India Retail Market Size by Sector and Channel Including Online Retail, Key Players and Forecast to 2027
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India Retail Market Report Overview
The Indian retail market size was INR 91,891 billion in 2022. The market is expected to grow at a CAGR of more than 13% during 2022-2027. The India retail market research report provides both historic and forecast market data for total retail sales in India.
India Retail Market Outlook 2022 – 2027 (INR Billion)
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It illustrates the data with charts, graphs, and tables, summarizing the value trends, with individual sector details in overall retail. The databook also reveals major retailers in each sector and their market share along with their price and market positioning in 2022.
Market Size (2022) | INR 91,891 billion |
CAGR (2022-2027) | >13% |
Historical Period | 2017-2022 |
Forecast Period | 2023-2027 |
Key Sectors | · Food & Grocery
· Clothing & Footwear · Home · Electricals · Health & Beauty |
Key Distribution Channels | · Convenience Stores (Including Independents) and Gas Stations
· Food and Drinks Specialists · Online · Drug Stores and Health & Beauty Stores · Hypermarkets, Supermarkets & Hard Discounters · Clothing, Footwear, and Accessories Specialists · Electrical and electronics specialists · Other Specialist Retail |
Leading Retailers | · Reliance Trends
· AJIO.com · Reliance Fresh · D-Mart · Reliance Digital · Samsung · Herbalife · Medplus · Interio · Home Centre |
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India Retail Market Segmentation by Sectors
The key sectors in the India retail market are food & grocery, clothing & footwear, home, electricals, health & beauty, among others. Food & grocery had the highest value share in 2022. Moreover, electricals will have the highest growth rate during the forecast period.
India Retail Market Analysis by Sectors, 2022 (%)
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India Retail Market Segmentation by Distribution Channels
Some of the key distribution channels in the India retail market are convenience stores (including independents) and gas stations, food and drinks specialists, online, drug stores and health & beauty stores, hypermarkets, supermarkets & hard discounters, clothing, footwear, and accessories specialists, electrical and electronics specialists, and other specialist retail. Convenience stores (including independents) and gas stations had the highest value share in 2022.
India Retail Market Analysis by Distribution Channels, 2022 (%)
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India Retail Market - Competitive Landscape
Some of the leading retailers in the Indian retail market are Reliance Trends, AJIO.com, Reliance Fresh, D-Mart, Reliance Digital, Samsung, Herbalife, Medplus, Interio, and Home Centre.
India Retail Market Analysis by Retailers, 2022
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Segments Covered in the Report
India Retail Market Sectors Outlook (Value, INR Billion, 2017-2027)
- Food & Grocery
- Clothing & Footwear
- Home
- Electricals
- Health & Beauty
India Retail Market Distribution Channels Outlook (Value, INR Billion, 2017-2027)
- Convenience Stores (Including Independents) and Gas Stations
- Food and Drinks Specialists
- Online
- Drug Stores and Health & Beauty Stores
- Hypermarkets, Supermarkets & Hard Discounters
- Clothing, Footwear, and Accessories Specialists
- Electrical and electronics specialists
- Other Specialist Retail
Key Highlights
• Retail in India to grow at 13.3% CAGR over 2022-2027 driven by inflation and economic recovery
• Online electricals sales share of India is expected to reach 54.5% in 2027, the highest among all sectors
• Home sector sales to grow by INR 8.4bn by 2027
Reasons to Buy
- Gain a comprehensive view of the India retail industry and forecasts to 2027
- Explore new opportunities that will allow you to align your product offerings and strategies to meet demand following the impact of recent events on the retail market in India
- Investigate current and forecast trends in the Indian retail sectors to identify the opportunities offering the most potential
- Understand who the main competitors are in the sectors and their price positioning
Medplus
Apollo Pharmacy
Nykaa
D-Mart
Reliance Fresh
Amway
BigBazaar
More Supermarket
Amazon
Table of Contents
Frequently asked questions
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What was the India retail market size in 2022?
The retail market size in India was INR 91,891 billion in 2022.
-
What is the Indian retail market growth rate?
The retail market in India is expected to grow at a CAGR of more than 13% during 2022-2027.
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Which was the leading sector in the Indian retail market in 2022?
Food & grocery was the leading sector in the Indian retail market in 2022.
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Which was the leading distribution channel in the Indian retail market in 2022?
Convenience stores (including independents) and gas stations was the leading distribution channel in the Indian retail market in 2022.
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Which are the leading retailers in the Indian retail market?
Some of the leading retailers in the Indian retail market are Reliance Trends, AJIO.com, Reliance Fresh, D-Mart, Reliance Digital, Samsung, Herbalife, Medplus, Interio, and Home Centre.
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