Smaller Families Fuelling Demand Of Consumer Durables Products: Report
The growing number of households, coupled with rising affluence and changing lifestyles, is boosting the demand for these products
Companies
Consumer
consumer
Economy
Retail
Consumer Staple Demand Recovers In Rural Areas, Urban Areas Witness Slowdown: Report
- by BW Retail World Bureau
- November 23, 2024
The slowdown in urban demand was particularly pronounced in specific categories, channels and consumer segments
Brands
Companies
consumer
Economy
News
Consumer Demand Recovery In October Boosts Hopes For Stronger Performance In H2FY25: Report
- by BW Retail World Bureau
- November 22, 2024
Companies across the apparel industry are focusing on store rationalisation to enhance margins, although net store additions may remain low in the second half of the year
Brands
Companies
FMCG
News
Rural Consumption Picks Up, Narrowing Gap With Urban Markets: FMCG Q4 Update
- by BW Retail World Bureau
- April 8, 2024
Industry leaders anticipate that improving macroeconomic indicators and favorable expectations for a good monsoon and rabi crops will stimulate consumer demand for fast-moving consumer goods (FMCG) in the current fiscal year, as per companies’ quarter updates. Despite a subdued operating environment in the March quarter, the industry foresees mid-to-high-single-digit growth in both value and volume […]
Brands
Companies
Electronics
News
Samsung Targets AI Domination, 70% Of India Sales To Come From Smart Appliances By 2025
- by BW Retail World Bureau
- April 5, 2024
Artificial Intelligence-powered and internet-connected smart appliances are set to dominate 70 per cent of Samsung’s India sales, according to the news agency PTI reported citing a top official of the leading appliances and consumer electronics manufacturer. Encouraged by the increasing adoption of AI-driven devices in India, Samsung is expanding its portfolio to include more AI-powered […]
Grocery
National
News
India Emerges As Key Player In $8 Bn Vegetable Seed Market
- by BW Retail World Bureau
- March 29, 2024
The global vegetable seeds market, valued at approximately USD 8 billion in 2022, continues to expand, driven by increasing demand for diverse vegetable varieties worldwide. According to S&P Global Commodity Insights (GCI), India stands prominently among the top players in this sector, alongside countries such as China, Japan, and the United States. The vegetable seeds […]
Brands
Companies
Electronics
News
Foldable Phone Shipments To Double In 2024 As Chinese Players Challenge Samsung
- by BW Retail World Bureau
- March 28, 2024
Shipments of super premium foldable phones are set to double year-on-year (YoY) in 2024, with the segment witnessing a surge of new entrants, primarily from Chinese players, aiming to challenge market leader Samsung. According to Counterpoint Research, Samsung held a commanding 83 per cent share in the preceding year, down from 100 per cent the […]
Companies
Finance
Netflix
News
MSME Credit Growth Improves, Currently At 19.3% YoY: Report
- by BW Retail World Bureau
- March 14, 2024
The bank credit to micro, small and medium enterprises (MSMEs) has improved and is currently at 19.3 per cent year-on-year (YoY) in January 2024. Ealier it was 15.1 per cent of total non-food credit, according to the Jocata Sumpoorn Index. The index remained stable at 0.57 in January and fluctuated within the range of 0.53 […]
National
News
Retail
Retail Sales In India See Modest 5% Growth In January 2024: Report
- by BW Retail World Bureau
- February 21, 2024
Retail firms across the country reported a 5 per cent increase in sales in January 2024 as compared to January 2023, according to a poll conducted by the Retailers Association of India (RAI), West India had the greatest growth rate of 6 per cent, followed by North and South India at 5 per cent each and East India […]
Brands
Companies
Finance
FMCG
News
ITC Q3 Profit Rises 6.5%, FMCG Drives Growth
- by BW Retail World Bureau
- January 30, 2024
ITC on Monday reported a 6.51 per cent increase in consolidated net profit to Rs 5,400.51 crore for the December 2023 quarter due to a resilient performance by the FMCG vertical compared to a consolidated net profit of Rs 5,070.09 crore in the October-December period a year ago, according to the regulatory filing. Its gross revenue […]