Europe Retail Sourcing And Procurement Market Size & Outlook, 2030

Revenue, 2024 (US$M)

$1,519.3

Forecast, 2030 (US$M)

$3,537.4

CAGR, 2025 - 2030

15.1%

Report Coverage

Europe

Europe retail sourcing and procurement market, 2018-2030 (US$M)

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Related Markets

Global Retail Sourcing And Procurement Industry Outlook

North America Retail Sourcing And Procurement Market Outlook

Asia Pacific Retail Sourcing And Procurement Market Outlook

Latin America Retail Sourcing And Procurement Market Outlook

MEA Retail Sourcing And Procurement Market Outlook

Europe retail sourcing and procurement market highlights

The Europe retail sourcing and procurement market generated a revenue of USD 1,519.3 million in 2024.
The market is expected to grow at a CAGR of 15.1% from 2025 to 2030.
In terms of segment, solution was the largest revenue generating component in 2024.
Solution is the most lucrative component segment registering the fastest growth during the forecast period.

Europe data book summary

Market revenue in 2024	USD 1,519.3 million
Market revenue in 2030	USD 3,537.4 million
Growth rate	15.1% (CAGR from 2024 to 2030)
Largest segment	Solution
Fastest growing segment	Solution
Historical data covered	2018 - 2023
Base year for estimation	2024
Forecast period covered	2025 - 2030
Quantitative units	Revenue in USD million
Market segmentation	Solution
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, Europe region accounted for 26.1% 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.

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Retail Sourcing And Procurement Market Scope

Retail sourcing and procurement market segmentation & scope

Component

Solution

Strategic sourcing

Supplier management

Contract management

Procure-to-pay

Spend analysis

Service

Implementation

Consulting

Training & Support

Deployment

Cloud

On-premise

Enterprise Size

SMEs

Large Enterprises

Regions

Latin America

Europe

North America

Middle East & Africa

Asia Pacific

Countries

Argentina

Brazil

Denmark

Germany

France

Italy

Spain

Sweden

Norway

U.S.

Canada

Mexico

Kuwait

Saudi Arabia

South Africa

UAE

Australia

China

India

Japan

South Korea

Thailand

Retail Sourcing And Procurement Market Companies

Name	Profile	# Employees	HQ	Website

Europe 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 will help companies and investors design strategic landscapes.

Solution was the largest segment with a revenue share of 100% in 2024. Horizon Databook has segmented the Europe retail sourcing and procurement market based on solution covering the revenue growth of each sub-segment from 2018 to 2030.

Reasons to subscribe to Europe retail sourcing and procurement market 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.
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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 Europe retail sourcing and procurement market databook

Our clientele includes a mix of retail sourcing and procurement market 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 Europe retail sourcing and procurement market , including forecasts for subscribers. This continent databook contains high-level insights into Europe retail sourcing and procurement market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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