India D2C E-commerce Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
The India D2C E-commerce market is expected to grow at a CAGR of 34.5% during the forecast period, 2022-2027. The Covid-19 pandemic-induced lockdown and mobility restrictions represented a significant point for D2C e-commerce in India. The pandemic has compelled sellers and new shoppers into digital platforms.
Key HighlightsMany local firms have expanded in the India D2C e-commerce business, resulting in fierce competition. Some key players are Mamaearth, BoAt(Imagine Marketing Services Pvt. Ltd.), and Bewakoof Brands Pvt. Ltd. Product launches, high expenses on R&D, acquisitions and partnerships, etc., are the growth strategies adopted by such companies to sustain the intense competition.
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