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 125 billion U.S dollars in 2024. This number was estimated to reach 550 billion U.S. dollars by 2035. 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 several reasons. Digitizing the economy and the 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 *** billion U.S. dollars in 2024. The segment with the highest market size was smartphones, valued at ** 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 *** 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 ** 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 *** 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 **** billion U.S. dollars were invested in D2C brands.
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The India E-Commerce Market Report is Segmented by Business Model (B2C, B2B, C2C), Device Type (Smartphone / Mobile, Desktop and Laptop, Other Device Types), Payment Method (Credit / Debit Cards, Digital Wallets, BNPL, Other Payment Method), B2C Product Category (Beauty and Personal Care, Consumer Electronics, Fashion and Apparel, Food and Beverages, and More). The Market Forecasts are Provided in Terms of Value (USD).
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The India e-commerce market reached approximately USD 89.64 Billion in 2024. The market is projected to grow at a CAGR of 17.10% between 2025 and 2034, reaching a value of around USD 434.58 Billion by 2034.
In 2022, the business-to-consumer (B2C) e-commerce market size stood at ** billion U.S. dollars in India. The B2C e-commerce market is likely to increase to *** billion U.S. dollars by 2030. Moreover, branded websites saw a significant growth of over ** 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 *** 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 ** 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 ** 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.
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The India e-commerce market size was USD 125.5 billion in 2024, and it will grow by 15.2% during 2025-2032, to reach USD 385.2 billion by 2032.
In financial year 2023, the fashion D2C e-commerce market size was worth about ************ U.S. dollars in India. The market size is projected to grow to by *****-fold in financial year 2027. The majority of D2C fashion sales were done through online marketplaces.
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The India Direct-To-Consumer E-Commerce Market Report is Segmented by End-User Vertical (Apparel and Footwear, Grocery and Gourmet, Personal Care, Home Decor and Household Supplies, Healthcare, and Jewelry). The Market Sizes and Forecasts are Provided in Terms of Value (USD) 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.
In 2021, the market size of business-to-business (B2B) e-commerce was worth *** billion U.S. dollars in India. The market size of B2B e-commerce is likely to increase to about ** billion U.S. dollars in the year 2025. B2B e-commerce is the online selling of products or services between businesses.
The Books eCommerce market in India is predicted to reach US$6,369.4m revenue by 2025, reflecting an estimated growth rate of 19% compared to 2024.
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India E-Commerce Market was valued at USD 122.67 Billion in 2024 and is expected to reach USD 300.45 Billion by 2030 with a CAGR of 18.23% during the forecast period.
Pages | 82 |
Market Size | 2024: USD 122.67 Billion |
Forecast Market Size | 2030: USD 300.45 Billion |
CAGR | 2025-2030: 18.23% |
Fastest Growing Segment | Beauty & Personal Care Products |
Largest Market | South |
Key Players | 1. Amazon.com, Inc 2. Alibaba.com 3. eBay Inc 4. Flipkart.com 5. Walmart Inc 6. Meesho 7. Nykaa E-Retail Limited 8. Snapdeal Limited 9. HomeShop18 10. JD.com, Inc. |
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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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The India E-Commerce Logistics Market report segments the industry into By Service (Transportation, Warehousing and Inventory Management, Value-Added Services (Labeling, Packaging)), By Business (By B2B, By B2C), By Destination (Domestic, International/Cross Border), and By Product (Fashion and Appareal, Consumer Electronics, Home Appliances, Furniture, Beauty and Personal Care Products, Other Products (Toys, Food Products, Etc.)).
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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 DIY eCommerce market in India is predicted to reach US$10,638.7m revenue by 2025. The top online retailers in the market are industrybuying.com, jiomart.com and bigbasket.com.
The Furniture & Homeware eCommerce market in India is predicted to reach US$17,335.3m revenue by 2025. The top online retailers in the market are ajio.com, jiomart.com and urbanladder.com.
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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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Unlock data-backed intelligence on India E-Commerce Market, size at USD 24 billion in 2023, showcasing key trends and major players.
The Fruits & Vegetables eCommerce market in India is predicted to reach US$1,246.2m revenue by 2025, reflecting an estimated growth rate of 38% compared to 2024.
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 125 billion U.S dollars in 2024. This number was estimated to reach 550 billion U.S. dollars by 2035. 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 several reasons. Digitizing the economy and the 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.