6wresearch logo

Online grocery market to grow annually at 62% between 2016-2022: Study

December 08, 2015

KOLKATA: India's online grocery market is estimated to grow at a compounded annual growth rate of 62% between 2016-2022, a latest study said.

The study, conducted by 6Wresearch, said the market for online grocery is currently at a nascent stage and primarily confined to tier one cities. It said attractive offers provided by online grocery players is wooing the consumers, while grocery and staple segment is contributing major revenue share followed by FMCG.

"Changing lifestyle coupled with long working hours has shifted purchasing trend from offline to online format. In India's online grocery market, youth population is playing very significant role for these online grocery item purchases," said Avishrant Mani, senior research analyst at 6Wresearch.

The study said Bengaluru is the key market for online grocery, followed by Mumbai and Delhi. It said the hyperlocal model is growing at faster rate as compared to pure-play model which requires heavy investments and warehouses pushing the overall operating cost. On the other hand, hyperlocal model saves cost and time of delivery due to support from local merchant.

Media Source: Economic Times

      Browse More Report

India Telecom Tower Power Systems Market (2017-23)

Market Forecast By Types (Reliable Grid (Diesel Genset and Batteries (Lead Acid and Lithium Ion (Solar), Unreliable Grid (Diesel Genset and Batteries (Lead Acid and Lithium Ion (Solar), Off Grid (Diesel Genset and Batteries (Lead Acid ( Solar)), By Regions...

Read More

India Servo Motors and Drives Market (2017-23)

Market Forecast By Servo Motors and Drive Types (Servo Motors (AC Servo Motors, DC Brushless Motors, Brushed DC Motors and Linear Servo Motors), Servo Drives (AC Servo Drive and DC Servo Drive)), By Voltage Range (Low Voltage and Medium Voltage), By Communication Protocol (Fieldbus and Industrial Ethernet), By Brake Type...

Read More

Pakistan Air Conditioner Market (2017-2023)

Market Forecast By Type (Window AC, Spilt AC, Floor Standing, Cassette, Suspended, Packaged, Ceiling Concealed/ Ducted Split, Centralized, Chiller, VRF, AHU/FCU), By Applications (Residential, Commercial Buildings & Retail, Government & Transportation...

Read More

India Submersible Pumps Market (2017-2023)

Market Forecast By Types (Openwell Submersible Pumps and Borewell Submersible Pumps), By Applications (Agriculture, Residential & Commercial and Industrial), By Industry (Construction, Oil & Gas, Water & Sewage, Chemical, Power Utilities, Mining and Others), By Regions...

Read More

India Diesel Engine Market (2018-23)

Market Forecast By Types (≤30 Hp, 31-100 Hp, 101-160 Hp, 161-200 Hp, 200-5000 Hp and Above 5000 Hp), By Applications (Agricultural, Automotive, Power, Construction Equipment and Industrial), By Regions (Northern, Western, Eastern and Southern) and Competitive Landscape

Read More

GCC Digital Signage Market (2017-2023)

Market Forecast By Components (Display Screens, Content Players and Software), By Display Screen Types (Single Screen, Video Wall or Multi Screen and Digital Signage Kiosk), By Display Screen Technologies (LED, OLED and QLED), By Display Screen Size...

Read More

India Fire Safety Systems and Equipment Market (2017-2023)

Market Forecast By Type (Fire Fighting Systems & Equipment (Fire Extinguishers (Dry Chemical, CO2, Clean Agent, Foam Fire, Wet Chemical and Water), Fire Suppression Systems (Clean Agent (FM 200, Novec), Carbon Dioxide, Wet Chemical Fire and Dry Chemical)...

Read More

Oman Air Conditioner Market (2017-2023)

Market Forecast By Types (Window AC, Spilt AC, Floor Standing, Cassette Type, Ducted Split/Ceiling Concealed, Packaged and Centralized (Chiller, VRF, AHU/FCU and Others)), By Applications (Residential, Healthcare, Commercial Buildings & Retail, Government...

Read More


Our Key Clients
6wreserach client list