We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept All”, you consent to the use of ALL the cookies. However, you may visit "Cookie Settings" to provide a controlled consent.
Customize Consent Preferences
We use cookies to help you navigate efficiently and perform certain functions. You will find detailed information about all cookies under each consent category below.
The cookies that are categorized as "Necessary" are stored on your browser as they are essential for enabling the basic functionalities of the site....
Always Active
Necessary cookies are required to enable the basic features of this site, such as providing secure log-in or adjusting your consent preferences. These cookies do not store any personally identifiable data.
Functional cookies help perform certain functionalities like sharing the content of the website on social media platforms, collecting feedback, and other third-party features.
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics such as the number of visitors, bounce rate, traffic source, etc.
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Advertisement cookies are used to provide visitors with customized advertisements based on the pages you visited previously and to analyze the effectiveness of the ad campaigns.
The Coresight Research Retail 2024 series of reports looks ahead to the prospects for retail in 2024, exploring key trends by geography (namely, the US, the UK, China and India) and sector. We will also discuss trends in healthcare and technology.
In this report, we present 10 trends that will influence India’s retail sector in 2024 and beyond, helping brands and retailers capitalize on key opportunities amid the highly fragmented and rapidly changing sector.
Data in this research report include:
GMV of e-commerce sales during the Indian festive season (October and November) and year-over-year growth, 2019–2023E
The number of Indian millionaires expected by 2026
The share of Indian consumers that engaged in metaverse-related activities in the past six months
Survey data on the reasons companies in India are deploying new technologies and the premium Indian consumers are willing to spend on sustainable products
Introduction
10 Trends in Global Retail: Coresight Research Analysis
Retailers and Mall Developers Will Expand to Tier 2+ Cities
Large Conglomerates Will Lead Retail Consolidation
Online Sales and Shopping Events Will Occur Throughout the Year
Brands and Retailers Will Leverage GenAI for Personalization
Sustainability Will Drive Customer Retention and Loyalty
Immersive Technologies Will Augment the Shopping Experience
India Will Fuel Global Luxury Growth
Video Commerce and Influencer Marketing Will Strengthen Brands and E-Commerce Platforms’ Growth
E-Commerce Penetration Will Extend Beyond Tier 3 Cities
Private Label Competition Will Intensify
What We Think
Notes
7-page PDF report
Amazon, Balenciaga SA, Chumbak, Flipkart, Galeries Lafayette, GOAT Brand Labs, Jack & Jones, Reliance Retail
10 Trends in India Retail
India: GMV of E-Commerce Sales During the Festive Season (Left Axis; USD Bil.) and YoY Growth (Right Axis; %)
India: Top Three Reasons for Deploying New Technologies (% of Respondents)
Indian Consumers: Percentage Above Average Price Consumers Are Willing to Pay for a Sustainable Product (% of Respondents)
How Livestreaming Can Help E-Commerce Shoppers (% of Respondents)
