Newly released market research study shows that the online grocery market in India would develop at 55 percent through 2021. The report released by TechSci Research, a global market research and consulting company with offices in Canada, UK and India suggests that the easy availability of products and improved logistics will help the country achieve the 55 percent goal. The report titled “India Online Grocery Market By Product Type, Consumer Behaviour, Competition Forecast and Opportunities, 2011 – 2021” was released in Canada.
During the last couple of years, many companies operating in online grocery business have been spending heavily on digital marketing. With growing e-commerce market, increasing consumer awareness, rising disposable income and advent of various technological advancements over the last few years. Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm said: “BigBasket, Grofers, and PaperTap are the leading players in India online grocery market. These players are anticipated to maintain their dominance in the market through 2021. Few companies are expanding their operations by partnering with local retailers in numerous Indian cities, while others are adopting inventory business model to address the growing demand for everyday consumer products across India.”
“India Online Grocery Market By Product Type, Consumer Behaviour, Competition Forecast and Opportunities, 2011 – 2021”, has analyzed the potential of India online grocery market and provides statistics and information on market sizes, shares and trends. The report will suffice in providing the intending clients with cutting-edge market intelligence and help them in taking sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers and key challenges faced by the industry.