Retail 2025: India Retail Predictions

Published – December 2024

Our annual report on the India retail market—part of our Retail 2025 series of outlook reports—details six predictions around trends that Coresight Research expects to transform retail in the country throughout 2025. From quick commerce and new brick-and-mortar developments to the luxury sector and GenAI (generative artificial intelligence), discover the trends you need to stay on top of in Indian commerce.

Data in this research report include:

• Size of the Indian e-commerce market and year-over-year growth, 2024
• Size of the Indian quick-commerce market and year-over-year growth, 2020–2025E
• Survey data on the share of online grocery buyers in India who are moving purchases from kiranas to quick-commerce marketplaces
• Estimated luxury sales growth for India for 2025

Introduction

Six Predictions for India Retail in 2025: Coresight Research Analysis

1. Quick Commerce Will Expand to Tier 2 and 3 Cities
2. Quick-Commerce Race To Intensify Due to the Entry of New Players
3. Kirana Stores Must Adapt Digitally to Survive the Quick-Commerce Onslaught
4. Retailers and Mall Developers Will Expand to Tier 2+ Cities
5. Brands and Retailers Will Leverage GenAI for Content Creation, Personalization and Conversational Commerce
6. India Will Fuel Global Luxury Growth

What We Think

• Implications for Quick-Commerce Companies
• Implications for Brands and Retailers
• Implications for Real Estate Companies
• Implications for Technology Vendors

Notes

8-page PDF report

Amazon, Flipkart, Nestlé India, Reliance Retail, Swiggy, Zepto, Zomato

• India Quick-Commerce Market: Total Gross Merchandise Value and YoY Growth