 and showed a gradual increase during the forecast period.
Regional Analysis
North America is estimated to contribute 30% to the growth of the global market during the forecast period.
Technavio's analysts have el
This dataset has been supplied by the project ‘Understanding and Enhancing the Community Value of Traditional Retail Markets in UK cities’ (Project Reference: ES/P010547/1) conducted by the University of Leeds, the Open University, the National Market Traders Federation, and the New Economics Foundation. The dataset contains interview transcripts, workshop notes, and focus group transcripts that are applicable for qualitative analysis, and survey data that is applicable for statistical analysis.
The qualitative dataset includes transcripts of interviews, workshops, and focus groups about the community value of Traditional Retail Markets (TRM); the context and particularities of Bury Market, Grainger Market, and Queen’s Market; and the market users’ everyday life experiences of these three markets. The quantitative dataset includes the responses of Bury Market, Grainger Market, and Queen’s Market users regarding the economic, social, and cultural value of these markets from a user perspective.
Supporting documentation for the qualitative data includes a Data listing, Information sheets, Consent forms, and Topic guides (Full list in ReadMe file). Supporting documentation for the quantitative data includes Recruitment leaflets, Information sheets, Questionnaires, and Variables description (Full list in ReadMe file). More information about the project can be found at https://trmcommunityvalue.leeds.ac.uk/.
Traditional Retail Markets (TRM) have played a significant role in UK’s towns and cities for centuries but their central community role is threatened by radical changes in retail trends, public sector cuts and, more recently, the increased pressures created by the COVID-19 crisis. Our study provides a new way to understand the community value which traditional markets offer, which we have defined as constituted by three interconnected dimensions: 1. Economic: TRMs as places that provide affordable food, products and services as well as create opportunities for low-cost business start-ups. 2. Social: TRMs as platforms for social mobility and the development of community ties and trust leading to better social inclusion. 3. Cultural: TRMs as spaces for experiencing a diversity of cultures and ethnicities and provide a sense of place for migrants, ethnic minorities and generally vulnerable citizens.
Between February 2018 and September 2021, this project has collected and analysed qualitative and quantitative data to propose a new understanding of the community value that markets can bring about. In addition to reviewing industry, academic, community, media and policy publications to understand the current national and international public discourse around traditional markets, we developed a mixed methods, collaborative and action-oriented research approach. We interviewed over 50 experts and ran workshops with policymakers, market traders, market operators and managers, and representatives from charity organisations and community groups. In order to gain an in-depth understanding of market users’ experiences, we surveyed 1500 market users and run 6 focus groups in three case-study markets: Bury Market, Grainger Market, and Queen's Market.
To extend the potential of this study and have a real societal impact, we have co-produced our research with non-academic partners from the TRM sector (National Market Traders Federation, NMTF) and experts in community economics (New Economics Foundation, NEF). In this way, we have developed usable outputs and tools to support the work of all the groups we have worked with.
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"E-Retail in the UK 2018 – 2023", report forms part of GlobalData's Retail Channels series, and offers a comprehensive insight into the consumer and market dynamics of the e-retail channel. The report analyses the channel, the main trends, and consumer attitudes of the channel. Read More
This chart presents the share of retail sales revenue generated through online channels in the fourth quarter of 2018 in the United Kingdom (UK), broken down by preferred device. The data reveals that as of the last quarter of 2018, purchases made through smartphones generated the highest share of retail sales revenue at 40.4 percent.
Online retail shops in the UK have achieved growth of more than 50 percent between 2013 and 2018, based on expenditure. In contrast, the growth rate of offline shopping locations such as retail parks, malls and town centres remained below 10 percent. Town centres are especially afflicted by slumping growth rates, as more store closures are taking place in British high streets.
The future is not that dark for offline retail
The outlook for online and offline shopping locations changes somewhat dramatically for the next few years until 2023. While online still has a greater growth rate than offline shopping locations, and increasingly accounts for a larger share in retail trade, significant improvements are forecast for offline shopping locations, particularly for retail parks and town centres.
Combining online and offline
This can be accounted for increasing multichannel and omnichannel capabilities conventional retailers are adopting, with a view to gradually bridge their brick and mortar business with online sales and service.
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The UK will continue to remain the largest market in 2018, driven by growing traffic to the London Heathrow airport A trend of personalizing shopping experience is gaining momentum in Duty Free retail All duty free stores in Romanian market are set to be closed by 2015 Gebr Heinemann and World Duty Free Group are the leading retailers in the region Read More
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General retailers hold the largest share of retail sales in 2013, and will continue to dominate the market in 2018 Online channel is set to grow the fastest in the forecast period, 2013–2018, followed by Duty free retailers Apparel, accessories, luggage and leather goods and cosmetics toiletries are expected to grow the fastest over the next five years. Read More
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This report is the result of Conlumino’s extensive market research covering the United Kingdom Consumer Electronics. It provides detailed historic and forecast sales value of the market at category level. "Consumer Electronics Retailing in the United Kingdom : Market Snapshot to 2018" provides a top-level overview and detailed insight into the operating environment of the United Kingdom retail industry. It is an essential tool for companies active across the United Kingdom retail value chain and for new players considering entering the market. Read More
E-Commerce Retail Market Size 2024-2028
The e-commerce retail market size is forecast to increase by USD 4,061.3 billion at a CAGR of 11.2% between 2023 and 2028. The market is witnessing significant growth, driven by the increasing use of digital devices for purchasing everyday basics and luxury items. Headless e-commerce architecture, which separates the front-end presentation layer from the back-end services, is gaining popularity for its flexibility and faster time-to-market. Market trends include the integration of artificial intelligence for personalized shopping experiences and the adoption of augmented reality for enhanced product visualization. Payment gateways and digital wallets are becoming essential features for seamless transactions, while security remains a top priority with the implementation of advanced security features. Strict regulatory policies related to compliance and customer protection further fuel market growth. Overall, the market is poised for continued expansion, driven by technological innovations and evolving consumer preferences.
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The market is experiencing significant growth, driven by the increasing popularity of online shopping for daily essentials and luxury products. Smartphones have become the primary device for accessing online platforms, making mobile technologies essential for retailers. Cross-border e-commerce is also gaining traction, enabling consumers to purchase items from different countries. Retail e-commerce includes business-to-business (B2B) and consumer-to-consumer (C2C) transactions. E-commerce platforms are integrating inventory management, order processing, payment integration, mobile applications, and responsive websites to enhance the shopping experience. Digital payment methods, including voice orders and augmented reality, are also becoming increasingly popular. The market's growth is influenced by factors such as internet penetration, convenience shopping, and the availability of computer, smartphone, and tablet devices. Data security is a critical concern for consumers and retailers, necessitating security measures to protect sensitive information. The market is expected to continue its growth trajectory, offering significant opportunities for businesses in the e-commerce sector.
Market Segmentation
The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.
Product
Apparel and accessories
Groceries
Footwear
Personal and beauty care
Others
Modality
Business to business (B2B)
Business to consumer (B2C)
Consumer to consumer (C2C)
Geography
APAC
China
India
Japan
South Korea
North America
Canada
US
Europe
Germany
UK
France
Italy
South America
Middle East and Africa
By Product Insights
The apparel and accessories segment is estimated to witness significant growth during the forecast period. The market, particularly in sectors such as apparel and accessories, is witnessing significant growth due to several factors. Increasing consumer affluence, the trend toward premiumization, and the shift toward organized retail are key drivers of this expansion. In India, the domestic lifestyle industry, which encompasses apparel, beauty, accessories, and footwear, is projected to reach USD 210 billion by 2028. A significant factor fueling this growth is the Gen Z demographic, which is heavily influenced by social media trends and is increasingly turning to online platforms for shopping. This demographic's preference for the latest fashion trends and their willingness to invest in premium products make them a crucial segment for e-commerce retailers. Hybrid marketplaces, which combine elements of both pure marketplaces and traditional retail, are gaining popularity in the e-commerce retail landscape.
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The apparel and accessories segment accounted for USD 1,183.90 billion in 2018 and showed a gradual increase during the forecast period.
Regional Insights
APAC is estimated to contribute 42% to the growth of the global market during the forecast period. Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
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The Asia Pacific region is witnessing significant growth in the market due to innovative hybrid marketplaces and strategic partnerships that facilitate cross-border trade. In Japan, for instance, there is an increasing trend towards pure marketplaces that offer services to assist retailers in managing i
Retail Automation Market Size 2024-2028
The retail automation market size is forecast to increase by USD 11.96 billion at a CAGR of 10.87% between 2023 and 2028.
The market is experiencing significant growth due to several key trends. The high adoption of contactless payment solutions is driving market expansion, as consumers increasingly prefer contactless transactions for convenience and safety. Another trend is the emergence of big data management, which enables retailers to analyze customer behavior and preferences, optimize inventory, and improve operational efficiency. However, privacy and security concerns associated with the collection and use of customer data are challenges that need to be addressed to ensure consumer trust and compliance with regulations. Retailers must prioritize data security measures and implement transparent data handling practices to mitigate these concerns and maintain customer trust.
What will be the Size of the Retail Automation Market During the Forecast Period?
Request Free SampleThe market is experiencing significant growth as logistics technology continues to revolutionize the industry. Smart warehousing and automated warehouse systems are increasingly being adopted to optimize inventory, improve order fulfillment, and enhance customer satisfaction. Data-driven decision making is at the forefront of this transformation, with consumer data being leveraged to map the customer journey and tailor offerings. Innovations in areas such as predictive analytics, robotics process automation (RPA), and artificial intelligence (AI) are driving efficiency and accuracy in inventory management and last-mile delivery. E-commerce growth is a key factor in this market's expansion, with providers offering warehouse management software and omnichannel strategy solutions to help small businesses and brick-and-mortar retailers adapt to the digital age.The future of retail automation is bright, with e-commerce, manufacturing, healthcare, and even grocery stores and restaurants embracing these technologies to streamline operations and enhance the customer experience. Industry conferences, ebooks, blog posts, and consulting resources offer valuable insights into the latest trends and best practices for retailers looking to maximize their ROI.
How is this Retail Automation Industry segmented and which is the largest segment?
The retail automation industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments. TypePoint-of-saleBarcode and RFIDCameraOthersEnd-userSupermarketsHypermarketsSingle item storesFuel stationsRetail pharmaciesGeographyAPACChinaJapanNorth AmericaUSEuropeGermanyUKMiddle East and AfricaSouth America
By Type Insights
The point-of-sale segment is estimated to witness significant growth during the forecast period. Point-of-Sale (POS) automation systems streamline retail transactions by combining hardware and software for efficient sales management. These systems offer significant advantages over traditional cash registers, enabling the storage, sharing, and tracking of sales, payment, and customer data. POS automation enhances operational workflows, ensuring transparency and organizational efficiency. It also delivers a superior shopping experience, aligning with evolving consumer preferences for personalized and convenient services. Technological advancements, such as chatbots, AI business intelligence, and automated inventory management, further enhance POS capabilities. Additionally, POS systems facilitate seamless online transactions, inventory management, and fulfillment chains, including warehouse robotics and automated conveyor systems. Economic growth and increasing individual spending capacities further fuel the adoption of these systems, which incorporate cognitive technology, inventory-scanning systems, and self-checkout systems.Cloud-based POS and warehouse storage solutions provide flexibility and scalability, while automated inventory management and operational workflows ensure transparency and accuracy.
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The Point-of-sale segment was valued at USD 3.66 billion in 2018 and showed a gradual increase during the forecast period.
Regional Analysis
North America is estimated to contribute 32% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
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The market In the Asia Pacific region is projected to expand significantly due to the increasing adoption of automation solutions in various sectors, including e-c
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The Swedish credit card market reported poor performance during 2013-17, but is expected to recover slowly going forward. The retail deposit and mortgage markets in Sweden are expected to decelerate during 2018-22 after a strong performance in the preceding five-year period, while the personal loan market is expected to remain steady. Swedish banks have reported higher profitability compared to their peers in Denmark and Norway, and their operating efficiency is also on an upward trend. Read More
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Russia to be largest market in Europe by 2018, while Ukraine will be the fastest growing market Online will be the fastest-growing channel for Food and Grocery retailing in Europe Demand for private label brands in the UK is on a rise, while click and collect services continue to garner demand Rising preference for locally sourced food products in France is observed Read More
In November 2024, the value of internet sales as a percentage of total retail sales in Great Britain amounted to 26.2 percent. This was a slight decrease compared with the previous month, when online retail sales accounted for 27.5 percent of total retail sales.
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South Korea is the largest Duty Free market globally and in the Asia-Pacific region and will continue to be one, over the next five years China is expected to surpass the two major markets, the UK and the US by 2016, to reach Duty Free sales of US$7.1 billion by 2018 Japan initiated a national campaign to boost overseas visitors in Japan; 10,000 new Duty Free stores are set to be open in the country DFS Group and Lotte Duty Free are major retailers in the region Read More
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The retail deposits and mortgage markets in Mexico reported strong growth during 2013-17, but these gains are expected to decelerate in the next five years. The credit card market is set to accelerate during 2018-22 compared with the preceding five-year period. Mexican banks have been increasing their profitability in recent years, and their operating efficiency is also improving. Read More
Retail-Ready Packaging Market Size 2024-2028
The retail-ready packaging market size is forecast to increase by USD 17.1 mn at a CAGR of 4.85% between 2023 and 2028.
The market is experiencing significant growth, driven by the increasing adoption of corrugated boxes due to their durability and ability to protect products during transportation. This trend is further boosted by mergers and acquisitions (M&A) among market players, leading to market consolidation. However, challenges persist In the form of rising prices of wood pulp and paper, which can impact the affordability of retail-ready packaging solutions for some businesses. This market trends and analysis report delves deeper into these growth factors and challenges, providing valuable insights for stakeholders In the retail industry.
What will be the Size of the Retail-Ready Packaging Market during the Forecast Period?
Request Free SampleThe market encompasses a range of packaging solutions specifically designed for efficient handling, stocking, and shelf replenishment in retail environments. Key product categories include paper and cardboard boxes, such as corrugated cardboard and modified cases, as well as plastic containers and shrink wrapped trays. These packaging types cater to various industries, including cosmetics, food and beverage, and fast-moving consumer goods (FMCG). Retailers and brand owners prioritize lightweight, easy-to-handle designs for improved logistics and reduced labor costs. Sustainability is also a significant trend, with a focus on recycling and recyclability. Standardization of packaging sizes and styles facilitates efficient stocking and product identification.Both paper and plastics play essential roles in this market, with each material offering unique benefits in terms of protection, cost, and environmental impact.
How is this Retail-Ready Packaging Industry segmented and which is the largest segment?
The retail-ready packaging industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments. End-userFoodBeveragesHousehold productsOthersGeographyNorth AmericaCanadaUSEuropeGermanyUKAPACChinaSouth AmericaMiddle East and Africa
By End-user Insights
The food segment is estimated to witness significant growth during the forecast period. The market is primarily driven by the food industry, which accounted for the largest share in 2023. The growth of organized retailing and urbanization in developing countries have led to an increase in demand for packaged food products, necessitating frequent replenishment. Aesthetic appeal, convenience, material compatibility, and product features are key considerations for companies in selecting packaging types for food products. Rigid plastics, corrugated boxes, die-cut wraps, and shrink wraps are the most popular packaging solutions due to their ease of handling and efficient storage. These packaging types cater to the requirements of both food and beverage products and the FMCG sector.Retail-ready packaging also benefits from functional designs, efficient storage solutions, and improved turnaround times. The paper and paperboard segment, including folding cartons, trays, and containers, is another significant contributor to the market. The use of printing techniques such as digital printing, high-definition printing, and metallic inks enhances brand visibility and recognition. The convenience stores sector is a major retail sector adopting retail-ready packaging due to its ease of handling and shelf space optimization. The market also caters to the needs of the hotel and tourism industries, as well as e-commerce platforms and logistics providers, offering last-mile solutions for product identification and stocking.The retail sector's focus on shelf-to-shelf packaging, protective cardboard wrappers, and free-standing units further boosts the market's growth. The market also offers various packaging solutions for personal care & cosmetics, pharmaceuticals, printing & stationary, electronics, and FMCG products. The market's growth is further driven by the adoption of polygraph technology, chemical recycling, and QR code scanning for product identification and traceability.
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The Food segment was valued at USD 23.10 mn in 2018 and showed a gradual increase during the forecast period.
Regional Analysis
North America is estimated to contribute 62% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
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The market in North America, led by the US
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This report is the result of Conlumino’s extensive market research covering Indonesia Vending Machines. It provides detailed historic and forecast sales value of the market at channel level. "Retail Sales through Vending Machines in Indonesia: Market Snapshot to 2018" provides a top-level overview and detailed insight into the operating environment of Indonesia retail industry. It is an essential tool for companies active across Indonesia retail value chain and for new players considering entering the market. Read More
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This report is the result of Conlumino’s extensive market research covering Finland Vending Machines. It provides detailed historic and forecast sales value of the market at channel level. "Retail Sales through Vending Machines in Finland: Market Snapshot to 2018" provides a top-level overview and detailed insight into the operating environment of Finland retail industry. It is an essential tool for companies active across Finland retail value chain and for new players considering entering the market. Read More
This statistic displays total expenditure on research and development by businesses operating wholesale and retail trade industries in the United Kingdom (UK) from 2018 to 2021. R&D expenditure in the UK retail and wholesale industry was reported to amount to 1.7 billion British pounds in 2021.