CAGR of the global retail sector 2021-2026, by product category
According to estimates, between 2021 and 2026, the fashion and apparel sector within the global retail industry is expected to grow at a CAGR of 8.7 percent, making this the world's fastest growing retail product category. Following fashion and apparel, electricals are forecast to be the second-fastest growing product category based on CAGR.