Today: November 27, 2015, 7:28 am

India retailing market benefiting from increased disposable incomes
Retailing in India - a new market research report on 2014-04-30 03:36:03
2013 was a good year for retailing in India as income levels increased for much of the Indian population. Improvements in the economy encouraged consumers to spend more, benefiting non-grocery retailers particularly. Furthermore, improvements in the availability of a wide range of brands from luxury goods to basic private label products gave consumers more options to choose from and also boosted awareness of particular brands and products, supporting growth across retailing during 2013.

Improved convenience and the wider availability of various brands at cheaper prices online led Indian consumers to shift towards internet retailing during 2013. Internet retailing now poses huge competition to store-based retailing, especially apparel and footwear specialist retailers, electronics and appliance specialist retailers, beauty and personal care specialist retailers, leisure and personal good specialist retailers and health and beauty specialist retailers, among others.

Towards the end of the review period, rising disposable income levels led Indian consumers to spend more on products other than basic necessities. This helped to drive growth in non-grocery retailers, which outpaced growth in grocery retailers over the course of the year. Furthermore, rising brand consciousness led many consumers to switch to luxury goods and premium brands, which further boosted non-grocery retailers.

Domestic brands and local companies remained dominant among the players operating in retailing in India during 2013. In spite of various relaxations made to the rules regarding foreign direct investment in India in 2013, international companies remain cautious about India and a ´wait-and-see´ approach remained common. However, anticipated changes to legislation is set to have more of an influence on their operations in India. Moreover, domestic players maintain a longstanding presence in the country and thus remain very popular.

Hypermarkets is set to record the strongest growth in grocery retailers over the forecast period. Much of this growth is set to be due to the increasing number of product categories which are being offered by hypermarkets. The operators of India´s leading hypermarkets chains are also slowly beginning to increase the total proportion of their value sales coming from non-grocery products, which is set to remain the primary factor behind the strong growth expected in hypermarkets in India over the forecast period.

Click for report details: ..

Browse all Retail Market Research Reports ..

Browse all Retail Company Profile Reports ..

Browse all Latest Market Research Reports ..

About Us is a leading online business information aggregator with over 300,000 market reports and company profiles available to our clients. Our extensive range of reports are sourced from the leading publishers of business information and provide clients with the widest range of information available. In terms of company profiles,’s online database allows clients access to market and corporate information to over 100,000 different companies. We provide clients with a fully indexed database of information where clients can find specific market reports on their niche industry sectors of interest.

Press Information

Published by
Mike King
London: +44 (0) 203 086 8600

# 558 Words
Related Articles
More From Finance
USGFX Anticipates A Rise In Forex Trading [..]
The Shanghai Composite Index has been volatile and at one stage dropped more than 30% from its June 12 peak, [..]
Credit-Yogi Recommends Reputable Debt Solution Companies To [..]
Many people who have poor credit don’t know what to do about it. They realize that their bad credit prevents [..]
Credit-Yogi Reveals Special Considerations for Military Members [..]
No one wants to have their vehicle taken back by their banks. It’s a source of stress for the individual [..]
Credit-Yogi Teaches Consumers How To Use HAMP [..]
Be Prepared to Utilize HAMP Lenders do not like to help borrowers prevent foreclosure by accessing the Obama loan modification [..]
Credit-Yogi Informs Military Members Facing Auto Repossession [..]
No one wants to have their vehicle taken back by their banks. It’s a source of stress for the individual [..]

Disclaimer: If you have any questions regarding information in this press release please contact the company added in the press release. Please do not contact pr-inside. We will not be able to assist you. PR-inside disclaims the content included in this release.