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Retails Market Trends 2022 whitepaper


The retail sector has been undergoing a form of digital transformation ever since the introduction of e-commerce.

In 2022, worldwide retail sales are poised to grow 5% year-over-year (YoY) to exceed $27.33 trillion. Although e-commerce stores had a high growth rate during the pandemic, e-commerce spending growth is expected to slow considerably -due, in part, to the rebound of physical stores. However, the channel will still account for more than 20% of total global retail.

Consumers returned to the brick and mortar stores, over the last year which reflects the resiliency of retailers, it signals that e-commerce’s rise to dominance may take longer than expected. However, e-commerce sales are set to exceed $5 trillion for the first time, which accounts for more than a fifth of overall retail sales.

To find out more about the retail trends of 2022 and how digitalisation and sustainability is impacting the sector, download our whitepaper today...

Download the whitepaper