India

India has been one of the fastest-growing large economies globally in recent years, thanks to steady gains in consumption, a surge in foreign direct investment (FDI) inflows, and relatively lower oil prices. The outlook for the Indian economy is ...

The impact of new government regulations imposed in 2017 was still visible in the first quarter of 2018. The high GST rates compared to previously prevalent VAT rate, continued to affect the margins of the manufacturers. However, sales stabilised in ...

India is one of most populous countries in the world. About 5% of this population are infants aged 0-2-years-old, implying a huge customer base for baby and infant toys. This can be seen in baby and infant toys and games being one of the fastest ...

Digital video game software is growing faster than physical video game software. Mobile gaming is one of the most preferred categories in digital video games. Due to competition for established players from local players like Lava, Karbonn and ...

The change in perception of bags and luggage from a mere commodity to a fashion accessory and status symbol is becoming more prevalent among consumers in India. This trend has fuelled the demand for personalised luggage bags among Indian households. ...

In the past year, jewellers have been finding it hard to raise capital through financial institutions. This is largely due to the Nirav Modi and Mehul Choksi scandal which involved wilful default and scamming on behalf of the jewellers against Punjab...

The personal accessories market has continued to experience strong current value growth in 2019 as consumers continue to become more fashion conscious due to the rising penetration of social media platforms such as Instagram and Facebook, rising ...

Globally, 3D printing as a production technique has been gaining prominence resulting in watch making also being impacted. Manufacturers across countries such as Switzerland, the Netherlands and France are experimenting with this technique to produce...

As the writing instruments category evolves due to the rise in technology which has resulted in products and services such as computers, laptops, e-mail, etc, there is also a new demand evident for premium writing instruments. This rise in demand is ...

As consumers gain increased awareness about the latest fashion trends due to increased penetration of social media platforms such as Instagram, they are willing to experiment. Also, as disposable incomes rise in the country, consumers are willing to ...

Recent years have seen a shift in the way spectacles are viewed. They have moved from a functional standpoint of offering vision correction to a more commoditised accessory from a fashion standpoint. Also, due to the rise of domestic players, average...

In the past, spectacles had a target audience that needed them purely to correct their vision. However, in recent years, the segment has experienced change and spectacles are becoming fashion accessories which is making it a commoditised product. Due...

A new product subcategory namely smart sunglasses is projected to gain importance in the coming years. These sunglasses are projected to offer several features such as Bluetooth connectivity, headphones with mic fitted within the product that will ...

Consumers in India are warming to cigars and cigarillos. The factors fuelling the growth are increasing disposable income, the emergence of clubs and lounges, retail stores focussing solely on selling these products, and the perception of the ...

All tobacco categories were impacted after the implementation of the Goods and Services Tax (GST). However, cigarettes were affected the most. Before GST, cigarettes were taxed at a 28.7% cumulative average. However, under the new tax regime, ...

Vaping started gaining traction in India due to curiosity, its positioning as a perceived healthier alternative to smoking, cost-effectiveness and regulatory curbs on smoking tobacco. This, coupled with the import of new products and flavours, ...

Cigarettes recorded positive volume growth in 2018 for the first time since 2012. The growth was limited by the tax changes under the GST regime, introduced in 2017. Under the GST, cigarettes saw taxes levied increase by 13%. The total tax load under...

Total volume sales of beer were stagnant in 2017, mainly impacted by the highway ban and the lingering effects of demonetisation, coupled with some excise duty hikes. Consequently, these effects started to wane at the beginning of 2018, with the ...

There was no presence of cider/perry in India in 2018. There is no data present to suggest its entry over the forecast period....

The lingering effects of demonetisation, Good and Services Tax (GST) and highway bans finally started to taper off at the end of the review period. However, excise duty hikes in the states of West Bengal, Karnataka, Kerala, Gujarat and Maharashtra ...