Indian Ecommerce Market Opportunity By 2030

$400 Bn+

$500 Mn+

Total Funding Raised By Ecommerce Startups In 2023

$2 Bn+

Median Ticket Size Of Ecommerce Funding Deals In 2023

$1.6 Mn+

Key Highlights

The ecommerce landscape in India has undergone a remarkable evolution, expanding beyond tier 1 cities to encompass tier 2 cities and beyond, witnessing significant growth in both sellers and buyers. Projections suggest that the total addressable market for the Indian ecommerce sector will surpass $400 Bn by 2030, with an estimated CAGR of 19% from 2022 onward. By 2030, India is anticipated to have over 500 Mn online shoppers. Notably, the Fashion Apparel &amp; Accessories segment is poised for substantial expansion, projected to exceed $112 Bn by 2030. 

This report delves into the current state of the ecommerce sector amidst a prolonged funding downturn. Specifically, it focuses on prominent fashion ecommerce startups and their impact on reshaping the sector's landscape.

State Of Indian Ecommerce Report Q1 2024, InFocus: Fashion Ecommerce