India’s E-commerce Surge Trends Driving the Future of Online Shopping

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India E-commerce Market size was valued at USD 67.62 Bn in 2023 and is expected to reach USD 450.81 Bn by 2030, at a CAGR of 31.13 %.

E-commerce in India The market is projected to grow at a compound annual growth rate (CAGR) of 31.13% from its 2023 valuation of USD 67.62 billion to USD 450.81 billion by 2030.

India E-commerce Market Overview

Maximize Market Research is a Business Consultancy Firm that has published a detailed analysis of the “India E-commerce Market”. The report includes key business insights, demand analysis, pricing analysis, and competitive landscape. The analysis in the report provides an in-depth aspect at the current status of the India E-commerce market, with forecasts outspreading to the year 2030.

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India E-commerce Market Scope and Methodology:

The research provides a thorough understanding of the India E-commerce industry, highlights major competitors and their market positioning, and provides an overview of the competitive landscape. It also talks about recent product developments and market trends in technology. For the benefit of businesses, newcomers, and industry participants in the India E-commerce market, comprehensive data on revenue, sales volume, and average pricing is accessible for the whole India E-commerce market and its segments. The examination of the India E-commerce industry reveals current patterns impacting growth and prospects.

Both qualitative and quantitative research are included in the study, with an emphasis on pattern identification, data interpretation, and perceptive observations. A hierarchical method is used to analyse the strategies of leading businesses in the India E-commerce industry, taking into account different market segments and geographical areas. Details on import/export activities, market trends, costs, and pricing are also included in the study.

India E-commerce Market Regional Insights

The India E-commerce market is divided into North America, South America, Europe, the Middle East and Africa, and Asia Pacific, according to regional analysis. Several areas are home to nations such as the United States, Canada, Mexico, United Kingdom, Germany, France, Spain, Italy, Rest of Europe, China, India, Japan, Australia, and South Korea.

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India E-commerce Market Segmentation

by Type

B2B (Business-to-Business)
B2C (Business-to-Consumer)
C2C (Consumer-to-Consumer)
M-Commerce (Mobile Commerce)

Business-to-business (B2B), business-to-consumer (B2C), and consumer-to-consumer (C2C) are the three market segments. In 2023, the business-to-consumer (B2C) sector accounted for the greatest proportion of the Indian e-commerce market. This is explained by the growing use of cellphones and internet penetration. Business-to-Consumer, or B2C, encompasses a broad spectrum of enterprises, from local shops and conventional mall locations to contemporary online marketplaces like Amazon and Nykaa. In the past, business-to-consumer (B2C) enterprises were physical storefronts, restaurants, and small enterprises that sold goods directly to customers without the need of middlemen. However, the introduction of e-commerce platforms, which enable the direct sale of goods and services online, brought about a change in this industry with the advent of the internet.

by Product Category

Electronics and Appliances
Fashion and Apparel
Beauty and Personal Care
Food and Grocery
Furniture and Home Décor
Others

The market is divided into several segments, including Food and Grocery, Beauty and Personal Care, Fashion and Apparel, Electronics and Appliances, Furniture and Home Décor, and Others. In 2023, the highest share of the Indian e-commerce market was held by the Electronics and Appliances segment. This is explained by the growing number of middle-class people who have more disposable income. Over the course of the projection year, fashion and apparel are anticipated to dominate the Indian e-commerce market. To keep up with the growing demand, a number of fashion e-commerce platforms have appeared, including Myntra, Ajio, Kanchan Fashion, Meesho, and others.

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India E-commerce Market Key Players

1. Flipkart
2. Amazon India
3. Snapdeal
4. Paytm Mall
5. Myntra
6. Jabong
7. Ajio
8. Nykaa
9. BigBasket
10. Grofers
11. ShopClues
12. Pepperfry
13. Lenskart
14. FirstCry
15. Zomato
16. Swiggy
17. NetMeds
18. Medlife
19. Reliance Digital
20. Tata Cliq
21. Croma
22. Voonik
23. Limeroad
24. Healthkart
25. Industrybuying

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Table of Content: India E-commerce Market

Part 01: Executive Summary

Part 02: Scope of the India E-commerce Market Report

Part 03: Global India E-commerce Market Landscape

Part 04: Global India E-commerce Market Sizing

Part 05: Global India E-commerce Market Segmentation by Type

Part 06: Five Forces Analysis

Part 07: Customer Landscape

Part 08: Geographic Landscape

Part 09: Decision Framework

Part 10: Drivers and Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Vendor Analysis

Key questions answered in the India E-commerce Market are:

  • What is India E-commerce ?
  • What was the India E-commerce market size in 2023?
  • What is the growth rate of the India E-commerce Market?
  • Which is the fastest-growing region in the India E-commerce market?
  • Which are the factors expected to drive the India E-commerce market growth?
  • What is the CAGR at which the India E-commerce market will grow during the forecast period?
  • What growth strategies are the players considering to increase their presence in India E-commerce ?
  • What are the upcoming opportunities and trends for the India E-commerce Market?
  • What are the different segments of the India E-commerce Market?
  • What are the recent industry trends that can be implemented to generate additional revenue streams for the India E-commerce Market?
  • What segments are covered in the India E-commerce Market?
  • Who are the key players in the India E-commerce market?
  • Who are the leading companies and what are their portfolios in India E-commerce Market? 

Related Reports:

Key Offerings:

  • Past Market Size and Competitive Landscape (2018 to 2022)
  • Past Pricing and price curve by region (2018 to 2022)
  • Market Size, Share, Size Forecast by Different Segment | 2024−2030
  • Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
  • Market Segmentation – A detailed analysis by segment with their sub-segments and Region 
  • Competitive Landscape – Profiles of selected key players by region from a strategic perspective 
    • Competitive landscape – Market Leaders, Market Followers, Regional player
    • Competitive benchmarking of key players by region
  • PESTLE Analysis 
  • PORTER’s analysis 
  • Value chain and supply chain analysis 
  • Legal Aspects of Business by Region
  • Lucrative business opportunities with SWOT analysis 
  • Recommendations 

About Maximize Market Research:

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