+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

Architectural Services for Retail Sector Market Report and Forecast 2024-2032

  • PDF Icon

    Report

  • 173 Pages
  • May 2024
  • Region: Global
  • Expert Market Research
  • ID: 5973868
According to the report, the global architectural services for retail sector market size reached approximately USD 385.55 billion in 2023. Aided by the increasing shift towards the utilisation of sustainable materials and the integration of technological elements, the market is estimated to grow at a CAGR of 4.6% in the forecast period of 2024-2032, reaching a value of around USD 580.75 billion by 2032.

Architectural services encompass a wide range of tasks related to the planning, design, and oversight of building projects. These services are provided by licensed professionals, such as architects, who are skilled in the art and science of building design. Architects create initial design concepts that explore the look, feel, and function of the building or space. Architectural services are crucial for ensuring that buildings are functional, safe, sustainable, and aesthetically pleasing, meeting the needs and preferences of the users while also complying with local codes and regulations.

The adoption of pioneering architectural designs is becoming increasingly crucial for enhancing customer experience and fostering engagement. Retailers are gravitating towards design philosophies that prioritise open layouts, immersive experiential spaces, and the seamless integration of technological elements. These architectural services for retail sector market trends are not merely aesthetic choices, but strategic investments aimed at creating spaces that resonate with modern consumers' expectations for innovation and interaction. The demand for architectural services specialised in delivering such cutting-edge design solutions underscores the retail sector's commitment to staying at the forefront of consumer experience enhancement.

The architectural services for retail sector market is witnessing a paradigm shift towards sustainability and environmentally responsible building practices. This shift reflects a broader societal movement towards environment-friendly practices and is driven by both regulatory pressures and consumer demand for green practices. Retailers are increasingly seeking architectural services that can deliver energy-efficient, resource-conserving, and sustainably sourced material solutions. This trend towards sustainability is not only an ethical imperative but also a strategic differentiator in the market, aligning retail brands with the values of a growing segment of eco-conscious consumers.

Digital transformations in the retail market are a significant factor influencing the architectural domain through the innovative blending of physical and digital spaces. These digital features transform the physical space into an interactive hub, where consumers can engage with products and brands in a more immersive and engaging manner. For instance, interactive displays can provide detailed product information, reviews, and comparisons at the touch of a finger, while AR experiences allow customers to visualise products in real-world settings or try on items virtually. This integration of digital elements into the architectural fabric of retail spaces signifies the sector's response to the digitisation of consumer lifestyles and the demand for a cohesive online-to-offline (O2O) shopping experience.

Economic dynamics, including the fluctuation of real estate prices and changing investment patterns in retail infrastructure, play a pivotal role in shaping the architectural services for retail sector market expansion. These economic factors are closely intertwined with the health of the global economy and directly influence retailers’ expansion strategies and investment in architectural innovation.

The architectural services for retail sector market is sensitive to these macroeconomic indicators, reflecting the broader economic context in which retail operates. The ability of architectural firms to navigate these dynamics, offering cost-effective and innovative design solutions, is crucial for sustaining growth and adapting to the shifting landscapes of global retail development.

While the architectural services for retail sector market exhibits significant growth potential, it concurrently encounters specific obstacles that could impede its progress. These challenges encompass a range of issues, from navigating stringent regulatory environments to the financial implications of sourcing sustainable materials, as well as the technical difficulties associated with embedding digital technologies into physical retail layouts.

Market Segmentation

The Global Architectural Services for Retail Sector Market can be divided based on service type, brand category, application, and region.

Market Breakup by Service Type

  • Architectural Advisory Services
  • Construction and Project Management Services
  • Engineering Services
  • Interior Design Services
  • Urban Planning Services
  • Others

Market Breakup by Brand Category

  • Economical Retail Store
  • Luxury Retail Store

Market Breakup by Application

  • Apparel, Footwear, and Accessories
  • Electronic and Household Appliances
  • Personal Care and Cosmetics
  • Food and Beverages
  • Furniture and Toys
  • Others

Market Breakup by Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

Competitive Landscape

The report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global architectural services for retail sector market. Some of the major players explored in the report are as follows:
  • CallisonRTKL Inc.
  • RDAI Company
  • MCM
  • Aedas Group
  • Foster + Partners
  • M. Arthur Gensler Jr. & Associates, Inc.
  • IBI Group
  • Perkins Eastman
  • Others

Table of Contents

1 Preface2 Report Coverage - Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Architectural Services for Retail Sector Market Analysis
8.1 Key Industry Highlights
8.2 Global Architectural Services for Retail Sector Historical Market (2018-2023)
8.3 Global Architectural Services for Retail Sector Market Forecast (2024-2032)
8.4 Global Architectural Services for Retail Sector Market by Service Type
8.4.1 Architectural Advisory Services
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Construction and Project Management Services
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.3 Engineering Services
8.4.3.1 Historical Trend (2018-2023)
8.4.3.2 Forecast Trend (2024-2032)
8.4.4 Interior Design Services
8.4.4.1 Historical Trend (2018-2023)
8.4.4.2 Forecast Trend (2024-2032)
8.4.5 Urban Planning Services
8.4.5.1 Historical Trend (2018-2023)
8.4.5.2 Forecast Trend (2024-2032)
8.4.6 Others
8.5 Global Architectural Services for Retail Sector Market by Brand Category
8.5.1 Economical Retail Store
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Luxury Retail Store
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.6 Global Architectural Services for Retail Sector Market by Application
8.6.1 Apparel, Footwear, and Accessories
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Electronic and Household Appliances
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 Personal Care and Cosmetics
8.6.3.1 Historical Trend (2018-2023)
8.6.3.2 Forecast Trend (2024-2032)
8.6.4 Food and Beverages
8.6.4.1 Historical Trend (2018-2023)
8.6.4.2 Forecast Trend (2024-2032)
8.6.5 Furniture and Toys
8.6.5.1 Historical Trend (2018-2023)
8.6.5.2 Forecast Trend (2024-2032)
8.6.6 Others
8.7 Global Architectural Services for Retail Sector Market by Region
8.7.1 North America
8.7.1.1 Historical Trend (2018-2023)
8.7.1.2 Forecast Trend (2024-2032)
8.7.2 Europe
8.7.2.1 Historical Trend (2018-2023)
8.7.2.2 Forecast Trend (2024-2032)
8.7.3 Asia Pacific
8.7.3.1 Historical Trend (2018-2023)
8.7.3.2 Forecast Trend (2024-2032)
8.7.4 Latin America
8.7.4.1 Historical Trend (2018-2023)
8.7.4.2 Forecast Trend (2024-2032)
8.7.5 Middle East and Africa
8.7.5.1 Historical Trend (2018-2023)
8.7.5.2 Forecast Trend (2024-2032)
9 North America Architectural Services for Retail Sector Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Architectural Services for Retail Sector Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Architectural Services for Retail Sector Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Architectural Services for Retail Sector Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Architectural Services for Retail Sector Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 CallisonRTKL Inc.
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 RDAI Company
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 MCM
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 Aedas Group
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 Foster + Partners
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 M. Arthur Gensler Jr. & Associates, Inc.
15.2.6.1 Company Overview
15.2.6.2 Product Portfolio
15.2.6.3 Demographic Reach and Achievements
15.2.6.4 Certifications
15.2.7 IBI Group
15.2.7.1 Company Overview
15.2.7.2 Product Portfolio
15.2.7.3 Demographic Reach and Achievements
15.2.7.4 Certifications
15.2.8 Perkins Eastman
15.2.8.1 Company Overview
15.2.8.2 Product Portfolio
15.2.8.3 Demographic Reach and Achievements
15.2.8.4 Certifications
15.2.9 Others
16 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Architectural Services for Retail Sector Market: Key Industry Highlights, 2018 and 2032
2. Global Architectural Services for Retail Sector Historical Market: Breakup by Service Type (USD Billion), 2018-2023
3. Global Architectural Services for Retail Sector Market Forecast: Breakup by Service Type (USD Billion), 2024-2032
4. Global Architectural Services for Retail Sector Historical Market: Breakup by Brand Category (USD Billion), 2018-2023
5. Global Architectural Services for Retail Sector Market Forecast: Breakup by Brand Category (USD Billion), 2024-2032
6. Global Architectural Services for Retail Sector Historical Market: Breakup by Application (USD Billion), 2018-2023
7. Global Architectural Services for Retail Sector Market Forecast: Breakup by Application (USD Billion), 2024-2032
8. Global Architectural Services for Retail Sector Historical Market: Breakup by Region (USD Billion), 2018-2023
9. Global Architectural Services for Retail Sector Market Forecast: Breakup by Region (USD Billion), 2024-2032
10. North America Architectural Services for Retail Sector Historical Market: Breakup by Country (USD Billion), 2018-2023
11. North America Architectural Services for Retail Sector Market Forecast: Breakup by Country (USD Billion), 2024-2032
12. Europe Architectural Services for Retail Sector Historical Market: Breakup by Country (USD Billion), 2018-2023
13. Europe Architectural Services for Retail Sector Market Forecast: Breakup by Country (USD Billion), 2024-2032
14. Asia Pacific Architectural Services for Retail Sector Historical Market: Breakup by Country (USD Billion), 2018-2023
15. Asia Pacific Architectural Services for Retail Sector Market Forecast: Breakup by Country (USD Billion), 2024-2032
16. Latin America Architectural Services for Retail Sector Historical Market: Breakup by Country (USD Billion), 2018-2023
17. Latin America Architectural Services for Retail Sector Market Forecast: Breakup by Country (USD Billion), 2024-2032
18. Middle East and Africa Architectural Services for Retail Sector Historical Market: Breakup by Country (USD Billion), 2018-2023
19. Middle East and Africa Architectural Services for Retail Sector Market Forecast: Breakup by Country (USD Billion), 2024-2032
20. Global Architectural Services for Retail Sector Market Structure

Companies Mentioned

  • CallisonRTKL Inc.
  • RDAI Company
  • MCM
  • Aedas Group
  • Foster + Partners
  • M. Arthur Gensler Jr. & Associates, Inc.
  • IBI Group
  • Perkins Eastman

Methodology

Loading
LOADING...

Table Information