The India soap market size reached US$ 3.9 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 5.2 Billion by 2032
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Mahendra Lochhab
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In 2023, the Indian eyewear market was valued at US$9.7 billion. It is expected to grow to US\$13.58 billion by 2030 and US$18.48 billion by 2032
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Mahendra Lochhab
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The Indian ice cream market was worth INR 228.6 billion in 2023. The market is expected to reach INR 956 billion by 2032.
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Mahendra Lochhab
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The Indian ice cream market was valued at INR 228.6 billion in 2023, and is expected to grow at a CAGR of 17.4% from 2024 to 2032.
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Mahendra Lochhab
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In fiscal 2023-2024, the Indian wedding market reached a whopping $130 billion (around Rs 10 lakh crore), second only to the food and grocery sector in the overall $681 billion retail market.
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Mahendra Lochhab
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India's fertilizer industry has grown consistently since 2014, with a 9.6% increase in production in 2023. The industry is expected to grow to a market size of Rs 1.38 lakh crore by 2032.
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Mahendra Lochhab
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The Indian semiconductor industry is expected to grow from $34.3 billion in 2023 to $100.2 billion by 2032, with a compound annual growth rate (CAGR) of 20.1%. Other estimates put the market at $150 billion by 2030, with a CAGR of 24%.
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Mahendra Lochhab
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India's smartwatch market has been growing rapidly, becoming the world's largest in 2022. The market is expected to grow at a compound annual growth rate of 64.7% from 2023 to 2029, reaching $120.9 billion by 2032.
In 2023, India's IT sector exports reached $193 billion, with software and services accounting for $126 billion. This is almost double the $108 billion in 2016.
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Mahendra Lochhab
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The India jewelry market size was estimated at USD 85.52 billion in 2023 and is expected to grow at a CAGR of 5.7% from 2024 to 2030.
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Mahendra Lochhab
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India's online content creation market is estimated to reach $24 billion by 2028.
This market was 654 billion rupees in 2023.