Canada Retail Sourcing And Procurement Market Size & Outlook
The retail sourcing and procurement market in Canada is expected to reach a projected revenue of US$ 865.4 million by 2030. A compound annual growth rate of 15.6% is expected of Canada retail sourcing and procurement market from 2025 to 2030.
Canada retail sourcing and procurement market highlights
The Canada retail sourcing and procurement market generated a revenue of USD 378.5 million in 2024 and is expected to reach USD 865.4 million by 2030.
The Canada market is expected to grow at a CAGR of 15.6% 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.
Retail sourcing and procurement market data book summary
Market revenue in 2024
USD 378.5 million
Market revenue in 2030
USD 865.4 million
Growth rate
15.6% (CAGR from 2025 to 2030)
Largest segment
Solution
Fastest growing segment
Service
Historical data
2018 - 2023
Base year
2024
Forecast period
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, Canada accounted for 6.5% of the global retail sourcing and procurement market in 2024.
Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
In North America, U.S. retail sourcing and procurement market is projected to lead the regional market in terms of revenue in 2030.
Mexico is the fastest growing regional market in North America and is projected to reach USD 523.8 million by 2030.
Canada 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 74.69% in 2024.
Horizon Databook has segmented the Canada retail sourcing and procurement market based on solution, service covering the revenue growth of each sub-segment from 2018 to 2030.
Canada Retail Sourcing And Procurement Market Component Outlook (Revenue, USD Million , 2018-2030)
Solution
Service
Canada Retail Sourcing And Procurement Market Deployment Outlook (Revenue, USD Million , 2018-2030)
Cloud
On-premise
Canada Retail Sourcing And Procurement Market Enterprise Size Outlook (Revenue, USD Million , 2018-2030)
SMEs
Large Enterprises
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada Retail Sourcing And Procurement Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into Canada Retail Sourcing And Procurement Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Canada Retail Sourcing And Procurement Market, 2018-2030 (US$M)