Consumer spending across India amounted to 27.2 trillion rupees by the end of the first quarter of 2025. It reached an all-time high during the fourth quarter of 2024, with a value of 28.4 trillion rupees. What is consumer spending? Consumer spending refers to the total money spent on final goods and services by individuals and households in an economy. It is an important metric that directly impacts the GDP of a country. Items that qualify as consumer spending include durable and nondurable goods and services. Various factors such as debt held by consumers, wages, supply and demand, taxes, and government-based economic stimulus can impact consumer spending in a country. Positive consumer outlook in India India’s consumer spending reflects a positive outlook with renewed consumer confidence post-COVID. Its consumer market is set to become one of the largest in the world as the number of middle- to high-income households rises with increasing amounts of disposable incomes. The country’s young demographic is also considered a driving force for increased consumer spending.

Consumer Confidence in India increased to 96.50 points in July from 95.40 points in May of 2025. This dataset provides - India Consumer Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Consumer Spending in India decreased to 27167.23 INR Billion in the second quarter of 2025 from 27200.39 INR Billion in the first quarter of 2025. This dataset provides - India Consumer Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Market Size and Growth: The Indian consumer management market was valued at USD XX million in 2023 and is projected to reach USD XX million by 2029, exhibiting a CAGR of XX% during the forecast period (2023-2029). This growth is attributed to factors such as rising disposable incomes, changing lifestyles, and increasing urbanization. With a large and growing population, India presents a vast market for consumer management products and services. Key Trends and Drivers: The Indian consumer management market is driven by several key trends, including:

Increasing Consumer Awareness: Consumers are becoming more aware of their rights and the importance of managing their finances effectively. Emergence of Digital Technologies: Digital platforms and mobile applications have made it easier for consumers to manage their finances and make informed decisions. Growing Financial Literacy: Initiatives by the government and financial institutions are improving the financial literacy of consumers, leading to better financial management practices. Rising Credit Availability: Banks and financial institutions are offering a wider range of credit options, making it easier for consumers to access capital.

This report provides comprehensive insights into the india consumer management market, covering key trends, market dynamics, and future growth prospects. The report segments the market based on Application, Types, and industry developments, and provides detailed analysis of each segment. Additionally, it includes company profiles of leading players in the market.

Market Size for India Consumer Electronics Market on the Basis of Revenue in INR Crores, FY’2018-FY’2024 In 2023, Xiaomi launched a new series of smart televisions with integrated AI-based voice assistance to enhance the user experience. This initiative aims to tap into the growing market for smart home devices and offer consumers an integrated entertainment solution. Key regions such as Maharashtra and Delhi NCR are the largest contributors due to their high population density, robust retail infrastructure, and growing technology adoption. The India consumer electronics market reached a valuation of INR 7.5 Trillion in 2023, driven by the increasing demand for smartphones, televisions, and home appliances. The growth is attributed to the rising disposable incomes, increased urbanization, and the proliferation of digital platforms. The market is characterized by major players such as Samsung, LG, Xiaomi, Sony, and Panasonic, which have a strong presence and extensive distribution networks across the country. These companies are recognized for their innovative product offerings, diverse portfolios, and customer-centric services.

According to a survey by Rakuten Insight on sustainable consumption in India conducted in December 2023, the ******** of consumers stated that they were willing to pay more for products that are sustainably produced or environmentally friendly. On the other hand, ** percent of respondents were not willing to pay more for sustainably produced products.

According to a survey conducted in August 2022, awareness among Indian consumers on health and sustainability had increased during the COVID-19 pandemic. About ** percent of the respondents were willing to switch to more sustainable and environmental friendly brands, while ** percent were ready to pay the additional premium on sustainable brands.

Consumer Confidence Survey: RBI: Future Expectations Index data was reported at 122.350 Unit in Mar 2025. This records an increase from the previous number of 120.744 Unit for Jan 2025. Consumer Confidence Survey: RBI: Future Expectations Index data is updated monthly, averaging 118.600 Unit from Dec 2010 (Median) to Mar 2025, with 75 observations. The data reached an all-time high of 133.400 Unit in Mar 2019 and a record low of 87.700 Unit in Sep 2013. Consumer Confidence Survey: RBI: Future Expectations Index data remains active status in CEIC and is reported by Reserve Bank of India. The data is categorized under India Premium Database’s Domestic Trade and Household Survey – Table IN.HA001: Consumer Confidence Survey: Reserve Bank of India. [COVID-19-IMPACT]

India Consumer Confidence Survey: RBI: Consumer Spending: Non Essential: One Year Ahead: Decrease data was reported at 24.630 % in Mar 2025. This records a decrease from the previous number of 26.480 % for Jan 2025. India Consumer Confidence Survey: RBI: Consumer Spending: Non Essential: One Year Ahead: Decrease data is updated monthly, averaging 26.550 % from Sep 2015 (Median) to Mar 2025, with 56 observations. The data reached an all-time high of 39.900 % in Jul 2020 and a record low of 8.470 % in Nov 2017. India Consumer Confidence Survey: RBI: Consumer Spending: Non Essential: One Year Ahead: Decrease data remains active status in CEIC and is reported by Reserve Bank of India. The data is categorized under India Premium Database’s Domestic Trade and Household Survey – Table IN.HA006: Consumer Confidence Survey: Reserve Bank of India: Consumer Spending: Non Essential.

Unlock data-backed intelligence on India Consumer Electronics Market, size at USD 75 billion in 2023, featuring industry trends and strategic insights.

According to a survey conducted by Deloitte in August 2022, ** percent of Indian consumers were concerned about inflation in the retail industry. In comparison, ** percent of respondents spent more on product purchase than on experiences.

Some of the recent competitor trends and key information about competitors include: The India consumer appliances market is highly competitive, with a mix of global and domestic players striving to capture market share. Leading companies such as LG Electronics, Samsung, Whirlpool, Godrej, and Haier dominate the market, offering a wide range of products and leveraging strong distribution networks. However, the entrance of new brands and the rapid growth of e-commerce platforms have diversified the market, providing consumers with more choices and competitive pricing. Competitive Landscape in India Consumer Appliances Market

India Consumer Electronics Market Segmentation What are the Regulations and Initiatives which have Governed the Market? Which Industry Challenges Have Impacted the Growth of India Consumer Electronics Market?

Future Outlook and Projections for India Consumer Appliances Market on the Basis of Revenues in USD Billion, 2024-2029 The India consumer appliances market is expected to experience steady growth by 2029, with a robust CAGR driven by increasing disposable incomes, rapid urbanization, and rising consumer preference for smart and energy-efficient appliances. What Lies Ahead for India Consumer Appliances Market?

Graph and download economic data for Prices: Consumer Price Index for India (INDPCPIPCPPPT) from 1990 to 2029 about consumer prices, India, consumer, rate, and indexes.

Some of the recent competitor trends and key information about competitors include: The India consumer electronics market is highly competitive, with a diverse mix of multinational corporations and domestic players vying for market share. Companies like Samsung, LG, Xiaomi, Sony, and Panasonic dominate the organized sector, while local brands such as Micromax and Onida are prominent in the budget segment. The rise of online platforms like Amazon and Flipkart, along with exclusive brand stores and multi-brand outlets, has diversified the market, offering consumers a wide range of choices and services. Competitive Landscape in India Consumer Electronics Market

The size of the India Consumer Electronics Market was valued at USD 77.19 billion in 2023 and is projected to reach USD 122.34 billion by 2032, with an expected CAGR of 6.8 % during the forecast period. Consumer electronics refer to electronic devices or gadgets that are designed for personal use by individuals, typically to improve their daily lives through entertainment, communication, convenience, and productivity. These products are widely available in retail markets and have become an integral part of modern living. Consumer electronics span a wide range of devices, from home entertainment systems to portable gadgets, and are usually characterized by their ease of use, accessibility, and ability to simplify complex tasks. This growth is primarily driven by an increasing demand for advanced consumer electronics devices such as smartphones, TVs, refrigerators, and washing machines. The market is also witnessing a surge in online sales, further contributing to its growth. Consumer electronics continue to evolve, providing users with more advanced, integrated, and user-friendly devices that enhance everyday life. From communication and entertainment to health and home automation, these products play a central role in shaping modern lifestyles. With continuous innovation, consumer electronics are set to further revolutionize the way we live, work, and interact with technology.

The India Direct-To-Consumer Logistics Market Report is Segmented by Service Type (Transportation, Warehousing and Storage, and Value-Added Services), End User (Fashion & Lifestyle, Consumer Electronics, FMCG, Home & Decor, and Others), Delivery Speed (Same-Day, Next-Day, and Standard), Distribution Channel (Online and Offline). The Market Forecasts are Provided in Terms of Value (USD).

According to a survey conducted in June 2022 in India, ** percent of urban respondents cut their expenses on clothes and accessories as the cost of living increased. Other major cost-cutting options among consumers are hobbies, leisure activities, and fuel spending.

India Consumer Confidence: Investment Index data was reported at 71.497 Index in Jan 2023. This records an increase from the previous number of 70.741 Index for Dec 2022. India Consumer Confidence: Investment Index data is updated monthly, averaging 61.506 Index from Mar 2010 (Median) to Jan 2023, with 155 observations. The data reached an all-time high of 69.504 Index in Nov 2010 and a record low of 37.722 Index in Jul 2020. India Consumer Confidence: Investment Index data remains active status in CEIC and is reported by Ipsos Group S.A.. The data is categorized under Global Database’s India – Table IN.IPSOS: Consumer Confidence Survey.