Future of Retail

In India, the consumer sector is quite dynamic. It is driven by a confluence of global economic trends, technological advancements and evolving consumer behaviour. As we navigate through FY25, industry leaders must stay ahead to harness growth opportunities and mitigate potential risks.

This report delves into the performance of various sub-sectors within the consumer and retail sectors, highlighting their resilience and vulnerabilities as it examines the impact of inflation on consumer spending patterns, exhibiting a transition towards value-conscious purchases and a resurgence in demand for experiences, such as travel and hospitality. While categories like recreation, entertainment, leisure and travel witnessed a surge in spending, traditional retail segments such as fashion and lifestyle observed a flat volume growth.