The Mom And Pop Store Global Market Report 2023, provides comprehensive information on the mom and pop store market across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.

Learn More On The Mom And Pop Store Market’s Growth:

https://www.thebusinessresearchcompany.com/report/mom-and-pop-store-global-market-report

The global mom and pop stores market size is expected to grow from $107.89 billion in 2022 to $126.15 billion in 2023 at a compound annual growth rate (CAGR) of 16.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global mom and pop stores market size is expected to reach $227.21 billion in 2027 at a CAGR of 15.8%.

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Technological innovations are a key trend gaining popularity in the mom-and-pop stores market. Major companies operating in the mom-and-pop stores market are involved in developing new and improved advanced technology to sustain their position in the market. For instance, in July 2022, Wisy Platforms, Inc, a US-based company operating in retail intelligence solutions, introduced an AI platform to make it simpler for retailers to keep track of any products that are available but haven't yet been shown. WisyAI makes it possible for retail staff to swiftly learn about the inventory, cut losses, and sell products more successfully which avoids manual tracking of inventory and reduces errors.

The mom and pop store market is segmented:

1) By Type: Personal Care, Cribs And Strollers, Vitamins And Dietary Supplements, Feeding Suppliers, Toys

2) By Price Range: Premium, Mid-Range, Economy

3) By Ownership: Retail Chain, Independent Retailer

4) By Distribution Channel: Online Stores, Offline Stores

Asia-Pacific was the largest region in the mom and pop store market in 2022.

The table of contents in TBRC’s mom and pop store market report includes:

Executive Summary
Mom And Pop Stores Market Characteristics
Mom And Pop Stores Market Trends And Strategies
Mom And Pop Stores Market - Macro Economic Scenario
Mom And Pop Stores Market Size And Growth
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Africa Mom And Pop Stores Market
Mom And Pop Stores Market Competitive Landscape And Company Profiles
Key Mergers And Acquisitions In The Mom And Pop Stores Market
Mom And Pop Stores Market Future Outlook and Potential Analysis
Appendix
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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.

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