GROCERY SECTOR The grocery sector consists of various retail channels; including big multiples, convenience and discounts. In recent years, growth in the grocery market has been difficult for certain channels as lower and lower prices allow consumers to spend less and get more from their grocery purchases. In recent years, growth in the grocery market has been difficult for certain channels as lower and lower prices allow consumers to spend less and get more from their grocery purchases. With the rise of discount and convenience retailers increasing their sales, this is a much more competitive industry than it has been in the past. Now multipliers must improve their pricing strategies and defend their market share. Retailers must constantly monitor competitive strategies and work hard to ensure their business stands out from the crowd. Due to the large increase in sales within the bargain and discount channels, it is very important that the main multiples remain as competitive as pos
Market size According to Kearney Research, India's retail industry is expected to grow by 9% from 2019-2030, from $779 billion in 2019 to $1,407 billion by 2026 and over $1.8 trillion by 2030. Indian Offline Sales of retailers, also known as bricks and mortar (B&M) is expected to increase by Rs. 10,000-12,000 crore ($1.39-2.77 billion) in FY20. The Indian direct selling industry is expected to be valued at $2.14 billion by the end of 2021. E-Retail has benefited during the pandemic and according to a Bain & Company report in conjunction with Flipkart, "How India Shops Online 2021", the retail market is expected to grow to USD 120-140 billion by FY26, a growth of 25-30% Bye. during the next 5 years. India has the third highest number of e-retail customers (behind only China and the US). New logistics players are expected to deliver 2.5 billion Direct-to-Consumer (D2C) shipments by 2030. Growth of the retail sector India's retail market is estimated to reach $