Found inside – Page 9The market size of such services combined stood at INR 9.2 Billion in 2007 and grew to INR 63.5 Billion in 2012, thus registering a CAGR of more than 45% ... Nevertheless, long-term outlook for the industry looks positive, supported by rising income, favourable demographics, entry of foreign players, and increasing urbanisation. 5) Multiplexes. The increase in online users has been witnessed across various segments coming from Tier 2 and 3 cities. The total size of retail loan book of Indian lenders is expected to double to ₹ 96 trillion in five years, said a joint report by ICICI Bank and Crisil on Tuesday. This statistic is not included in your account. Retailing Sector Analysis Report. Found inside – Page 362. Between the 1999–2003 period , India's GDP has increased by 40 per cent . 3. The growth of the retailing industry at a lightening speed - K.T . Food & groceries (F&G) segment forms the major share of Indias merchandise retail expenditure. Please do not hesitate to contact me. Armed with business … Furthermore, according to a report titled ‘India Institutionalized Retail Market 2010’, published by Knight Frank India in May 2010 during 2010-12, around 55 million square feet (sq ft) of retail space will be ready in Mumbai, national capital region (NCR), Bengaluru, Chennai, Hyderabad and … The overall market size was then used in the top-down procedure to estimate the size of other individual markets via percentage splits of the market segmentation. Included with this snapshot is socio-economic data for India. As per Forrester Research, in 2020, India's retail sector was estimated at US$ 883 billion, with grocery retail accounting for US$ 608 billion. India is the world’s fifth-largest global destination in the retail space and ranked 63 in World Bank’s Doing Business 2020. Forecast Period: 2021–2025. Retail and FMCG markets in India are exponentially growing and are expected to grow at 20 per cent and 21 per cent, respectively, said the study by industry body Assocham and media group MRRSIndia.com. Found inside – Page 198In India , retail market size in currency wise is speculated as $ 180 billion , employment wise 15 % of adults and perhaps largest contributor to the ... India is set to become the third-largest online retail market by 2030 after the US and China with an annual Gross Merchandise value (GMV) of ~US$ 350 billion. "Value of the retail market in India from 2018 to 2026 (in billion U.S. The Fashion market is growing at a CAGR of 11% with online fashion growing the fastest, at a CAGR of ~32% Published on: Nov 2019 Consumers across India have been gradually veering towards organized and online retail. The ideal entry-level account for individual users. The India online grocery market size was valued at USD 2.9 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 37.1% from 2021 to 2028. Found inside – Page 128Similarly , a study conducted by the Associated Chambers of Commerce and Industry of India ( ASSOCHAM ) , projected the overall size of retail market in ... Online travel constitutes a sizable portion (87%) of this market today. and over 1 Mio. The Indian retail trading has received Foreign Direct Investment (FDI) equity inflow totalling US$ 3.47 billion during April 2000-March 2021, according to Department for Promotion of Industry and Internal Trade (DPIIT). For example, India has 22 official languages and, with regional languages and dialects from all states, the figure climbs to more than 1,600. Register in seconds and access exclusive features. In May 2021, Big Bazaar rolled out its two-hour delivery service in small cities, such as Bhopal, Mangalore, Raipur, Ranchi, Guwahati, Kanpur, Lucknow, and Varanasi, and recorded a boost in orders over the past weeks. Found inside – Page 32.1 Structure and size of the Indian retail market The Indian retail market is the world's 8thlargest retail market and currently estimated to be a USD 200 ... Key factors driving the growth of the market … India is the world’s second-largest producer of food. Estimated Year: 2020. and over 1 Mio. Looking forward, IMARC Group expects the market to grow at a CAGR of 8.6% during 2021-2026. You need at least a Single Account to use this feature. Found inside – Page 692Despite its sheer size, India's luxury market has been lagging far behind China's, mostly due to lack of infrastructure, inconsistent legislation, ... Between 2013 and 2019, India’s food & grocery market doubled from $300 billion to $600. You need a Single Account for unlimited access. Are you interested in testing our corporate solutions? Found inside – Page 104Organized players contribute ______ of the cold chain industry market in India (a) 4-6% (b) 8-10% (c) 12-15% (d) 15-18% 142. Retail Market Size in India ... Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. Industry Trends. The unorganised retail market controls around 90% of entire retailing. Online penetration of retail is expected to reach 10.7% by 2024 versus 4.7% in 2019. Market Size: Global Apparel RetailThe global apparel retail industry grew by 2.1% in FY10 to reach a value of$1,078.2 billion, whereas, the Indian apparel retail industry Presentation by Shubha Brota Raha 20 21. Then you can access your favorite statistics via the star in the header. India’s e-commerce market is estimated to record sales worth US$ 55 billion during 2021 with the addition of 40 million new online shoppers. Found inside – Page 249Retail sales in the India region will grow with a CAGR of 16.3% over 2013-18 (“Indian Retail Industry - Major trends, Growth and Opportunities 2020 – 2025”, ... [157 Pages Report] The global Internet of Things (IoT) in retail market size is expected to grow from USD 14.5 billion in 2020 to USD 35.5 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 19.6% during the forecast period. India Retail Market Size has been super lucrative for brands across the globe. Food & Grocery is the major contributor in the entire retail market in India with a total contribution of almost around 60% of the total retail sector in 2012. Please enable Javascript for full functionality. Directly accessible data for 170 industries from 50 countries Found inside – Page 203India is one of the largest emerging markets in terms of population and ... the Indian retail industry has strong linkages with the economic growth and ... Found inside – Page 1172011 | Volume 25 Issue I Dirk Morschett, Thomas Foscht, Thomas Rudolph. Table 2: Summary of Retail Sectors in India Total market Organised retail Expected ... In addition to having to cope with such a fragmented market demographically, brick-and-mortar booksellers in India also have to deal with competition from new channels to market offered by e-commerce. Please create an employee account to be able to mark statistics as favorites. Buy Full Report 1. It contributes 10% to the GDP and 8% to the employment. Indian retail sector: Digital influence India is a highly digitally inclined nation. Figure 16: India Bed Market Share, By … 10,000-12,000 crore (US$ 1.39-2.77 billion) in FY20. Found inside – Page 68... retail spending, capable of supporting many multi-billion dollar consumer product businesses Source: Govt Reports Figure 15 Retail Market Size in India ... Request Now ! Market value and volume comprises sales through all retail channels including direct to consumer. The Minister of MSME announced inclusion of retail and wholesale trades as MSMEs. E-commerce is probably creating the biggest revolution in retail industry, and this trend is likely to continue in the years to come. There are four major retail formats within the industry - … This made it the leading sector in retail by a large margin. Of the overall retail industry, food and grocery accounts for the largest share in revenue in India. Modern trade (sup… In March 2021, Vivo announced plan to open ~100 exclusive retail stores across India in 2021; aims to cross the 650-store mark in India by 2021. The market is … The company would be opening other self-owned exclusive stores at five locations in Mumbai. Market Size. In 2021, Lenskart received US$ 315 million funding from Falcon Edge Capital, Temasek Holdings, KKR. Durable Goods: Market size of online retail industry in India 2015-2022 Organized food and grocery retail penetration India 2012-2021 Organized retail market value India 2018, by category To analyse and forecast the India Insurance market size. Found inside – Page 102Travel retail India is a relatively new travel retail market with enormous ... The actual market size of e-commerce, however, is still miniscule as compared ... Market Outlook 2021-2026: The Indian sports and fitness goods market reached a value of US$ 1,796 Million in 2020. As a Premium user you get access to the detailed source references and background information about this statistic. https://indiancompanies.in/list-of-biggest-retail-companies-in-india In addition, Indian Retail market reached 950 billion US$ in 2018 and is expected to reach 1.1 Trillion in 2020. Market Size. Growing investments in AI technology to develop innovative applications for improving retail customer experience is driving the industry growth. As per "India Goes Digital", a report by Avendus Capital, the Indian e-commerce market is estimated at ₹28,500 Crore ($6.3 billion) for the year 2011. Indian Textile and Apparel Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026. (2021). Fuelled by these factors, the Indian retail industry is expected to grow from US$ 790 billion in FY 2019 to US$ 1400 billion by FY 2024, as the overall economy crosses the US$ 5 trillion mark. Found inside – Page 661INDIAN RETAIL MARKET (` Crore) ORGANISED RETAIL (` Crore) Growth 2007>2006 (%) Growth 2007>2006 (%) 2006 2007 2006 2007 40,650 45,500 11.9 3,700 5,000 35.1 ... To scrutinize the detailed market segmentation and forecast the market size, in terms of value, based on insurance applications and regions, namely, North, South, East and West. Grocery retail in India is estimated to be over 60% of the country’s total retail market. 1 = US$ 0.01344, References: Media Reports, Press Releases, Deloitte report, Department of Industrial Policy and Promotion website, Consumer Leads report by FICCI and Deloitte - October 2019. Revenue of India’s offline retailers, also known as brick and mortar (B&M) retailers, is expected to increase by Rs. Found inside – Page 621RETAIL INDUSTRY IN INDIA Market Size of Indian Retail Industry The total market size was ... MARKET SIZE CAGR 6.1% 2013 $490 BN 2012 $ 518 Bn 2010 $424 Bn. India’s retail sector attracted US$ 6.2 billion from various private equity and venture capital funds in 2020. You can only download this statistic as a Premium user. Market Size: Overall Indian RetailThe India retail market is estimated at US$ 470 Bn in 2011, accounting for ~35% of GDPand is expected to grow to US$ 675 Bn by 2016, @ CAGR of 7.5% Presentation by Shubha Brota Raha 7 8. The Government of India has taken various initiatives to improve the retail industry in India. To identify the supporting factors and … 4.5 Company-wise Retail Outlets in India, 2013-2019. The market is projected to reach ~US$ 1.3 trillion by 2024. The growth witnessed in the fast-moving consumer goods (FMCG) sector was also a reflection of positivity recorded in the overall macroeconomic scenario amid opening of the economy and easing of lockdown restrictions. Get more details on this report - Request Free Sample PDF. Market Forecast is provided for five years. 2) Hypermarkets. Found inside – Page 55Market size over the past few years (USD billion) Share of commodities in Retail Industry Source: Technopak, Indian Retail Market January 2013, Deloitte, ... Users can find detailed information about the retail in food processing industry provided by the Ministry of Food Processing Industries. Currently, India is the 5th largest retail market in the world. Chart. Having expanded to many countries, including India, Amazon has become the uncontested global leader of e-commerce and developed further into brick-and-mortar retail with the acquisition of Whole Foods Market, as well as publishing, electronics, … Found inside – Page 56Organised formats have developed Size of the Organised Retail Market much faster in the southern part of the country with cities like Chennai , Bangalore ... Statista. Found inside – Page 321The annual growth of the retail market in India is expected to be around 8 per cent. • The total retail market size in India is likely to touch $416 billion ... The Overall size of Indian retail market is $534 USD in 2013. Deloitte, India Brand Equity Foundation. Found inside – Page 9This way growth of organized retail wi edible oils industry as well. dern trade in the Indian economy has also l industry and will continue to do so. Accessed September 24, 2021. https://www.statista.com/statistics/1021352/india-organized-retail-market-value/, India Brand Equity Foundation. You only have access to basic statistics. "The online retail market in India is estimated to be 25% of the total organized retail market and is expected to reach 37% by 2030-27," it said. With household goods and personal care products amounting to up to 50 percent of FMCG sales in the country, the FMCG sector has proven to be India's fourth-largest income-generating sector. In the Indian context, the retail sector is the second largest employer after agriculture. Market size and growth. You need a Single Account for unlimited access. Artificial Intelligence Market Size by Company Type. In March 2021, Realme announced to expand retail footprint in India with flagship stores; it is planning to launch its first flagship store (over a 10,000 sq. The market is projected to reach ~US$ 1.3 trillion by 2024. Worldwide e-commerce share of retail sales 2015-2024, World: leading retailers 2019, by retail revenue. High share of F&G is an expected outcome of the developing nature of the Indian economy. Found inside – Page 175The current market size of Indian retail industry is about US$ 520 bn (Source: IBEF). Retail growth of 14% to 15% per year is expected through 2015. (January 29, 2020). The online retail market in India has grown by leaps and bounds from its nascent state in the mid-2000s to its current market of USD19.5 billion worth of transactions at a gross level before returns and rejections. Objective of the Study: To analyze and forecast the market size of India online retail market, in terms of value. According to the Retailers Association of India (RAI), the retail industry achieved 93% of pre-COVID sales in February 2021; consumer durables and quick service restaurants (QSR) increased by 15% and 18% respectively. To classify and forecast India online retail market based on segment and regional distribution. January 29, 2020. In April 2021, Flipkart expanded its hyperlocal delivery service Quick to six new cities including Delhi, Gurugram, Ghaziabad, Noida, Hyderabad, and Pune as the demand for essential goods on e-commerce platforms surges amid the second wave of the pandemic. INDIA’S ORGANISED RETAIL PHYSICAL SPACE MARKET SIZE Delhi NCR 23.7 s Hyderabad 5.4 … The rural FMCG market in India is expected to grow at a CAGR of 14.6 per cent, and reach USD 220 billion by 2025 from USD 29.4 billion in 2016. Please contact us to get started with full access to dossiers, forecasts, studies and international data. India ranked 63 … It is estimated that by 2022, the size of the retail market will exceed $ 1.2 trillion. In February 2021, Greyweave, a hand-made carpets and rugs brand, announced to invest Rs. Also, With the rapid increase in internet users, India Retail is projected as the World’s fastest-growing e-commerce market. dollars)." Country's long term consumption story seems to be intact as India is expected to be the fifth-largest consumer products market in the world by 2025 with a size of $262 billion, according to an EY India report. India is the world’s fifth largest global destination in the retail space. Electronics System Design & Manufacturing. 4.6 State-wise and Company-wise Retail Outlets in India, 2019. Found inside – Page 101With a turnover of Figure 3.1: India: size of the retail market, 2006–2015 $7.5 billion, the organized retail industry currently accounts for a mere 2%–3% ... The e-gift card industry in India will continue to grow over the forecast period and is expected to record a CAGR of 32.6% during 2020-2024. e-gift … Corporate solution including all features. Deloitte, & India Brand Equity Foundation. dollars)." As per Forrester Research, in 2020, India's retail sector was estimated at US$ 883 billion, with grocery retail accounting for US$ 608 billion. [157 Pages Report] The global Internet of Things (IoT) in retail market size is expected to grow from USD 14.5 billion in 2020 to USD 35.5 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 19.6% during the forecast period. Indian retail industry has emerged as one of the most dynamic and fast-paced industries due to the entry of several new players. In, Deloitte, und India Brand Equity Foundation. The retail market in India is estimated to reach US$ 1.1 trillion by 2020 from US$ 840 billion in 2017, with modern trade expected to grow at 20 25% per annum, which is likely to boost revenue of FMCG companies. Retail … India is the world’s fifth-largest global destination in the retail space. facts. Already a member? In March 2021, AP Group announced an expansion plan for their Italian brand – Just Cavalli in India with the launch of 200 offline stores in 2021. Details of milk and dairy products in retail industry … India retail sector is driven by rising disposable income, consumer confidence and increasing High net worth Individuals. A new RedSeer Consulting report presents a market overview. At present, there are approximately 7.6 billion people on the Earth. Government may change Foreign Direct Investment (FDI) rules in food processing in a bid to permit E-commerce companies and foreign retailers to sell Made in India consumer products. Strong government initiatives coupled Indian retail industry is one of the fastest growing in the world. * Forecast. The organized food and grocery retail market was valued at over 34 billion Indian rupees across India in 2018. At present, the Indian online retail market is valued around $20 billion, comprising over 80–100 million online shoppers, and this number is expected to rise more rapidly in coming years. This was in a sense, the beginning of a new era for retail in India. Found inside – Page 19(Source: https://www.ibef.org/industry/retail-india.aspx) The above exponential growth of the retail industry of India is driven by various factors: ... As per Forrester Research, in 2020, India's retail sector was estimated at US$ 883 billion, with grocery retail accounting for US$ 608 billion. Value of the retail market in India from 2018 to 2026 (in billion U.S. dollars) [Graph]. Profit from additional features by authenticating your Admin account. The FMCG market in India is expected to increase at a CAGR … AI in Retail Market size exceeded USD 2 billion in 2020 and is expected to grow at more than 30% CAGR between 2021 and 2027. Data for 2019 not available, Market share of online grocers in India 2019, by company, Retail market distribution in India FY 2019, by category, Number of modern retail grocery outlets India 2013-2020, Consumer durables market size in India FY 2005-2022. India to be 5th largest FMCG market by 2025: EY Report. As a Premium user you get access to background information and details about the release of this statistic. Found inside – Page 33The total size of the Indian retail market is estimated at around USD 500 billion at present, but the organised retail sector remains small, ... With household goods and personal care products amounting to up to 50 percent of FMCG sales in the country, the FMCG sector has proven to be India… In March 2021, ASICS expanded its retail concept in India with a new store in Bengaluru. With this, the IoT units in India can also see a rapid growth of 31 times to reach 1.9 billion by 2020.1. 4.4 Government Policies and Regulations. Found insideA report by KPMG-FICCI – late 2015, put the overall size of ... India's retail market is expected to grow to US$1.3 trillion by 2020, making India the ... Login / Retrieve Password, Copyright © 2010-2021 India Brand Equity Foundation, All material, information, data, images or content on this website is subject to copyright or other applicable intellectual property laws and no part of it can be reproduced in any form (including paper or electronic form) without prior written consent and approval from IBEF. ft. area) in Gujarat. FMCG market Overview: The global FMCG market is projected to reach $15,361.8 billion by 2025, registering a CAGR of 5.4% from 2018 to 2025. Note: Conversion rate used in July 2021, Rs. Get detailed COVID-19 impact analysis on the Home Decor Market. Growing investments in AI technology to develop innovative applications for improving retail customer experience is driving the industry growth. Boston Consulting Group says e-commerce currently accounts for about 5-6% of Indian retail. The Indian Artificial Intelligence market has been valued at $6.4 Bn. According to the Indian Retail, Trading has received Foreign Direct Investment equity of 2.12 billion US$ during the period April-2000 to … During the festival period in 2020, Amazon, Flipkart and various vertical players sold goods worth US$ 9 billion despite the pandemic onslaught. Total Starbucks locations globally 2003-2020, Market share of leading carbonated beverage companies worldwide, Revenue and financial key figures of Coca-Cola 2009-2020, Profit from additional features with an Employee Account. India is one of the top 5 retail markets in the world by economic value. The Indian retail sector in India is emerging as one of the largest sectors in the economy. Found inside – Page 692Despite its sheer size, India's luxury market has been lagging far behind China's, mostly due to lack of infrastructure, inconsistent legislation, ... Found inside – Page 164While size of Indian retail market has been US$ 600 billion which depict very clearly that China is way ahead of India in retail development. 7. You only have access to basic statistics. Progress as per ibef.org reports users, India Brand Equity Foundation lucrative brands! U.S. dollars ) [ Graph ] on March 25, 2021, Lenskart received US $ 280 billion over 450... 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