Indian Retail Industry - Major trends, Growth and Opportunities (2020 - 2025)

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India accounts to more than 1.2 billion population and second largest retail market in world. The retail industry in India continues to maintain its momentum, driven by economic and social developments and population growth. Key factors in the growth of retail industry are robust economic growth, Increasing tourism, rising population, growing youth segment, changing consumer trends, rising purchasing power and penetration of international players. Retail industry in the India region will expand at a CAGR of 16.3% over 2013-18.

Standing of India during the period in Asia is most optimistic, with an expected CAGR of above 16.3% followed by Indonesia with a CAGR of 14%. The Overall size of Indian retail market is $534 USD in 2013.

India retail sector is driven by rising disposable income, consumer confidence and increasing High net worth Individuals. India retail market has become more robust after the entry of international retail chains. Retail market is badly affected by low GDP per capita and high youth unemployment.

Liberal retail policies and removal of trade barriers and restrictions on foreign investment and linkage to World Trade Organization (WTO) are helping the retail sector growth in India. India has recently made its policies liberal which will help in higher growth and will make business easy.

What the report offers

The study elucidates the situation of India and predicts the growth of its Retail Industry. Report talks about growth, market trends, progress, challenges, opportunities, technologies in use, growth forecast, major companies, upcoming companies and projects etc. in the Retail sector of India. In addition to it, the report also talks about economic conditions of and future forecast of its current economic scenario and effect of its current policy changes in to its economy, reasons and implications on the growth of this sector. Lastly, the report is segmented by various types’ Retail available in the country.

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