Sales of merchandising unit across the United States are estimated to be valued at US$ 1,327.8 million in 2023 and US$ 2,225.6 million by 2033. Over the assessment period, the demand for merchandising unit in the United States is predicted to rise at a CAGR of 5.3%. In 2022, the United States merchandising unit business revenue totaled US$ 1,265.1 million and is set to exhibit a y-o-y growth of 4.6% in 2023.
Key Segments and their Statistics
| Attributes | Key Insights |
|---|---|
| United States Merchandising Unit Business Revenue (2022A) | US$ 1,265.1 million |
| Estimated United States Merchandising Unit Business Value (2023E) | US$ 1,327.8 million |
| Projected United States Merchandising Unit Business Revenue (2033F) | US$ 2,225.6 million |
| Value-based CAGR (2023 to 2033) | 5.3% |
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The United States merchandising unit business revenue is projected to expand 1.7X through 2033. This is due to the rapid expansion of the retail sector in the country, rising retail sales, and the growing emphasis on visual merchandising.
Merchandising unit are expected to serve as dynamic business tools that engage customers, drive conversions, and enhance brand visibility through effective presentation, promotional displays, and seamless purchase pathways. These are becoming powerful business tools by conveying brand messages, product benefits, and promotional offers, thereby driving their demand.
They are increasingly being installed at shopping malls, hotels, retail stores, airports, and other places to showcase products. The growing adoption of merchandising unit in these places is expected to boost their sales and push the total revenue.
Sales of merchandising unit in the United States grew at a CAGR of 3.1% during the historical period. Total revenue in the country reached around US$ 1,265.1 million in 2022. Over the assessment period, merchandising unit demand in the United States is anticipated to increase at a 5.3% CAGR.
| Historical CAGR (2018 to 2022) | 3.1% |
|---|---|
| Forecast CAGR (2023 to 2033) | 5.3% |
In recent years, the utilization of merchandising unit has witnessed a significant upsurge, particularly across airports and shopping malls. This can be attributed to the increasing footfall across top-tier malls in the country, as well as the persistent growth in the number of customers who prefer air travel owing to the lower costs.
Retailers are increasingly using a single, expansive merchandise unit to advertise all their brands. This strategy aims to optimize space utilization and provide a comprehensive array of brands and products under one location.
The integration enables cross-promotional opportunities and shared business initiatives that mutually benefit all involved stakeholders. Moreover, it is cost-effective from a retailer's perspective, especially in high-rent spaces or prime real estate locations with accessibility issues.
For instance, Stella McCartney, a United States-based firm, employs this multiple-store merchandising unit strategy to showcase a diverse range of products within a singular merchandising space. This approach not only minimizes resource use but also enhances the shopping experience for customers by offering a wide assortment of products and brands, all within one conveniently located destination.
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Semi-annual Update
| Particular | Value CAGR |
|---|---|
| H1 | 5.2% (2022 to 2032) |
| H2 | 5.4% (2022 to 2032) |
| H1 | 5.3% (2023 to 2033) |
| H2 | 5.5% (2023 to 2033) |
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The Northeast region is poised to dominate the United States retail merchandising unit business in the forecast period. The general populace across several states in the North East boasts of higher disposable income, which consequently results in an increasing proportion of affluent consumers.
The region also boasts of a larger number of retailers in comparison, who extensively invest in merchandising unit to stand out from the competitive retail sector across the region. This is expected to stimulate sales of merchandising unit across the North East region during the forecast period.
The Western region of the United States is set to witness a considerable CAGR during the estimated period. As per the latest United States merchandising unit industry analysis, demand for merchandising unit in the Western United States will likely rise at a CAGR of 6.8% throughout the forecast period. This is attributable to the expansion of the retail sector, increasing consumer spending, and surging popularity of pop-up stores.
Western region is also witnessing rapid economic growth along with a constant flow of tourism. Such factors are expected to contribute to the growing demand for merchandising unit across the region during the assessment period.
The below section shows the free-standing segment to retain its dominance based on merchandising unit type. It is poised to thrive at 5.1% CAGR through 2033. By end-user, the shopping malls segment is anticipated to account for a prominent share, exhibiting a CAGR of 4.2% between 2023 and 2033.
| Type | Value CAGR |
|---|---|
| Free Standing | 5.1% |
| Wall Mounted | 6.3% |
Based on type, free-standing merchandising unit are anticipated to hold a significant value share of around 55.4% by 2033. Over the assessment period, sales of free-standing merchandising unit in the United States are expected to soar at a CAGR of 5.1%. This can be attributed to the rising adoption of free-standing merchandising unit (FSDUs) across diverse end-use sectors due to their multiple benefits.
Free-standing variants of merchandising unit are set to be utilized to increase product visibility and promote brand impact at the point of purchase. They would allow retailers the freedom to place them anywhere in a store, which makes it easy to change the layout as needed. This is especially useful in large retail stores, where the layout requires frequent changes.
Free-standing merchandising unit can be placed anywhere in the retail store, which makes them highly sought-after types among end-users. They are a versatile and effective means to promote products and boost sales. The growing usage of free-standing unit by retailers and manufacturers to increase product visibility, raise brand awareness, drive impulse purchases, and increase sales will likely boost the target segment.
| End-use | Value CAGR |
|---|---|
| Airports | 4.7% |
| Shopping Malls | 4.2% |
The shopping mall segment is estimated to dominate the United States merchandising unit business with a share of around 28.6% in 2023. It is poised to exhibit a CAGR of 4.2% between 2023 and 2033, generating lucrative revenue in the target business. Shopping malls mainly utilize retail merchandising unit that display a brand’s product offerings, encourage impulse purchases, and provide opportunities for cross-promotions.
Several shopping malls across the United States have witnessed a resurgence in customer traffic in recent years, especially in top-tier malls, where footfall has increased by over 10% in 2022, as compared to pre-COVID levels. This trend is further driving investments in merchandising unit as brands attempt to capture the new generation of offline shoppers.
Merchandising unit also allow shopping malls to increase their footfall and sales, promote new products and brands, and create a more dynamic and engaging shopping experience for their customers. As a result, the demand for retail merchandising unit in the shopping malls segment will continue to rise steadily through 2033.
Key manufacturers of merchandising unit are concentrating on increasing their production capacity to meet the demand from end users in the United States. The landscape is highly competitive, with several key players dominating the field. Prominent companies in the report include Smurfit Kappa, International Paper, WestRock, DS Smith Plc, Cart King International, Siffron Inc., and Frank Mayer and Associates, Inc.
Recent developments in the United States Merchandising Unit Business
| Attribute | Details |
|---|---|
| Estimated Value (2023) | US$ 1,327.8 million |
| Projected Value (2033) | US$ 2,225.6 million |
| Anticipated Growth Rate (2023 to 2033) | 5.3% CAGR |
| Historical Data | 2018 to 2022 |
| Forecast Period | 2023 to 2033 |
| Quantitative Unit | Value (US$ million) |
| Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis |
| Segments Covered | Type, End-users, Sub-region |
| Key Companies Profiled | Smurfit Kappa; International Paper; WestRock; DS Smith Plc; Cart King International; Siffron Inc.; Frank Mayer and Associates, Inc.; Creative Display Now; Tilsner Carton Company; Nemco Food Company |
The target business is estimated to reach US$ 1,327.8 million in 2023.
Demand for merchandising units is expected to rise at a 5.3% CAGR during through 2033.
Sales in the United States are set to reach US$ 2,225.6 million by 2033.
Rising usage of merchandising units for branding and promotional purposes would aid growth.
Smurfit Kappa, International Paper, and WestRock are the top 3 players.
Impulse goods, specialty goods, shopping products, and convenience goods are the four types.
1. Executive Summary 1.1. Industry Outlook 1.2. Business Analysis 1.3. Future Market Insights (FMI) Analysis and Recommendations 2. Business Overview 2.1. Business Coverage / Taxonomy 2.2. Definition / Scope / Limitations 2.3. Heat Mapping/Product Mapping 3. Key Trends 3.1. Key Trends Impacting Sales 3.2. Technological Trends 4. Key Success Factors 4.1. Product Adoption / Usage Analysis 4.2. Product USP’s / Features 4.3. Strategic Promotional Strategies 5. Industry Analysis 2018 to 2022 and Forecast, 2023 to 2033 5.1. Historical Volume (Unit) Analysis, 2018 to 2022 5.2. Current and Future Volume (Unit) Projections, 2023 to 2033 5.3. Y-o-Y Growth Trend Analysis 5.4. Total Installed Base 6. Industry Analysis - Pricing Analysis 6.1. State-wise Pricing Analysis 6.2. Weighted Average Pricing Analysis Benchmark 7. Industry Analysis Demand (in Value or Size in US$ million) Analysis 2018 to 2022 and Forecast, 2023 to 2033 7.1. Historical Value (US$ million) Analysis, 2018 to 2022 7.2. Current and Future Value (US$ million) Projections, 2023 to 2033 7.2.1. Y-o-Y Growth Trend Analysis 7.2.2. Absolute $ Opportunity Analysis 8. Business Background 8.1. Retail Overview 8.2. Foodservice Overview 8.3. Forecast Factor 8.4. Macro-Economic Factors 8.5. Value Chain Analysis 8.5.1. Exhaustive List of Raw Material Suppliers 8.5.2. Exhaustive List of Converters/Manufacturers 8.5.3. Exhaustive List of End-users/Customers 8.6. Cased-based Scenario – Impact Assessment 8.6.1. Current Statistics 8.6.2. Short-Mid-Long Term Outlook 8.6.3. Likely Rebound 8.7. Key Dynamics 8.7.1. Drivers 8.7.2. Restraints 8.7.3. Opportunity Analysis 8.8. Supply Demand Analysis 9. Industry Analysis 2018 to 2022 and Forecast 2023 to 2033, By Type 9.1. Introduction / Key Findings 9.2. Historical Size (US$ million) and Volume (Unit) Analysis, By Type, 2018 to 2022 9.3. Current and Future Size (US$ million) and Volume (Unit) Analysis and Forecast, By Type, 2023 to 2033 9.3.1. Wall Mounted 9.3.2. Free Standing 9.3.3. On Wheels 9.4. Business Attractiveness Analysis, By Type 10. Industry Analysis 2018 to 2022 and Forecast 2023 to 2033, By End-users 10.1. Introduction / Key Findings 10.2. Historical Size (US$ million) and Volume (Unit) Analysis, By End-users, 2018 to 2022 10.3. Current and Future Size (US$ million) and Volume (Unit) Analysis and Forecast, By End-users, 2023 to 2033 10.3.1. Airports 10.3.2. Shopping Malls 10.3.3. Subway Stations 10.3.4. Commercial Space & Institutions 10.3.5. Residential Community 10.3.6. Hotels & Resorts 10.3.7. Other (Stadium, Parks) 10.4. Business Attractiveness Analysis, By End-users 11. Industry Analysis 2018 to 2022 and Forecast 2023 to 2033, By Sub-region 11.1. Introduction / Key Findings 11.2. Historical Size (US$ million) and Volume (Unit) Analysis, By Sub-region, 2018 to 2022 11.3. Current and Future Size (US$ million) and Volume (Unit) Analysis and Forecast, By Sub-region, 2023 to 2033 11.3.1. North East 11.3.2. South West 11.3.3. West 11.3.4. South East 11.3.5. Mid-West 11.4. Business Attractiveness Analysis, By End-users 12. Northeast Industry Analysis 2018 to 2022 and Forecast 2023 to 2033 12.1. Introduction / Key Findings 12.2. Historical Size (US$ million) and Volume (Unit) Analysis, 2018 to 2022 12.3. Current and Future Size (US$ million) and Volume (Unit) Analysis and Forecast, 2023 to 2033 12.3.1. Connecticut 12.3.2. Delaware 12.3.3. Maine 12.3.4. Maryland 12.3.5. Massachusetts 12.3.6. New Hampshire 12.3.7. New Jersey 12.3.8. New York 12.3.9. Pennsylvania 12.3.10. Rhode Island 12.3.11. Vermont 12.4. Business Attractiveness Analysis, By End-users 12.5. Share Analysis, By Type 12.6. Share Analysis, By County 13. South West Industry Analysis 2018 to 2022 and Forecast 2023 to 2033 13.1. Introduction / Key Findings 13.2. Historical Size (US$ million) and Volume (Unit) Analysis, 2018 to 2022 13.3. Current and Future Size (US$ million) and Volume (Unit) Analysis and Forecast, 2023 to 2033 13.3.1. Arizona 13.3.2. New Mexico 13.3.3. Oklahoma 13.3.4. Texas 13.4. Business Attractiveness Analysis, By End-users 13.5. Share Analysis, By Type 13.6. Share Analysis, By County 14. West Industry Analysis 2018 to 2022 and Forecast 2023 to 2033 14.1. Introduction / Key Findings 14.2. Historical Size (US$ million) and Volume (Unit) Analysis, 2018 to 2022 14.3. Current and Future Size (US$ million) and Volume (Unit) Analysis and Forecast, 2023 to 2033 14.3.1. Alaska 14.3.2. California 14.3.3. Colorado 14.3.4. Hawaii 14.3.5. Idaho 14.3.6. Montana 14.3.7. Nevada 14.3.8. Oregon 14.3.9. Utah 14.3.10. Washington 14.3.11. Wyoming 14.4. Business Attractiveness Analysis, By End-users 14.5. Share Analysis, By Type 14.6. Share Analysis, By County 15. South East Industry Analysis 2018 to 2022 and Forecast 2023 to 2033 15.1. Introduction / Key Findings 15.2. Historical Size (US$ million) and Volume (Unit) Analysis, 2018 to 2022 15.3. Current and Future Size (US$ million) and Volume (Unit) Analysis and Forecast, 2023 to 2033 15.3.1. Alabama 15.3.2. Arkansas 15.3.3. Florida 15.3.4. Georgia 15.3.5. Kentucky 15.3.6. Louisiana 15.3.7. Mississippi 15.3.8. North Carolina 15.3.9. South Carolina 15.3.10. Tennessee 15.3.11. Virginia 15.3.12. West Virginia 15.4. Business Attractiveness Analysis, By End-users 15.5. Share Analysis, By Type 15.6. Share Analysis, By County 16. Mid-West Industry Analysis 2018 to 2022 and Forecast 2023 to 2033 16.1. Introduction / Key Findings 16.2. Historical Size (US$ million) and Volume (Unit) Analysis, 2018 to 2022 16.3. Current and Future Size (US$ million) and Volume (Unit) Analysis and Forecast, 2023 to 2033 16.3.1. Illinois 16.3.2. Indiana 16.3.3. Iowa 16.3.4. Kansas 16.3.5. Michigan 16.3.6. Minnesota 16.3.7. Missouri 16.3.8. Nebraska 16.3.9. North Dakota 16.3.10. Ohio 16.3.11. South Dakota 16.3.12. Wisconsin 16.4. Business Attractiveness Analysis, By End-users 16.5. Share Analysis, By Type 16.6. Share Analysis, By County 17. Structure Analysis 17.1. Industry Analysis by Tier of Companies 17.2. Share Analysis of Top Players 17.3. Presence Analysis 18. Competition Analysis 18.1. Competition Dashboard 18.2. Competition Benchmarking 18.3. Competition Deep Dive/ Portfolio Analysis (Global Based/Operating Key Players) 18.3.1. Smurfit Kappa 18.3.1.1. Overview 18.3.1.2. Product Portfolio 18.3.1.3. Profitability by Key Segments (Type/End-users/Sub-region) 18.3.1.4. Sales Footprint 18.3.1.5. Strategy Overview 18.3.2. International Paper 18.3.2.1. Overview 18.3.2.2. Product Portfolio 18.3.2.3. Profitability by Key Segments (Type/End-users/Sub-region) 18.3.2.4. Sales Footprint 18.3.2.5. Strategy Overview 18.3.3. WestRock 18.3.3.1. Overview 18.3.3.2. Product Portfolio 18.3.3.3. Profitability by Key Segments (Type/End-users/Sub-region) 18.3.3.4. Sales Footprint 18.3.3.5. Strategy Overview 18.3.4. DS Smith Plc 18.3.4.1. Overview 18.3.4.2. Product Portfolio 18.3.4.3. Profitability by Key Segments (Type/End-users/Sub-region) 18.3.4.4. Sales Footprint 18.3.4.5. Strategy Overview 18.3.5. Cart King International 18.3.5.1. Overview 18.3.5.2. Product Portfolio 18.3.5.3. Profitability by Key Segments (Type/End-users/Sub-region) 18.3.5.4. Sales Footprint 18.3.5.5. Strategy Overview 18.3.6. Siffron Inc 18.3.6.1. Overview 18.3.6.2. Product Portfolio 18.3.6.3. Profitability by Key Segments (Type/End-users/Sub-region) 18.3.6.4. Sales Footprint 18.3.6.5. Strategy Overview 18.3.7. Frank Mayer and Associates, Inc 18.3.7.1. Overview 18.3.7.2. Product Portfolio 18.3.7.3. Profitability by Key Segments (Type/End-users/Sub-region) 18.3.7.4. Sales Footprint 18.3.7.5. Strategy Overview 18.3.8. Creative Display Now 18.3.8.1. Overview 18.3.8.2. Product Portfolio 18.3.8.3. Profitability by Key Segments (Type/End-users/Sub-region) 18.3.8.4. Sales Footprint 18.3.8.5. Strategy Overview 18.3.9. Tilsner Carton Company 18.3.9.1. Overview 18.3.9.2. Product Portfolio 18.3.9.3. Profitability by Key Segments (Type/End-users/Sub-region) 18.3.9.4. Sales Footprint 18.3.9.5. Strategy Overview 18.3.10. Nemco Food Company 18.3.10.1. Overview 18.3.10.2. Product Portfolio 18.3.10.3. Profitability by Key Segments (Type/End-users/Sub-region) 18.3.10.4. Sales Footprint 18.3.10.5. Strategy Overview *The above list is indicative in nature and is subject to change during the course of research 19. Assumptions and Acronyms Used 20. Research Methodology
Packaging
October 2023
REP-GB-18002
150 pages
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Merchandising Unit Industry Analysis in United States
