Insight ReportRetail Opportunities in India and China: What Drives the Key Differences Between Local Consumers Coresight Research December 30, 2018 Executive SummaryIndia and China two are of the world’s largest economies, but China’s economy has strength in many areas India’s does not. We examine some of these in this report. China’s retail market dwarfs India’s significantly: In 2017, India’s retail sector was worth $672 billion, while China’s was $5.8 trillion. India’s luxury market was worth $30 billion, or 4% of India’s total retail market, while China’s was $1.4 trillion, or 23% of the total market, in 2017. India ranks lower, at 100, on the World Bank’s ease of doing business index. China ranks 78. Just 34% of India’s population is urban, compared to 60% of China’s. The reason for many of the discrepancies are due to difference in culture, political structure and planning mechanisms. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in: Three Data Points We’re Watching This Week UK Store Openings and Closures—2024 Review and 2025 OutlookSentiment Hits Four-Month Low as Higher-Income Confidence Weakens; Plus, Mass Merchandisers and Warehouse Clubs in Focus: US Consumer Survey InsightsConsumer Sentiment Climbs from July Trough, as Tariff Truce Extended: China Consumer Survey InsightsHoliday Bites: GLP-1 Disruption with Smaller Baskets, Smaller Sizes—and a Leaner Thanksgiving?—Data Graphic
