India: B2C e-commerce market size 2030| ��ƽ��

Market size of B2C e-commerce in India for 2022, with an estimate for 2030 (in billion U.S. dollars)

Characteristic	Market size in billion U.S. dollars
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Release date

June 2023

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Region

India

Survey time period

2022

Supplementary notes

* Estimate

One Indian rupee is equal to 0.011 euros and 0.012 dollars (as of May 2024).

Citation formats

In 2022, the business-to-consumer (B2C) e-commerce market size stood at ** billion U.S. dollars in India. The B2C e-commerce market is likely to increase to *** billion U.S. dollars by 2030. Moreover, branded websites saw a significant growth of over ** percent in the B2C e-commerce market.

Social commerce

Social media plays a crucial role in day-to-day life due to increased internet penetration and the availability of low-cost data packages. As a result, social media platforms have over *** million active users. Social commerce has become popular because social media offers brands not only a platform for advertisement but also for sales of products. Therefore, the market size of social commerce in India was estimated to be ** billion U.S. dollars in 2024. The popular social commerce platforms in the country are Facebook, Instagram, and Snapchat.

Live commerce

The new form of e-commerce deals with the use of digital platforms to sell products and engage with customers through livestream mostly with the help of influencers. Major e-commerce players such as Flipkart, Amazon, and Myntra have incorporated live commerce, with the beauty and personal care segment being the most popular. About ** percent of Indian consumers are interested in using live commerce while shopping. Besides, the main reason for using live commerce was that consumers can get answers related to the warranty and return of products bought online.