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Country Report

Institutional Channels in

Institutional Channels in India

15 pages, Sep 2016

US$2,100

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Executive Summary

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If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extract FREE!

Rising Indian economy driving the institutional market

Over the years, India has witnessed strong growth in its economy, and outpaced China as the fastest growing emerging country in 2015. India saw real GDP growth of 7.6% in 2015, following a 7.2% rise in 2014. With a growing economy, many new companies have been established in India, while existing players have expanded their presence. To add to this, the government has initiated the “Make in India” campaign, which has attracted a lot of foreign direct investment. Many multinational companies have established a presence in the country, opening up opportunities in the institutional market.

Government compliance regulations strengthen the position of big companies

Companies offering facility management services are making more effort to ensure that the services provided are compliant with all the regulations laid down by the government. For example, service providers need to ensure that their employees are covered by insurance and provident fund schemes. Also service providers need to adhere to the labour regulations laid down by the government. Many small local companies do not adhere to all the government regulations, leaving the market open for major companies to take the contracts.

Demand for institutional service providers witnesses slow growth

The concept of outsourcing facility management, foodservice and cleaning services in India is relatively new, and it is only employed by larger establishments which can afford it, and which need well trained professionals to maintain their business standards. However, with labour being cheap in India, most of these services are still more expensive than having in-house staff, or hiring someone as and when the need arises. Hence, growth has been slow. However, with rising disposable incomes and a growing economy, healthy growth in these services is expected over the 2016-2021 period.

Institutional service providers starting to invest in employee training

Institutional service providers are expected to invest more in training their staff over the forecast period, in terms of hospitality and skills.

Institutional channels are expected to become more organised

With rising demand for these services, albeit slow, institutional channels are expected to become more organised. With more international companies becoming operational in the country, it is expected that more companies will start outsourcing their management services to third party agencies, thereby driving growth in institutional sales over the 2016-2021 period.

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Overview:

Discover the latest market trends and uncover sources of future market growth for the Institutional Channels industry in India with research from Euromonitor's team of in-country analysts.

Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.

If you're in the Institutional Channels industry in India, our research will save you time and money while empowering you to make informed, profitable decisions.

When you purchase this report, you also get the data and the content from these category reports in India for free:

The Institutional Channels in India market research report includes:

Analysis of key supply-side and demand trends
Historic values, and company market shares
Five year forecasts of market trends and market growth
Robust and transparent market research methodology, conducted in-country

Our market research reports answer questions such as:

What is the market size of Institutional Channels in India?
Which are the major brands in India?
Which sector is the largest by value sales in India?
Which sector of the market has been growing the fastest, in value terms, in India?
Which companies dominate in the market in India in terms of market share?
What is the distribution channel split for institutional services in India?

Why buy this report?

Gain competitive intelligence about market leaders
Track key industry trends, opportunities and threats
Inform your marketing, strategy and market development, sales and supply functions

This industry report originates from Passport, our market research database.

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