Product Code: IRTNTR76348
The franchise market is forecasted to grow by USD 1634.71 bn during 2022-2027, accelerating at a CAGR of 9.58% 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:
Market Scope |
Base Year | 2022 |
End Year | 2027 |
Series Year | 2023-2027 |
Growth Momentum | Accelerate |
YOY 2023 | 8.92% |
CAGR | 9.58% |
Incremental Value | $1,634.71bn |
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., Century 21 Real Estate LLC, Chick fil A Inc., Circle K, Jersey Mikes Franchise Systems Inc., JUBILANT FOODWORKS LTD., Kumon Institute of Education Co. Ltd., Marriott International Inc., Mathnasium LLC, McDonald Corp., Papa Johns International Inc., RE MAX Holdings Inc., Restaurant Brands International Inc., Seven and i Holdings Co. Ltd., SPC Group, The Wendys Co., United Parcel Service Inc., Wild Birds Unlimited Inc., Winmark Corp., and YUM Brands 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 research - both primary and secondary. 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 the accurate market growth.
Table of Contents
1 Executive Summary
- 1.1 Market overview
- Exhibit 01: Executive Summary - Chart on Market Overview
- Exhibit 02: Executive Summary - Data Table on Market Overview
- Exhibit 03: Executive Summary - Chart on Global Market Characteristics
- Exhibit 04: Executive Summary - Chart on Market By Geographical Landscape
- Exhibit 05: Executive Summary - Chart on Market Segmentation by Type
- Exhibit 06: Executive Summary - Chart on Market Segmentation by Application
- Exhibit 07: Executive Summary - Chart on Incremental Growth
- Exhibit 08: Executive Summary - Data Table on Incremental Growth
- Exhibit 09: Executive Summary - Chart on Vendor Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 10: Parent market
- Exhibit 11: Market Characteristics
3 Market Sizing
- 3.1 Market definition
- Exhibit 12: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 13: Market segments
- 3.3 Market size 2022
- 3.4 Market outlook: Forecast for 2022-2027
- Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ billion)
- Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ billion)
- Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
- Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)
4 Historic Market Size
- 4.1 Global franchise market 2017 - 2021
- Exhibit 18: Historic Market Size - Data Table on global franchise market 2017 - 2021 ($ billion)
- 4.2 Type Segment Analysis 2017 - 2021
- Exhibit 19: Historic Market Size - Type Segment 2017 - 2021 ($ billion)
- 4.3 Application Segment Analysis 2017 - 2021
- Exhibit 20: Historic Market Size - Application Segment 2017 - 2021 ($ billion)
- 4.4 Geography Segment Analysis 2017 - 2021
- Exhibit 21: Historic Market Size - Geography Segment 2017 - 2021 ($ billion)
- 4.5 Country Segment Analysis 2017 - 2021
- Exhibit 22: Historic Market Size - Country Segment 2017 - 2021 ($ billion)
5 Five Forces Analysis
- 5.1 Five forces summary
- Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
- 5.2 Bargaining power of buyers
- Exhibit 24: Chart on Bargaining power of buyers - Impact of key factors 2022 and 2027
- 5.3 Bargaining power of suppliers
- Exhibit 25: Bargaining power of suppliers - Impact of key factors in 2022 and 2027
- 5.4 Threat of new entrants
- Exhibit 26: Threat of new entrants - Impact of key factors in 2022 and 2027
- 5.5 Threat of substitutes
- Exhibit 27: Threat of substitutes - Impact of key factors in 2022 and 2027
- 5.6 Threat of rivalry
- Exhibit 28: Threat of rivalry - Impact of key factors in 2022 and 2027
- 5.7 Market condition
- Exhibit 29: Chart on Market condition - Five forces 2022 and 2027
6 Market Segmentation by Type
- 6.1 Market segments
- Exhibit 30: Chart on Type - Market share 2022-2027 (%)
- Exhibit 31: Data Table on Type - Market share 2022-2027 (%)
- 6.2 Comparison by Type
- Exhibit 32: Chart on Comparison by Type
- Exhibit 33: Data Table on Comparison by Type
- 6.3 Business format franchise - Market size and forecast 2022-2027
- Exhibit 34: Chart on Business format franchise - Market size and forecast 2022-2027 ($ billion)
- Exhibit 35: Data Table on Business format franchise - Market size and forecast 2022-2027 ($ billion)
- Exhibit 36: Chart on Business format franchise - Year-over-year growth 2022-2027 (%)
- Exhibit 37: Data Table on Business format franchise - Year-over-year growth 2022-2027 (%)
- 6.4 Product distribution franchise - Market size and forecast 2022-2027
- Exhibit 38: Chart on Product distribution franchise - Market size and forecast 2022-2027 ($ billion)
- Exhibit 39: Data Table on Product distribution franchise - Market size and forecast 2022-2027 ($ billion)
- Exhibit 40: Chart on Product distribution franchise - Year-over-year growth 2022-2027 (%)
- Exhibit 41: Data Table on Product distribution franchise - Year-over-year growth 2022-2027 (%)
- 6.5 Management franchise - Market size and forecast 2022-2027
- Exhibit 42: Chart on Management franchise - Market size and forecast 2022-2027 ($ billion)
- Exhibit 43: Data Table on Management franchise - Market size and forecast 2022-2027 ($ billion)
- Exhibit 44: Chart on Management franchise - Year-over-year growth 2022-2027 (%)
- Exhibit 45: Data Table on Management franchise - Year-over-year growth 2022-2027 (%)
- 6.6 Others - Market size and forecast 2022-2027
- Exhibit 46: Chart on Others - Market size and forecast 2022-2027 ($ billion)
- Exhibit 47: Data Table on Others - Market size and forecast 2022-2027 ($ billion)
- Exhibit 48: Chart on Others - Year-over-year growth 2022-2027 (%)
- Exhibit 49: Data Table on Others - Year-over-year growth 2022-2027 (%)
- 6.7 Market opportunity by Type
- Exhibit 50: Market opportunity by Type ($ billion)
- Exhibit 51: Data Table on Market opportunity by Type ($ billion)
7 Market Segmentation by Application
- 7.1 Market segments
- Exhibit 52: Chart on Application - Market share 2022-2027 (%)
- Exhibit 53: Data Table on Application - Market share 2022-2027 (%)
- 7.2 Comparison by Application
- Exhibit 54: Chart on Comparison by Application
- Exhibit 55: Data Table on Comparison by Application
- 7.3 Hotels - Market size and forecast 2022-2027
- Exhibit 56: Chart on Hotels - Market size and forecast 2022-2027 ($ billion)
- Exhibit 57: Data Table on Hotels - Market size and forecast 2022-2027 ($ billion)
- Exhibit 58: Chart on Hotels - Year-over-year growth 2022-2027 (%)
- Exhibit 59: Data Table on Hotels - Year-over-year growth 2022-2027 (%)
- 7.4 Convenience stores - Market size and forecast 2022-2027
- Exhibit 60: Chart on Convenience stores - Market size and forecast 2022-2027 ($ billion)
- Exhibit 61: Data Table on Convenience stores - Market size and forecast 2022-2027 ($ billion)
- Exhibit 62: Chart on Convenience stores - Year-over-year growth 2022-2027 (%)
- Exhibit 63: Data Table on Convenience stores - Year-over-year growth 2022-2027 (%)
- 7.5 Real estate - Market size and forecast 2022-2027
- Exhibit 64: Chart on Real estate - Market size and forecast 2022-2027 ($ billion)
- Exhibit 65: Data Table on Real estate - Market size and forecast 2022-2027 ($ billion)
- Exhibit 66: Chart on Real estate - Year-over-year growth 2022-2027 (%)
- Exhibit 67: Data Table on Real estate - Year-over-year growth 2022-2027 (%)
- 7.6 Car rental and dealers - Market size and forecast 2022-2027
- Exhibit 68: Chart on Car rental and dealers - Market size and forecast 2022-2027 ($ billion)
- Exhibit 69: Data Table on Car rental and dealers - Market size and forecast 2022-2027 ($ billion)
- Exhibit 70: Chart on Car rental and dealers - Year-over-year growth 2022-2027 (%)
- Exhibit 71: Data Table on Car rental and dealers - Year-over-year growth 2022-2027 (%)
- 7.7 Others - Market size and forecast 2022-2027
- Exhibit 72: Chart on Others - Market size and forecast 2022-2027 ($ billion)
- Exhibit 73: Data Table on Others - Market size and forecast 2022-2027 ($ billion)
- Exhibit 74: Chart on Others - Year-over-year growth 2022-2027 (%)
- Exhibit 75: Data Table on Others - Year-over-year growth 2022-2027 (%)
- 7.8 Market opportunity by Application
- Exhibit 76: Market opportunity by Application ($ billion)
- Exhibit 77: Data Table on Market opportunity by Application ($ billion)
8 Customer Landscape
- 8.1 Customer landscape overview
- Exhibit 78: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
- 9.1 Geographic segmentation
- Exhibit 79: Chart on Market share By Geographical Landscape 2022-2027 (%)
- Exhibit 80: Data Table on Market share By Geographical Landscape 2022-2027 (%)
- 9.2 Geographic comparison
- Exhibit 81: Chart on Geographic comparison
- Exhibit 82: Data Table on Geographic comparison
- 9.3 North America - Market size and forecast 2022-2027
- Exhibit 83: Chart on North America - Market size and forecast 2022-2027 ($ billion)
- Exhibit 84: Data Table on North America - Market size and forecast 2022-2027 ($ billion)
- Exhibit 85: Chart on North America - Year-over-year growth 2022-2027 (%)
- Exhibit 86: Data Table on North America - Year-over-year growth 2022-2027 (%)
- 9.4 Europe - Market size and forecast 2022-2027
- Exhibit 87: Chart on Europe - Market size and forecast 2022-2027 ($ billion)
- Exhibit 88: Data Table on Europe - Market size and forecast 2022-2027 ($ billion)
- Exhibit 89: Chart on Europe - Year-over-year growth 2022-2027 (%)
- Exhibit 90: Data Table on Europe - Year-over-year growth 2022-2027 (%)
- 9.5 APAC - Market size and forecast 2022-2027
- Exhibit 91: Chart on APAC - Market size and forecast 2022-2027 ($ billion)
- Exhibit 92: Data Table on APAC - Market size and forecast 2022-2027 ($ billion)
- Exhibit 93: Chart on APAC - Year-over-year growth 2022-2027 (%)
- Exhibit 94: Data Table on APAC - Year-over-year growth 2022-2027 (%)
- 9.6 South America - Market size and forecast 2022-2027
- Exhibit 95: Chart on South America - Market size and forecast 2022-2027 ($ billion)
- Exhibit 96: Data Table on South America - Market size and forecast 2022-2027 ($ billion)
- Exhibit 97: Chart on South America - Year-over-year growth 2022-2027 (%)
- Exhibit 98: Data Table on South America - Year-over-year growth 2022-2027 (%)
- 9.7 Middle East and Africa - Market size and forecast 2022-2027
- Exhibit 99: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
- Exhibit 100: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
- Exhibit 101: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
- Exhibit 102: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
- 9.8 US - Market size and forecast 2022-2027
- Exhibit 103: Chart on US - Market size and forecast 2022-2027 ($ billion)
- Exhibit 104: Data Table on US - Market size and forecast 2022-2027 ($ billion)
- Exhibit 105: Chart on US - Year-over-year growth 2022-2027 (%)
- Exhibit 106: Data Table on US - Year-over-year growth 2022-2027 (%)
- 9.9 China - Market size and forecast 2022-2027
- Exhibit 107: Chart on China - Market size and forecast 2022-2027 ($ billion)
- Exhibit 108: Data Table on China - Market size and forecast 2022-2027 ($ billion)
- Exhibit 109: Chart on China - Year-over-year growth 2022-2027 (%)
- Exhibit 110: Data Table on China - Year-over-year growth 2022-2027 (%)
- 9.10 UK - Market size and forecast 2022-2027
- Exhibit 111: Chart on UK - Market size and forecast 2022-2027 ($ billion)
- Exhibit 112: Data Table on UK - Market size and forecast 2022-2027 ($ billion)
- Exhibit 113: Chart on UK - Year-over-year growth 2022-2027 (%)
- Exhibit 114: Data Table on UK - Year-over-year growth 2022-2027 (%)
- 9.11 Germany - Market size and forecast 2022-2027
- Exhibit 115: Chart on Germany - Market size and forecast 2022-2027 ($ billion)
- Exhibit 116: Data Table on Germany - Market size and forecast 2022-2027 ($ billion)
- Exhibit 117: Chart on Germany - Year-over-year growth 2022-2027 (%)
- Exhibit 118: Data Table on Germany - Year-over-year growth 2022-2027 (%)
- 9.12 Canada - Market size and forecast 2022-2027
- Exhibit 119: Chart on Canada - Market size and forecast 2022-2027 ($ billion)
- Exhibit 120: Data Table on Canada - Market size and forecast 2022-2027 ($ billion)
- Exhibit 121: Chart on Canada - Year-over-year growth 2022-2027 (%)
- Exhibit 122: Data Table on Canada - Year-over-year growth 2022-2027 (%)
- 9.13 Market opportunity By Geographical Landscape
- Exhibit 123: Market opportunity By Geographical Landscape ($ billion)
- Exhibit 124: Data Tables on Market opportunity By Geographical Landscape ($ billion)
10 Drivers, Challenges, and Trends
- 10.1 Market drivers
- 10.2 Market challenges
- 10.3 Impact of drivers and challenges
- Exhibit 125: Impact of drivers and challenges in 2022 and 2027
- 10.4 Market trends
11 Vendor Landscape
- 11.1 Overview
- 11.2 Vendor landscape
- Exhibit 126: Overview on Criticality of inputs and Factors of differentiation
- 11.3 Landscape disruption
- Exhibit 127: Overview on factors of disruption
- 11.4 Industry risks
- Exhibit 128: Impact of key risks on business
12 Vendor Analysis
- 12.1 Vendors covered
- Exhibit 129: Vendors covered
- 12.2 Market positioning of vendors
- Exhibit 130: Matrix on vendor position and classification
- 12.3 Ace Hardware Corp.
- Exhibit 131: Ace Hardware Corp. - Overview
- Exhibit 132: Ace Hardware Corp. - Product / Service
- Exhibit 133: Ace Hardware Corp. - Key offerings
- 12.4 Century 21 Real Estate LLC
- Exhibit 134: Century 21 Real Estate LLC - Overview
- Exhibit 135: Century 21 Real Estate LLC - Product / Service
- Exhibit 136: Century 21 Real Estate LLC - Key offerings
- 12.5 Chick fil A Inc.
- Exhibit 137: Chick fil A Inc. - Overview
- Exhibit 138: Chick fil A Inc. - Product / Service
- Exhibit 139: Chick fil A Inc. - Key offerings
- 12.6 Jersey Mikes Franchise Systems Inc.
- Exhibit 140: Jersey Mikes Franchise Systems Inc. - Overview
- Exhibit 141: Jersey Mikes Franchise Systems Inc. - Product / Service
- Exhibit 142: Jersey Mikes Franchise Systems Inc. - Key offerings
- 12.7 JUBILANT FOODWORKS LTD.
- Exhibit 143: JUBILANT FOODWORKS LTD. - Overview
- Exhibit 144: JUBILANT FOODWORKS LTD. - Product / Service
- Exhibit 145: JUBILANT FOODWORKS LTD. - Key offerings
- 12.8 Kumon Institute of Education Co. Ltd.
- Exhibit 146: Kumon Institute of Education Co. Ltd. - Overview
- Exhibit 147: Kumon Institute of Education Co. Ltd. - Product / Service
- Exhibit 148: Kumon Institute of Education Co. Ltd. - Key offerings
- 12.9 Marriott International Inc.
- Exhibit 149: Marriott International Inc. - Overview
- Exhibit 150: Marriott International Inc. - Business segments
- Exhibit 151: Marriott International Inc. - Key offerings
- Exhibit 152: Marriott International Inc. - Segment focus
- 12.10 McDonald Corp.
- Exhibit 153: McDonald Corp. - Overview
- Exhibit 154: McDonald Corp. - Business segments
- Exhibit 155: McDonald Corp. - Key news
- Exhibit 156: McDonald Corp. - Key offerings
- Exhibit 157: McDonald Corp. - Segment focus
- 12.11 Papa Johns International Inc.
- Exhibit 158: Papa Johns International Inc. - Overview
- Exhibit 159: Papa Johns International Inc. - Business segments
- Exhibit 160: Papa Johns International Inc. - Key offerings
- Exhibit 161: Papa Johns International Inc. - Segment focus
- 12.12 RE MAX Holdings Inc.
- Exhibit 162: RE MAX Holdings Inc. - Overview
- Exhibit 163: RE MAX Holdings Inc. - Business segments
- Exhibit 164: RE MAX Holdings Inc. - Key offerings
- Exhibit 165: RE MAX Holdings Inc. - Segment focus
- 12.13 Restaurant Brands International Inc.
- Exhibit 166: Restaurant Brands International Inc. - Overview
- Exhibit 167: Restaurant Brands International Inc. - Business segments
- Exhibit 168: Restaurant Brands International Inc. - Key news
- Exhibit 169: Restaurant Brands International Inc. - Key offerings
- Exhibit 170: Restaurant Brands International Inc. - Segment focus
- 12.14 SPC Group
- Exhibit 171: SPC Group - Overview
- Exhibit 172: SPC Group - Product / Service
- Exhibit 173: SPC Group - Key offerings
- 12.15 The Wendys Co.
- Exhibit 174: The Wendys Co. - Overview
- Exhibit 175: The Wendys Co. - Business segments
- Exhibit 176: The Wendys Co. - Key offerings
- Exhibit 177: The Wendys Co. - Segment focus
- 12.16 Wild Birds Unlimited Inc.
- Exhibit 178: Wild Birds Unlimited Inc. - Overview
- Exhibit 179: Wild Birds Unlimited Inc. - Product / Service
- Exhibit 180: Wild Birds Unlimited Inc. - Key offerings
- 12.17 YUM Brands Inc.
- Exhibit 181: YUM Brands Inc. - Overview
- Exhibit 182: YUM Brands Inc. - Business segments
- Exhibit 183: YUM Brands Inc. - Key news
- Exhibit 184: YUM Brands Inc. - Key offerings
- Exhibit 185: YUM Brands Inc. - Segment focus
13 Appendix
- 13.1 Scope of the report
- 13.2 Inclusions and exclusions checklist
- Exhibit 186: Inclusions checklist
- Exhibit 187: Exclusions checklist
- 13.3 Currency conversion rates for US$
- Exhibit 188: Currency conversion rates for US$
- 13.4 Research methodology
- Exhibit 189: Research methodology
- Exhibit 190: Validation techniques employed for market sizing
- Exhibit 191: Information sources
- 13.5 List of abbreviations
- Exhibit 192: List of abbreviations