Share of Ethnic Wear in Overall Apparel Industry is to Decrease
Ethnic wear contributed to 30% of total apparel market in fiscal 2023
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Indian Saree Market to Reach ₹625 billion by 2028
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.
The No. 1 reason people subscribe to Amazon Prime is
Amazon Prime has more than 200 million members globally and according to Datum's estiamtes around 10 million members in India.
Amazon's Prime Membership Program Stopped Growing
Over 70% of the customers have Amazon prime membership.
Shopping in Indian Shopping Malls to Reach $39 Bn by 2028
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.
Festive Season Will Generate ~₹81,000 Crore In Online Sales
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.
Birkenstock's Next Step: From Sandals to the Stock Market
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.
Cleverly Crafting Packaging
The visual appeal of your product images can contribute significantly to your success, accounting for as much as 40% of the overall impact
Payment Soundbox Opportunity In India
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.
Sweet and Savoury Market to Reach $25 billion by 2026
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.
State of Quick Commerce, Q2 2023
The largest segment of India's $800 billion retail business is food. Here are some statistics pertaining to Quick Commerce in India in Q2 2023.
Festive Sales 2023 - eCommerce
The online retail market was $52 billion in 2022, which implies that 17% of the year's sales ($9 billion) happened in a single month.
Time for Personalisation in Retail is Now
The future of personalized discounting is bright, as more and more retailers are realizing the benefits of this approach
Consumer Confidence Survey, May 2023
The latest round of the survey was conducted during May 2-11, 2023, covering 6,089 respondents. Female respondents accounted for 52.3 per cent of this sample.