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In 2023, India’s consumer spending surged. This was particularly true for the Lifestyle (Fashion, Beauty, Jewelry), Consumer Electronics, and Fintech sectors, which all registered year-over-year (YoY) growth from 2022.
Learn how you can adopt the winning brands’ strategies. Download our comprehensive insights report on India’s consumer spending, spotlighting key trends to help you push your business forward by sharpening your marketing and customer engagement strategies.
Key consumer spending trends in India:
- Over 80% smartphone adoption marks Mobile Web as the main traffic source in India, especially in Consumer Electronics
- The Lifestyle sector, including Beauty & Cosmetics, and Jewelry & Luxury Brands, showcases India’s rising financial prowess
- In 2023, Myntra leads online fashion with 66.4M visits despite a 10% YoY traffic drop
- July 2023 saw a 20% surge in online traffic for the Finance industry compared to July 2022
Dive deeper into more consumer spending trends in India — get your free copy of the report now.
