United States Retail Market

United States Retail Market Size Report – In a Glance

As per the survey report on United States retail market, the market is expected to foresee a CAGR value of 7.9% during 2025-2035, and further generate a market size of USD 542.5 billion by the end of 2035. In 2025, the market size was value at USD 240.7 billion revenue.

• The United States retail market’s growth is driven by increasing population growth, expansion of urbanization, and consumer interest.
• KDMI analyst’s growth analysis foresees rising consumer spending and demand for convenience as the growth drivers for United States retail market.

United States Retail Market Analysis

Retail refers to sales of goods and services to end consumers for their personal use and consumption. Retailing is the final step of supply chain and involves various activities like product sourcing, marketing, and customer service, and can function via various channels such as physical stores, online platforms, and mobile apps. Retailers act as a mediator between manufacturer or wholesaler and customer. The United States retail market growth is driven by increasing population growth, expansion of urbanization, and consumer preferring purchasing from online retails stores due to the expansion of e-commerce industry. According to the Survey report, 57% of population prefer to shop from online and physical retail store, while 21.9% of them prefer to shop from physical stores. Walmart Inc, Sinopec Limited, and CVS Health Corporation are some of the significant participants in the United States retail market.

United States Retail Market Growth Drivers and Restraints

Growth Drivers

• Rising consumer spending and demand for convenience – The United States retail market is experiencing significant growth due to increased consumer spending on retail products and rising demand for convenient solutions. The growing urban population and working professionals in the region, they often prefer for convenient, personalized, and quick shopping experiences, leading to expansion of online retail stores and emphasize retailers to adopt omnichannel strategies. The growing demand for faster, same-day delivery, and efficient logistics systems is driving the growth of online retail stores by improving supply chain management system. Increasing opportunities in the retail sector is attracting new brands to begin their business in the US region and provide competitive products at affordable rates, which help consumers to have various varieties for same products and this contributes to the overall market growth.
• Digital transformation and e-commerce expansion – The United States retail market is influenced by growing adoption of digitalization and expansion of e-commerce, which ensures improved efficiency and performance of online retail stores. With the increasing demand for quick, efficient, and productive solutions, increased investment in the sector help online platforms, mobile apps, and others to expand and gain popularity, which offer consumers an immersive shopping experiences with the enhanced affordability and accessibility to wide range of products, competitive pricing, and flexible payment solutions. Moreover, the US retail market is highly supported by integrated innovative technology such as artificial intelligence, data analytics, internet of things (IoT), and much more in e-commerce industry is helping retailers to provide personalized products and other offerings to customers, which improves overall experience and engagement of online platforms.

Restraints

• Changing consumer behavior – The United States retail market faces major challenges due to changing consumer behavior towards sustainability and environmental concerns, which puts pressure on manufacturers to invest in research and development to implement eco-friendly raw materials and production process in the industry. Thereby, consumers highly prefer for quick and efficient solutions from online retail stores which creates challenging situation for physical stores to provide products with enhanced customer shopping experience. Online platforms ensure competitive pricing, and this encourages price-sensitive consumers to shop from e-commerce platforms, which limits the growth of physical retail stores.

United States Retail Market Segmentation

Our experts at KD Market Insights have segmented the United States retail market research report as:

Analyst’s Observation on United States Retail Market Recent Developments

Over the years, the experts at KD Market Insights have been observing the recent developments associated with United States retail market trends. Our expert’s market forecast analysis has recorded the market players adopting plentiful of key strategies including new product launches, mergers & acquisitions, and collaborations.

Aldi, a German grocery chain has announced the expansion of its business in the United States by opening more than 225 stores, bringing it to the total to around 2,600 locations by the end of 2025. This expansion would make the store as the third-largest supermarket chain in the US.

Genesis is thrilled to announce the opening of seven new standalone retail facilities across the United States, bringing to total of 75 dedicated showrooms nationwide. Each genesis facility welcomes customer as honored guests, which enhances company’s relationship with customers.

United States Retail Market Competitive Landscape

Some of the significant participants who top the United States retail market share:

• Walmart Inc.
• Sinopec Limited
• Petro China Company Limited
• CVS Health Corporation
• Costco Wholesale Corp
• The Kroger Co.
• McKesson Corporation
• Walgreens Boots Alliance Inc.