Indian Consumer Houseware Market to Cross ₹507 Billion by 2027
The Consumer Houseware Market in India Sees Strong Growth in Small Kitchen Appliances
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PVR Launches Subscription Plan
PVR INOX Passport is a monthly subscription service that will cost Rs 699 per month.
Indonesia Bans Social Commerce on TikTok
TikTok ends retail business in Indonesia after ban on social media shopping
Wedding Jewellery Accounts for 24% of Wedding Expenses
Wedding jewellery accounts for 24% of the total wedding expenses, followed by catering costs.
Indian Domestic Jewellery Market Size
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.
Growing Organised Retail in India
Organized Retail Revenue crossed Rs 56,000 crore in 9M FY23
Trend of Population vis-à-vis Dependency Ratio
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 accounts for 5% of the saree industry
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.
Share of Ethnic Wear in Overall Apparel Industry is to Decrease
Ethnic wear contributed to 30% of total apparel market in fiscal 2023
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.
