The global consumer product and retail market was valued at US$ 21.13 trillion in 2023 and is forecast to reach a value of US$ 34.44 trillion by 2030 at a CAGR of 7.2% between 2023 and 2030.
Report Coverage |
Report Details |
Base Year: |
2022 |
Market Size in 2023: |
US$ 21.13 Tn |
Historical Data for: |
2018 to 2021 |
Forecast Period: |
2023 - 2030 |
Forecast Period 2023 to 2030 CAGR: |
7.20% |
2030 Value Projection: |
US$ 34.44 Tn |
Figure 1. Global Consumer Product and Retail Market, By Region

Consumer product and retail is a dynamic industry driven by evolving consumer preferences, digital disruption, and omni-channel retail strategies. As consumers become more value- and experience-oriented, retailers must adapt their product assortments, in-store environments, and digital capabilities to meet changing needs. Key trends shaping the consumer products and retail landscape include premiumization, personalization, sustainability, health and wellness, and experiential retail. To succeed, companies must leverage data analytics, digital technologies, and strategic partnerships across their value chains. Innovation and agility will be imperative to serving the consumers of the future.
Market Dynamics:
The consumer products and retail market are driven by several key factors. The major drivers are rising disposable incomes, growing middle-class populations, and increasing consumer spending on non-essentials. Urbanization and burgeoning youth demographics are also fueling the demand for consumer goods. E-commerce and omni-channel retail are significant opportunities as consumers shift purchases online. Mobile commerce, digital payments, targeted advertising, and personalized promotions provide avenues for market growth. Key restraints in the market include economic downturns, pricing pressures, and changing regulations. Sustainability concerns and the growth of the circular economy also pose challenges. However, the long-term outlook remains positive due to demographics and continued innovation in consumer engagement.
Key features of the study:
- This report provides in-depth analysis of the global consumer product and retail market, and provides market size (US$ Trillion) and compound annual growth rate (CAGR %) for the forecast period (2023-2030), considering 2022 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market.
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global consumer product and retail market based on the following parameters such as company highlights, products portfolio, key highlights, financial performance, and strategies
- Key companies covered as a part of this study include Metro AG, Kroger Company, Carrefour SA, Tesco PLC, Wal-Mart Stores, Inc., Costco Wholesale Corporation, Unilever PLC, Amway, Reckitt Benckiser Group plc, Pepsi Co, Inc., Procter & Gamble, L'Oreal Group, Nestle S.A., IBM Corporation, Accenture plc, Atos SE, Hewlett - Packard Company, PTC, Inc., Centric Software, Dassault Systemes S.A., Autodesk, Inc. Gerber Scientific, Inc., SAP SE, and Oracle Corporation.
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
- The global consumer product and retail market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global consumer product and retail market
Consumer Product and Retail Market Detailed Segmentation:
- By Sector:
- Footwear
- Apparel
- Durables (Sporting Goods and Furniture)
- Consumer Packaged Goods
- Others
- By Region :
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- Latin America
- Company Profiles:
- Metro AG
- Kroger Company
- Carrefour SA,
- Tesco PLC,
- Wal-Mart Stores, Inc.,
- Costco Wholesale Corporation,
- Unilever PLC,
- Amway,
- Reckitt Benckiser Group plc,
- Pepsi Co, Inc.,
- Procter & Gamble,
- L'Oreal Group,
- Nestle S.A.,
- IBM Corporation,
- Accenture plc,
- Atos SE,
- Hewlett - Packard Company,
- PTC, Inc.,
- Centric Software,
- Dassault Systemes S.A.,
- Autodesk, Inc.
- Gerber Scientific, Inc.
- SAP SE
- Oracle Corporation