Evolution Of Organized Retail In India & Its Impact On Consumer Behavior
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The document summarizes statistics on the Indian retail market in 2008. It states that the total market size was $350 billion with a 5% compound annual growth rate. There were 12 million retail outlets and 60 million square feet of mall space. India's consumer market was 400 million people. The retail sector was seen as a major opportunity for investment and growth.
Evolution Of Organized Retail In India & Its Impact On Consumer Behavior
- 1. Anand Choudhary International Academy of Management & Entrepreneurship (IAME) Copyright息2008: IIMB- Anand Choudhary
- 2. Total market size (in 2008) (USD): 350 billion. Compounded Annual Growth Rate: 5 %. 12 million retail outlets. Mall space: 60 million feet 2 by end 2008 . Indias consumer market: 400 million. Copyright息2008: IIMB- Anand Choudhary
- 3. CAGR: 7-8% Source: CII A. T. Kearney Report 2006 Copyright息2008: IIMB- Anand Choudhary
- 4. Window of opportunity for Retail entry in markets (based on Global Retail Development Index (GRDI) ranking from 1995-2006 ) Source: CII A. T. Kearney Report 2006 Copyright息2008: IIMB- Anand Choudhary
- 5. Source: CII A. T. Kearney Report 2006 Copyright息2008: IIMB- Anand Choudhary
- 6. Source: CII A. T. Kearney Report 2006 Copyright息2008: IIMB- Anand Choudhary
- 7. Source: CII A. T. Kearney Report 2006 Copyright息2008: IIMB- Anand Choudhary
- 8. Demographic dynamics Double incomes Plastic money revolution Urbanization Potential for investment Location Sectors with high growth potential Rural retail Copyright息2008: IIMB- Anand Choudhary
- 9. Personal Disposable Income Credit Card Growth Number of card (in millions) US $ billion Source: Reserve Bank of India Copyright息2008: IIMB- Anand Choudhary
- 10. New retail forms and combinations Growth of intertype combination Competition between store-based and non-store-based retailing helps customer Growth of giant retailers Copyright息2008: IIMB- Anand Choudhary
- 11. Greater choices and lower prices Direct engagement with products and new innovations Shopping environment and service Proper arrangement of products depending upon: age, gender, status, culture of consumer. Copyright息2008: IIMB- Anand Choudhary