Us General Merchandise Market Size By Applications, By Type, By End-User, By Deployment & By Technology 2032
General Merchandise Market was valued at USD 1,200 Billion in 2022 and is projected to reach USD 1,800 Billion by 2030, growing at a CAGR of 5.5% from 2024 to 2030.
The U.S. General Merchandise Market has experienced significant shifts in 2025, influenced by various economic factors and consumer behaviors. In January 2025, the retail and food services industry saw a 0.9% decline, totaling $723.9 billion in sales, marking the largest monthly drop in nearly two years. However, year-over-year retail sales increased by 4.2% compared to January 2024, signaling long-term growth despite short-term challenges. Factors impacting the decline include severe winter storms, post-holiday spending slowdowns, motor vehicle shortages, and declining consumer sentiment. Retailers are adjusting to these changes, with some closing stores and others focusing on value and convenience to attract consumers. Despite these challenges, the market is projected to grow, with consumer spending expected to increase by 3.1% in 2025, driven by durable goods spending and easing monetary policies. The industry is also witnessing a shift towards e-commerce, with online sales projected to reach $787.72 billion by 2026. Retailers are adapting to these trends by enhancing their online presence and offering value-driven products to meet evolving consumer preferences. Overall, the U.S. General Merchandise Market in 2025 is characterized by a mix of challenges and opportunities, with retailers focusing on value, convenience, and e-commerce to navigate the changing landscape. The market's resilience is evident, with growth projections indicating a positive outlook for the year. As the industry continues to evolve, staying informed about these trends is crucial for stakeholders to make strategic decisions and capitalize on emerging opportunities. The market's dynamics underscore the importance of adaptability and consumer-centric strategies in achieving sustained growth and success. citeturn0search0turn0search1turn0search3
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Zhongxing Shenyang Commercial Building
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global General Merchandise Market
Clothing and Apparel
Footwear
Home Goods
Electronics
Age Group
Gender
Income Level
Convenience Shoppers
Brand Loyalty
Seasonal Buyers
Physical Stores
Online Platforms
Mobile Shopping
Fast-Moving Consumer Goods (FMCG)
Durable Goods
Seasonal Products
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global General Merchandise Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global General Merchandise Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global General Merchandise Market, By Type
6. Global General Merchandise Market, By Application
7. Global General Merchandise Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global General Merchandise Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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