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Showing posts from October, 2023

India Lingerie Market (2023-2029) | 6Wresearch

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  India Lingerie Market overview India Lingerie Market  is estimated to witness tremendous growth over the years underpinned by lingerie is no longer seen as functional undergarments rather than as a fashion statement. The impact of Western fashion trends coupled with women becoming aware of lingerie styles & designs have shifted consumer preferences towards stylish yet comfortable lingerie. According to 6Wresearch, the India Lingerie Market size is estimated to augment during the forecast period 2023-2029. India is home to more than 500 million female consumers who are increasingly becoming aware of personal grooming & fashion trends across the country which is driving greater demand for lingerie products in the country. COVID-19 Influence on the India Lingerie Market COVID-19 has impacted the India Lingerie Market which is a part of the Asia Pacific Lingerie Market. the pandemic caused a major disruption in the supply chain to affect the manufacturing process, as a r...

India Coal Market (2020-2026) | 6Wresearch

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India Coal Market Synopsis The  India Coal Market   has historically played a pivotal role in the country's energy landscape, serving as the primary source for power generation and industrial needs. India possesses significant coal reserves, making it one of the largest coal producers and consumers globally. India is the world’s third largest consumer of coal and one of its top producers. Coal offers a reliable source of energy for India as it accounts for over 70% of the country’s electricity generation. The Indian coal market has been growing at a tremendous rate since 2016 to meet rising demand from key sectors such as power, cement, sponge iron, steel, and aluminum. In 2020 alone, the Indian coal market was valued at USD 28 billion with an estimated CAGR growth rate of 4.1%. Challenges of the Market: Low Efficiency & High Pollution Levels – Burning coal emits high levels carbon dioxide (CO2), nitrogen oxide (NOx), sulfur dioxide (SO2), particulate matter (PM10 & PM...

India Stationery Market (2023-2029) | 6Wresearch

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  India Stationery Market Overview Before the COVID-19 outbreak, the growth of  India Stationery Market  was primarily driven by an increasing number of students enrolling in schools, as well as the rise in offices and banks across the country, resulting in a higher demand for stationary products. However, the outbreak of the COVID-19 pandemic in 2020 had a negative impact on market revenues. The closure of educational institutions meant that only 36% of enrolled children received learning materials or activities from their teachers, leading to reduced demand for stationery products in the education sector. Furthermore, there was a significant decrease in the supply of office space across seven major cities, with a decline of 30% from the previous year, going from 51.62 million sq. Ft to 36.34 million sq. Ft in 2020. This decline in office space availability further contributed to the decrease in demand for office-related stationery from the corporate sector. According to...
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India Mobile Wallet Market Synopsis India Mobile Wallet Market   is estimated to secure tremendous growth in the country on the back of the increasing adoption of mobile-based payment solutions and the government`s push towards a cashless economy. Mobile wallets offer convenient, secure, and contactless payment options for various transactions, including shopping, bill payments, and money transfers. The market`s growth is driven by factors such as the growing smartphone penetration, the demand for seamless and instant payment solutions, and the need for financial inclusion in rural areas. According to 6Wresearch, the India Mobile Wallet Market size is estimated to secure massive growth during the forecast period 2023-2029. The India mobile wallet market is influenced by several drivers. Primarily, the rapid penetration adoption of mobile phones and mobile internet services in India creates a conducive environment for mobile wallet usage. The convenience and ease of making digital p...

India Jewellery Market (2023-2029) | 6wresearch

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  India Jewellery Market Overview The  India jewellery market  is expected to gain traction over the years backed by several growing aspects such as increasing disposable income, rising demand for luxury items and growing affinity towards branded jewellery products. According to 6Wresearch, the India Jewellery Market size is estimated to augment during the forecast period 2023-2029. The market growth is influenced by various aspects such as rising income levels and the expansion of online Jewellery stores. COVID-19 Influence on the Indian Jewellery Market COVID-19 impacted the India Jewellery Market which is a part of the Asia Pacific Jewellery Market. the pandemic caused a strict lockdown and major restrictions led to the shutdown of all Jewellery retail outlets in the country. Moreover, due to the pandemic, people facing financial constraints resulted in reduced spending on non-essential products, including Jewellery. In addition to this, restrictions on the raw materia...

India Electric Vehicle Market (2023-2029) | 6Wresearch

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India Electric Vehicle Market Synopsis India Electric Vehicle Market   is estimated to register sound growth owing to various growing factors like increasing adoption of electric two-wheelers, lower electric vehicle operating costs, rising demand for eco-friendly vehicles, and government initiatives promoting the use of electric vehicles. An increasing shift in the rural population has led to a surge in the demand for sustainable and efficient transportation, making electric vehicles more suitable, especially electric two-wheelers. Increasing manufacturing of electric vehicles in the country with the rising demand, leads to increased EV availability. According to 6Wresearch, the India Electric Vehicle Market size is estimated to surge during the forecast period 2023-2029. The market growth is, driven by the population becoming more aware of pollution and climate change, hence the demand for electric vehicles is increasing in the country as they are attributed more environmentally f...

India Television Market (2021-2027) | 6Wresearch

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  India Television Market Overview India Television market   would register healthy growth in the coming years on account of increasing spending power of consumers as well as rising commercialization. Further, the number of service providers has increased substantially which has spurred the demand for television in India. According to 6Wresearch, India Television Market size is projected to grow at a CAGR of 8.4% during 2021-27. This growth is primarily due to rapid urbanization along with a rising number of households in the country. Key Attractiveness of the Report Historical Data Starting from 2017 to 2020. COVID-19 Impact on the Market. 10 Years Market Numbers. Base Year: 2020. Forecast Data until 2027. Key Performance Indicators Impacting the Market. Major Upcoming Developments and Projects. Key Highlights of the Report Market Size of India Television Market, 2020 Forecast of India Television Market, 2027 India Television Market Outlook Historical Data and Forecast of Ind...

India Power Tools Market (2020-2026) | 6Wresearch

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  India Power Tools Market Synopsis India Power Tools Market  is anticipated to witness notable growth during the forecast period. A rapid shift in consumer preference from hand tools to power tools on account of several factors such as better durability, precision, performance, and convenience has resulted in significant demand for power tools in recent years. The majority of the demand for power tools in the Indian market could be witnessed in verticals such as construction, industrial, and transportation. Although international brands namely Bosch, Stanley, and Makita emerged as the key players in the market, the Chinese power tools are being highly preferred by price-sensitive consumers across the small-scale industries, residential sector, and DIY consumer segment. The market has seen a halt owing to the massive outbreak of COVID-19 which resulted in nationwide lockdowns to combat the spread of the virus and has led to a decline in the overall market growth. According to ...

India IoT Market (2023-2029) | 6Wresearch

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  India IoT Market Synopsis India IoT Market  is estimated to gain traction in the coming years underpinned by the growing need for automation and efficiency across various industries, driving a high adoption of IoT technologies. Smart City is one of the initiatives that include urban planning, infrastructure management, and citizen services, this has resulted in an increased demand for IoT technologies. The rising expansion of healthcare sector in the country has resulted in higher adoption for IoTs, as they facilitate remote patient monitoring and telemedicine. According to 6Wresearch, the India IoT Market size is estimated to augment during the forecast period 2023-2029. The market growth is influenced some aspects such as an increased digitization, growing smart homes, rising IoT technology’s adoption across the sectors, including healthcare, energy & utilities, and manufacturing. Additionally, the rising expansion of healthcare sector in the country has resulted in hi...

India Footwear Market (2023-2029) | 6Wresearch

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  India Footwear Market overview The  India footwear market  is estimated to register sound growth in the coming years underpinned by various growing factors such as rising disposable incomes, increased focus on personal grooming & fashion sense, changing lifestyles, and preference for branded products among many others. India has become one of the major players in global footwear exports owing to its large population base and growing demand from developed countries such as the US and Europe. According to 6Wresearch, the India Footwear Market size is anticipated to gain momentum during the forecast period 2023-2029. The market growth is driven by various factors such as the expansion of e-commerce platforms has made it easier for consumers to access a spectrum range of footwear available with heavy discounts. COVID-19 Influence on the India Footwear Market: The pandemic had affected the India Footwear Market which is a part of the Asia Pacific Footwear Market. With th...

India Power Bank Market (2023-2029) | 6wresearch

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  India Power Bank Market Overview India Power Bank Market  is anticipated to gain momentum in the upcoming years on the back of various growing factors such as rising smartphones advent in the country, growing ecommerce platforms, and introduction of fast charging technology. According to 6Wresearch, the India Power Bank Market size is estimated to augment during the forecast period 2023-2029. The market is experiencing growth with smart phones being the most important electronic device in today’s era, as people are dependent on their mobile devices for communication, entertainment, and work, the demand for power banks will be continue to surge. The increasing trend of digitalization, from online payment to online shopping, to remote work, this has augmented the need for uninterrupted power supply even while on the go, hence the demand for power banks has increased, contributing to the India Power Bank Market growth. Trends & Opportunities in the India Power Bank Market I...