Market research on consumer products, commercial industries, demo...
Market research on consumer products, commercial industries, demographics trends and consumer lifestyles in India. Includes comprehensive data and analysis, tables and charts, with five-year forecasts.
The demand for gum, namely chewing gum and bubble gum, remains relatively muted in 2023. A large proportion of gum purchases are impulse in nature and low-ticket price purchases. Most purchases of gum tend to be made from small local grocers, and are…
The per capita consumption of chocolate confectionery in India in 2023 is only 7% of consumption in the US and 10% of consumption in the UK. Generally, chocolate confectionery in India has limited mind space association, primarily focused on gifting,…
Value sales of premium and luxury cars fell by 7% to INR245.9 billion in 2023. While supplies have improved, there is still a massive order backlog, with the waiting period for most luxury models stretching from two to 10 months. In addition, while…
Personal luxury retail sales increased by 11% in current value terms to reach INR256.2 billion in 2023, supported by growth recorded by leading players such as LVMH Watch & Jewellery India Pvt Ltd, Louis Vuitton India Retail Pvt Ltd and Hermès India…
Retail sales of luxury goods in India increased by 3% in current value terms to reach INR553.8 billion in 2023. The post-lockdown period saw a focus on recovery and a revival of normal consumer behaviour, encompassing working, shopping, the…
Value sales of fine wines/champagne and spirits grew by 9% to reach INR12.0 billion in 2023, boosted by a consumer desire to have fun and enjoy experiences after the pandemic. Socialising – both at home as well as in the on-trade – remains a priority…
Despite consumer spending power and their desire to travel being impacted by a number of global and domestic issues, including higher living costs, unprecedented inflation levels and uncertainties deriving from the war in Ukraine, India has seen a…
The packaging unit volume sales in sweet spreads continued to grow dynamically in 2022 as Indian consumers’ awareness of Western diets continued to increase. Rapid urbanisation and exposure to global culture was helping to drive this trend, and…
In the wake of the pandemic, a number of factors have helped maintain an ongoing interest in home cooking after the boost to this trend driven by the COVID-19 restrictions. Hybrid work modes have become widespread in India, seeing consumers…
With the resumption of busy lives following the pandemic, consumers in India’s urban centres are increasingly looking for convenient and time-saving packaged food products. While India has traditionally consumed fresh meat, rapid urbanisation and…
As Indian consumers have been returning to their busy and active lifestyles post-pandemic, they have been increasingly seeking convenient and time-saving food products. Frozen vegetable offerings such as mixed corn and peas require less preparation…
Before the COVID-19 pandemic hit India, plant-based milk – which accounts for the entirety of unit volume packaging volumes in plant-based dairy – had been seeing dynamic year-on-year growth. However, the pandemic affected the availability of…
Increasingly time-strapped Indian consumers with busy lifestyles have been driving demand for meals and soups, boosting packaging unit volumes of the main pack types in the category – flexible plastic and folding cartons. Post-pandemic resumption of…
India is the largest producer of dairy in the world and, within it, drinking milk products is the largest category in terms of volume sales. However, traditionally, a large part of India’s milk sales have been accounted for by informal trade in the…
Sugar confectionery in India dominates overall confectionery sales. During the pandemic, restrictions on mobility affected volume sales as a significant portion of sugar confectionery purchases are normally made up of impulse at-the-counter…
Folding cartons account for the majority of pack type share in Indian baby food packaging. This is largely due to the category they are widely used in – dried baby food – being the biggest in Indian baby food. Folding cartons are suitable for dried…
During COVID-19 lockdowns in India in 2020, the government deemed alcoholic drinks to be non-essential, meaning that production and sales via both the retail and foodservice channels came to a temporary halt in this year. The closure during lockdowns…
With social mobility returning to pre-COVID-19 levels post-pandemic, cigarettes have experienced the fastest volume growth in a decade, mainly fuelled by increased consumption occasions. The working population, including 316 million Millennials and a…
Sunglasses in India is experiencing double digit growth in 2023, attributed to the complete, post-pandemic recovery of travel and mobility within the country. Indeed, in 2023, consumers are engaging in more travel activities, resulting in a notable…
In 2023, spectacles, comprising both spectacle lenses and frames, showcased significant growth. This growth can be attributed to the increasing number of people in India with vision correction needs. The rise in vision correction requirements can be…