Consumer Services in India: Market Opportunities
Nov 18, 2022 Β· 2 mins read
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Consumer services in the country have been witnessing a roller coaster ride, thanks to the flourishing ecommerce space.
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With a multitude of options available, the segment is in for an exciting journey ahead. Here we capture some insightful numbers in the blooming consumer service space based on an Inc 42 research:
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1/ Electronics
Market Opportunity (2025): $21 Bn
Subsector stage: Mature
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2/ Fashion & Apparel
Market Opportunity (2025): $33 Bn
Subsector stage: Mature
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3/ Furniture & Home Decor
Market Opportunity (2025): $50 Bn
Subsector stage: Emerging
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4/ Beauty & Personal Care
Market Opportunity (2025): $8.2 Bn
Subsector stage: Growth
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5/ Food & Bevarages
Market Opportunity (2025): $35 Bn
Subsector stage: Growth
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The furniture & home decor segment shows a burgeoning opportunity that is waiting to be tapped for maximum gains all thanks to the growing aspirations of young populace.
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This is followed by the food & beverages segment with a tremendous growth opportunity, opening doors to multitude business opportunities.
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As the country moves ahead to become the fastest growing global economy, do you see the consumer services riding up the growth curve?
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