India is one of the most attractive destinations for retailers from all across the globe. Thanks to the entry of corporate, changing consumer behavior & lifestyle, increasing influence of western culture and rising income, the Indian retail industry has seen phenomenal growth in the last five years (2001-2006) and organized retailing has finally emerged from the shadows of unorganized retailing and is contributing significantly to the growth of the overall retail sector, according to ""Booming Retail Sector in India”, a new market research report by RNCOS. The research report helps the client to analyze the opportunities and factors that will make the Indian retail industry a success.
Key Findings
Organized retail market in India is expected to reach US$ 50 Billion mark by 2011.
Number of shopping malls is expected to increase at a CAGR of more than 18.9% from 2007 to 2015.
Rural market is projected to dominate the retail industry landscape in India by 2012 with total market share of above 50%.
Organized retailing of mobile handset and accessories is expected to reach close to Rs. 5000 Crore by 2010.
Driven by the expanding retail market, third party logistic market is forecasted to reach US$ 20 Billion by 2011.
Apparel, along with food and grocery, will lead the organized retailing in India.
Demand for readymade garments in rural India is expected to increase at a CAGR of 16.5% during 2008-2010.
Women apparel market (in value terms) is anticipated to grow at a CAGR of 17.79% till 2010. The organized apparel retailing in India is projected to surge at a CAGR of 30% from 2008 to reach Rs. 52,289 Crore in 2010.
Increasing at a CAGR of 25%, branded apparel industry for women is expected to hit Rs. 18,351 Crore by 2010.
The organized lingerie retail market in India is expected to touch Rs 4000 Crore mark by 2009.
IT revenue from the retail segment is forecasted to grow at a CAGR of 43.41% by 2010.
Retail space under operations [in million sqft at the end of March-2008]:
* Pantaloon Retail - 8.9
* Vishal - 2.2
* Shoppers Stop - 1.6
* Spencers - 1.2
* Trent - 1.1
Retail Sales for FY 2008 [in Rs million]:
* Pantaloon Retail - 55,218
* Vishal - 10,053
* Shoppers Stop - 11,901
* Spencers - 8,061
* Trent - 7,162
Retail Gross Margins [in %ge]:
* Pantaloon Retail - 33.7
* Vishal - 44.1
* Shoppers Stop - 36.7
* Spencers - 14.4 [Lowest in the Industry]
* Trent - 42
Retail Real Estate Expense as Percentage of FY08 Sales:
* Pantaloon Retail - 7.2
* Vishal - 6.0
* Shoppers Stop - 8.6
* Spencers - 8.8
* Trent - 3.5
Retail Space Addition in FY 2008 [%ge growth YoY]:
* Pantaloon Retail - 67.5
* Vishal - 68.6
* Shoppers Stop - 36.9
* Spencers - 133.8
* Trent - 27.3
Retail Revenue in INR / sft in FY 2008:
* Pantaloon Retail - 7,788
* Vishal - 5,838
* Shoppers Stop - 8,585
* Spencers - 9,113
* Trent - 7,575
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