Asia Pacific Retail Sourcing And Procurement Market Size & Outlook
The retail sourcing and procurement market in Asia Pacific is expected to reach a projected revenue of US$ 3,829.1 million by 2030. A compound annual growth rate of 18.2% is expected of Asia Pacific retail sourcing and procurement market from 2025 to 2030.
Asia Pacific retail sourcing and procurement market highlights
The Asia Pacific retail sourcing and procurement market generated a revenue of USD 1,469.8 million in 2024.
The market is expected to grow at a CAGR of 18.2% from 2025 to 2030.
In terms of segment, solution was the largest revenue generating component in 2024.
Service is the most lucrative component segment registering the fastest growth during the forecast period.
Country-wise, India is expected to register the highest CAGR from 2025 to 2030.
Asia Pacific data book summary
Market revenue in 2024
USD 1,469.8 million
Market revenue in 2030
USD 3,829.1 million
Growth rate
18.2% (CAGR from 2025 to 2030)
Largest segment
Solution
Fastest growing segment
Service
Historical data covered
2018 - 2023
Base year for estimation
2024
Forecast period covered
2025 - 2030
Quantitative units
Revenue in USD million
Market segmentation
Solution, Service
Key market players worldwide
CEGID, Epicor Software (Formerly Solarsoft Business Systems), GEP, Infor, International Business Machines Corp, Ivalua, Blue Yonder, Oracle Corp, Proactis, SAP SE
Other key industry trends
In terms of revenue, Asia Pacific region accounted for 25.2% of the global retail sourcing and procurement market in 2024.
Globally, North America is projected to lead the regional market in terms of revenue in 2030.
Asia Pacific is the fastest growing regional market and is projected to reach USD 3,829.1 million by 2030.
Asia Pacific Retail Sourcing And Procurement Market Outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Retail Sourcing And Procurement Market Outlook will help companies and investors design strategic landscapes.
Solution was the largest segment with a revenue share of 77.41% in 2024.
Horizon Databook has segmented the Asia Pacific retail sourcing and procurement market based on solution, service covering the revenue growth of each sub-segment from 2018 to 2030.
Asia Pacific Retail Sourcing And Procurement Market Component Outlook (Revenue, USD Million , 2018-2030)
Solution
Service
Asia Pacific Retail Sourcing And Procurement Market Deployment Outlook (Revenue, USD Million , 2018-2030)
Cloud
On-premise
Asia Pacific Retail Sourcing And Procurement Market Enterprise Size Outlook (Revenue, USD Million , 2018-2030)
SMEs
Large Enterprises
Reasons to subscribe to Retail Sourcing And Procurement Market Outlook databook
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Retail Sourcing And Procurement Market Outlook databook
Our clientele includes a mix of Retail Sourcing And Procurement Market Outlook companies, investment firms, advisory firms & academic institutions.
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific Retail Sourcing And Procurement Market Outlook, including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific Retail Sourcing And Procurement Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Asia Pacific Retail Sourcing And Procurement Market, 2018-2030 (US$M)