Global Retail Industry
The global retail market generated more than $10.5 trillion in 2010, according to research from MarketLine. Market expansion is expected to record yearly growth of close to 5% through 2015 to exceed $13.2 trillion. Food and groceries represent the leading market segment, generating more than $6.63 trillion in 2010, or close to 65% of the overall market.
The global online retail industry is expected to reach almost $830 billion in 2015, reports MarketLine. This represents 90% market expansion in just five years. Electronics are the leading market segment, with close to 34% of the overall market. The Americas represent more than 40% of the global online retail industry.