a close up of a keyboard

Winter 2022 | M&A Report In The Consumer Retail Industry Sector

By Joseph P. Sands

March 29, 2022

The report below gives a good overview of the Winter 2022 M&A activity in the Consumer Retail Industry Sector. The global Consumer Goods and Retail market is expected to reach $29.1 trillion by 2028, growing at a CAGR of 7.5% during the period 2021 to 2028 as per research published by Coherent Market Insights. The concerns about health and safety resulted in a drastic shift in consumer behavior, which eventually became the purchase driver for the industry. The unprecedented volume of digital connections has led businesses to consider significant investments in e-commerce, contactless technology, and store technology updates. Smartphone shopping increased significantly during the pandemic as per a survey conducted by PwC during December 2021. However, the disruption in the supply chain continues to pose a significant challenge to the industry as it relies heavily on supply chain. The consumer retail market is likely to be driven by increased customer demand for a wide range of products. In 2024, it is expected that online sales would account for 24% of all global retail sales as per a report published by Influence Market Hub.

Posted by Joe Sands.

Read the Entire Winter 2022 Consumer Retail Report Here