The biggest player in the Indian eCommerce Market is amazon.in. The store had a revenue of US$1 billion in 2019. It is followed by bigbasket.com with US$443 million revenue and apple.com with US$399 million revenue.
Store rankings are based on every store that generates revenue in India. These stores can either have a national focus and only sell in their main country or operate on a global scale. For this evaluation, only revenue created in India was considered.
One of the fastest-growing stores in the Indian market is grofers.com. The store achieved sales of about US$0.4 billion in 2019. Its revenue growth amounted to 160% in the previous year.
Digital Market Outlook by Statista
The Digital Market Outlook presents up-to-date figures on markets of the digital economy. The comparable key figures are based on extensive analyses of relevant indicators from the areas of society, economy, and technology.
Market expansion in India is expected to continue over the next few years, as indicated by the Statista Digital Market Outlook. It has been predicted that the compound annual growth rate (CAGR 19-23) for the next four years will be 18%. Compared to the year-over-year growth of 28%, this decrease suggests a moderately flooded market. Another indicator of market saturation is the online penetration of 48% in India; in other words, 48% of the Indian population have bought at least one product online in 2019.
Five categories are considered by ecommerceDB. Fashion is the largest segment in India and accounts for 39% of the eCommerce revenue in India. This is followed by Electronics & Media with 27%, Toys, Hobby & DIY with 15%, Furniture & Appliances with 11% and Food & Personal Care with the remaining 7%.
In India, Own delivery service is the most frequently offered delivery service provider among online stores. Of those stores that indicating which service they use to transport their goods, 15% cited Own delivery service as one of their providers. Moreover, FedEx and DHL are among the top three shipping service companies offered by online retailers in India, at rates of 13% and 5%.
Shipping information is based on orders from the store's main country, which is defined as the one where the store generates most of its online revenue. In this case, it is India. Only stores that provide information about their shipping providers can be considered.
|#||Shipping service provider|
|1.||Own delivery service||15%|