Despite slowing growth of mobiles category, e-tailing firmly on track to grow 32% in 2019 and reach USD ~82 Bn by 2022
Published on: Sep 2019
- 2019 to see the slowest growth in online mobiles sales in the last five years
- Despite the slowdown in mobiles, e-tailing to continue its rapid growth trajectory owing to success in other categories
The slowdown in online sales of mobiles category = opportunity for other categories
- ePharma growing at 100% YoY
- Online fashion to be the largest contributor by 2022
Online Grocery is creating a sticky customer base and expected to grow at 60% CAGR
Budget and Mid Market hotels will continue to dominate India’s lodging space
- Travellers are gradually shifting towards experiential and adventurous stays which are offered by homestays and hostels
- Expected to witness the highest growth