business / news / / Daily Excelsior
India’s e-commerce market is projected to nearly triple to USD 250 billion by 2030.
India's e-commerce market is projected to reach USD 250 billion by 2030, up from USD 90 billion.
KEY POINTS
- Gen Z consumers will account for 45% of total online spending by 2030.
- Quick commerce is expected to become a USD 50-billion market, expanding significantly into Tier-2 cities.
- Non-food categories will make up 45% of quick commerce spending, creating a USD 10-billion opportunity.
- Content creators are expected to influence 30% of total retail spend, with live commerce reaching USD 8 billion.
COMPANIES
Summarized by Newsio from Daily Excelsior. How we summarize →