TheBusinessResearchCompany’s Retail And Wholesale Market covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market.
The retail and wholesale market consists of sales of retail and wholesale services and related goods by entities (organizations, sole traders and partnerships) that together provide the service of making goods available in convenient quantities and locations. Retailers are independent organizations in the distribution channel for consumer goods that buy goods from wholesalers or direct from producers, break bulk, store goods, display goods for sale either physically or online, sell to ultimate users or sometimes deliver.
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The retail and wholesale market expected to reach a value of nearly $75756.09 billion by 2022, significantly growing at a CAGR of 6.4% during the forecast period. The growth in the retail and wholesale market is due increasing disposable income in low oil prices, emerging markets growth and technology development.
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The retail and wholesale market is segmented into retail and wholesale. Among these segments, the retail market accounts for the largest share in the global retail and wholesale market.
Some of the major players involved in the Retail And Wholesale Market are Wal-Mart Stores, McKesson, AmerisourceBergen Corporation, CVS Health Corporation, Costco, Kroger Co, Tesco PLC, Carrefour S.A, Cardinal Health, Amazon, The Home Depot Inc., Lidl Stiftung & Co. K.
The wholesale and retail industry is an integral part of every industry supply chain in the world. The wave of digital shopping poses a significant threat to the brick-and-mortar formats of the retail industry, however no decline in the retail market in brick-and-mortar stores indicates the existing demand from customers for physical experience. The wholesale and retail industry as a whole is very important to the world economic growth. By 2022, The Business Research Company expects the wholesale and retail market to grow to $76 trillion.
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This post was originally published on The Market Plan