Consumer Goods and Retail Report Blog

  Rapid urbanization, increasing purchasing power and thus changing lifestyle of Indian consumers   to drive India modern retail space According to TechSci Research report,  “ India Modern Retail Space Market  By Category, By Occupancy Type, By Size, Competition, Forecast & Opportunities, 2014-2024 ” ,  India modern retail space market is projected to grow at a CAGR of around 7% during 2019-2024, owing to shifting preferences of young and urban population towards modern retail stores that offer a variety of products in an organized format. Moreover, growing trend of dual household income has significantly increased purchasing power of consumers across the country. This has led to a rising trend of shopping from multi-branded stores and exclusive brand outlets, which is further fueling the growth of modern retail sector in India. In terms of occupancy type, India modern retail space market has been divided into malls and shopping streets. Though shopping stre...

Rapid urbanization, increasing purchasing power and thus changing lifestyle of Indian consumers   to drive India modern retail space According to TechSci Research report,  “ India Modern Retail Space Market  By Category, By Occupancy Type, By Size, Competition, Forecast & Opportunities, 2014-2024 ” ,  India modern retail space market is projected to grow at a CAGR of around 7% during 2019-2024, owing to shifting preferences of young and urban population towards modern retail stores that offer a variety of products in an organized format. Moreover, growing trend of dual household income has significantly increased purchasing power of consumers across the country. This has led to a rising trend of shopping from multi-branded stores and exclusive brand outlets, which is further fueling the growth of modern retail sector in India. In terms of occupancy type, India modern retail space market has been divided into malls and shopping streets. Though shopping streets dom...