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Booming Retail Sector in India

Booming Retail Sector in India

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Publish Date : Jun, 2008| No. of Pages : 90

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India is one of the most attractive destinations for retailers from all across the globe. Thanks to the entry of corporate, changing consumer behavior & lifestyle, increasing influence of western culture and rising income, the Indian retail industry has seen phenomenal growth in the last five years (2001-2006) and organized retailing has finally emerged from the shadows of unorganized retailing and is contributing significantly to the growth of the overall retail sector, according to "Booming Retail Sector in India”, a new market research report by RNCOS. The research report helps the client to analyze the opportunities and factors that will make the Indian retail industry a success.

Key Findings

- Organized retail market in India is expected to reach US$ 50 Billion mark by 2011. 
- Number of shopping malls is expected to increase at a CAGR of more than 18.9% from 2007 to 2015. 
- Rural market is projected to dominate the retail industry landscape in India by 2012 with total market
   share of above 50%.
- Organized retailing of mobile handset and accessories is expected to reach close to Rs. 5000 Crore
   by 2010. 
- Driven by the expanding retail market, third party logistic market is forecasted to reach US$ 20 Billion
   by 2011. 
- Apparel, along with food and grocery, will lead the organized retailing in India.

Key Issues Analyzed

- What is the market size and scope of the retail industry in India?
- What are the current market trends?
- What are the growth prospects and issues related to the industry?
- What is the segment-wise size of the organized market and what are the growth prospects of the
- What are the opportunities and challenges faced by the industry?
- Who are the major players in the Indian retail industry and what are the latest developments?

Key Players Analyzed

This section covers the key players currently operating in the Indian retail industry, including Subhiksha, Reliance Retail Ltd, Pantaloon Retail (India) Ltd., etc.

Research Methodology Used

Information Sources
Information has been sourced from books, newspapers, trade journals, and white papers, industry portals, government agencies, trade associations, monitoring industry news and developments, and through access to more than 3000 paid databases.

Analysis Method
The analysis methods include ratio analysis, historical trend analysis, linear regression analysis using software tools, judgmental forecasting and cause and effect analysis.

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