Franchise Market 2025-2029
The franchise market is forecasted to grow by $ 2240 mn during 2024-2029, accelerating at a CAGR of 10.8% % during the forecast period. The report on the franchise market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rise in number of restaurants and hotels worldwide, growing demand for convenient food products, and increasing construction activities.
Technavio's franchise market is segmented as below:
By Type
- Business format franchise
- Product distribution franchise
- Management franchise
- Others
By Application
- Hotels
- Convenience stores
- Real estate
- Car rental and dealers
- Others
By Geographical Landscape
- North America
- Europe
- APAC
- South America
- Middle East and Africa
This study identifies the innovation in in-store retailing as one of the prime reasons driving the franchise market growth during the next few years. Also, innovative packaging and marketing initiatives by prominent vendors and increasing focus on omnichannel trade will lead to sizable demand in the market.
The report on the franchise market covers the following areas:
- Franchise Market sizing
- Franchise Market forecast
- Franchise Market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading franchise market vendors that include Ace Hardware Corp., Burger King Company LLC, Century 21 Real Estate LLC, Chick fil A Inc., Circle K, Dominos, Jersey Mikes Franchise Systems Inc., KFC Corporation, Kumon Institute of Education Co. Ltd., Marriott International Inc., Mathnasium LLC, McDonald Corp., Papa Johns International Inc., Paris Baguette, Play It Again Sports, RE MAX Holdings Inc., Seven and i Holdings Co. Ltd., The Wendys Co., United Parcel Service Inc., and Wild Birds Unlimited Inc.. Also, the franchise market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.