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.
The market is expected to reach ₹2,855 Billion by 2028 from ₹1,489 Billion in 2023.
The Indian glassware market has witnessed tremendous growth in recent years on account of rising demand across industries.
The consumerware market in India has showcased steady growth in recent years, driven by the rise of organized retail and e-commerce.
The Consumer Houseware Market in India Sees Strong Growth in Small Kitchen Appliances
PVR INOX Passport is a monthly subscription service that will cost Rs 699 per month.
TikTok ends retail business in Indonesia after ban on social media shopping
Wedding jewellery accounts for 24% of the total wedding expenses, followed by catering costs.
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.