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 2021 – 2028
The global specialty retailers market size was valued at USD 20298.69 billion in 2020 and is expected to reach USD 29361.95 billion by 2028, expanding at a CAGR of 7 % during the forecast period, 2021–2028. The growth of the market is attributed to the organizations 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.
Market Drivers, Restraints, Trends, and Opportunities
- 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.
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Attributes |
Details |
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Report Title |
Specialty Retailers Market - Global Industry Analysis, Growth, Size, Trends, Share, and Forecast |
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Base Year |
2020 |
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Historic Data |
2018–2019 |
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Forecast Period |
2021–2028 |
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Segmentation |
Type (Online and Offline) and Applications (Motorcycles, Food, Clothes, and Others) |
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Regional Scope |
Asia Pacific, North America, Latin America, Europe, and Middle East & Africa |
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Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast |
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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
The online segment is projected to represent a major market share during the forecast period
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.
The motorcycles segment is expected to grow at a robust CAGR during the forecast period
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.
The Asia Pacific is expected to dominate the market
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.
Segments
The global specialty retailers market has been segmented on the basis of
By Type
- Online
- Offline
By 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 the HD supply Holdings Inc. Moreover, In August 2005, Adidas acquired Reebok International Ltd. and In July, 2009 Deccan Aviation merged with Kingfisher.
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
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
The global specialty retailers market has been segmented on the basis of
By Type
- Online
- Offline
By Application
- Motorcycles
- Clothes
- Food
- Others
Regions
- Asia Pacific
- North America
- Latin America
- Europe
- Middle East & Africa
Key Players
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 the HD supply Holdings Inc. Moreover, In August 2005, Adidas acquired Reebok International Ltd. and In July, 2009 Deccan Aviation merged with Kingfisher.
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