Retail
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What is the retail industry?
The retail sector, or retail trade, provides goods and services directly to the end consumer through various businesses such as supermarkets, restaurants, and stores. It offers a wide range of products and utilizes sales channels such as physical stores, e-commerce, and catalog sales.
It is characterized by selling a limited number of products to a large number of customers. As one of the most important sectors of the economy, it generates employment and has a significant impact on the local economy. Furthermore, it constantly adapts to the demands and needs of consumers.
Retail
The retail industry, also known as the retail trade, is a fundamental piece in the global economic machinery. Its impact extends worldwide, and its significance goes beyond the mere fact that it represents a significant source of economic income.
According to an international report on the retail sector in 2021, it is crucial for brands to understand the dynamics that influence buyers within this industry. In Latin America, for example, this sector generated over $24 billion in 2014, which speaks to its importance in the region.
The importance of the retail industry in Mexico and the United States
The retail sector is key to the economies of Mexico and the United States, providing products and services that meet consumer needs.
In Mexico, it represents approximately 5% of the GDP and employs nearly 4 million people. Despite challenges such as price increases, retail companies have overcome obstacles with innovative strategies and global knowledge.
The retail sector’s supply chains in Mexico have shown strength in the face of the health contingency, the trade war, and the USMCA. In 2022, trends such as omnichannel, automation, sustainable economy, and self-service stood out to meet consumer needs.
In the United States, the retail sector accounts for 25% of the GDP and employs 52 million people. It has experienced steady growth in online sales, competing with retailers like Amazon.
The impact of the retail sector in the United States is reflected in federal regulations that protect consumers and people with disabilities, promoting a fair and healthy environment.
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Packaging challenges in the retail industry
The retail industry faces packaging-related challenges, including rising costs, supply shortages, and pressure to improve sustainability. The goal is to eliminate, reduce, and use alternative materials to develop sustainable packaging without compromising product protection.
Specific challenges include the need for water and oxygen barriers to protect against vapor loss or gain, lipid oxidation, microbial growth, and flavor loss. There are also challenges in production, shipping, package size, method and timing of delivery, and production capacity.
Retailers must collaborate with suppliers and regulators to address these challenges and improve packaging sustainability and efficiency in the future.
DMD Packaging Solutions for the Retail Industry
DMD Custom Crates & Boxes offers high-quality custom packaging solutions for the retail industry. Our wide range of products includes pallets, boxes, crates, reels, and bins made from high-quality and recycled wood, complying with strict sustainability standards.
Benefit from our uninterrupted supply, thanks to our continuous production capacity and supplier chain in Mexico, the United States, and Canada. Our products meet the highest sustainability standards, helping you comply with regulations and consumer demands.
Focused on product protection, we adapt our packaging to your specific needs. We avoid the use of plastics and offer environmentally friendly solutions.
Trust DMD for quality and environmentally friendly packaging solutions. Contact us for more information!
