Market Forecast By Type (Non-Durable Goods Merchant Wholesalers, Wholesale Electronic Markets And Agents And Brokers, Durable Goods Merchant Wholesalers), By Ownership (Wholesale/Distribution Chain, Independent Wholesalers) And Competitive Landscape
Product Code: ETC035324 | Publication Date: Jun 2023 | Updated Date: Jan 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Report Name | India Wholesale Market |
Base Year | 2022 |
Historical Period | 2019-2022 |
Forecast Period | 2023-2029 |
Growth rate | XXXX |
Report Coverage | Revenues & Volume, Market Trends, Drivers & Challenges, Market Forecast, Market Share |
Segment Coverage | By Type, By Ownership |
Customization Scope | 100% customized reports available along with reliable data. Moreover, you can alter the segments, countries, and regions according to your needs. For further details, you can contact our research expert at sales@6wresearch.com |
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India Wholesale Market report thoroughly covers the market by type, and by ownership. The market outlook report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
India Wholesale Market is estimated to gain traction in the country over the coming years underpinned by the rising expansion of e-commerce platforms, product diversification, and urbanization. India is home to one of the largest wholesale markets in the world, with a wide range of products from all categories available for purchase. The market includes apparel, jewellery, electronics, furniture and more. With its vast population and growing middle class, India has become an attractive destination for wholesalers looking to expand their business internationally. In addition to local suppliers, there are also many foreign companies operating in this sector due to the low labour and production costs available here.
According to 6Wresearch, the India Wholesale Market size is estimated to augment during the forecast period 2023-2029. The market growth is driven by increasing disposable incomes among consumers as well as increased demand from overseas buyers due to lower prices than those seen in other countries such as China or the USA. Furthermore, e-commerce platforms have provided greater access to customers across various regions resulting in increased sales opportunities for wholesalers catering specifically towards online shoppers. However, the market faces some challenges that can impede the market growth such as intense competition within certain sectors due to numerous players offering similar products at competitive prices leading some retailers to opt out altogether or lose profits on each sale they make. Furthermore, transportation costs can be high depending on where goods need to be shipped making it difficult for some smaller operators. Despite these challenges, the market is likely to grow considerably owing to a steady shift of the rural population into cities, which has boosted the wholesale distribution centres across the country, contributing to the India Wholesale Market growth.
COVID-19 had a mixed impact on the India Wholesale Market which is a part of the Asia Pacific Wholesale Market. Due to the lockdown imposed by the government across the country, this affected the transportation of goods, as a result, wholesale businesses encounter challenges during product sourcing. Inventory Management became difficult, especially for non-essential goods due to uncertain demand, which resulted in financial constraints. However, the demand for several products shifted drastically during the pandemic. With an increased demand for essential goods such as groceries, pharmaceuticals, and personal protective equipment (PPE), leading to a slight surge in the wholesale market in India was seen.
All the below-mentioned companies offer unique set advantages whether its extensive product selection delivery times payment options return policies. key players currently active space include:
The market growth is influenced by various government favourable policies & schemes. One of them is ‘Make in India’ which has encouraged domestic manufacturing, which has further boosted the demand from both local businesses and international firms. Moreover, the government introduced the National Logistics Portal to facilitate a single-window platform for several logistics and supply chain-related services. This initiative aims to simplify the logistics processes, including the transportation of goods within the wholesale supply chain. Certain agriculture reforms like the Farm Acts, aimed to modernize the agricultural sector by offering farmers more options for selling their produce. Direct sales of agricultural products from farmers to wholesalers can impact the India wholesale industry.
According to Dhaval, Research Manager, 6Wresearch, both non-durable goods merchant wholesalers and durable goods merchant wholesalers have been gaining traction, owing to the availability of both types of consumers.
Based on the ownership, it is difficult to say which is growing as both the segments, including wholesale/distribution chains and independent wholesalers, are gaining momentum in the country, based on various aspects such as the products, competition intensity, and the requirements of retailers and businesses.
The report offers a comprehensive study of the subsequent market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Wholesale Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Wholesale Market Revenues & Volume, 2023 & 2030F |
3.3 India Wholesale Market - Industry Life Cycle |
3.4 India Wholesale Market - Porter's Five Forces |
3.5 India Wholesale Market Revenues & Volume Share, By Type, 2020 & 2030F |
3.6 India Wholesale Market Revenues & Volume Share, By Ownership, 2020 & 2030F |
4 India Wholesale Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Wholesale Market Trends |
6 India Wholesale Market, By Types |
6.1 India Wholesale Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Wholesale Market Revenues & Volume, By Type, 2023-2030F |
6.1.3 India Wholesale Market Revenues & Volume, By Non-Durable Goods Merchant Wholesalers, 2023-2030F |
6.1.4 India Wholesale Market Revenues & Volume, By Wholesale Electronic Markets And Agents And Brokers, 2023-2030F |
6.1.5 India Wholesale Market Revenues & Volume, By Durable Goods Merchant Wholesalers, 2023-2030F |
6.2 India Wholesale Market, By Ownership |
6.2.1 Overview and Analysis |
6.2.2 India Wholesale Market Revenues & Volume, By Wholesale/Distribution Chain, 2023-2030F |
6.2.3 India Wholesale Market Revenues & Volume, By Independent Wholesalers, 2023-2030F |
7 India Wholesale Market Import-Export Trade Statistics |
7.1 India Wholesale Market Export to Major Countries |
7.2 India Wholesale Market Imports from Major Countries |
8 India Wholesale Market Key Performance Indicators |
9 India Wholesale Market - Opportunity Assessment |
9.1 India Wholesale Market Opportunity Assessment, By Type, 2020 & 2030F |
9.2 India Wholesale Market Opportunity Assessment, By Ownership, 2020 & 2030F |
10 India Wholesale Market - Competitive Landscape |
10.1 India Wholesale Market Revenue Share, By Companies, 2023 |
10.2 India Wholesale Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |