
Indian Domestic Jewellery Market Size
The jewellery industry was significantly impacted by Covid-19, but it began to recover in CY22, with the industry size stabilizing at around Rs. 4,641 billion.
The jewellery industry was significantly impacted by Covid-19, but it began to recover in CY22, with the industry size stabilizing at around Rs. 4,641 billion.
Organized Retail Revenue crossed Rs 56,000 crore in 9M FY23
The age dependency ratio in India has been declining over the past few decades, from 76.6% in 1981 to 48.1% in 2021.
E-commerce currently accounts for around 5% of the saree industry, but this share is expected to increase in the coming years as more consumers shop online.
Ethnic wear contributed to 30% of total apparel market in fiscal 2023
Saree industry in India is expected to grow at a 5-6% CAGR over fiscal 2023 to fiscal 2028 reaching Rs 625-650 billion by fiscal 2028.
Amazon Prime has more than 200 million members globally and according to Datum's estiamtes around 10 million members in India.
Over 70% of the customers have Amazon prime membership.
The growth is being driven by several factors, including the rise of the middle class, increasing disposable income, and the growing preference for organized retail formats.
According to estimates from Datum, online shoppers are expected to spend ~₹81,000 Crore throughout the festive season in 2023, with 60% coming in the first week.
On 13th September, Birkenstock filed for IPO . The IPO is anticipated to have a $8 billion valuation. In 2022, Birkenstock recorded revenue of around $1.3 billion, an 18% increase from the previous year.
The visual appeal of your product images can contribute significantly to your success, accounting for as much as 40% of the overall impact
At Datum we estimate this opportunity to be around 45 Million out of which around 11.4 million are already deployed by Paytm, PhonePe and BharatPe.
In a significant development in the Indian food industry, the Tata Group is in advanced talks to acquire a controlling stake in Haldiram's. The market for Indian Savoury and Sweets is estimated to be $17.5 bn in 2022.