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India's shopping pattern is shifting from traditional format to digital format. Online retail is rapidly gaining popularity in the country owing to the rise in the e-commerce industry. The key reasons for this growth would include- growing mobile internet penetration, increasing usage of smart devices, time convenience, and increasing purchasing power.
According to 6Wresearch, India Online Grocery market is projected to reach $17.39 billion by 2022. In India's online grocery market, staple and FMCG online sales have fueled the market. India retail market is a very fragmented market with over 12 million “mom and pop” stores, which is one of the major challenges for the growth of online retailing. However, the online grocery market has started registering healthy growth rate on account of growing urbanization, changing lifestyle of the consumers, and tech-savvy young generation who prefers to buy products online.
The southern region is the major contributor to the market due to the highest online consumers located at Bengaluru and Chennai, followed by the western region and northern region.
Key Highlights of the Report
- Historical data of Global Online Grocery Market Revenue for the Period 2011-2015.
- Market Size & Forecast of India Online FMCG Market Revenue from 2016-2022F.
- Market Trends.
- Players Market Share and Competitive Landscape.
- Market Size & Forecast of Global Online Grocery Market Revenue from 2016-2022F.
- Historical data of India Online Grocery Market Revenue for the Period 2013-2015.
- Market Size & Forecast of India Online Grocery Market Revenue from 2016-2022F.
- Historical data of India Online FMCG Market Revenue for the Period 2013-2015.
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