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Specialty Retailers Market Share, Growth, Opportunities 2031
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Specialty Retailers Market Share, Growth, Opportunities 2031

Segments - Specialty Retailers Market by Types (Online and Offline), Applications (Motorcycle, Cloths, Food, and Others), and Regions (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Share, Size, Trends, Growth, and Forecast 2023 – 2031

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Author : Swarup Sahu
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Fact-checked by : V. Chandola
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Editor : Ranjit Pankhade

Upcoming | Report ID :BFSI-674 | 4.2 Rating | 82 Reviews | 172 Pages | Format : PDF Excel PPT

Report Description


The global specialty retailers market size was valued at USD 23.2 Billion in 2022 and is expected to reach USD 42.7 Billion by 2031, expanding at a CAGR of 4% during 2023 – 2031. The growth of the market is attributed to the organization changing errands and recovering from the COVID-19 impact.

The retail market includes arrangements of items to extreme clients by substances such as affiliations, sole dealers, and associations that offer the assistance of making stock available in favorable sums and regions. Retailing incorporates buying from wholesalers or direct from producers, breaking mass, showing stock accessible to be bought either really or on the web, and then delivery.

Specialty Retailers Market Outlook

  • Increasing consumer demand and greater disposable income are anticipated to boost the market during the forecast period.

  • Changing consumer profiles, demographics, increasing urbanization, credit availability, improvement in infrastructure, and increase in the number of international brands are key factors fueling the specialty retail market during the forecast period.

  • Digital retailing is transforming the in-store experience by leveraging technology and providing the seamless shopping experience is expected to fuel the market in coming years.

  • High price of the products and increasing competition are expected to hamper the market growth.

  • Lack of skilled labor unavailability raw material and strict government regulations restrict the market growth during the forecast period.

  • R&D investment and technological advancement from key players for product development are expected to offer immense opportunities for the market growth.

Scope of Specialty Retailers Market Report

The report on the global specialty retailers market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Specialty Retailers Market - Global Industry Analysis, Growth, Size, Trends, Share, and Forecast

Base Year

2022

Historic Data

2016–2021

Forecast Period

2023–2031

Segmentation

Type (Online and Offline) and Applications (Motorcycles, Food, Clothes, and Others)

Regional Scope

Asia Pacific, North America, Latin America, Europe, and Middle East & Africa

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

Home Depot, Best Buy, Adidas, Hennes & Mauritz, Gap, Kingfisher, FAST RETAILING, Lowe, CVS Health, and Express Scripts Holding

Specialty Retailers Market Segment Insights

Types Segment Analysis

Based on types, the global specialty retailer market is fragmented into online and offline. The online segment is estimated to expand at a robust CAGR during the forecast period. Online shopping in retail industry has helped in increasing a major market share supported by COVID-19 pandemic due to this pandemic and global shut down consumers were totally dependent on online shopping.

Consumers prefer online shopping as it gives them a choice of products with international brands providing seamless experience of shopping which fueled online segment to generate revenue and increase market share in uncertain times. The online segment is expected to hold a key share of the market during the forecast period due to increasing trend of online shopping and increasing demand of quality products as well as availability of variety of products with international brands.

Specialty Retailers Market Type

Applications Segment Analysis

On the basis of applications, the global specialty retailer market is segregated into motorcycles, food, clothes, and others. The motorcycle segment is anticipated to hold a major market share. Factors such as electric motorcycle, increase in customization trends, growth in sports motorcycle client, and technological advancements are driving the segment.

Specialty Retailers Market Application

Regional Analysis

In terms of regions, the global specialty retailers market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. The market of Asia Pacific is anticipated to expand at a robust CAGR during the forecast period. Growth of the market is attributed to increasing demand for sport motorcycles by youngsters and advancement of technology with safety features.

The market in Asia Pacific is estimated to expand at a high CAGR during the forecast period, with China and India having the most extreme offer. China is a center point of cruiser producing simple openness of crude materials and reasonableness of work. Furthermore, the developing interest for cutting edge bikes and rising per capita income is projected to drive the market. The cruiser market in India is described by low uprooting, eco-friendly, and minimal expense bicycles.

The nation has encountered a massive interest for bikes, particularly from provincial regions attributable to the development of cleared streets and new foundation improvements.

Specialty Retailers Market Regions

Segments

The global specialty retailers market has been segmented on the basis of

Type

  • Online
  • Offline

Application

  • Motorcycles
  • Clothes
  • Food
  • Others

Regions

  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa

Key Players

  • Kingfisher
  • Adidas
  • Lowe
  • Hennes & Mauritz
  • FAST RETAILING
  • Gap
  • CVS Health
  • Best Buy
  • Home Depot
  • Express Scripts Holdings

Competitive Landscape

Key players competing in the global specialty retailers market are home depot, lowe, hennes & mauritz, gap, kingfisher, adidas, fast retaling, cvs health, best buy, and express scripts holdings. Some of these players use business strategies such as mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to increase their market shares. For instance,

  • In November 2016, Home Depot acquired HD supply Holdings Inc. Moreover, In August 2005, Adidas acquired Reebok International Ltd. and In July, 2009 Deccan Aviation merged with Kingfisher.

Specialty Retailers Market Key Players

Table Of Content

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Specialty Retailers Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Specialty Retailers Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Specialty Retailers Market - Supply Chain
  4.5. Global Specialty Retailers Market Forecast
     4.5.1. Specialty Retailers Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Specialty Retailers Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Specialty Retailers Market Absolute $ Opportunity
5. Global Specialty Retailers Market Analysis and Forecast by Types
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Types
     5.2.2. Y-o-Y Growth Projections by Types
  5.3. Specialty Retailers Market Size and Volume Forecast by Types
     5.3.1. Online
     5.3.2. Offline
  5.4. Absolute $ Opportunity Assessment by Types
  5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Specialty Retailers Market Analysis and Forecast by Applications
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by Applications
     6.2.2. Y-o-Y Growth Projections by Applications
  6.3. Specialty Retailers Market Size and Volume Forecast by Applications
     6.3.1. Motorcycles
     6.3.2. Clothes
     6.3.3. Food
     6.3.4. Others
  6.4. Absolute $ Opportunity Assessment by Applications
  6.5. Market Attractiveness/Growth Potential Analysis by Applications
7. Global Specialty Retailers Market Analysis and Forecast by Region
  7.1. Market Trends
  7.2. Introduction
     7.2.1. Basis Point Share (BPS) Analysis by Region
     7.2.2. Y-o-Y Growth Projections by Region
  7.3. Specialty Retailers Market Size and Volume Forecast by Region
     7.3.1. North America
     7.3.2. Latin America
     7.3.3. Europe
     7.3.4. Asia Pacific
     7.3.5. Middle East and Africa (MEA)
  7.4. Absolute $ Opportunity Assessment by Region
  7.5. Market Attractiveness/Growth Potential Analysis by Region
  7.6. Global Specialty Retailers Demand Share Forecast, 2019-2026
8. North America Specialty Retailers Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
  8.2. North America Specialty Retailers Market Size and Volume Forecast by Country
     8.2.1. U.S.
     8.2.2. Canada
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. North America Specialty Retailers Market Size and Volume Forecast by Types
     8.4.1. Online
     8.4.2. Offline
  8.5. Basis Point Share (BPS) Analysis by Types
  8.6. Y-o-Y Growth Projections by Types
  8.7. North America Specialty Retailers Market Size and Volume Forecast by Applications
     8.7.1. Motorcycles
     8.7.2. Clothes
     8.7.3. Food
     8.7.4. Others
  8.8. Basis Point Share (BPS) Analysis by Applications
  8.9. Y-o-Y Growth Projections by Applications
  8.10. Market Attractiveness/Growth Potential Analysis
     8.10.1. By Country
     8.10.2. By Product Type
     8.10.3. By Application
  8.11. North America Specialty Retailers Demand Share Forecast, 2019-2026
9. Latin America Specialty Retailers Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Latin America Average Pricing Analysis
  9.2. Latin America Specialty Retailers Market Size and Volume Forecast by Country
      9.2.1. Brazil
      9.2.2. Mexico
      9.2.3. Rest of Latin America
   9.3. Absolute $ Opportunity Assessment by Country
  9.4. Latin America Specialty Retailers Market Size and Volume Forecast by Types
     9.4.1. Online
     9.4.2. Offline
  9.5. Basis Point Share (BPS) Analysis by Types
  9.6. Y-o-Y Growth Projections by Types
  9.7. Latin America Specialty Retailers Market Size and Volume Forecast by Applications
     9.7.1. Motorcycles
     9.7.2. Clothes
     9.7.3. Food
     9.7.4. Others
  9.8. Basis Point Share (BPS) Analysis by Applications
  9.9. Y-o-Y Growth Projections by Applications
  9.10. Market Attractiveness/Growth Potential Analysis
     9.10.1. By Country
     9.10.2. By Product Type
     9.10.3. By Application
  9.11. Latin America Specialty Retailers Demand Share Forecast, 2019-2026
10. Europe Specialty Retailers Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Europe Average Pricing Analysis
  10.2. Europe Specialty Retailers Market Size and Volume Forecast by Country
     10.2.1. Germany
     10.2.2. France
     10.2.3. Italy
     10.2.4. U.K.
     10.2.5. Spain
     10.2.6. Russia
     10.2.7. Rest of Europe
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Europe Specialty Retailers Market Size and Volume Forecast by Types
     10.4.1. Online
     10.4.2. Offline
  10.5. Basis Point Share (BPS) Analysis by Types
  10.6. Y-o-Y Growth Projections by Types
  10.7. Europe Specialty Retailers Market Size and Volume Forecast by Applications
     10.7.1. Motorcycles
     10.7.2. Clothes
     10.7.3. Food
     10.7.4. Others
  10.8. Basis Point Share (BPS) Analysis by Applications
  10.9. Y-o-Y Growth Projections by Applications
  10.10. Market Attractiveness/Growth Potential Analysis
     10.10.1. By Country
     10.10.2. By Product Type
     10.10.3. By Application
  10.11. Europe Specialty Retailers Demand Share Forecast, 2019-2026
11. Asia Pacific Specialty Retailers Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Asia Pacific Average Pricing Analysis
  11.2. Asia Pacific Specialty Retailers Market Size and Volume Forecast by Country
     11.2.1. China
     11.2.2. Japan
     11.2.3. South Korea
     11.2.4. India
     11.2.5. Australia
     11.2.6. Rest of Asia Pacific (APAC)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Asia Pacific Specialty Retailers Market Size and Volume Forecast by Types
     11.4.1. Online
     11.4.2. Offline
  11.5. Basis Point Share (BPS) Analysis by Types
  11.6. Y-o-Y Growth Projections by Types
  11.7. Asia Pacific Specialty Retailers Market Size and Volume Forecast by Applications
     11.7.1. Motorcycles
     11.7.2. Clothes
     11.7.3. Food
     11.7.4. Others
  11.8. Basis Point Share (BPS) Analysis by Applications
  11.9. Y-o-Y Growth Projections by Applications
  11.10. Market Attractiveness/Growth Potential Analysis
     11.10.1. By Country
     11.10.2. By Product Type
     11.10.3. By Application
  11.11. Asia Pacific Specialty Retailers Demand Share Forecast, 2019-2026
12. Middle East & Africa Specialty Retailers Market Analysis and Forecast
  12.1. Introduction
     12.1.1. Basis Point Share (BPS) Analysis by Country
     12.1.2. Y-o-Y Growth Projections by Country
     12.1.3. Middle East & Africa Average Pricing Analysis
  12.2. Middle East & Africa Specialty Retailers Market Size and Volume Forecast by Country
     12.2.1. Saudi Arabia
     12.2.2. South Africa
     12.2.3. UAE
     12.2.4. Rest of Middle East & Africa (MEA)
  12.3. Absolute $ Opportunity Assessment by Country
  12.4. Middle East & Africa Specialty Retailers Market Size and Volume Forecast by Types
     12.4.1. Online
     12.4.2. Offline
  12.5. Basis Point Share (BPS) Analysis by Types
  12.6. Y-o-Y Growth Projections by Types
  12.7. Middle East & Africa Specialty Retailers Market Size and Volume Forecast by Applications
     12.7.1. Motorcycles
     12.7.2. Clothes
     12.7.3. Food
     12.7.4. Others
  12.8. Basis Point Share (BPS) Analysis by Applications
  12.9. Y-o-Y Growth Projections by Applications
  12.10. Market Attractiveness/Growth Potential Analysis
     12.10.1. By Country
     12.10.2. By Product Type
     12.10.3. By Application
  12.11. Middle East & Africa Specialty Retailers Demand Share Forecast, 2019-2026
13. Competition Landscape
  13.1. Global Specialty Retailers Market: Market Share Analysis
  13.2. Specialty Retailers Distributors and Customers
  13.3. Specialty Retailers Market: Competitive Dashboard
  13.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     13.4.1. Kingfisher
     13.4.2. Adidas
     13.4.3. Lowe
     13.4.4. Hennes & Mauritz
     13.4.5. FAST RETAILING
     13.4.6. Gap
     13.4.7. CVS Health
     13.4.8. Best Buy
     13.4.9. Home Depot
     13.4.10. Express Scripts Holdings

Methodology

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