Industry Insights

Retail Sourcing & Procurement Market

The global retail sourcing and procurement market is experiencing robust growth, projected to reach $7.16 billion by 2026 with a CAGR of 13.3%. This market comprises businesses offering services to help companies assess and integrate suppliers for their procurement needs. The industry is driven by increasing digitalization in retail operations and the growing demand for efficient supply chain management solutions. Additionally, the globalization of retail operations is contributing to the market’s expansion. Overall, the market presents significant opportunities for companies offering innovative sourcing and procurement services.

Retail & Wholesale Market

The retail and wholesale market is experiencing significant growth, with a projected increase from $69.87 trillion in 2020 to $100.39 trillion in 2025, at a CAGR of 7.5%. By 2030, the market is estimated to reach a value of $137.25 trillion, growing at a CAGR of 6.5% during the period. This market comprises businesses that provide retail and wholesale services, ensuring the availability of goods in ample quantities at convenient locations.

The future growth of the market is expected to be driven by the increasing demand for online shopping. As consumers increasingly prefer the convenience and ease of online shopping, the retail and wholesale industry is adapting to meet these changing preferences. Online retail platforms and e-commerce businesses are poised to play a significant role in shaping the market’s expansion.

 

Our Position

Our industry outlook indicates significant growth in the coming years, presenting us with a prime opportunity to establish strong and lasting commercial partnerships. By leveraging these anticipated industry expansions, we aim to maximize mutual success and create value for all parties involved.

Join us on this exciting journey as we navigate the evolving market and unlock new opportunities together. Let’s build a foundation of enduring partnerships that drive growth and deliver exceptional results.

We understand the importance of collaborative relationships in the dynamic landscape of retailers, wholesalers, and manufacturers. As a trusted intermediary, we are dedicated to facilitating fruitful interactions and fostering shared prosperity in both the short and long term.