In 2024, the revenue generated by the e-commerce market in India totaled approximately to over ** billion U.S. dollars. This market experienced exponential growth, driven by increasing internet penetration and smartphone usage nationwide. It is projected that by 2029, the revenue from the e-commerce market will likely surpass ** billion dollars. E-commerce in India The Indian e-commerce sector is anticipated to reach approximately *** 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 *** 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.

By 2019, the business-to-consumer market value has grown to **** billion U.S. dollars in India. Compared to 2017 the market value has increased by more than ** billion U.S. dollars. This demarks the rapid growth of the e-commerce sector.

The number of users in the 'Apparel' segment of the fashion e-commerce market in India was modeled to stand at ************* users in 2024. Following a continuous upward trend, the number of users has risen by ************* users since 2017. Between 2024 and 2029, the number of users will rise by ************* users, continuing its consistent upward trajectory.Further information about the methodology, more market segments, and metrics can be found on the dedicated Market Insights page on Apparel.

The number of users in the fashion e-commerce market in India was modeled to stand at ************* users in 2024. Following a continuous upward trend, the number of users has risen by ************** users since 2017. Between 2024 and 2029, the number of users will rise by ************* users, continuing its consistent upward trajectory.Further information about the methodology, more market segments, and metrics can be found on the dedicated Market Insights page on Fashion.

The report covers Indian E-commerce Market Top Players, Indian E-commerce Market Challenges, Indian E-commerce Market Opportunities, Indian E-commerce Market Analysis.

The growth rate of the business-to-customer e-commerce market in India was at ** percent in 2019. This shows that the growth of the business-to-customer e-commerce market, which was at ** percent in 2017 has slowed down but overall growth remains high.

Online shopping sales across India amounted to around ** billion U.S. dollars in 2021. The e-commerce market is likely to grow to over *** billion U.S. dollars by 2025. The e-commerce market in India is the fastest-growing market in the world. Online retail segments In fiscal year 2017, the retail market was led by electronics with a penetration rate of about ** percent. However, in terms of groceries, local offline vendors or kiranas continued to be the preferred choice for daily groceries due the ease of bargaining and benefitting from the ‘old-customer’ designation with extra rations as a gesture from the vendor. Nevertheless, the number of online shoppers in the country was estimated to increase to over *** million in 2025, up from around ** million in 2017. Impact of COVID-19 on the marketThe coronavirus outbreak in March 2020 caused a surge in prices across e-commerce platforms. Panic purchasing resulted in the shortage of sanitary and food items online as well as in physical stores across the country. As the online consumption continued to increase, unscrupulous sellers jacked up the prices on certain items. Amazon and Flipkart, the two e-commerce market leaders in India urged sellers and even blocked certain products to exercise responsible pricing. Manufacturers increased production in order to keep up with the supply of fast-moving items. With the uncertainty surrounding the impact of COVID-19, manufacturers and retailers will presumably have to work in unison to keep track of an unprecedented demand and supply scenario.

The number of users in the food e-commerce market in India was modeled to stand at ************* users in 2024. Following a continuous upward trend, the number of users has risen by ************** users since 2017. Between 2024 and 2029, the number of users will rise by ************* users, continuing its consistent upward trajectory.Further information about the methodology, more market segments, and metrics can be found on the dedicated Market Insights page on Food.

The revenue in the food e-commerce market in India was modeled to amount to ************* U.S. dollars in 2024. Following a continuous upward trend, the revenue has risen by ************* U.S. dollars since 2017. Between 2024 and 2029, the revenue will rise by ************* U.S. dollars, continuing its consistent upward trajectory.Further information about the methodology, more market segments, and metrics can be found on the dedicated Market Insights page on Food.

The revenue in the 'Household Appliances' segment of the electronics e-commerce market in India was modeled to stand at ************ U.S. dollars in 2024. Following a continuous upward trend, the revenue has risen by ************ U.S. dollars since 2017. Between 2024 and 2029, the revenue will rise by *********** U.S. dollars, continuing its consistent upward trajectory.Further information about the methodology, more market segments, and metrics can be found on the dedicated Market Insights page on Household Appliances.

The revenue in the furniture e-commerce market in India was modeled to be ************ U.S. dollars in 2024. Between 2017 and 2024, the revenue rose by ************ U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend. The revenue will steadily rise by ************ U.S. dollars over the period from 2024 to 2029, reflecting a clear upward trend.Further information about the methodology, more market segments, and metrics can be found on the dedicated Market Insights page on Furniture.

The India Urea Market size was valued at USD 128 Million in 2023 and is projected to reach USD 223 Million by 2032, exhibiting a CAGR of 6.70 % during the forecasts periods. Recent developments include: November 2019: IFFCO Launches its Nano Technology based Products nano nitrogen, nano zinc and nano copper for on- field trials as part of its efforts to cut the requirement of chemical fertilisers and boost farmers' income.July 2017: The e-commerce division of IFFCO integrated with SBI YONO Krishi, a dedicated portal that caters to the needs of farmers. This partnership will provide hassle-free access to a wide range of agricultural products for lakhs of Indian farmers. The combination of the quality products of IFFCO and the easy payment portal of SBI YONO aims to boost digital sales in this segment.. Key drivers for this market are: Need for Custom Product Development, Use of CROs for Regulatory Services. Potential restraints include: Data and Cyber Security Concerns, Lack of Experts and Professionals in this Industry. Notable trends are: OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT.

Snapshot img { margin: 10px !important; } Global mobile wallet market overview

Market research analysts at Technavio predict that the global mobile wallet market size and share will grow steadily during the next four years and post an impressive CAGR of more than 35% by 2021. This market research analysis identifies the increased use of m-commerce as one of the primary factors for the phone wallet market. The constantly rising number of smartphones across the globe and high internet penetration have resulted in the increased popularity of m-commerce among consumers. In addition to offering easy access to a variety of products even from remote locations, m-commerce also offers flexibility and easy payment services to customers. This enhances the brand recall value and benefits for vendors in the long-term. As a result, there will be an increased adoption of mobile phone wallets among m-commerce companies, which will drive the mobile wallet market growth in the coming years.

This market research and analysis estimates that in terms of geographical regions, APAC will be the major revenue contributor to the market by the end of the forecast period. Though EMEA currently accounts for the major market shares, factors such as the increasing penetration of smartphones and mobile internet, the rise in usage of mobile devices in developed countries such as Australia, Hong Kong, and Singapore, and the increased adoption of mobile wallet technology in the developing countries such as India and China will augment the market’s growth prospects in this region.

Competitive landscape and key vendors

The market is marked by the presence of a number of international and regional players and is highly competitive, according to the mobile wallet market report by Technavio. The growth of mobile wallet companies mainly depends on the variety of services they provide. Service differentiation, product portfolio, and pricing are some of the other factors that vendors mainly compete on. The increasing usage of mobile wallets for shopping will intensify the market’s competitive environment. Furthermore, analysts predict that the international players will grow inorganically during the predicted period by acquiring small players. To survive the competition and establish their presence in the market, mobile payment companies have the need to distinguish their product and service offerings through clear and unique value propositions.

The leading vendors in the market are -

Alibaba Group
Apple
Citrus Payment Solutions
Google
MasterCard
Oxigen Services
PayPal Holdings
Samsung Electronics
Visa

The other prominent vendors in the market are Airtel, American Express, Bank of America, Dwolla, LevelUp, LivQuik, Merchant Customer Exchange, MobiKwik, M-Pesa, Square, Venmo, Y-cash Software Solutions, and ZipCash.

Segmentation by application and the mobile wallet market analysis

Retail stores
Transportation
Grocery stores
Restaurants
Vending machines

During 2016, the retail stores segment accounted for the major shares and dominated this market, as per the mobile wallet statistic report The adoption of cashless payments using mobile wallets reduces the operational cost for retailers and increases their revenue. Additionally, mobile wallets have much lower processing fee than card-based transactions and also enable retail stores to easily track and analyze consumer data. As a result, this segment will witness an increased adoption of mobile wallets in the coming years as well.

Segmentation by industry and the mobile wallet market analysis

Entertainment
Travel and leisure
Banking
Retail

According to this market research report, the retail segment accounted for the major shares and dominated the market during 2016. The growing popularity of m-commerce that results in an increase in the digital purchase of various goods will drive the growth prospects of the market as mobile wallets are quicker and more efficient during online payments.

Key questions answered in the report include

What will the mobile wallet market worth, size and the growth rate be in 2021?
What are the key factors driving the global mobile wallet market?
What are the key mobile wallet market trends impacting the industry growth?
What are the challenges to the mobile wallet market growth?
Who are the key vendors in the global mobile wallet market?
What are the mobile wallet market opportunities and threats faced by the vendors?
Trending factors influencing the mobile wallet market shares of the Americas, APAC, and EMEA.
What are the key outcomes of the five forces analysis of the global mobile wallet market?

Technavio also offers customization on reports based on specific client requirement.

Related reports

Global E-commerce Payment Market 2016-2020
Global Mobile Coupons Market 2016-2020
Global Mobile Payment Security Software Market 2016-2020

The number of users in the 'Footwear' segment of the fashion e-commerce market in India was modeled to stand at ************** users in 2024. Following a continuous upward trend, the number of users has risen by ************** users since 2017. Between 2024 and 2029, the number of users will rise by ************* users, continuing its consistent upward trajectory.Further information about the methodology, more market segments, and metrics can be found on the dedicated Market Insights page on Footwear.

Snapshot img { margin: 10px !important; } Below are some of the key highlights of the global anti-counterfeiting packaging market analysis

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Global Anti-Counterfeiting Packaging Industry Overview

Technavio’s analysts have identified the booming e-commerce industry as one of the key factors impelling the market’s growth in the forthcoming years. The penetration rate of e-commerce across the developed markets including the US is projected to surpass 70% by 2022. Furthermore, the overall retail e-commerce market is also expected to reach more than USD 3.5 trillion by 2020. With the growing e-commerce industry, the sale of counterfeit products has surged considerably in recent years. Furthermore, manufacturers have also been increasingly complaining the e-commerce companies are allegedly selling counterfeit products under the original brand name. For instance, in December 2017, SKECHERS, a US lifestyle and footwear brand filed a case in India against the e-commerce giant, Flipkart. In addition, many consumers have also raised complaints about receiving counterfeit products including sporting goods, shoes, and fashion apparels from e-commerce companies. Consequently, with such rising incidences of sales of counterfeit products through online retail channels, the need for anti-counterfeiting packaging is expected to increase considerably in the next few years.

In February 2015, the London Police suspended more than 2,000 websites that were selling fake luxury goods of brands such as Abercrombie, Burberry, Oakley, Longchamp, and Tiffany & Co. Many of the products had an inferior quality that could pose health hazards. These instances will increase the demand for anti-counterfeit packaging across the globe, in turn, resulting in the growth of the market throughout the predicted period, says a senior research analyst at Technavio for the packaging industry.

Companies covered

The anti-counterfeiting packaging market is fragmented owing to the presence of various anti-counterfeiting packaging solution providers leveraging advanced technologies to offer advanced anti-counterfeiting solutions catering to the evolving demands from the end-users. By offering a complete analysis of the market’s competitive landscape and with information on the products offered by the companies, this anti-counterfeiting packaging industry analysis report will aid clients in identifying new growth avenues and design innovative strategies for gaining a competitive advantage in the market.

The report offers a complete analysis of various companies including:

Alien Technology
AlpVision
Avery Dennison
SICPA
Zebra Technologies

Anti-counterfeiting packaging market growth based on geographic regions

Americas
APAC
EMEA

With a complete study of the growth opportunities for the companies across regions such as the Americas, APAC, and EMEA, our industry research analysts have estimated that countries in the Americas will contribute to the highest growth of this market throughout the predicted period.

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Anti-counterfeiting packaging market growth based on applications

Consumer goods
Healthcare products

According to our market research experts, the consumer goods segment will account for the highest growth in the market. Additionally, the report also provides an accurate prediction of the contribution of the various application segments to the growth of the anti-counterfeit packaging market size.

Key highlights of the global anti-counterfeiting packaging market for the forecast years 2018-2022:

CAGR of the market during the forecast period 2018-2022
Detailed information on factors that will accelerate the growth of the anti-counterfeiting packaging market during the next five years
Precise estimation of the global anti-counterfeiting packaging market size and its contribution to the parent market
Accurate predictions on upcoming trends and changes in consumer behavior
Growth of the anti-counterfeiting packaging industry across various geographies such as the Americas, APAC, and EMEA
A thorough analysis of the market’s competitive landscape and detailed information on several vendors
Comprehensive information about factors that will challenge the growth of anti-counterfeiting packaging companies

Want to dial in on a specific region or segment? We can help! Our analysts can customize this market research report to meet your requirements. Get in touch

The e-commerce average revenue per user was about *** U.S. dollars in India. The average revenue is forecast to increase to over *** U.S. dollars per user. Moreover, the food segment had the highest revenue per user in the e-commerce market.

The number of users in the furniture e-commerce market in India was modeled to be ************** users in 2024. Following a continuous upward trend, the number of users has risen by ************* users since 2017. Between 2024 and 2029, the number of users will rise by ************* users, continuing its consistent upward trajectory.Further information about the methodology, more market segments, and metrics can be found on the dedicated Market Insights page on Furniture.

The number of users in the 'Personal Care' segment of the beauty & personal care e-commerce market in India was modeled to amount to ************** users in 2024. Following a continuous upward trend, the number of users has risen by ************** users since 2017. Between 2024 and 2029, the number of users will rise by ************* users, continuing its consistent upward trajectory.Further information about the methodology, more market segments, and metrics can be found on the dedicated Market Insights page on Personal Care.

In 2017, the market share of e-commerce logistics was the highest among metro cities with a share of ** percent. Close by are the tier-2 and below cities with a share of close to ** percent. The smallest market share in the e commerce logistics market is by the tier-1 cities.

The number of users in the otc pharmaceuticals e-commerce market in India was modeled to amount to ************* users in 2024. Following a continuous upward trend, the number of users has risen by ************* users since 2017. Between 2024 and 2029, the number of users will rise by ************* users, continuing its consistent upward trajectory.Further information about the methodology, more market segments, and metrics can be found on the dedicated Market Insights page on OTC Pharmaceuticals.