Despite the expectation that small local grocers in India will continue to lose value and outlet share to modern grocery retail channels in the forecast period as these expand to more areas, it will maintain a strong presence in rural areas and small towns. These areas have relatively low penetration of modern grocery retail channels for economic reasons, with high capital required versus lower value returns.
Many large players and start-ups in the industry have undertaken initiatives to help modernise kirana stores. Fmcg companies such as Hindustan Unilever, retail giants including Reliance Industries, Walmart India, and Metro Cash & Carry, start-ups such as Kirana King, and ShopX, and even digital payments companies including PhonePe, have created a range of engagement models to work with kirana stores to modernise them, providing them with tech solutions for customer-facing and back-end operations, or meeting their need for working capital.
One of the major problems in kirana stores continues to be stock optimisation, with unpredictable demand resulting in either stock-outs or expired products. udaan, with its headquarters in Bengaluru and offices in all major cities across India, is one of the leading B2B e-commerce platforms in the country.
Delivery:
Files are delivered directly into your account soon after payment is received and any tax is certification is verified (where applicable).
This report comes in PDF with additional info in Excel included.
Understand the latest market trends and future growth opportunities for the Small Local Grocers industry in India with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Small Local Grocers industry in India, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Small local grocers are mostly independent retail outlets (with a selling space of under 400 square metres), kiosks, market stalls or street vendors, owned by families and/or run on an individual basis, and with a primary focus on selling food/beverages/tobacco and other groceries. Small local grocers also includes ethnic grocery stores that specialize in foreign brands and food types, health food stores, confectioners/newsagents/tobacconists (CTNs), food & drink souvenir stores, legally registered mobile shops that are run out of a truck, and regional specialty stores. Retail sales from farmers markets, farms, vineyards, or similar producers are also included in small local grocers. Outlets located within wet markets in Southeast Asia (often located in government-owned multi-story buildings) should be counted as separate outlets.
See All of Our DefinitionsThis report originates from Passport, our Small Local Grocers research and analysis database.
If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extraction Free!