Market Navigators/Market OutlookSector Overview: Consolidation, Collaboration and Innovation Coming to US Drugstores Coresight Research March 8, 2019 Executive SummaryEach of our Sector Overview reports provides an essential briefing on a sector or market. In US drugstore retailing: Collaborations and alliances formed last year will manifest synergies in the form of innovation in offerings. The US drugstore retail market was worth $233 billion in 2017 and is expected to grow at a CAGR of 4.1% to $280 billion in 2023. The US drugstore sector has heavily consolidated in recent years, with Walgreens, CVS and Rite Aid owning 77% of the market. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in: Weekly US Store Openings and Closures Tracker 2025, Week 34: Car Toys Takes Year-to-Date Retail Bankruptcies Total to 24Holiday 2025: Government Shutdown-Related Reduction in SNAP, Other Payments and Salaries Could Meaningfully Impact US Holiday SpendingAgentic Commerce: How Retailers Can Employ OpenAI’s Agentic Commerce Protocol To Unleash a True AI Shopping AgentEconomic Sentiment Shows First Uptick in Eight Weeks; Plus, Drugstore and Pharmacy Shopping in Focus: US Consumer Survey Insights