China Retail Market Size 2025-2029
The china retail market size is forecast to increase by USD 1421.1 billion billion at a CAGR of 8.8% between 2024 and 2029.
- The market presents significant opportunities for global investors and businesses, driven by the growing middle class and increasing consumer spending power. Premiumization of products is a key trend, with Chinese consumers showing a preference for high-quality, branded goods. Online retail and omni-channel trade are also surging, with e-commerce sales projected to reach USD2.5 trillion by 2025. However, this market is not without challenges. Rampant counterfeiting, particularly in the premium segment, remains a significant issue, undermining brand reputation and consumer trust.
- To capitalize on opportunities and navigate challenges effectively, companies must adopt anti-counterfeiting measures, invest in digital marketing and omni-channel strategies, and build strong relationships with local partners and regulatory bodies. By staying agile and responsive to market dynamics, businesses can thrive in China's dynamic and rapidly evolving retail landscape.
What will be the size of the China Retail Market during the forecast period?
1 Executive Summary
- 1.1 Market overview
- Executive Summary - Chart on Market Overview
- Executive Summary - Data Table on Market Overview
- Executive Summary - Chart on Country Market Characteristics
- Executive Summary - Chart on Market Segmentation by Product
- Executive Summary - Chart on Market Segmentation by Distribution Channel
- Executive Summary - Chart on Company Market Positioning
2 Technavio Analysis
- 2.1 Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
- 2.2 Criticality of inputs and Factors of differentiation
- Overview on criticality of inputs and factors of differentiation
- 2.3 Factors of disruption
- Overview on factors of disruption
- 2.4 Impact of drivers and challenges
- Impact of drivers and challenges in 2024 and 2029
3 Market Landscape
- 3.1 Market ecosystem
- Parent Market
- Data Table on - Parent Market
- 3.2 Market characteristics
- Market characteristics analysis
4 Market Sizing
- 4.1 Market definition
- Offerings of companies included in the market definition
- 4.2 Market segment analysis
- 4.4 Market outlook: Forecast for 2024-2029
- Chart on China - Market size and forecast 2024-2029 ($ billion)
- Data Table on China - Market size and forecast 2024-2029 ($ billion)
- Chart on China: Year-over-year growth 2024-2029 (%)
- Data Table on China: Year-over-year growth 2024-2029 (%)
5 Historic Market Size
- 5.1 Retail Market in China 2019 - 2023
- Historic Market Size - Data Table on Retail Market in China 2019 - 2023 ($ billion)
- 5.2 Product segment analysis 2019 - 2023
- Historic Market Size - Product Segment 2019 - 2023 ($ billion)
- 5.3 Distribution Channel segment analysis 2019 - 2023
- Historic Market Size - Distribution Channel Segment 2019 - 2023 ($ billion)
6 Qualitative Analysis
- 6.1 Impact of AI on Retail Market in China
7 Five Forces Analysis
- 7.1 Five forces summary
- Five forces analysis - Comparison between 2024 and 2029
- 7.2 Bargaining power of buyers
- Bargaining power of buyers - Impact of key factors 2024 and 2029
- 7.3 Bargaining power of suppliers
- Bargaining power of suppliers - Impact of key factors in 2024 and 2029
- 7.4 Threat of new entrants
- Threat of new entrants - Impact of key factors in 2024 and 2029
- 7.5 Threat of substitutes
- Threat of substitutes - Impact of key factors in 2024 and 2029
- 7.6 Threat of rivalry
- Threat of rivalry - Impact of key factors in 2024 and 2029
- 7.7 Market condition
- Chart on Market condition - Five forces 2024 and 2029
8 Market Segmentation by Product
- 8.1 Market segments
- Chart on Product - Market share 2024-2029 (%)
- Data Table on Product - Market share 2024-2029 (%)
- 8.2 Comparison by Product
- Chart on Comparison by Product
- Data Table on Comparison by Product
- 8.3 Food and beverages - Market size and forecast 2024-2029
- Chart on Food and beverages - Market size and forecast 2024-2029 ($ billion)
- Data Table on Food and beverages - Market size and forecast 2024-2029 ($ billion)
- Chart on Food and beverages - Year-over-year growth 2024-2029 (%)
- Data Table on Food and beverages - Year-over-year growth 2024-2029 (%)
- 8.4 Apparel and footwear - Market size and forecast 2024-2029
- Chart on Apparel and footwear - Market size and forecast 2024-2029 ($ billion)
- Data Table on Apparel and footwear - Market size and forecast 2024-2029 ($ billion)
- Chart on Apparel and footwear - Year-over-year growth 2024-2029 (%)
- Data Table on Apparel and footwear - Year-over-year growth 2024-2029 (%)
- 8.5 Home improvement - Market size and forecast 2024-2029
- Chart on Home improvement - Market size and forecast 2024-2029 ($ billion)
- Data Table on Home improvement - Market size and forecast 2024-2029 ($ billion)
- Chart on Home improvement - Year-over-year growth 2024-2029 (%)
- Data Table on Home improvement - Year-over-year growth 2024-2029 (%)
- 8.6 Consumer electronics and appliances - Market size and forecast 2024-2029
- Chart on Consumer electronics and appliances - Market size and forecast 2024-2029 ($ billion)
- Data Table on Consumer electronics and appliances - Market size and forecast 2024-2029 ($ billion)
- Chart on Consumer electronics and appliances - Year-over-year growth 2024-2029 (%)
- Data Table on Consumer electronics and appliances - Year-over-year growth 2024-2029 (%)
- 8.7 Beauty and personal care - Market size and forecast 2024-2029
- Chart on Beauty and personal care - Market size and forecast 2024-2029 ($ billion)
- Data Table on Beauty and personal care - Market size and forecast 2024-2029 ($ billion)
- Chart on Beauty and personal care - Year-over-year growth 2024-2029 (%)
- Data Table on Beauty and personal care - Year-over-year growth 2024-2029 (%)
- 8.8 Market opportunity by Product
- Market opportunity by Product ($ billion)
- Data Table on Market opportunity by Product ($ billion)
9 Market Segmentation by Distribution Channel
- 9.1 Market segments
- Chart on Distribution Channel - Market share 2024-2029 (%)
- Data Table on Distribution Channel - Market share 2024-2029 (%)
- 9.2 Comparison by Distribution Channel
- Chart on Comparison by Distribution Channel
- Data Table on Comparison by Distribution Channel
- 9.3 Offline - Market size and forecast 2024-2029
- Chart on Offline - Market size and forecast 2024-2029 ($ billion)
- Data Table on Offline - Market size and forecast 2024-2029 ($ billion)
- Chart on Offline - Year-over-year growth 2024-2029 (%)
- Data Table on Offline - Year-over-year growth 2024-2029 (%)
- 9.4 Online - Market size and forecast 2024-2029
- Chart on Online - Market size and forecast 2024-2029 ($ billion)
- Data Table on Online - Market size and forecast 2024-2029 ($ billion)
- Chart on Online - Year-over-year growth 2024-2029 (%)
- Data Table on Online - Year-over-year growth 2024-2029 (%)
- 9.5 Market opportunity by Distribution Channel
- Market opportunity by Distribution Channel ($ billion)
- Data Table on Market opportunity by Distribution Channel ($ billion)
10 Customer Landscape
- 10.1 Customer landscape overview
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
11 Drivers, Challenges, and Opportunity/Restraints
- 11.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2024 and 2029
- 11.4 Market opportunities/restraints
12 Competitive Landscape
- 12.2 Competitive Landscape
- Overview on criticality of inputs and factors of differentiation
- 12.3 Landscape disruption
- Overview on factors of disruption
- 12.4 Industry risks
- Impact of key risks on business
13 Competitive Analysis
- 13.2 Company ranking index
- 13.3 Market positioning of companies
- Matrix on companies position and classification
- 13.4 AS Watson Group
- AS Watson Group - Overview
- AS Watson Group - Product / Service
- AS Watson Group - Key offerings
- SWOT
- 13.5 Alibaba Group Holding Ltd.
- Alibaba Group Holding Ltd. - Overview
- Alibaba Group Holding Ltd. - Business segments
- Alibaba Group Holding Ltd. - Key news
- Alibaba Group Holding Ltd. - Key offerings
- Alibaba Group Holding Ltd. - Segment focus
- SWOT
- 13.6 Bailian Group
- Bailian Group - Overview
- Bailian Group - Product / Service
- Bailian Group - Key offerings
- SWOT
- 13.7 Beijing Dangdang Kewen Electronic Commerce Co. Ltd.
- Beijing Dangdang Kewen Electronic Commerce Co. Ltd. - Overview
- Beijing Dangdang Kewen Electronic Commerce Co. Ltd. - Product / Service
- Beijing Dangdang Kewen Electronic Commerce Co. Ltd. - Key offerings
- SWOT
- 13.8 E Mart Co. Ltd.
- E Mart Co. Ltd. - Overview
- E Mart Co. Ltd. - Product / Service
- E Mart Co. Ltd. - Key offerings
- SWOT
- 13.9 GOME Retail Holdings Ltd.
- GOME Retail Holdings Ltd. - Overview
- GOME Retail Holdings Ltd. - Product / Service
- GOME Retail Holdings Ltd. - Key offerings
- SWOT
- 13.10 JD.com Inc.
- JD.com Inc. - Overview
- JD.com Inc. - Business segments
- JD.com Inc. - Key offerings
- JD.com Inc. - Segment focus
- SWOT
- 13.11 Lotte Corp.
- Lotte Corp. - Overview
- Lotte Corp. - Product / Service
- Lotte Corp. - Key offerings
- SWOT
- 13.12 PDD Holdings Inc.
- PDD Holdings Inc. - Overview
- PDD Holdings Inc. - Product / Service
- PDD Holdings Inc. - Key offerings
- SWOT
- 13.13 PetroChina Co. Ltd.
- PetroChina Co. Ltd. - Overview
- PetroChina Co. Ltd. - Business segments
- PetroChina Co. Ltd. - Key offerings
- PetroChina Co. Ltd. - Segment focus
- SWOT
- 13.14 Quanlian Industrial Co. Ltd.
- Quanlian Industrial Co. Ltd. - Overview
- Quanlian Industrial Co. Ltd. - Product / Service
- Quanlian Industrial Co. Ltd. - Key offerings
- SWOT
- 13.15 Sun Art Retail Group Ltd.
- Sun Art Retail Group Ltd. - Overview
- Sun Art Retail Group Ltd. - Product / Service
- Sun Art Retail Group Ltd. - Key offerings
- SWOT
- 13.16 Vipshop Holdings Ltd.
- Vipshop Holdings Ltd. - Overview
- Vipshop Holdings Ltd. - Business segments
- Vipshop Holdings Ltd. - Key offerings
- Vipshop Holdings Ltd. - Segment focus
- SWOT
- 13.17 Walmart Inc.
- Walmart Inc. - Overview
- Walmart Inc. - Business segments
- Walmart Inc. - Key news
- Walmart Inc. - Key offerings
- Walmart Inc. - Segment focus
- SWOT
- 13.18 Yonghui Superstores Co. Ltd.
- Yonghui Superstores Co. Ltd. - Overview
- Yonghui Superstores Co. Ltd. - Product / Service
- Yonghui Superstores Co. Ltd. - Key offerings
- SWOT
14 Appendix
- 14.2 Inclusions and exclusions checklist
- Inclusions checklist
- Exclusions checklist
- 14.3 Currency conversion rates for US$
- Currency conversion rates for US$
- 14.4 Research methodology
- 14.7 Validation techniques employed for market sizing
- Validation techniques employed for market sizing
- 14.9 360 degree market analysis
- 360 degree market analysis
- 14.10 List of abbreviations
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
- Manufacturers and suppliers
- Channel partners
- Industry experts
- Strategic decision makers
Secondary sources
- Industry journals and periodicals
- Government data
- Financial reports of key industry players
- Historical data
- Press releases
DATA ANALYSIS
Data Synthesis
- Collation of data
- Estimation of key figures
- Analysis of derived insights
Data Validation
- Triangulation with data models
- Reference against proprietary databases
- Corroboration with industry experts
REPORT WRITING
Qualitative
- Market drivers
- Market challenges
- Market trends
- Five forces analysis
Quantitative
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape
Get the report (PDF) sent to your email within minutes.
Complimentary full Excel data with your report purchase.
