Online Retailing: All Set to Post Phenomenal Growth in India

Online retail sector will grow in India at a stupendous rate in the coming years, estimates RNCOS' latest research report.

NOIDA, India (prHWY.com) June 21, 2012 - India's retail sector is one of the world's largest markets in which the online retailing is experiencing an unprecedented growth. According to a new research report by RNCOS, the number of the internet users is constantly rising in the country, and thus, the Indian online retail market is set to explore various growth opportunities in the coming years. The large population base, the introduction of Smartphone, and busy lifestyle will take the segment to new heights. It is anticipated that the online retail sector will grow in India at a compound annual rate of around 39% during FY 2013 to FY 2016.

Research Analysis & Highlights

The report, "Indian Online Retail Market Analysis" by RNCOS that is spread over 50 pages, provides extensive information and in-depth analysis on the online retail market in India. It analyzes consumer behavior, including customers' buying habits, major reasons for shopping online, and spending patterns under different price bands. For this, a primary survey was conducted that collected information from around 1000 respondents. The comprehensive study provides forecast for the online retail industry in India, and discusses major growth drivers, industry trends and opportunities prevailing for the potential investors. It also studies the competitive landscape, with detailed SWOT analysis, which will help clients understand the market situation, and the direction in which the sector will proceed in the coming years.

Some of the report's key highlights include:

- Rising internet penetration is boosting online retail market in India.
- Survey revealed 'Discounts and Offers' are pulling customers towards online shopping.
- Foreign players are making entry into the market.
- Venture capitalists are pumping huge sums in the online retail.

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: myntra, flipkart

Categories: Retail

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