Foreign Players Eying Indian Online Retail Market

Online retail sector is projected to grow at a CAGR of 39% during FY 2013-2016, says RNCOS in its research report.

NOIDA, India (prHWY.com) March 20, 2013 - In India, the online retail space has turned active with several big entities being part of it. Foreign players are entering the country by indirect route to tap the huge market. For instance, American retail giant, Walmart has been actively exploring the online space in India and in conversation with some leading e-commerce companies in India for partnership possibilities. Likewise, Amazon has also entered India, but through the aggregator route, by launching junglee.com in a bid to overcome FDI restrictions on multi-brand retail in the country. Further, eBay that entered India in 2004 has steadily put together the building blocks of their operations in India. It is signing on new merchants for its site, in line with its strategy of being a facilitator of transactions.

According to our new research report, "Indian Online Retail Market Analysis", the Indian online retail sector is emerging with immense growth potential as one of the potential markets. Driven by changing consumer behavior towards shopping and increasing impact of social media, online retail market in India is set to explore new growth opportunities in the coming years. It is anticipated that the online retail sector will grow at a CAGR of around 39% during FY 2013-2016.

Further, it provides detailed analysis on consumer behavior including customer buying habits, major reasons for online shopping preference, spending patterns under different price bands, etc which is based on information collected from around 1000 respondents during our primary survey. In addition, the report facilitates detailed study and forecast of online retail industry in India entailing the major growth drivers, industry trends, and opportunities.

Our report, "Indian Online Retail Market Analysis", provides a complete understanding of functioning of online retailing in India. With a view to understanding industry's competitive landscape, it provides profiling of the industry's leading players including flipcart.com, snapdeal.com, and homeshop18.com along with their SWOT analysis, which will help clients understand the market situation and its progress in the coming years. Overall, the report contains all the vital information that will help clients to draw up their market strategies and assess opportunity areas in India's Online Retail Market.

For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM421.htm

Some of our Related Reports are:

- Chinese Male Grooming Market Analysis (http://www.rncos.com/Report/IM420.htm)
- Indian Footwear Market Forecast 2014 (http://www.rncos.com/Report/IM310.htm)
- Indian Cosmetic Sector Forecast to 2015 (http://www.rncos.com/Report/IM388.htm)

Check Related REPORTS on: http://www.rncos.com/Retail%20industry.htm

About RNCOS

RNCOS specializes in Industry intelligence and creative solutions for contemporary business segments. Our professionals analyze the industry and its various components, with a comprehensive study of the changing market behavior. Our accuracy and data precision proves beneficial in terms of pricing and time management that assist the intending consultants in meeting their objectives in a cost-effective and timely manner.

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Tag Words: online retailing india

Categories: Retail

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