Market Sizes Databank

The Coresight Research Market Sizes Databank offers an overview of key retail market or sector sizes, including our projections for future years. The Databank covers the following sectors:

Global Retail Markets: Major Countries by Retail Sales

We quantify 10 major national retail markets, as measured by total annual retail sales, and provide our projections for retail sales through 2028. We focus on core retail, which excludes automobiles and gasoline/automotive fuel, wherever possible; however, these exclusions are not available for all countries. Countries are ranked by 2023 sales.

Total Retail Sales (USD Bil. at Constant 2023 Exchange Rates) and YoY % Change

All data exclude foodservice businesses. Data include sales taxes unless otherwise stated. Conversions to USD are at fixed (2023 average) exchange rates to remove the impact of FX rates on % changes. Data as of April 19, 2024. 
Source: National statistics offices/Coresight Research

Total US Retail Sales and Online Retail Sales (USD Bil. and YoY % Change)

Total US retail sales includes all retail trade excluding gasoline and automobiles

Data exclude sales taxes; ex. gasoline and automobiles; data as of Feb 21, 2024
Source: US Census Bureau/Coresight Research

US Consumer Spending on Apparel, Footwear and Accessories (USD Bil. and YoY % Change)

Data include sales taxes
Source: US Bureau of Economic Analysis/Coresight Research
Data as of March 15, 2023

US Grocery Market Sales (USD Bil. and YoY % Change)

Total grocery market sales include retail sales from stores classified under “Grocery Stores” by the US Census Bureau and grocery sales of select major retailers in the mass merchandiser, warehouse club and discount-store sectors.

*Consumer spending on food and beverages through all retail channels
Data exclude sa
les taxes

Source: IRI E-Market Insights™/US Census Bureau/US Bureau of Economic Analysis/Coresight Research
Data as of June 15, 2023

US Department Store Sales (USD Bil. and YoY % Change)

Sector size represents traditional, full-range department stores, excluding off-price retailers but including off-price segment sales of department store retailers (e.g., Nordstrom Rack, Macy’s Backstage) 

Data exclude sales taxes; data as of October 18, 2023
Source: Company reports/Coresight Research

Further US Retail Sector Sales

*Excludes fuel, foodservice and online sales
**Sector size reflects sales from businesses where the primary activity is drugstore or pharmacy retailing; as such, it excludes sales from pharmacies operated by non-specialized retailers, such as mass merchandisers and food and grocery retailers
***Mass merchandisers are Target and Walmart US; warehouse clubs are BJ’s Wholesale Club, Costco US and Sam’s Club; discount stores are Big Lots, Dollar General, Dollar Tree (including Family Dollar), Five Below and Ollie’s Bargain Outlet
****Market size includes total e-commerce and store-based CPG sales by retailers in the grocery, convenience store, drugstore, mass merchandiser, warehouse club and dollar store sectors

Source: Circana/US Census Bureau/company reports/Coresight Research

Global Personal Luxury Goods Sales (USD Bil. and YoY % Change)

The personal luxury goods market size includes apparel, accessories, beauty, footwear, jewelry and watches, and excludes experiential luxury categories, such as art, hospitality, travel, vehicles and wines and spirits, as well as the secondhand luxury market. 

Data exclude sales taxes
Source: Company reports/Coresight Research
Data as of May 29, 2024

Retail Media Market Sizes

Market size as of March 2024. Defined as total sales of advertising space across both digital (e.g., website, app, social) and physical (in-store) locations through a retail media network to target potential audiences curated based on retailer-owned and synthesised data.
Source: Coresight Research

Technology Market Sizes

Data as of March 2024 except where indicated in linked reports.
Source: Coresight Research

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