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- India’s e-retail market is estimated to increase to $150–$170 billion by 2027. This implies 25%–30% annual growth and doubling of market penetration to 9%–10% over the next five years.
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Dec 28, 2023 · Deloitte India's 'Future of Retail' report predicts a significant surge in the online retail sector from $70 billion in 2022 to an estimated $325 billion by 2030. This finds resonance in India’s burgeoning e-commerce sector, where the Open Network for Digital Commerce (ONDC) has emerged as a catalyst, presenting a tapestry of both ...
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The Covid-19 pandemic has been a crucible moment for online retail in India. The pandemic has induced hypergrowth and a 12-month acceleration in market penetration. India currently has the third-largest shopper base globally, with 180–190 million online shoppers in 2021. In addition, India is well poised to surpass the US to have the second-largest...
India’s e-retail has evolved and matured materially over the past decade. Before 2015 (Phase 1.0 – Cautious early adoption), e-retail was restricted to upper-income households from metro and tier-1 cities. Categories such as mobile phones and fashion accounted for more than 75% of gross merchandise value (GMV), led by horizontal platforms. Made-for...
India’s e-retail market is estimated to be $50 billion in 2022, growing at 25% over 2021. The market is expected to scale to $150–$170 billion in 2027, with up to 1 in 10 retail dollars spent online.This secular growth is supported by strong underlying fundamentals: a large consumer base with growing affluence, albeit from low levels currently; growing Internet and smartphone penetration (enab...The mix of categories purchased online will change. Fashion, general merchandise, and grocery, which have the highest penetration headroom vs. mature e-retail markets, will grow disproportionately...India’s e-retail shopper base scaled to 180–190 million in 2021, with 40–50 million shoppers added in 2021 alone. The majority of these shoppers (about 60%) come from tier-3 or smaller cities. A ne...E-retail in India has evolved materially over the last decade. Phase 1.0 (pre 2015) can be characterized as a phase of “cautious early adoption.” The medium was restricted to select households (typ...The Covid-19 pandemic steered India’s e-retail market into Phase 3.0 of its evolution—an era of innovation. Over the last 12–18 months, three distinct hallmarks of Phase 3.0 have emerged. These inc...In this phase of growth (Phase 3.0), platforms will need to solve for distinct shopper micro-segments across geographies, incomes, and age groups. Three out of five shoppers belong to tier-2 or sma...India’s e-retail market is witnessing the emergence of novel business models in Phase 3.0 of growth. These models, currently at different stages of maturity, include:Mar 15, 2022 · Overall, we expect the Indian market to grow at a compound annual rate of 19.8% to reach US$85.5 billion by 2025. This report discusses key activities in India’s online retail market and outlines what marketplaces and brands can expect in 2022 and beyond.
Jun 27, 2023 · Deloitte India projects online retail boom to outpace offline growth by 2030. National, 27 June 2023: Online retail penetration is projected to grow at an extraordinary rate, outpacing offline retail by 2.5 times in the next decade.
Mar 21, 2022 · Info-tech. Online retail in India forecast to grow at a CAGR of 19.8% to reach $85.5 billion by 2025: Report. Updated - March 21, 2022 at 02:05 PM. Amazon-Flipkart duopoly is fast becoming a...
In 2022, Indian e-commerce and consumer internet companies raised $15.4 Bn in PE/VC funding, 2x increase from $8.2 Bn in 2020. Discover Retail & E-commerce in India. ~ Bn. Internet users by 2025. % FDI permitted in B2B E-commerce. % Rate at which India’s e-commerce market is projected to grow annually through 2025. Sector Expert. Arnav Kalia.
Jun 27, 2023 · The country's online retail market size may touch USD 325 billion by 2030 against USD 70 billion in 2022, mainly due to rapid growth of e-commerce in tier-2 and tier-3 cities, according to a Deloitte India report released on Tuesday.
