Spend Per Head Grew Faster in Cinemas
The sharp gain in spend per head despite a more moderate uptick in average ticket price highlights the growing importance of food and beverage to the movie experience.
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Occupancy Rates Remain Below Pre-Pandemic Levels
Leading Indian movie theater operators PVR and INOX continue to report occupancy rates below pre-pandemic levels
PVR and INOX Footfalls Remain Below Pre-Pandemic Levels
Movie theaters PVR and INOX continue to face challenges recovering pre-pandemic footfall levels, reporting 140 million total footfalls in FY23 - an occupancy rate of just 26.4% versus 34.9% in FY20.
Consumers Wary of Processed Food and Drink
Clear communication will become necessary to help consumers make informed decisions about how processed and ultra-processed food and drink fit into their diets.
Residential Furniture Market to Reach ₹2,855 Billion by 2028
The market is expected to reach ₹2,855 Billion by 2028 from ₹1,489 Billion in 2023.
Indian Glassware Market to Cross ₹63 Billion by 2027
The Indian glassware market has witnessed tremendous growth in recent years on account of rising demand across industries.
Indian Consumerware Market to Cross ₹565 Billion by 2027
The consumerware market in India has showcased steady growth in recent years, driven by the rise of organized retail and e-commerce.
Indian Consumer Houseware Market to Cross ₹507 Billion by 2027
The Consumer Houseware Market in India Sees Strong Growth in Small Kitchen Appliances
PVR Launches Subscription Plan
PVR INOX Passport is a monthly subscription service that will cost Rs 699 per month.
Indonesia Bans Social Commerce on TikTok
TikTok ends retail business in Indonesia after ban on social media shopping
Wedding Jewellery Accounts for 24% of Wedding Expenses
Wedding jewellery accounts for 24% of the total wedding expenses, followed by catering costs.
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.
Growing Organised Retail in India
Organized Retail Revenue crossed Rs 56,000 crore in 9M FY23
Trend of Population vis-à-vis Dependency Ratio
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 accounts for 5% of the saree industry
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.
Share of Ethnic Wear in Overall Apparel Industry is to Decrease
Ethnic wear contributed to 30% of total apparel market in fiscal 2023