The retail and wholesale market is expected to reach over $99,195.76 billion in 2027 at a CAGR of 6.5%!
The retail/e-commerce market is increasingly investing in drones to reduce delivery times and increase profitability. A drone is an unmanned aerial vehicle (UAV), that is remotely controlled or flies autonomously using software-controlled flight plans in their systems. Using a drone for delivery allows retailers to cut costs and help in providing customers with their products earlier than traditional delivery methods. For example, Amazon has been investing in its Prime Air deliveries via drones, which claims to complete the delivery within 30 minutes. Amazon has started delivery trials via drones in the UK but is still waiting for regulatory approval in the US.
Wholesale And Retail Market Coverage
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 and sometimes deliver. Wholesalers are independent organizations in the distribution channel for consumer goods that buy in bulk, store goods, break bulk and sell merchandise primarily to retailers, professional authorities or to other wholesalers rather than to consumers. Both retailers and wholesalers take ownership of the goods and so bear the risk of carrying inventory. They also reduce the total number of transactions required for the process of transferring goods from producers to consumers. The retail and wholesale market is segmented into retail and wholesale. Only goods and services traded between entities or sold to end consumers are included.
The Business Research Company covers 82 markets overall in the retail and wholesale market providing global market numbers, market growth, market-specific drivers and restraints, trends, and other market specific information. The retail and wholesale market is segmented in the following manner:
- 1. Retail
The retail market consists of sales of goods to ultimate users by entities (organizations, sole traders and partnerships) that provide the service of making goods available in convenient quantities and locations. Retailing involves buying from wholesalers or direct from producers, breaking bulk, displaying goods for sale either physically or online, and sometimes delivery. Wholesalers are independent organizations in the distribution channel that buy in bulk and sell to resellers rather than to consumers. Both retailers and wholesalers take ownership of the goods and so bear the risk of carrying inventory. They also reduce the total number of transactions required for the process of transferring goods from producers to consumers. The retail market is segmented into motor vehicle and parts dealers; food and beverage stores; gasoline stations; miscellaneous store retailers; cosmetics and personal care stores; clothing and clothing accessories stores; electronics and appliance stores; furniture and home furnishings stores; supermarkets and hypermarkets; convenience, mom and pop stores; department stores & other general merchandise stores; ecommerce & other non-store retailers; building material and garden equipment and supplies dealers; pharmacies and healthcare stores and sporting goods, hobby, musical instrument, and book stores. Only goods and services traded between entities or sold to end consumers are included.
The Retail Market is sub-segmented into-
- 1.1. Motor Vehicle And Parts Dealers
- 1.2. Food And Beverage Stores
- 1.3. Gasoline Stations
- 1.4. Miscellaneous Store Retailers
- 1.5. Cosmetics And Personal Care Stores
- 1.6. Clothing And Clothing Accessories Stores
- 1.7. Electronics And Appliance Stores
- 1.8. Furniture And Home Furnishings Stores
- 1.9. Supermarkets And Hypermarkets
- 1.10. Convenience, Mom And Pop Stores
- 1.11. Department Stores & Other General Merchandise Stores
- 1.12. Ecommerce & Other Non-Store Retailers
- 1.13. Building Material and Garden Equipment and Supplies Dealers
- 1.14. Pharmacies and Healthcare Stores
- 1.15. Sporting Goods, Hobby, Musical Instrument, and Book Stores
- 2. Wholesale
The wholesale market consists of sales of goods and related services to ultimate users by entities (organizations, sole traders and partnerships) that sell wholesale merchandise including the outputs of agriculture, mining, manufacturing, and certain information industries, such as publishing. The wholesale trade comprises purchasing, storing and selling merchandise to retailers or to other wholesalers and providing related services such as breaking bulk. This industry includes wholesale agents and brokers who arrange the purchase or sale of the goods owned by others, on a fee or commission basis. The wholesale industry also includes business to business electronic markets and platforms and agents that facilitate wholesale trade that do not own or handle the products they sell. The wholesale market is segmented into non-durable goods merchant wholesalers; wholesale electronic markets and agents and brokers and durable goods merchant wholesalers. Only goods and services traded between entities or sold to end consumers are included.
The Wholesale Market is sub-segmented into-
- 2.1. Non-Durable Goods Wholesalers
- 2.2. Wholesale Electronic Markets And Agents And Brokers
- 2.3. Durable Goods Wholesalers
How Can We Help?
The Business Research Company`s Wholesale And Retail Market Research Practice provides marketing, planning and strategy departments with a wider range of market, business, customer and competitor intelligence services across different segments of the wholesale and retail industry. The wholesale and retail market research services and solutions The Business Research Company provides are as follows —
- Wholesale And Retail Market Sizing, Forecast and Trend Analysis
- Wholesale And Retail Market Competitor Analysis
- Wholesale And Retail Market Supply Chain Analysis
- Wholesale And Retail Market Customer Research
- Wholesale And Retail Market Partner or Distribution Research
- Wholesale And Retail Market Entry Strategy Research Study
- Wholesale And Retail Industry Analysis and Profiling
- Wholesale And Retail Market Regulations
