Global Consumer Products and Retail Market In-depth Forecast Study Highlights Growth in CAGR% and Revenue (US$Mn) till 2022

Albany, USA, 2018-Apr-17 — /EPR Network/ —In order to study the various trends and patterns prevailing in the overall market for Consumer Products and Retail, Market Research Reports Search Engine (MRRSE) has included a new report titled “Consumer Products and Retail Market” to its wide online database. This research assessment offers a clear insight about the influential factors that are expected to transform the global market in the near future. Readers can access the regional as well as segment-wise analysis for acquiring precise information about the global market structure.

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Consumer Products and Retail Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 – 2022,” the global PLM market for consumer products and retail end-use market, in terms of revenue, was valued at US$ 2.79 Bn in 2014 and is forecast to expand at a CAGR of 10.4% during the period 2015 to 2022.

The shift from traditional end-use sectors to non-traditional end-use sectors such as retail and consumer products and packaged goods and the growth of modern grocery retail stores in emerging economies are the key factors driving the growth of PLM market for consumer products and retail end-use, globally. In addition, small and mid-sized companies are leveraging on cloud-based PLM solutions for high ROI and need for increases in productivity and product management among consumer and retail product manufacturers is further expected to drive the growth of this market over the forecast period.

The global PLM market for consumer products and retail end-use by components category was dominated by the software segment with a market share of 46.2% in 2014. Globally, the demand for PLM software is driven by a reduction in time-to-market new products and reduction in operational cost. Rising demand for process automation, product data management, and integration with emerging tools such as analytics software would continue to fuel the growth of PLM software during the coming years. The share of on-premise PLM software market is forecast to expand at a moderate rate during the forecast period from 2015 to 2022. The cloud-based PLM software market segment is expected to have fastest growth during the forecast period from 2015 to 2022.

By end-use application sector, the consumer packaged goods sector, with over 46.4% share in 2014, was the largest segment in the overall PLM market for consumer products and retail end-use in terms of revenue. The adoption of PLM in the consumer products and retail industry is anticipated to rise significantly over the coming years. The increasing focus of retail companies on improving profitability and enhancing brand equity is aiding the growth of the PLM market in retail. During the recent years there has been significant rise in demand for PLM from the apparel industry, which is leading to the growth of overall PLM market. The footwear sector is expected to be the fastest=growing market for PLM solutions in consumer products and retail end-use.

North America led the global overall PLM market for consumer products and retail end-use market in 2014 with the share of about 35.7% in 2014. North America is the most significant market for PLM and its growth is majorly driven by the expansion of the PLM footprint in large enterprises, increasing adoption by SMEs, and penetration of PLM in new industries, such as consumer goods, retail, and telecom. Growing demand for features such as analytics and mobility would be the key trends in the North American PLM market. On account of new opportunities, the MEA and Latin America PLM market for consumer products and retail end-use is expected to expand at a CAGR of 17.2% and 15.9%, respectively, during the forecast period from 2015 to 2022.

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Furthermore, the report analyzes the factors that drive and restrain the growth of the PLM market for consumer products and retail end-use. The report also discusses the prevailing market trends, prospective growth opportunities, and major strategies increasing the popularity of PLM software and services. It also provides the market estimates and forecasts for all the segments in terms of revenue. Also provided is the market positioning of key players in the global PLM market for consumer products and retail end-use.

Additionally, the report includes competitive profiling of the major players engaged in offering consumer products and retail market and PLM software and services. Major business strategies adopted by them, their market positioning, and various recent developments have also been identified in the research report. The key market players profiled in this study include both software vendors and service providers. The major retail providers profiled include Metro AG, Kroger Company, Carrefour SA, Tesco PLC, Costco Wholesale Corporation, and Wal-Mart Stores, Inc. Consumer products major include Reckitt Benckiser Group plc, Amway, Unilever PLC, Procter & Gamble, L’Oreal Group, Nestle S.A., and PepsiCo, Inc. The major PLM software vendors profiled in the report are Dassault Systemes, PTC, Inc., Autodesk, Inc., SAP SE, Oracle Corporation, Gerber Scientific, Inc., Infor, Centric Software, and Selerant Corporation. The major service providers of PLM profiled in the study are IBM Corporation, Accenture PLC, Atos SE, and Hewlett-Packard Company.

The Global Consumer Products and Retail Market has been segmented as follows:

Consumer Products and Retail Market, by Sector

  • Footwear
  • Apparel
  • Durables (Sporting Goods and Furniture)
  • Consumer Packaged Goods
  • Others (Toys, Jewelry and Electronic Consumer Appliances)

Consumer Products and Retail Market, by Geography

  • North America
    • U.S.
    • Rest of the North America
  • Europe
    • EU7 (U.K., Italy, Spain, France, Germany, Belgium and Netherlands)
    • CIS
    • Rest of Europe
  • Asia Pacific (APAC)
    • Japan
    • China
    • South Asia (India, Pakistan, Bangladesh, & Sri Lanka)
    • Australasia (Australia, NZ & Guinea)
    • Rest of APAC
  • Middle East & Africa (MEA)
    • GCC Countries
    • North Africa
    • South Africa
    • Rest of MEA
  • Latin America
    • Brazil
    • Rest of the Latin America

PLM Market for Consumer Products and Retail End-use, by Component

  • Software (On-Premise Software and Cloud-based Software)
  • Services (Consulting, Integration, Operation, & Maintenance)

PLM Market for Consumer Products and Retail End-use, by Sector

  • Footwear
  • Apparel
  • Durables (Sporting Goods and Furniture)
  • Consumer Packaged Goods
  • Others (Toys, Jewelry, and Electronic Consumer Appliances)

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PLM Market for Consumer Products and Retail End-use, by Geography

  • North America
    • The U.S.
    • Rest of the North America
  • Europe
    • EU7 (U.K., Italy, Spain, France, Germany, Belgium, and the Netherlands)
    • CIS
    • Rest of Europe
  • Asia Pacific (APAC)
    • Japan
    • China
    • South Asia (India, Pakistan, Bangladesh, & Sri Lanka)
    • Australasia (Australia, NZ & Guinea)
    • Rest of APAC

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