Retail in India

TABLE OF CONTENTS

List Of Contents And Tables

Executive Summary

India Retail Grows Steadily as Macro Conditions Support Resilient Consumption

Key Data Insights

Key Industry Trends

CHART 1 Key Industry Trends for Retail

Industry Performance

CHART 2 Competitors Expand their Click-and-Collect and Fast Delivery Services

Small Local Grocers Dominates Value, While Retail E-Commerce Drives Growth Momentum

CHART 3 Reliance Retail Strengthens Its App-Based Ecosystem

Reliance Retail Ltd Expands Its Digital Ecosystem with Fast Delivery and an Integrated Retail Model

CHART 4 Value Sales 2020-2030

CHART 5 Value Sales by Category 2025

What's Next?

Small Local Grocers Will Retain Scale, While Retail E-Commerce Is Set to Lead Channel Growth

CHART 6 Analyst Insight for Retail

Convenience, Value, and Digital Engagement Are Expected to Redefine Retail Strategies

CHART 7 Forecast Value Sales 2020-2030

CHART 8 Forecast Value Sales by Category 2025-2030

Competitive Landscape

Flipkart and Amazon.In Retain the Lead through Investments in Technology and Omnichannel Integration

Innovation and Quick Commerce Reshape Retail through Hybrid Formats

CHART 9 Instamart Opens Its First Offline Experiential Bright Store

CHART 10 Company Shares 2025

CHART 11 Brand Shares 2025

Operating Environment

Informal Retail

Opening Hours for Physical Retail

CHART 12 Standard Opening Hours by Channel Type 2025

Seasonality

Diwali season

End of season sale

Economic Context

CHART 13 Economic Context for Retail

CHART 14 Real Gdp Growth 2020-2030

CHART 15 Inflation 2020-2030

Consumer Context

CHART 16 Consumer Context for Retail

CHART 17 Population 2020-2030

CHART 18 Population by Generation 2025

Country Reports Disclaimer

CONVENIENCE RETAILERS IN INDIA

• Key Data Insights
• 2025 Developments
• Convenience Retailers Expand through Urban Mobility and On-The-Go Consumption Trends
• Key Industry Trends
• CHART 19 Key Industry Trends for Convenience Retailers
• Industry Performance
• Convenience Stores Retain Dominance While Forecourt Formats Drive Fastest Growth
• CHART 20 The New Shop expands its 24/7 convenience store network
• Redefining Convenience through Affordability and Small-Pack Innovation
• CHART 21 FMCG small packs drive affordability in Indian convenience stores
• CHART 22 Value Sales 2020-2030
• CHART 23 Value Sales by Category 2025
• What's Next?
• Growth Will Be Led by Urban Proximity and Mobility-Driven Forecourt Expansion
• CHART 24 Analyst Insight for Convenience Retailers
• Location-Led Expansion, Foodservice Innovation, and Digital Engagement Will Define the Future of Convenience Retail
• Ai-Driven Personalisation and Demand Forecasting Are Set to Reshape Convenience Retailers
• CHART 25 Forecast Value Sales 2020-2030
• CHART 26 Forecast Value Sales by Category 2025-2030

Competitive Landscape

• Central Government Employees Consumer Cooperative Society Ltd Strengthens Its Lead in a Highly Concentrated Market
• CHART 27 Company Shares 2025
• CHART 28 Brand Shares 2025
• Economic Context
• CHART 29 Economic Context for Convenience Retailers
• CHART 30 Real Gdp Growth 2020-2030
• CHART 31 Inflation 2020-2030
• Consumer Context
• CHART 32 Consumer Context for Convenience Retailers
• CHART 33 Population 2020-2030
• CHART 34 Population by Generation 2025
• Country Reports Disclaimer

HYPERMARKETS IN INDIA

• Key Data Insights
• 2025 Developments
• Hypermarkets Sustain Value-Led Growth during Intensifying Competition and Shifting Consumer Priorities
• Key Industry Trends
• CHART 35 Key Industry Trends for Hypermarkets
• Industry Performance
• D-Mart Accelerates Omnichannel Strategy to Adapt to E-Commerce-Driven Shifts in Shopping Behaviour
• CHART 36 D-Mart expands D-Mart Ready to enhance online grocery convenience
• CHART 37 Value Sales 2020-2030
• CHART 38 Analyst Insight for Hypermarkets
• What's Next?
• Value-Led Bulk Shopping Is Set to Drive Sustained Growth for Hypermarkets
• Loyalty Strategies and Digital Integration Strengthen Competitiveness against Quick Commerce
• CHART 39 Forecast Value Sales 2020-2030

Competitive Landscape

• D-Mart Consolidates Its Dominance in a Highly Concentrated Market
• CHART 40 D-Mart expands D-Mart Ready to enhance online grocery convenience
• CHART 41 Company Shares 2025
• CHART 42 Brand Shares 2025
• Economic Context
• CHART 43 Economic Context for Hypermarkets
• Consumer Context
• CHART 44 Consumer Context for Hypermarkets
• CHART 45 Population 2020-2030
• CHART 46 Population by Generation 2025
• Country Reports Disclaimer

SUPERMARKETS IN INDIA

• Key Data Insights
• 2025 Developments
• Supermarkets Sustain Growth as Omnichannel Expansion Reshapes Competition
• Key Industry Trends
• CHART 47 Key Industry Trends for Supermarkets
• Industry Performance
• CHART 48 JioMart scales dark stores for 30 minute grocery delivery across India
• Supermarkets Boost Loyalty and Margins through Private Label Expansion
• Value-Driven Consumption Reshapes Product Mix and Accelerates Format Adaptation
• CHART 49 More Retail expands its private label portfolio, boosting value-driven offerings
• CHART 50 Value Sales 2020-2030
• What's Next?
• Omnichannel Integration Is Set to Strengthen Shopper Loyalty and Market Reach
• CHART 51 Analyst Insight for Supermarkets
• Private Label Expansion Is Expected to Drive Value Positioning and Margin Growth
• Sustainability and Health Trends Will Reshape Product Innovation and Premium Demand
• CHART 52 Forecast Value Sales 2020-2030

Competitive Landscape

• Supermarket Remain Highly Concentrated with Reliance Retail Sustaining a Dominant Leadership
• CHART 53 Company Shares 2025
• CHART 54 Brand Shares 2025
• Economic Context
• CHART 55 Economic Context for Supermarkets
• CHART 56 Real Gdp Growth 2020-2030
• CHART 57 Inflation 2020-2030
• Consumer Context
• CHART 58 Consumer Context for Supermarkets
• CHART 59 Population 2020-2030
• CHART 60 Population by Generation 2025
• Country Reports Disclaimer

SMALL LOCAL GROCERS IN INDIA

• Key Data Insights
• 2025 Developments
• Small Local Grocers Remain Resilient Amid Rising Competition and Cautious Consumption
• Industry Performance
• Essentials and Small Pack Sizes Drive Repeat Visits to Small Local Grocers
• Digital Payment Adoption Helps to Retain Shoppers as Competition Rises
• CHART 61 Value Sales 2020-2030
• What's Next?
• Digital Tools and Flexible Pricing Are Expected to Reinforce Community Loyalty
• Value-Seeking Behaviour and Localised Service Are Set to Support Ongoing Demand
• CHART 62 Forecast Value Sales 2020-2030
• Economic Context
• CHART 63 Economic Context for Small Local Grocers
• CHART 64 Real Gdp Growth 2020-2030
• CHART 65 Inflation 2020-2030
• Consumer Context
• CHART 66 Consumer Context for Small Local Grocers
• CHART 67 Population 2020-2030
• CHART 68 Population by Generation 2025
• Country Reports Disclaimer

GENERAL MERCHANDISE STORES IN INDIA

• Key Data Insights
• 2025 Developments
• Market Growth Is Driven by Value-Led Demand and Evolving Consumer Behaviour
• Key Industry Trends
• CHART 69 Key Industry Trends for General Merchandise Stores
• Industry Performance
• Department Stores Drive Growth through Format Expansion and Private Label Differentiation
• CHART 70 Value Sales 2020-2030
• CHART 71 Value Sales by Category 2025
• What's Next?
• Department Stores Are Set to Accelerate Personalisation and Omnichannel Integration to Drive Loyalty
• CHART 72 Analyst Insight for General Merchandise Stores
• Private Label and Value-Led Formats Are Set to Reshape Retail Competition and Profitability
• CHART 73 Forecast Value Sales 2020-2030
• CHART 74 Forecast Value Sales by Category 2025-2030

Competitive Landscape

• General Merchandise Stores Become More Concentrated as Trent Ltd Accelerates Share Gains
• CHART 75 Company Shares 2025
• CHART 76 Brand Shares 2025
• Economic Context
• CHART 77 Economic Context for General Merchandise Stores
• CHART 78 Real Gdp Growth 2020-2030
• CHART 79 Inflation 2020-2030
• Consumer Context
• CHART 80 Consumer Context for General Merchandise Stores
• CHART 81 Population 2020-2030
• CHART 82 Population by Generation 2025
• Country Reports Disclaimer

APPAREL AND FOOTWEAR SPECIALISTS IN INDIA

• Key Data Insights
• 2025 Developments
• Value-Led Expansion and Cautious Spending Shape Demand in Apparel and Footwear
• Key Industry Trends
• CHART 83 Key Industry Trends for Apparel and Footwear Specialists
• Industry Performance
• CHART 84 Bata India drives value led sales through discounts and store expansion
• Digital and Omnichannel Strategies Transform Retail and Consumer Engagement
• CHART 85 Metro expands e commerce and omni channel footwear sales to capture online demand
• CHART 86 Value Sales 2020-2030
• CHART 87 Analyst Insight for Apparel and Footwear Specialists
• What's Next?
• Value-Driven Consumption Will Sustain Growth in Apparel and Footwear Specialists
• Omnichannel and Rapid Fulfilment Is Set to Reshape Retail Competitiveness
• CHART 88 Forecast Value Sales 2020-2030

Competitive Landscape

• Apparel and Footwear Specialists Remains Fragmented with Reliance Trends Leading through Retail Modernisation
• CHART 89 Company Shares 2025
• CHART 90 Brand Shares 2025
• Economic Context
• CHART 91 Economic Context for Apparel and Footwear Specialists
• CHART 92 Real Gdp Growth 2020-2030
• CHART 93 Inflation 2020-2030
• Consumer Context
• CHART 94 Consumer Context for Apparel and Footwear Specialists
• CHART 95 Population 2020-2030
• CHART 96 Population by Generation 2025
• Country Reports Disclaimer

APPLIANCES AND ELECTRONICS SPECIALISTS IN INDIA

• Key Data Insights
• 2025 Developments
• Appliances and Electronics Specialists Outpaces Economic Growth in 2025
• Key Industry Trends
• CHART 97 Key Industry Trends for Appliances and Electronics Specialists
• Industry Performance
• CHART 98 Croma expands its digital-first appliance and electronics sales with Croma Online Plus
• Click-And-Collect and Mobile Checkout Redefine Retail Convenience
• Shift toward Smart and Premium Appliances Support Growth and Reshape Category Mix
• CHART 99 Value Sales 2020-2030
• CHART 100 Analyst Insight for Appliances and Electronics Specialists
• What's Next?
• Growth Will Be Shaped by Iot Adoption and Evolving Consumption Patterns
• Smart and Connected Devices and Digital Integration Drive Industry Transformation
• Urban and Semi-Urban Consumers Accelerate Omnichannel Adoption and Reshape Retail Behaviour
• CHART 101 Forecast Value Sales 2020-2030

Competitive Landscape

• Reliance Retail Strengthens Its Leadership as Croma From Infiniti Retail Posts Strong Growth
• CHART 102 Croma enhances customer convenience with click-and-collect and mobile checkout
• CHART 103 Company Shares 2025
• CHART 104 Brand Shares 2025
• Economic Context
• CHART 105 Economic Context for Appliances and Electronics Specialists
• CHART 106 Real Gdp Growth 2020-2030
• CHART 107 Inflation 2020-2030
• Consumer Context
• CHART 108 Consumer Context for Appliances and Electronics Specialists
• CHART 109 Population 2020-2030
• CHART 110 Population by Generation 2025
• Country Reports Disclaimer

HEALTH AND BEAUTY SPECIALISTS IN INDIA

• Key Data Insights
• 2025 Developments
• Health and Beauty Specialists in India Sustain Strong Value Growth Driven by Premiumisation and Digital Expansion
• Key Industry Trends
• CHART 111 Key Industry Trends for Health and Beauty Specialists
• Industry Performance
• CHART 112 Nykaa launches fast-delivery Nykaa Now to accelerate e-commerce beauty adoption
• Pharmacies Extends Its Lead as Consumers Seek Preventive Health and Trusted Advice
• Private Label Growth and Brand Innovation Reshape Health and Beauty Assortments
• CHART 113 New age skincare labels redefine beauty and retail in India
• CHART 114 Value Sales 2020-2030
• CHART 115 Value Sales by Category 2025
• What's Next?
• Pharmacies Is Set to Expand Digital Reach to Capture Rising Demand for Preventive Health
• CHART 116 Analyst Insight for Health and Beauty Specialists
• Beauty Specialists Will Use Experiential Shopping and Premiumisation to Accelerate Outlet Expansion
• CHART 117 Forecast Value Sales 2020-2030
• CHART 118 Forecast Value Sales by Category 2025-2030

Competitive Landscape

• Apollo Pharmacy Extends Its Lead through Omnichannel Expansion and Private Label Focus
• CHART 119 Company Shares 2025
• CHART 120 Brand Shares 2025
• Economic Context
• CHART 121 Economic Context for Health and Beauty Specialists
• CHART 122 Real Gdp Growth 2020-2030
• CHART 123 Inflation 2020-2030
• Consumer Context
• CHART 124 Consumer Context for Health and Beauty Specialists
• CHART 125 Population 2020-2030
• CHART 126 Population by Generation 2025
• Country Reports Disclaimer

HOME PRODUCTS SPECIALISTS IN INDIA

• Key Data Insights
• 2025 Developments
• Home Products Specialists in India Sustain Strong Growth Driven by Urban Demand and Category Diversification
• Key Industry Trends
• CHART 127 Key Industry Trends for Home Products Specialists
• Industry Performance
• Private Label Expansion Strengthens Value Positioning and Customer Loyalty in Home Products Specialists
• CHART 128 Home Centre expands its private label home and kitchen ranges
• Retailers Capture Omnichannel Growth by Integrating Online and Offline Strategies
• CHART 129 Ikea India expands its online shopping and click-and-collect services
• CHART 130 Value Sales 2020-2030
• CHART 131 Value Sales by Category 2025
• What's Next?
• Home Products Specialists Are Set to Sustain Strong Growth Driven by Urban Demand, Localisation, and Diy Expansion
• CHART 132 Analyst Insight for Home Products Specialists
• Pet Shops and Superstores Will Accelerate Growth, Driven by Rising Pet Ownership and Subscription-Led Convenience Models
• CHART 133 Forecast Value Sales 2020-2030
• CHART 134 Forecast Value Sales by Category 2025-2030

Competitive Landscape

• Home Products Specialists Remains Highly Fragmented with Stable Competition and Limited Consolidation
• CHART 135 Company Shares 2025
• CHART 136 Brand Shares 2025
• Economic Context
• CHART 137 Economic Context for Home Products Specialists
• CHART 138 Real Gdp Growth 2020-2030
• CHART 139 Inflation 2020-2030
• Consumer Context
• CHART 140 Consumer Context for Home Products Specialists
• CHART 141 Population 2020-2030
• CHART 142 Population by Generation 2025
• Country Reports Disclaimer

DIRECT SELLING IN INDIA

• Key Data Insights
• 2025 Developments
• Direct Selling Sustains Growth Amid Rising Competition and Stable Economic Conditions
• Key Industry Trends
• CHART 143 Key Industry Trends for Direct Selling
• Industry Performance
• CHART 144 Mi Lifestyle Marketing strengthens its digital selling capabilities to expand reach
• Health and Beauty Leads Direct Selling Value While Fashion Drives Fastest Digital-Led Growth
• CHART 145 Value Sales 2020-2030
• CHART 146 Value Sales by Category 2025
• What's Next?
• Hybrid Selling Models Are Set to Drive New Demand as Digital Tools Reshape Engagement
• CHART 147 Analyst Insight for Direct Selling
• Fashion Direct Selling Will Accelerate through Digital-First Strategies and Youth Outreach
• CHART 148 Forecast Value Sales 2020-2030
• CHART 149 Forecast Value Sales by Category 2025-2030

Competitive Landscape

• Herbalife Maintains Its Leadership as Digital-First Players Reshape Competition
• CHART 150 Company Shares 2025
• CHART 151 Brand Shares 2025
• Economic Context
• CHART 152 Economic Context for Direct Selling
• CHART 153 Real Gdp Growth 2020-2030
• CHART 154 Inflation 2020-2030
• Consumer Context
• CHART 155 Consumer Context for Direct Selling
• CHART 156 Population 2020-2030
• CHART 157 Population by Generation 2025
• Country Reports Disclaimer

RETAIL E-COMMERCE IN INDIA

• Key Data Insights
• 2025 Developments
• Retail E-Commerce Growth Accelerates on Strong Fundamentals and Convenience-Driven Demand
• Key Industry Trends
• CHART 158 Key Industry Trends for Retail E-Commerce
• Industry Performance
• CHART 159 Ajio launches Ajio Rush to offer hyperlocal fashion delivery and omnichannel shopping
• Marketplaces Dominate Scale While Grocery E-Commerce Leads Growth Momentum
• Ai-Driven Storefronts and Omnichannel Innovation Redefine Competitive Advantage
• CHART 160 Myntra uses AI-powered tools to personalise fashion shopping
• CHART 161 Value Sales 2020-2030
• CHART 162 Value Sales by Category 2025
• What's Next?
• Quick-Commerce Is Expected to Expand Fulfilment Scope to Capture New Demand
• CHART 163 Analyst Insight for Retail E-Commerce
• Ai-Powered Personalisation Is Set to Reshape Consumer Engagement and Trust
• Economic Growth and Digital Adoption Are Set to Expand Access to Retail E-Commerce
• CHART 164 Forecast Value Sales 2020-2030
• CHART 165 Forecast Value Sales by Category 2025-2030

Competitive Landscape

• Flipkart Defends Leadership as Blinkit and Meesho Capture Share through Convenience
• Meesho and Blinkit Reshape Shopper Behaviour through Value, Speed, and Hyperlocal Convenience
• CHART 166 Company Shares 2025
• CHART 167 Brand Shares 2025
• Economic Context
• CHART 168 Economic Context for Retail E-Commerce
• CHART 169 Real Gdp Growth 2020-2030
• CHART 170 Inflation 2020-2030
• Consumer Context
• CHART 171 Consumer Context for Retail E-Commerce
• CHART 172 Population 2020-2030
• CHART 173 Population by Generation 2025
• Country Reports Disclaimer