Deep Dive 26 minutes PremiumRetail 2023: 10 Trends in India Retail Coresight Research December 14, 2022 Table of ContentsIntroduction Market Scale and Opportunity 10 Trends in India Retail: Coresight Research Analysis Lower-Tier Cities and Consumers Are the Next Frontier of Retail Growth Companies Across Various Retail Sectors Will Launch Experiential Retail Offerings Social Activities and Hybrid Work Will Drive Apparel Growth Consumers Will Leverage Online Shopping Events for Big-Ticket Purchases Large Conglomerates Will Lead Retail Consolidation Private Labels Will Continue To Gain Market Share Consumers Will Adopt Hybrid Shopping Patterns Companies Will Increasingly Turn to Influencers for Marketing Campaigns E-Commerce Will Witness Democratization as Government-Backed Offline Players Join the Space Physical Stores Will Increasingly Utilize Digital Elements and Emerging Technologies What We Think What's InsideWe present 10 trends that will influence India’s retail sector in 2023 and beyond, helping brands and retailers capitalize on key opportunities in the sector. This report is part of our Retail 2023 series of outlook reports, offering directional outlooks, headwinds and tailwinds, and themes to watch for 2023 and beyond in global retail. Data in this report include: Overall consumer spending in India and its year-over-year change Apparel spending in India and its year-over-year change The amount of new retail space opened by various Indian companies since fiscal 2018 How much India’s festival season (October) generated in sales in 2022 The number of weddings taking place during India’s current wedding season and its value to overall apparel spending Companies mentioned in this report include: Adidas, Amazon, Reliance Retail, Tata Group and Walmart Other relevant research: Market Outlook: India Retail—On the Path to $1 Trillion, Supported by Demographics and Digital Market Outlook: Grocery Retail in India—Growth Led by Convenience and Wellness India Retail Insights: The Open Network for Digital Commerce—Supporting Small Sellers and Curbing Digital Monopolies More Coresight Research coverage of India retail This report is for Premium subscribers only. Learn more about subscriptions here.If you are a Premium subscriber, please log in. Other research you may be interested in:
