Retail Market in India (Segments-Organised Retail Market, Un-organised Retail Market) Industry Analysis, Volume, Share, Growth,Challenges,Key Players,Trends,Export Analysis,Regions and Forecast 2016 – 2024.
Number of pages: 144 | Report Code:PSMR-00031| Report Format : PDF | Status : Upcoming
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India’s retail market worth US$ 811.54 billion in 2017 and ranks among the top five worlds retail market in terms of economic value. Indian retail sector segments includes are clothing, textiles, fashion accessories, jewelry, watches, footwear, health, beauty care, pharmaceuticals, consumer durable, home appliances, mobiles, furnishings, utensils, furniture, food, grocery, catering, books, music, gifts and entertainment.
Retail industry basically divided into two sectors Organized and Un-organized. organized retail market is growing at 3.5 percent annually. Overall retail market is expected to grow at 12 % per annum, with modern trade would expand twice as fast at 20% per annum and traditional trade at 10% per annum.
Indian e-commerce sales are US$ 15.4 billion in FY-2017. India’s Business to Business (B2B) e-commerce market is expected to reach US$ 700 billion by 2020.## Online retail is expected to be at par with the physical stores in the next five years. India is expected to become the world’s fastest growing e-commerce market, driven by robust investment in the sector and rapid increase in the number of internet users.
Retail Market : Growth Analysis
The increase in the purchasing power of the Indian middle classes and the emerging foreign investments has been encouraging in the Growth of Retail Companies in India.Indian exports of locally made retail and lifestyle products grew at a compound annual growth rate (CAGR) of 10 per cent from 2013 to 2016.India’s net retail sales are quite significant among emerging and developed nations; the country is ranked third (after China and Brazil) in total sales.Growth Retail Index analysis for top countries in terms of net sale is as follows:
- Asia Pacific
- Latin America
- Middle East
- United Arab Emirates