Showing 1 - 15 Articles out of 31
The growth in the online consumption is attributed to improvement in logistics.This is drastic rise from 108 million consumers who shopped online in the year 2017.
One of the major challenges of the eCommerce industry today is the rising consumer concern about counterfeit and piracy, especially in terms of payments and villainous eCommerce imposters.
Majority of e-commerce departments and businesses have increased their turnover since last year and present a good opportunity for the industry to develop further, says the Assocham report.
Assocham, has recently stated that the Indian luxury market is expected to cross $18.3 billion mark with a CAGR of about 25 percent.
The global e-commerce industry generates over USD 1.2 million every 30 seconds, with a major chunk of the sector's revenue being cornered through social media, says a joint study by Assocham-Deloitte.
Global online commerce sales via mobile devices are likely to touch $638 billion by 2018, as per a research by ASSOCHAM-Deloitte.
Online shopping industry has emerged as India's new sun-rise industry and is all geared up to cross business worth $ 16 billion by the end of 2015, as per a joint research by ASSOCHAM-Deloitte.
The spending on Valentine's Week this year will be 40 per cent higher than last year, which was about Rs 16,000 crore in 2014.
Despite the fact that it is not the main shopping season, retailers eagerly await this occasion to lure consumers with a bonanza of products and offers.
The market is likely to witness unprecedented growth in luxury categories including fashion, automobiles and fine dining.
Rising media exposure, high disposable income of the parents, peer pressure and brand consciousness among children are driving the growth of kids apparel market in India.