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The Report Covers E Commerce Companies in India and the Market is Segmented by B2C E-Commerce (Beauty and Personal Care, Consumer Electronics, Fashion and Apparel, Food and Beverage, Furniture and Home), and B2B E-Commerce.
Owing to the increasing internet user base and favorable market conditions, India has a lot of potential in the e-commerce industry. Growing at an exponential rate, the market value of the e-commerce industry in India was 123 billion U.S dollars in 2024. This number was estimated to reach 300 billion U.S. dollars by 2030.
E-commerce platforms
The competition in the e-commerce business in India is fierce. The market is filled with many local and foreign companies trying to hold the maximum market share. Flipkart and Amazon were the leading ecommerce retailers in the country. Moreover, electronics and apparel are the most popular shopping categories among Indian consumers.
Growing trend of e-commerce
Increasing growth in the e-commerce industry is attributed to a number of reasons. Digitizing the economy and provision of affordable internet are a few of many reasons that boosted the growth of digital sales in India. In 2024, the e-commerce sales across India were estimated to increase by over 19 percent. Consequently, the revenue-generating potential has also increased. The average retail e-commerce revenue collected per user was more than 85 U.S dollars.
The e-commerce market in India is experiencing substantial growth, with the overall market size reaching 116 billion U.S. dollars in 2023. The segment with the highest market size was smartphones, valued at 35 billion U.S. dollars. This underscores the increasing significance of e-commerce in the Indian retail landscape, reflecting a shift in consumer behavior and preferences toward online shopping. E-commerce sector growth The e-commerce industry is experiencing fierce competition due to the presence of domestic and international companies. The e-commerce market size was estimated to be 123 billion U.S. dollars in 2024. This growth is fuelled by the increasing smartphone penetration, internet user base, and other favorable market conditions. Notably, the revenue growth of the e-commerce market has been consistently high, with over 15 percent as of 2024. Direct-to-consumer (D2C) market trends The e-commerce sector in India is witnessing a significant transformation. Especially, the D2C market is rapidly expanding and is expected to reach 100 billion U.S. dollars by 2025. One factor contributing to the D2C boom is the convenience of establishing online stores. Additionally, a great combination of major and mid-sized investors has supported India's D2C initiative. Over two billion U.S. dollars were invested in D2C brands.
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The E-Commerce Market for Lighting Industry is Segmented by Segment (residential, Commercial, Industrial, And Outdoor Lighting) and by Geography (North America [United States, Canada], Asia Pacific [China, India, Japan, And the Rest of Asia-Pacific], Europe, Middle East and Africa, Rest of the World). The Market Sizes and Forecasts are Provided in Terms of Value in USD for all the Above Segments.
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The Market Report Covers India E-Commerce Packaging Companies and is Segmented by Type (Boxes and Protective Packaging) and End-user Industry (Fashion and Apparel, Consumer Electronics, Food and Beverage, and Personal Care Products). The market share and forecasts are provided for all the segments in terms of value.
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The pharmaceutical eCommerce market value is estimated to be US$ 75,527.4 million in 2024. The market is predicted to grow at a CAGR of 14.4% during the forecast period. The market valuation is estimated to reach US$ 290,824.8 million by 2034.
Report Attribute | Details |
---|---|
Pharmaceutical eCommerce Market Size (2024) | US$ 75,527.4 million |
Anticipated Market Value (2034) | US$ 290,824.8 million |
Projected Growth Rate (2024 to 2034) | 14.4% CAGR |
Historical Analysis of the Pharmaceutical eCommerce Market Vs Demand Outlook
Attributes | Details |
---|---|
Pharmaceutical eCommerce Market Value (2019) | US$ 54,772.1 million |
Historical Market Revenue (2023) | US$ 73,315.6 million |
Historical CAGR (2019 to 2023) | 7.6% |
Country-wise Insights
Countries | CAGR (2024 to 2034) |
---|---|
United States | 7% |
Germany | 8% |
United Kingdom | 8.7% |
India | 20.7% |
China | 16% |
Category-wise Insights
Attributes | Details |
---|---|
Top Product Type | Over-the-counter Product |
Market Share in 2024 | 63.7% |
Attributes | Details |
---|---|
Top End User | Consumer or Individuals |
Market Share in 2024 | 29.8% |
Pharmaceutical eCommerce Market Report Scope
Attribute | Details |
---|---|
Estimated Market Size (2024) | US$ 75,527.4 million |
Projected Market Size (2034) | US$ 290,824.8 million |
Anticipated Growth Rate (2024 to 2034) | 14.4% |
Forecast Period | 2024 to 2034 |
Historical Data Available for | 2019 to 2023 |
Market Analysis | US$ million or billion for Value and Units for Volume |
Key Regions Covered | North America, Latin America, Europe, Middle East & Africa (MEA), East Asia, South Asia and Oceania |
Key Segments Covered | By Product Type, By End Use Verticals, and By Region |
Key Companies Profiled |
|
Report Coverage | Market Forecast, Company Share Analysis, Competition Intelligence, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives |
Customization & Pricing | Available upon Request |
The India E-commerce market is valued at USD 24 billion, with strong growth driven by increased internet penetration, the proliferation of smartphones, and supportive government initiatives like the Digital India program and the introduction of the Government e-Marketplace (GeM). Get the more industry growth, segmentation, key players and revenue statistics.
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The Indian Battery E-Commerce Market Report is Segmented by Battery Type (Lead-Acid, Lithium-Ion, and Other Battery Types). The Report Offers the Market Size and Forecast for the Indian Battery E-Commerce Market in Revenue (USD) for all the Above Segments.
The report covers India Social E-Commerce Market, Orders Placed in India Social E-Commerce, India Social Media Platforms.
In 2022, the business-to-consumer (B2C) e-commerce market size stood at 65 billion U.S. dollars in India. The B2C e-commerce market is likely to increase to 380 billion U.S. dollars by 2030. Moreover, branded websites saw a significant growth of over 80 percent in the B2C e-commerce market.
Social commerce
Social media plays a crucial role in day-to-day life due to increased internet penetration and the availability of low-cost data packages. As a result, social media platforms have over 860 million active users. Social commerce has become popular because social media offers brands not only a platform for advertisement but also for sales of products. Therefore, the market size of social commerce in India was estimated to be 18 billion U.S. dollars in 2024. The popular social commerce platforms in the country are Facebook, Instagram, and Snapchat.
Live commerce
The new form of e-commerce deals with the use of digital platforms to sell products and engage with customers through livestream mostly with the help of influencers. Major e-commerce players such as Flipkart, Amazon, and Myntra have incorporated live commerce, with the beauty and personal care segment being the most popular. About 70 percent of Indian consumers are interested in using live commerce while shopping. Besides, the main reason for using live commerce was that consumers can get answers related to the warranty and return of products bought online.
In 2023, the revenue generated by the e-commerce market amounted to about 51 billion U.S. dollars in India. This market witnessed exponential growth, with rising internet penetration and smartphone usage across the country. It is projected that by 2029, the revenue from the e-commerce market will likely surpass 100 billion dollars.
E-commerce in India
The Indian e-commerce sector is anticipated to reach approximately 350 billion U.S. dollars by 2030, with Amazon and Flipkart emerging as the dominant players in this marketplace. Amazon leads in terms of monthly visits, while Flipkart, a domestic e-commerce platform, demonstrated a steady increase in its revenue. These trends are indicative of the digital transformation in the country’s retail sector.
Consumer preference
As the digital buyer base in India is expected to surpass 420 million by 2027, the transition to online shopping presents its own set of challenges. A notable number of Indian consumers still prefer the traditional retail experience, where they can physically inspect products and benefit from the guidance of salespersons. Despite these challenges, the adaptability of the e-commerce sector is paving the way for a more customer-centric retail experience.
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The size of the India E-commerce Market was valued at USD XX Million in 2023 and is projected to reach USD XXX Million by 2032, with an expected CAGR of XXX % during the forecast period. India has recently experienced very fast growth in the e-commerce market, which can be contributed to by rising internet penetration, increasing use of smartphones, and a middle-class population with higher disposable incomes. Consumers are shifting toward online channels for purchasing everything, including electronics, clothing, groceries, and household products. Major e-commerce players that dominate the market include those such as Amazon, Flipkart, and Reliance's JioMart, using competitive pricing, vast inventories, and convenient options for delivery. The growth of online payments, promoted by policies like the Digital India program, has further added value to this trend, making a transaction more secure and thus accessible. In addition, the COVID-19 pandemic accelerated the shift to online shopping as consumers felt safer and more convenient about home delivery. With government promotion of a cashless economy and a young and highly tech-savvy population, the e-commerce market of India is expected to be robust in the future as well.
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E-Commerce Personal Care Products Market is segmented by Product Type (Hair Care, Skin Care, Oral Care, Bath and Shower, and Deodorants and Antiperspirants), Type (Conventional and Natural/Organic), Platform Type (Third Party Retailer and Company Own Website), and Geography (North America, Europe, Asia Pacific, South America, and Middle East and Africa). The report offers market size and values in (USD million) during the forecasted years for the above segments.
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India E-Commerce Market is valued at USD 92.95 Billion in 2023 and is anticipated to reach USD 504.87 Billion by 2031, growing at a CAGR of 21.5% from 2024 to 2031.
Key Market Drivers:
Increasing Internet Penetration: India has the second-largest internet user base globally, with approximately 881 million users as of 2023. This number is projected to exceed 900 million by 2025, significantly expanding the potential customer base for e-commerce platforms, especially in rural areas where internet access is rapidly increasing.
Government Initiatives: Government policies such as the Digital India campaign aim to create a trillion-dollar online economy by 2025. Initiatives like the National Logistics Policy are designed to improve logistics efficiency and reduce costs, facilitating smoother e-commerce operations across the country.
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This dataset provides a comprehensive analysis of the Indian eCommerce market, including market trends, growth drivers, competitive landscape, and future outlook.
Voice Commerce Market Size 2025-2029
The voice commerce market size is forecast to increase by USD 80.21 billion, at a CAGR of 22.7% between 2024 and 2029.
The market is experiencing significant growth, driven by key factors such as enhanced purchasing convenience and the rising adoption of voice-enabled devices. The use of voice technology for shopping offers consumers a more seamless and hands-free experience, making it an attractive option for many. However, data security and privacy concerns remain a challenge for the market, as consumers express apprehension about sharing sensitive information through voice commands. Addressing these concerns through strong security measures and transparent data handling practices will be crucial for the market's continued growth. Overall, the market holds immense potential for innovation and disruption in the retail sector.
What will be the Size of the Voice Commerce Market During the Forecast Period?
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The voice of the market is experiencing significant growth as consumers seek greater convenience and accessibility in their shopping experiences. This emerging trend allows users to interact with e-commerce platforms through voice assistance technology, enabling them to make purchases using smart speakers, virtual digital assistants, and other voice-enabled devices. voice commerce applications span various industries, including travel, hospitality, entertainment, personal care electronics, household supplies, and more.
This innovation is particularly beneficial for individuals with visual impairments, as it offers a time-saving alternative to traditional browsing and purchasing methods. The market is expected to continue expanding, with technological applications in personal care, electronics, household appliances, groceries, arts and crafts, and other sectors poised for significant growth. The market represents a promising avenue for businesses looking to enhance their customer experience and stay competitive in the rapidly evolving e-commerce landscape.
How is this Voice Commerce Industry segmented and which is the largest segment?
The voice commerce industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.
Application
Personal care
Electronics
Household appliances
Groceries
Others
Geography
North America
Canada
US
Europe
Germany
UK
France
Italy
APAC
China
India
Japan
South America
Brazil
Middle East and Africa
By Application Insights
The personal care segment is estimated to witness significant growth during the forecast period. Voice commerce, a burgeoning sector in e-commerce, allows consumers to make purchases using voice commands through various technological applications. Convenience and accessibility are key benefits, enabling users to shop hands-free, saving time, and facilitating transactions on smart speakers, virtual digital assistants, smartphones, and other devices. This market includes e-commerce platforms, innovation hubs, and various industries such as travel, hospitality, entertainment, personal care electronics, household supplies, and more. Voice commerce caters to individuals with visual impairments and physical limitations, enhancing the shopping experience. However, concerns regarding security, data collection, and regulations, as well as trust issues and consumer awareness, may impact market growth. E-commerce infrastructure, digital payment systems, and logistics networks are essential components of this market, driving consumer spending despite economic uncertainty.
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The personal care segment was valued at USD 6.37 billion in 2019 and showed a gradual increase during the forecast period.
Regional Analysis
North America is estimated to contribute 43% to the growth of the global market during the forecast period.Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
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Voice commerce, a technological application of artificial intelligence (AI) and voice assistance, is revolutionizing the shopping experience in the US and Canada. This market is primarily driven by the convenience and accessibility it offers to end-users. The e-commerce sector, including industries such as personal care, electronics, household supplies, and others, is leveraging it to enhance their customer experience and gain a competitive edge. Individual consumers, who are increasingly becoming tech-savvy, are adopting this innovative shopping m
Success.ai’s Ecommerce Store Data for the APAC E-commerce Sector provides a reliable and accurate dataset tailored for businesses aiming to connect with e-commerce professionals and organizations across the Asia-Pacific region. Covering roles and businesses involved in online retail, marketplace management, logistics, and digital commerce, this dataset includes verified business profiles, decision-maker contact details, and actionable insights.
With access to continuously updated, AI-validated data and over 700 million global profiles, Success.ai ensures your outreach, market analysis, and partnership strategies are effective and data-driven. Backed by our Best Price Guarantee, this solution helps you excel in one of the world’s fastest-growing e-commerce markets.
Why Choose Success.ai’s Ecommerce Store Data?
Verified Profiles for Precision Engagement
Comprehensive Coverage of the APAC E-commerce Sector
Continuously Updated Datasets
Ethical and Compliant
Data Highlights:
Key Features of the Dataset:
Comprehensive E-commerce Business Profiles
Advanced Filters for Precision Campaigns
Regional and Sector-specific Insights
AI-Driven Enrichment
Strategic Use Cases:
Marketing Campaigns and Outreach
Partnership Development and Vendor Collaboration
Market Research and Competitive Analysis
Recruitment and Talent Acquisition
Why Choose Success.ai?
Best Price Guarantee
Seamless Integration
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In India, the estimated sales amount across various store categories provides key insights into the market's dynamics. Gifts & Special Events, as a prominent category, generates significant sales, totaling $745.32B, which is 67.07% of the region's total sales in this sector. Home & Garden follows with robust sales figures, achieving $210.96B in sales and comprising 18.98% of the region's total. Beauty & Fitness contributes a considerable amount to the regional market, with sales of $66.50B, accounting for 5.98% of the total sales in India. This breakdown highlights the varying economic impacts of different categories within the region, showcasing the diversity and strengths of each sector.
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According to Cognitive Market Research, the global cross-border e-commerce market size is USD 791542.2 million in 2024 and will expand at a compound annual growth rate (CAGR) of 30.50% from 2024 to 2031.
North America held the major market of more than 40%of the global revenue with a market size of USD 316616.88million in 2024 and will grow at a compound annual growth rate (CAGR) of 28.7%from 2024 to 2031.
Europe accounted for a share of over 30% of the global market size of USD 237462.66million.
Asia Pacific held the market of around 23% of the global revenue with a market size of USD 182054.71million in 2024 and will grow at a compound annual growth rate (CAGR) of 32.5%from 2024 to 2031.
Latin America's market will have more than 5% of the global revenue with a market size of USD 39577.11million in 2024 and will grow at a compound annual growth rate (CAGR) of 29.9%from 2024 to 2031.
Middle East and Africa are the major markets of around 2% of the global revenue with a market size of USD 15830.84 million in 2024 and will grow at a compound annual growth rate (CAGR) of 30.2%from 2024 to 2031.
The Credit/Debit Cards held the highest Cross border E commerce market revenue share in 2024.
Key Drivers of Cross border E commerce Market
Increasing Internet Penetration and Smartphone Adoption to Increase the Demand Globally
One of the key drivers in the cross-border e-commerce market is the increasing internet penetration and smartphone adoption worldwide. As more people gain access to the internet and smartphones, the potential customer base for online shopping expands, leading to a surge in cross-border e-commerce activities. The convenience of shopping online from international retailers, coupled with the availability of a wide range of products and competitive prices, has fueled the growth of cross-border e-commerce. Moreover, the ease of payment through digital wallets and online payment platforms has further facilitated cross-border transactions. This trend is expected to continue as internet infrastructure improves and smartphone technology becomes more affordable, driving the growth of cross-border e-commerce.
Growing Preference for Global Brands and Product Variety to Propel Market Growth
Another key driver in the cross-border e-commerce market is the growing preference among consumers for global brands and a wider variety of products. Cross-border e-commerce allows consumers to access products that may not be available in their local markets, giving them access to a broader selection of goods from around the world. This has led to an increase in demand for international brands and niche products that cater to specific interests and preferences. Additionally, cross-border e-commerce offers consumers the opportunity to compare prices and quality across different markets, empowering them to make informed purchasing decisions. As a result, retailers are increasingly focusing on expanding their product offerings and improving the shopping experience for cross-border shoppers, driving the growth of cross-border e-commerce.
Restraint Factors Of Cross border E commerce Market
Complex Regulatory Environment to Limit the Sales
One of the key restraints in the cross-border e-commerce market is the complex regulatory environment governing international trade and e-commerce. Different countries have varying regulations and policies regarding taxes, customs duties, import/export restrictions, and consumer protection laws, which can create barriers for cross-border e-commerce businesses. Adhering to these regulations can be challenging for e-commerce companies, especially smaller businesses that may not have the resources to navigate the complexities of international trade laws. This can result in delays, additional costs, and legal issues, limiting the growth of cross-border e-commerce.
Impact of Covid-19 on the Cross border E-commerce market
The Covid-19 pandemic has had a significant impact on the cross-border e-commerce market. With lockdowns and restrictions on movement imposed worldwide, consumers increasingly turned to online shopping for their needs. This surge in online shopping resulted in a spike in cross-border e-commerce as consumers sought products not available in their local markets or looked for better deals abroad. However, the pandemic also brought challenges such as disruptions in supply chains, logistics...
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This chart offers an insightful look at the store count by category in India. Leading the way is Apparel, with 50.34K stores, which is 21.29% of the total stores in the region. Next is Home & Garden, contributing 27.8K stores, or 11.75% of the region's total. Food & Drink also has a notable presence, with 19.69K stores, making up 8.33% of the store count in India. This breakdown provides a clear picture of the diverse retail landscape in India, showcasing the variety and scale of stores across different categories.
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The Report Covers E Commerce Companies in India and the Market is Segmented by B2C E-Commerce (Beauty and Personal Care, Consumer Electronics, Fashion and Apparel, Food and Beverage, Furniture and Home), and B2B E-Commerce.